According to the International Iranian Stone Exhibition, examining the causes of weakness and success of companies involved in various activities related to mining and mining is one of the things that can help the growth of mining in the country. In this report, Samat sat down with Vahid Saebofar, a member of the board of directors of the Tehran Mining Engineering Organization, and tried to examine various factors in the business and economic success of mining companies.

In your opinion, what is the factor of economic success of mining companies?

Due to limited financial resources, private companies involved in exploration and extraction should be economically viable in all aspects of their work, because any factor that weakens their success is considered negative and deterrent and will ultimately cause them damage. . Mining and mining has a hierarchy that starts from identification and exploration and continues to the mining industry and the production of various upstream and downstream mineral products. Once a person finds a range that he or she considers to have mineral capacity, he or she can, according to the rules, record that range depending on the type of mineral. In the next step, to determine the quantity and quality of the mineral, a series of exploratory works should be performed, which include various geological, geochemical, geophysical studies, types of excavations, taking and analyzing different samples, and various geological and exploratory interpretations. In Iran, these costs for metal mines start from at least three hundred million tomans and depending on the type of mineral and its surface and depth expansion may reach several billion tomans. In the meantime, most Iranian private companies active in mining are considered as a small mining company in terms of investment volume and type of activity according to international definitions. In the meantime, the activities of mining companies are overshadowed by two main factors, extra-organizational and intra-organizational.

What can be mentioned in the study of external factors?

Externalization factors include economic, political, social and cultural conditions and government laws and regulations governing the country. External factors affecting the work and activities of mining companies are often related to government or government-affiliated institutions. Among them, we can mention the factors related to the Ministry of Industry, Mines, Trade, factors related to other government institutions, investment insurance fund and banks and financial-credit institutions, the Mining Engineering Organization, the Ministry of Economic Affairs and Finance and the Social Security Organization. . Regarding the factors related to the Ministry of Industry, Mines, Trade, such as the excessive process of obtaining exploration licenses due to the need to inquire about the status of the requested area from other government agencies and the time required to obtain answers to inquiries, lack of time to carry out exploration work according to Exploration plan due to issues such as government and local opposition or difficult weather conditions or lack of funding, the extension of the license to extend the exploration license due to the need to obtain a license from the relevant provincial organization from the Ministry in Tehran and ... mentioned.

What is the reason for the poor performance of mining companies in trade according to internalization factors?

Intra-organizational factors depend on the mechanism and type of performance of individuals and components within the company itself. Mining companies can not play a major role in controlling or directing external factors, but their internal factors can be controlled and can be managed. The most important factor controlling internal organizational factors is the behavior and temperament of the CEO. The CEO, as the pillar, foundation and axis of a mining company, on the one hand, can improve the company's position with its correct performance, and on the other hand, by managing irrational and emotional tastes and decisions, degrade the company's position and destroy it in a very short period of time. 

What do you suggest for the development of mining companies?

Considering the sum of external and internal factors, many factors can be considered effective in weakening the success of many mining companies. External factors are not under the control of the mining company and the only way out of the difficulties and problems arising from these factors can be to follow the set of laws, instructions and government regulations and also pay various related costs such as land rights, government rights, rangeland rights, taxes, insurance. And ... knew and should try in all stages of mining activities, all matters to be done with the coordination and supervision and approval of government organizations and institutions. But on the other hand, many internal factors can be controlled, and by observing the set of items provided in the commercial law for how and how companies operate, most of the internal factors can be controlled. One of the formal mechanisms controlling the performance of companies is the use of a statutory auditor and in some cases an auditor so that the company's shareholders can be aware of the financial performance and, God forbid, the managers' misuse of the company's budget and credits. It is suggested that each specialized mining company, in addition to the statutory auditor controlling the accuracy of the company's financial performance, also have a technical inspector so that investors can control the technical performance of the company and not leave everything to the CEO. The CEO may have major technical errors that could cause losses to shareholders. This technical inspector must have sufficient knowledge of all technical aspects of the work.