Golgohar Mining and Industrials Company (Persian : شرکت معدنی و صنعتی گلگهر , romanized : Sherkat-e San'ati va Ma'dani-ye golgohar ), is an Iranian Mining company in Sirjan , Kerman , which was established in 1991.[ 2] [ 3] [ 4] [ 5] [ 6] [ 7] [ 8] [ 9] [ 10] [ 11] [ 12] [ 13] [ 14] [ 15] [ 16]
History
Golgohar Mining and Industrial Company was registered in 1991 under number 409 at the Sirjan Registration Office with an initial capital of 100 billion Iranian rials . In 1993, the company obtained its operating license. Mining operations at zone No. 1 of Gol Gohar mine began in 1994. In 2003, based on a decision made at the ordinary general assembly, the company transitioned from a private joint-stock company to a public joint-stock company . The following year, in 2004, its shares were listed on the Tehran Stock Exchange as "GOLG1".[ 17] [ 18]
Products
The company activities include two stages. The first stage is iron ore extraction from Gol Gohar mine . The second stage includes the processing of primary iron ore in its various factories into secondary products such as pellet , direct reduced iron , Iron ore concentrate , and semi-finished casting products .[ 19] [ 20] [ 21]
Sanctions
In 2020, the United States Treasury Department sanctioned Golgohar Mining and Industrials Company in order to target Iran metal industries.[ 22] [ 23] [ 24] [ 25]
See also
Notes
^ "Golgohar Mining and Industrial Company, акция обыкновенная (IRO1GOLG0001, GOLG1)" . InvestFunds.ru (in Russian). Retrieved September 30, 2024 .
^ "IMIDRO Reviews Upstream Steel Output During March 20-Oct. 21" . Financial Tribune . November 15, 2020.
^ "Iron Ore Concentrate Output at 3.8m Tons in 1 Month" . Financial Tribune . May 18, 2020.
^ "Scope for Joint Development of Mines With Oman" . Financial Tribune . December 15, 2015.
^ "Int'l Endurance Test for Domestic Steel Industry" . Financial Tribune . December 18, 2015.
^ "Formation of Water Markets Can Help Address Paucity in Kerman" . Financial Tribune . March 6, 2022.
^ "Domestic production of mining equipment saves Iran $838m in a year" . Tehran Times . May 25, 2024.
^ "Domestic production of mining equipment saves Iran $450m in 11 months" . Tehran Times . February 25, 2023.
^ "Pres. Rouhani arrives in Kerman to inaugurate projects" . Mehr News Agency . February 1, 2018.
^ "TSE index hits new record" . Mehr News Agency . August 8, 2013.
^ "Iran's annual iron ore concentrate output nears 50mn tons" . Mehr News Agency . April 13, 2021.
^ "TSE index hit 50-year record high of 102,000 points" . Mehr News Agency . June 18, 2018.
^ "Iran launches 2nd phase of water transfer from Persian Gulf" . Mehr News Agency . March 14, 2021.
^ "Persian Gulf water transfer project inaugurated" . Mehr News Agency . November 8, 2020.
^ "Iran's annual iron ore concentrate output nears 50mn tons" . Trend News Agency . April 13, 2021.
^ "Iran's Golgohar Mining and Industrial Company achieves production growth" . Trend News Agency . April 3, 2024.
^ "معرفی شرکت معدنی و صنعتی گل گهر: معرفی و پیشینه تاریخی" . Donya-e-Eqtesad (in Persian). January 29, 2019.
^ "About Us" . geg.ir .
^ "3 Kerman Mining Projects Inaugurated" . middleeastmetals.ir . February 3, 2018.
^ "GolGohar Mining and Industrial Co. established a new record this year" . miningnews.ir . October 19, 2020.
^ "1 Billion Tons Added to Iran's Iron Ore Reserves in Six Years" . eghtesadonline.com . June 30, 2021.
^ "GOLGOHAR MINING AND INDUSTRIAL COMPANY" . LURSOFT . Retrieved September 18, 2024 .
^ "Sanctions List Search" . OFAC .
^ "GOLGOHAR MINING AND INDUSTRIAL COMPANY" . Open Sanctions .
^ "Treasury Targets Iran's Billion Dollar Metals Industry and Senior Regime Officials" . U.S. Department of the Treasury . January 10, 2020.