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ECONOMY

Discover Iran: South Khorasan as Iran’s new mining heartland with mineral riches

South Khorasan in eastern Iran is transforming through mining, with Tabas and Nehbandan leading lithium, coal, and gold extraction, emphasizing value-added processing and sustainable development.

minerals-discover-iran

ECONOMY

Gold output at Iran’s largest mine up 31% y/y in Apr-Oct

Gold production in Zarshouran Gold Mine rose to 692 kg in the seven months to late October.

zarshouran mine

BUSINESS

Gold slips more than 1% on stronger dollar

The price of gold drops slightly on stronger dollar as market awaits US jobs data.

gold bars

PERSIAN GULF

Calls grow for ban on arms sales to UAE over role in Sudan massacres

Calls mount in the US and Britain for a ban on weapons exports to the United Arab Emirates over the Persian Gulf country’s military support for a militia group involved in mass killings in Sudan’s Darfur region.

Sudan

BUSINESS

Gold extends record run past $4,200

Gold prices break a historic record of $4,200 per ounce.

gold bar

ECONOMY

Iran’s stock market rebounds amid fall in gold, currency prices

Iran’s local stock market recoups losses suffered in summer after Israeli aggression.

tehran stock exchange

ECONOMY

Iran currency surges on positive news from Iran-US talks

Iran’s currency rial recoups losses after positive reports came out of indirect talks with US in Oman.

rial dollar notes