The removal of international sanctions will see Iran seeking bids from international investors for developing 15 mining projects in the country, a report said.

The production of zinc to gold and iron ore have gotten a boost with the end of sanctions, added the Bloomberg report.

President Hassan Rouhani plans to visit France and Italy in November to sign development agreements on some of the projects, according to Mehdi Karbasian, deputy minister of Iran’s Ministry of Industries, Mines & Trade, said in an interview in Tehran, according to the report.

Iran’s gold production is forecast to triple from 2013 to 10,000 kg by next year, with iron ore, steel, chromite, aluminium, bauxite, copper and zinc output also growing, according to the US Geological Survey, said the report.

Karbasian added that the tenders for the development of the 15 projects should be issued within the next four months, with the first one proposed in October to build the Neekouyeh gold mine west of Tehran.

He said that Iran will not put any restrictions on the participation of international companies interested in Iran’s mining industry.

Karbasian noted that interested parties can come forward for 100 per cent ownership or enter into joint partnerships with Iran or do so with a local or international company of their choice.