Iran Announces Major Gold Discovery as Economy Grapples with Sanctions
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2 Articles
Iran Announces Major Gold Discovery as Economy Grapples with Sanctions
TEHRAN - Iran has identified significant new reserves of gold ore totaling more than 61 million tons in the country’s east, state media reported Monday, a discovery that comes as officials in Tehran seek to fortify an Iranian economy buckled by years of international isolation.The findings are located at the Shadan mine in South Khorasan province, already a key site for precious metals in the country. According to the Fars News Agency, citing lo…
Iran announced the discovery of a mine deposit estimated at 61 million tons in Shadan Province, in the south-east of the country. This revelation comes in a context of prolonged economic sanctions and persistent tensions with the United States of America, reinvigorating questions about Iranian sovereignty, regional security and strategic balances in the Middle East. Read more: Iran: discovery of a 61 million tons deposit and geopolitical stakes …
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