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74% Growth in Iran’s Banking Facilities in Spring 2026

74% Growth in Iran’s Banking Facilities in Spring 2026

In the first quarter of the Iranian year 1405 (spring 2026), the country's banking network paid out a total of 2,940 trillion tomans in facilities, marking a 74% growth compared to the same period last year. Among these, the industry and mining sector, receiving 957 trillion tomans in facilities with priority given to working capital financing, accounted for 45.8% of the total facilities allocated to working capital across all economic sectors.

2026/07/18
British Columbia appealing court ruling on Indigenous consultation for mining rights

British Columbia appealing court ruling on Indigenous consultation for mining rights

The British Columbia government is appealing a court decision requiring consultation with First Nations before granting mineral exploration rights on traditional territories.

2026/02/09
Trafigura asks to subpoena banks in search for lost nickel funds

Trafigura asks to subpoena banks in search for lost nickel funds

Trafigura Group is seeking permission to subpoena Wall Street banks for information that might help the commodity trading giant track down the more than half a billion dollars it lost in an alleged nickel fraud.

2025/01/30
Fortescue banks shipment milestone

Fortescue banks shipment milestone

Fortescue shipped 97.1 million tonnes (Mt) of iron ore in the first half of the 2024­–25 financial year (FY25), the highest half-year shipments in the company’s history.

2025/01/23
China’s central bank resumes gold purchases after six-month hiatus

China’s central bank resumes gold purchases after six-month hiatus

China’s central bank resumed buying gold for its reserves in November after a six-month pause, official data by the People’s Bank of China (PBOC) showed on Saturday.

2024/12/08
China’s central bank refrains from gold purchases for a second month

China’s central bank refrains from gold purchases for a second month

China’s central bank refrained from gold purchases to its reserves for a second consecutive month in June, official data showed on Sunday.

2024/07/06
Deutsche Bank says Glencore may weigh listing move to US

Deutsche Bank says Glencore may weigh listing move to US

Glencore Plc may consider switching its primary listing from London to New York, analysts at Deutsche Bank AG predicted, in what would be the most high-profile exit from the UK exchange to date.

2024/04/02
BMO bankers sent each other crude memes before they were fired

BMO bankers sent each other crude memes before they were fired

Junior bankers who were recently fired from Bank of Montreal’s metals and mining group used work-sharing platforms to circulate crude jokes and at least one obscene image, which were discovered during an internal investigation after another employee complained, according to people with knowledge of the matter.

2024/02/27
Iron ore price drops as China central bank’s rate move defies expectation

Iron ore price drops as China central bank’s rate move defies expectation

Iron ore futures prices dropped for a second consecutive session on Monday as top consumer China defied market expectations and stood pat on its medium-term interest rate, leaving traders disappointed.

2024/01/16
NICICO and Sadaret Bank signed a memorandum of cooperation

NICICO and Sadaret Bank signed a memorandum of cooperation

Mining News Pro - A memorandum of cooperation was signed between Iran's National Copper Industries Company and Saderat Bank.

2023/11/12
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Eti Bakır Plans $220M Mazıdağı Expansion for Cobalt Salts and Pellet Iron
Asia Broadband withdraws legal proceedings against market makers for now
Coal India plans Singapore trading hub in hunt for critical mineral assets
Radiant World lays off staff as lenders back away, Singapore police investigates
American Tungsten subsidiary engages US Department of Energy for potential $18m funding
Gold price strength, disciplined cost management underpin Resolute’s first-half performance
Ghana’s mineworkers demand release of $34.5m in trapped savings
Viridis secures more than full equity requirement to advance Colossus project
NeoTerra selects contractor for Mozambique rare earth project PFS
Canadian graphite developer Abasca confirms promising early economics for Loki
Critical Metals, European Lithium amend share scheme transaction ratio ahead of merger
Capital raises full-year revenue guidance on strong first-half performance
Northern Star shines with new record net profit after tax of A$1.7bn
Arc Minerals selects drilling contractor for Botswana project
Bunker Hill Mining completes first production stope blast ahead of year-end mine restart
Chilean Copper confirms letter of interest for US Export-Import Bank to fund development
Almonty launches up to $300m share buyback programme
Vista Gold appoints all-stage mine veteran Ferguson to head Australian business
Westgold declares maiden ore reserve at third Beta Hunt deposit that boosts expansion potential
Canadian cobalt refinery is taking shape, Electra Battery Materials confirms
Queensland Mining Awards showcase best-in-region solutions
China’s steel sector looks weaker than it is, reverse for iron-ore
US-focused uranium producer Peninsula Energy withdraws this year’s guidance as it resolves temporary flow rate issue
Lithium producer Empower EIT commissions new Dallas Operations & Innovation Centre
Tehran Stock Market Returns to an Upward Trend
Astral extends high-grade gold success at Theia
Endeavour Mining report record first-half free cash flow
Independent concept processing study completed for Viking Mines’ Nevada project
Wanblad says Anglo not exclusive with any consortium on De Beers sale
Kinross maintains strong balance sheet, project pipeline
Asia Broadband withdraws legal proceedings against market makers for now
Gold price strength, disciplined cost management underpin Resolute’s first-half performance
Bunker Hill Mining completes first production stope blast ahead of year-end mine restart
Vista Gold appoints all-stage mine veteran Ferguson to head Australian business
Westgold declares maiden ore reserve at third Beta Hunt deposit that boosts expansion potential
Resolute, Nimba Mining establish JV dedicated to gold exploration in Guinea
Tepid Rise in the TSE’s Main Index on the First Trading Day of the Week
Analysis of the Upward Trend in Gold
West Red Lake Gold Mines completes first of three Madsen refurbishment phases
Hamak selects consultants for Akoko PEA
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Videos Gallery

Iran is One of the Key Players in Global Steel Products` Market

Iran is One of the Key Players in Global Steel Products` Market

Iran Must Concentrate on Steel Exports

Iran Must Concentrate on Steel Exports

Iran Is Among the Largest Producers of Steel in Asia

Iran Is Among the Largest Producers of Steel in Asia

Iran Will Export 20 Million Tons of Crude Steel

Iran Will Export 20 Million Tons of Crude Steel

Meet the ifm experts – Chris Dicker

Meet the ifm experts – Chris Dicker

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