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Gohar Zamin Iron Ore Company Public Joint Stock (Iran)

Main Activities: Iron Ore Mining
Full name: Gohar Zamin Iron Ore Company Public Joint Stock Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The Main Activity Of The Company is Exploration, extraction and exploitation of iron ore mines and production of concentrate, pellets and steel from it Installation, repair, maintenance, inspection, service of equipment and machinery required by the company.
Purchase and supply of all kinds of machinery and equipment and facilities and materials needed to carry out the company s subject.
Performing engineering services, consulting, training, management and providing technical knowledge from inside or outside To realize the theme of the company.
Participation and investment in other companies and mining and industrial projects, concluding contracting contracts in order to provide technical and engineering services
Take care of all business matters such as buying and selling, exporting and importing and all matters and operations that are directly or indirectly necessary to implement the subject of the company.
The Company was established as a Private Joint stock Company under registration number in Sirjan city 1735 on 16 February 2005.
The Company officially started its activity on 22 December 2015 .
The Company changed its legal form to be a Public Joint stock Company on 28 October 2018.
The Company listed in Iran Fara Bourse Second Market on 3 November 2018 .
Mission, Vision and Goals:
Preparation, equipping and exploitation of Iron Ore No 3 anomalies for the extraction of 15 million tons of iron ore and 60 million tons of waste annually for a total of 75 million tons of mining operations
Production of 10 million tons of iron ore concentrate
Production of 10 million tons of pellets
In order to achieve the goals, the following achievements have been achieved in order to develop economies and employment at the national level:
Preparation and equipping iron ore anomaly No. 3
Construction of its crushing (sinking) facility with a capacity of 15 million tons per year
Construction of two concentrate lines totaling 4 million tons per year
A pellet line with a capacity of 5 million tons per year is under construction
Three concentrate lines are being built at a capacity of 2 million tons per year
Mining Operation
Gol Gohar Mining Zone is one of the most prominent industrial mines in the Middle East, which has many capabilities to become a large and competitive region in Iran and even the world. These mineral deposits are located in Kerman province and 50 km southwest of Sirjan city. Existing works and excavations at the site of the “Ore deposit” indicate that this deposit has been identified and exploited in the past century. The approximate age of an old slag from Geghayr ore has been estimated to be around 900 years. In the contemporary period, the exploration and prospecting of the Gol Gohar iron ore project was started by Iran Private Limited Company in 1348 and then, with the cooperation of the Japanese company “Marubani”, was transferred to the National Steel Company of Iran in 1353. Gol Gohar iron ore deposit is located in 6 separate anomalies with a reserve of about 1200 million tons in a range of approximately 10 kilometers and a width of approximately 4 kilometers. The exploitation of mineral aggregate No. 1 belongs to Gol Gohar Mining and Industrial Co., a large part of it has been extracted

Legal Address
African Boulevard - West Arash Boulevard, No. 12 - Floor 4
Tehran; Tehran; Postal Code: 1917744358

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Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2005
Key Executives
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Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Chief Executive Officer
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Chief Financial Officer
Ownership Details
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26.26%
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19.16%
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17.12%
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2.39%
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1.82%
Company Performance
Financial values in the chart are available after Gohar Zamin Iron Ore Company Public Joint Stock report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency IRR. Absolute financial data is included in the purchased report.
Net sales revenue
25.34%
Total operating revenue
23.63%
Operating profit (EBIT)
13.18%
EBITDA
7.56%
Net Profit (Loss) for the Period
12.06%
Total assets
42.85%
Total equity
60.15%
Operating Profit Margin (ROS)
-4%
Net Profit Margin
-4.02%
Return on Equity (ROE)
-27.69%
Debt to Equity Ratio
16.77%
Quick Ratio
-0.25%
Cash Ratio
-0.07%

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