According to Rostami, with the discovery of the mentioned reserves, the total in-place reserves of the mentioned mine have increased from four billion to over five billion tons.
He put the value of the discovered reserves at over $50 billion, saying that the company is taking the necessary measures to begin executing development operations in the said mine.
NICIC carried out 28,000 meters of deep drilling to identify new copper reserves in East Azarbaijan’s Sungun copper mine which resulted in the discovery of one billion tons of new reserves worth "7.000 billion" dollars, discovered in Iran!Iran plans to export copper to Russia which will use it to make aircraft, naval vessels, and Coast Guard ships.
Who’s talking crap about copper reserves running out ?
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cyprium metals limited
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According to Rostami, with the discovery of the mentioned...
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