TEHRAN- There are more than 15,000 mining machines, which are over 20 years old, in the fleet of mining industries of the country, which need renovation and replacement, according to the deputy, industry, mining and trade minister for mines and mining industries.

Reza Mohtashami said some of these machines can be renovated, but the rest should be

TEHRAN- The value of Iran’s export to Kazakhstan fell 12 percent in the first quarter of the current Iranian calendar year (March 21-June 21), from the first quarter of the previous year, the spokesman of Islamic Republic of Iran Customs Administration (IRICA) announced.

Ruhollah Latifi said that Iran exported commodities worth $34 million to

TEHRAN- During the past Iranian calendar week (ended on Friday), 2,133,115 million tons of commodities worth $459 million were traded at Iran Mercantile Exchange (IME).

As reported by the IME’s Public Relations and International Affairs Department, the exchange traded on its metals and minerals trading floor 1.768 million tons of commodities valued

TEHRAN - A professor of government at Georgetown University in Qatar says both Iranian and U.S. negotiating teams are under extreme pressure to extract more concessions.

“both sides are trying to extract the most concessions but the Iranian and the American negotiating teams are under extreme political pressure at home and they have to deliver on a