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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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Mandatory Daily Safety Data Reporting for the Country’s Coal Mines
Iran Alloy Steel Company Signs Two Commercial and Financial MoUs at Eurasian Summit
Most Steel and Petrochemical Units Return to Production with Ministry of Industry’s Acceleration
Glencore on Track to Record Over $5 Billion in Trading Profit in 2026
CEO of National Copper Company Visits Sarcheshmeh Copper Complex Concentration Plant
Gas Malaysia targets investment decision on Kedah LNG terminal by second half of 2027
Generation Mining starts early works on Marathon palladium, copper project build
ConocoPhillips signs 20-year LNG deal with Venture Global
Nordic business alliance weighs expanding into critical minerals
Osmond Resources study confirms potential for EU’s first rare earths, zircon, titanium mine
Dynacor appoints former ArcelorMittal Mines Canada GM as COO
Algoma advises of 65% third-quarter shipment drop from unplanned outage
Fatal accident at Radomiro Tomic mine, Codelco partially suspends operations
Hindalco aims to kick-start an alumina pricing revolution
South Africa risks leaving much manganese value unrealised if logistics issues persist
Canada to fast track oil pipeline designed to diversify economy away from US
Yancoal Australia’s Premier Coal workers reject pay deal, set strike action
Ionic Rare Earths applies for Aim shares listing
Supra awarded DoD contract to advance scandium recovery
Yancoal completes $1.85bn takeover of Kestrel met coal mine
The Market Awaits the Glow of the Furnaces
Saudi Arabia Pulls the Brake on Oil Price Rally with New Export Route
Indian steel prices set to rise further on coking coal costs
Indonesian nickel smelters group says new price formula provides operational certainty
Global Oil Prices Fall on Diesel Export Uncertainty and Strait of Hormuz Developments
Global coal demand forecast to rise by 1.2% in 2026 to a record 8.94bn tonnes due to Middle East conflict, IEA says
Luca adds Agnico Eagle mine to Mexican portfolio
28 Major Iranian Mining Companies to Attend Russia Expo
Nativo secures Phase 1 La Patona gold plant financing from Chancery Royalty
Global Copper Production Falls 1.1% in First Half; First Annual Decline Since 2017 Looms
Dynacor appoints former ArcelorMittal Mines Canada GM as COO
Ionic Rare Earths applies for Aim shares listing
Gold mining stalwart Woodyer inducted to Canadian Mining Hall of Fame
Gold Fields aims to woo Northern Star investors after miner’s rebuff
Barrick CEO says North American IPO could slide into next January
Gold’s lustre dims as Treasury yields surge, markets bet on higher Fed rates
Gold Fields, Northern Star mix looks like match made in heaven but uncertainty prevails
St Barbara finds better economics, higher production at …
Australia’s Northern Star rejects $27bn takeover approach from Gold Fields
Dynacor advances expansion projects, Ecuador plant rehabilitation 65% complete
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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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