Company profileUnlisted

Zarshouran Gold Company

Zarshouran Gold Mine and Mineral Industries Development Company is an IMIDRO subsidiary operating the Zarshouran gold mine near Takab in West Azerbaijan Province, Iran. The asset is described as Iran’s largest gold mine and had reported output above 100 kilograms of gold per month in 2023, supported by bullion-processing and tailings-management infrastructure. Current production, reserve conversion and the status of expansion plans require updated confirmation.

ListingUnlisted
ExportMedium
VerificationNeeds Update
ConfidenceMedium
Updated28/06/2026
Market Role

Market position

Zarshouran is described as Iran’s largest gold mine and, in the cited reporting, the largest in the Middle East. Its processing unit began operating in November 2014 and was described at that time as Iran’s largest producer of gold bullion. Monthly gold output exceeded 100 kilograms in 2023, placing the asset among the more consequential sources of domestic bullion supply.

OPERATING PROFILE

Operations & footprint

Products and services

Zarshouran Gold Company is associated with gold mining, gold ore extraction, processing, bullion production, mine development, mineral processing, and related contractor activity around the Zarshouran deposit near Takab. Its operations are linked to precious-metals supply, gold-market exposure, environmental management, and mineral-sector investment in northwest Iran.

Operations and assets

The Zarshouran mine is located about 35 kilometres from Takab at an average elevation of 2,350 metres. 2019 figures included 108 tonnes of proven gold reserves, 116 tonnes of extractable gold resources, 43 million tonnes of proven gold ore deposits and 50 tonnes of silver alongside gold reserves. A tailings dam inaugurated in December 2022 was reported to have 20 million cubic metres of capacity across 50 hectares for tailings deposition and mine-wastewater processing.

Geographic footprint

Operations are centred on the Zarshouran gold mine near Takab, West Azerbaijan Province, Iran.

CORPORATE STRUCTURE

Ownership & group structure

Ownership

As a subsidiary of the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) in 2023.

Parent company

Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).

Investor Lens

Commercial and investment relevance

Zarshouran is relevant for investors assessing Iran's gold-mining capacity, precious-metals exposure, hard-asset demand, mining-project risk, and environmental constraints. It can support analysis of gold supply, contractor opportunities, processing-technology needs, regional employment, and the link between currency instability and domestic gold demand. Due diligence should verify current ownership, operator status, production continuity, processing recovery, tailings and cyanide-management risks, permitting, local community issues, and any state-linked disclosure or reporting obligations. The company is relevant to buyers and suppliers serving Iranian gold mining because its core requirements span ore processing, bullion production and tailings and wastewater handling. The 2022 tailings dam adds a substantial environmental-management asset, while earlier development procurement contemplated a plant capable of processing 600,000 tonnes of primary crushed ore annually. The present status of that development work is not established by the available evidence.

DECISION RISKS

Constraints, risk & compliance

Key risks and constraints

Operational assessment should account for tailings deposition and mine-wastewater management at a large gold operation. Reserve, resource, output and mine-life figures relate to specific periods and should not be treated as current without updated technical and operating disclosures. The evidence does not establish the current status, timing or outcome of plans intended to increase production.

Sanctions and compliance considerations

The company is reported to be a subsidiary of IMIDRO, a state-linked Iranian mining organization. Counterparties should conduct transaction-specific sanctions, ownership, export-control and financial-institution due diligence; the available evidence does not establish a compliance determination.

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Common questions

Frequently asked questions

Direct answers to the questions most likely to arise when reviewing this profile.

Who owns Zarshouran Gold Mine and Mineral Industries Development Company?

The company was reported as a subsidiary of IMIDRO, the Iranian Mines and Mining Industries Development and Renovation Organization, in 2023.

Where is the Zarshouran gold mine located?

The mine is about 35 kilometres from Takab in West Azerbaijan Province, Iran, at a reported average elevation of 2,350 metres.

What production has Zarshouran reported?

Reporting from 2023 stated that monthly gold output exceeded 100 kilograms, or more than one metric ton annually. This is a reported output figure rather than a current production forecast.

What environmental infrastructure serves the Zarshouran mine?

A tailings dam inaugurated in December 2022 was reported to hold 20 million cubic metres and cover 50 hectares for tailings deposition and mine-wastewater processing.