Dozens trapped, two killed in Iranian coal mine explosion

Two coal miners have died and more than 50 remain trapped after an explosion in a mine located in Iran’s northern Golestan province. Speaking to Press TV, the English-language arm of Iranian state television, the head of the provincial Red Crescent, Hossein Ahmadi, said there were 26 people trapped. Sadegh Ali Moghadam, the provincial director general[…]

‘Trump effect’ on resurgent Iranian mining sector close to none — analysts

The government of US President-elect Donald Trump will have no significant impact on foreign investments into Iran’s mining sector, as any re-instatement of sanctions will, if at all, pose minimal additional hurdles to entrepreneurs, according to analysts. In a note Monday, BMI researchers say they rather see other factors, such as domestic operational challenges and[…]