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Tuesday, 20 May 2025 06:57
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At the project control meeting of the Mines and Metals development investment Co , it was announced: Aghajanlou: / Projects of va-maaden" should be prioritized based on indicators and imbalances. Saad Mohammadi: Identification of 398 mi

The chaiman of the Executive Board of IMIDRO stated: The projects of Mines and Metals development investment Co ( va-maaden )should be prioritized based on indicators and imbalances, so that development actions can be done according to the situation.

According to the public relations of IMIDRO, Mohammad Aghajanlou at the project control meeting of the Mines and Metals development investment Co , which was attended by IMIDRO's deputies and managers announced: following the order of Engineer Atabak, the Minister of Industry, Mine, and Trade, a committee has been formed in the ministry to monitor the status of the projects

The chaiman of the Executive Board of IMIDRO stated: The projects of Mines and Metals development investment Co ( va-maaden )should be prioritized based on indicators and imbalances, so that development actions can be done according to the situation.

Deputy minister added: on this regard it is decided to make decisions for projects without economic feasibility.Aghajanloo also mentioned: One of the effective actions of 'Mines and Metals development investment Co is participation in the development of explorations and drilling, which is also currently being pursued .

Development of discoveries in VA-MAADEN

Subsequently, the Managing Director of the Mines and Metals development investment Co stated : 92 percent of the share and asset value of the VA-MAADEN is listed in the stock market, and added: With the aim of financial transparency, we plan to have the remaining eight percent listed as well.

Ardeshir Saad Mohammadi added: VA-MAADEN has not previously engaged in exploration activities, and now, in order to develop explorations, drilling operations were carried out in Baba Ali, Golali, and Shahrak mines by Sabanoor (a subsidiary company); results in the identification of 398 million tons, with a total value of the remaining reserves amounting to 900 million dollars.

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