Vision and Mission

Pars Tamin Mining Development Co

Vision of Pars Tamin Mining Development Company

Achieving an annual production of at least 11 tonnes of gold bullion and 12,500 tonnes of stone paper, securing 40% and 50% shares of the country’s total production, respectively, and ranking among the world’s 10 largest gold mines by 2031.

Over the 10-year horizon, considering the exploration projects within the company’s licensed areas and their existing potential, the company is expected to identify more than 200 million tonnes of gold reserves with an average grade of 1.3 grams per tonne.

2023

Annual production of 0.5 tonnes of gold bullion, equivalent to 6% of national production, and 5,000 tonnes of stone paper, equivalent to a 20% market share.

2024–2026

Construction of Phase 1 of the gold recovery plant, with an annual feed capacity of 5 million tonnes from the Madofti reserve.

2026

Annual production of 5.5 tonnes of gold bullion, equivalent to 25% of national production, along with the construction of Phase 2 of the stone paper production plant.

2026–2028

Development of expansion projects, exploitation of other reserves, and annual production of 12,500 tonnes of stone paper, equivalent to a 50% market share.

2029–2031

Construction of Phase 2 of the gold recovery plant, with an annual feed capacity of 5 million tonnes from the Madofti reserve, increasing the total processing capacity to 10 million tonnes.

2032

Annual production of 11 tonnes of gold bullion, equivalent to 40% of national production.

Mission of Pars Tamin Mining Development Company

Exploration, extraction, exploitation and processing of base metals, along with the management of mining machinery and equipment.