A number of gold, copper, iron ore and lithium reserves have been discovered in Iran since the incumbent government took office in 2013, said a director of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).
China's central bank said on Tuesday that it will extend a preferential scheme for some banks that will free up additional funds for lending, as long as they channel money to weaker, cash-starved sectors of the economy.
Airstrikes by the US-led coalition against the Daesh Takfiri group’s positions inside Syria and Iraq have led to the possible destruction of up to $800 million of the terror group’s cash reserves, a senior US military commander says.
The United States’ dispute with China in the contested South China Sea is over access to the vast oil and gas reserves in the strategic waters, and is increasingly of “military nature,” says a political commentator.
Iran has identified more than 1,200 potential sites for gold prospecting, including a positive location discovered recently in Darreh Bidan, Yazd province, whose reserves have not yet been determined, said a senior mining official.