Iran Discovers Major Gold Deposit at Shadan Mine, Boosting National Reserves

Iran has announced a significant discovery of a major gold deposit at the Shadan mine in South Khorasan, substantially boosting the country’s proven gold reserves. The newly identified vein contains an estimated 7.95 million tonnes of oxide gold ore and 53.1 million tonnes of sulphide gold ore, marking one of the most promising mineral finds in recent years.

This discovery is expected to have a notable impact on Iran’s economy, providing a valuable source of revenue amid ongoing international sanctions and rising inflation. With 15 operational gold mines across the country, the Shadan mine further underscores Iran’s increasing focus on harnessing its mineral resources to strengthen economic resilience and support industrial and financial growth.

Experts believe that the exploitation of this deposit could attract domestic and regional investment in mining infrastructure, create job opportunities, and enhance Iran’s position as a key player in the global precious metals market. The find reflects the country’s commitment to leveraging natural resources to mitigate economic challenges and build long-term economic stability.