The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) plans to carry out 34 mining projects by mid-March 2017, a senior industrial official said in a report.

The projects will be completed at a cost of $7.2 billion, Mehdi Karbasian, deputy trade minister and head of IMIDRO, was quoted as saying in an Iran Daily News report, citing IRNA.

He said that IMIDRO has successfully finished 14 projects left incomplete from the previous administration with an investment of $1.3 billion.

Karbasian further noted that IMIDRO is working on 16 projects which it undertook over the past two and a half years.