zincinvesting
The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) has allocated 19 trillion rials (around US$38 million) to develop infrastructure and electricity supply for the country's mines. As part of the country’s initiative to capitalize on its rich mineral resources and stimulate economic growth, IMIDRO has signed 28 agreements aimed at improving the infrastructure of private mines across the country. These projects include 21 road construction initiatives and seven electricity supply projects, all of which come after US$32 million worth of investment from IMIDRO...
Investing News Network
After months of negotiations, Boliden (STO:BOL) has reached an agreement with worker's unions and local management to reopen the Tara operation, which is Europe’s largest zinc mine. Tara, operated by the Sweden-based mining company, is an underground zinc and lead mine with a production capacity of 2.6 million metric tons (MT) per year, making it the largest zinc mine in the continent. Located in Navan, Ireland, the Tara mine's reopening follows its closure in July 2023 due to a combination of challenges, including unfavorable zinc price trends and operational hurdles. The accord, aimed at ens...
Investing News Network
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