Capital Market

Recording the highest record of exploratory drilling in the history of Iran National Copper Industries Company

Recording the highest record of exploratory drilling in the history of Iran National Copper Industries Company
Mining News Pro - Shahriar Motevakel announced the record of the highest amount of exploratory drilling in the history of National Iran Copper Industry Company, amounting to more than 112 thousand meters in 8 months of this year (monthly average of more than 14 thousand meters).
  Zoom:

According to Mining News Pro - The Director of Exploration and Development of Mineral Resources of Iran National Copper Industries Company added: This record is an auspicious event in the history of explorations of the copper company. The copper company has completed the book of honors of this copper company in the field of discoveries this year at a depth of 1505 meters.

He further stated: Successive record breaking in the field of exploratory drilling shows the trend of increasing productivity in this field in the year of Danesh Banyan.

Emphasizing that the achievements were achieved with the help of God's grace and relying on the self-belief and hard work of the company's young and hard-working exploration team, Mutawakkel said: with new discoveries and the subsequent increase in the copper company's geological resources, the copper content The country's measured and indicated resources have reached more than 54 million tons, which is a great success in the field of national exploration.

He stated: This is despite the fact that according to the statistics published in 2022 in the latest report of the US Geological Survey (USGS, 2022), the country of Mexico with 53 million tons of copper content is in the fifth place in the list of the largest holders of global copper reserves. Compared to this table, our beloved country is claiming this position in the world table with a long step.

The Director of Exploration and Development of Mineral Reserves of the Copper Company stated: Currently, the company's geological resources are more than 19 billion tons, of which 9 billion tons are mineable reserves, this valuable support shows the bright future of the copper industry in the country. This is a happy news for the noble people of Iran, especially the respected shareholders of the company.



   Short Link:  
Esfahan Mobarakeh Steel co.
HOSCO
khuzestan steel
chadormalu Co.
ghadir neiriz co
IranAluminaJaajarm
sangan steel
ahan o fulad golgohar