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Your email address will not be published.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 is set to develop its first deep-conversion petroleum refinery in Hub, Balochistan, with an estimated $4.5 billion investment. The project under the Greenfield Refinery

Islamabad: Pakistan’s federal debt has surged to an unprecedented Rs 81,930 billion, breaking all previous records, according to reports on June 9, 2026. In the

In a landmark judgment, Pakistan’s Supreme Court accepted the appeals of Abdul Rehman alias Bhola and Zubair alias Chariya, overturning their convictions in the 2012