Iran Discovers Major Gold Reserves at Shadan Mine

Iran has announced the discovery of a major gold deposit at the Shadan mine in South Khorasan, significantly boosting the country’s proven mineral reserves.According to officials, the newly identified vein contains approximately 7.95 million tonnes of oxide gold ore and 53.1 million tonnes of sulphide gold ore, marking one of the most substantial gold finds in recent years.The discovery is expected to strengthen Iran’s economy at a time of international sanctions and rising inflation, providing an important domestic resource for revenue generation and industrial development.With 15 gold mines operating nationwide, the latest find highlights Iran’s increasing focus on mineral wealth, self-reliance, and economic resilience. Analysts say the discovery could play a key role in supporting long-term economic stability.

Leave a Reply

Your email address will not be published. Required fields are marked *

Related News

Pakistan: Reports suggest that hi-octane petrol prices have dropped to around Rs410 per litre at selected fuel stations, despite higher official rates set by the

Punjab: The government has achieved a major milestone in land record reforms by completing 800,000 “Wanda Jaat” entries under its digitisation initiative. Officials stated that

Pakistan: Electric vehicle infrastructure on the M-2 motorway has expanded with the installation of new EV charging stations at multiple key locations. Authorities confirmed that