About ROVAMINE
Madan Karan Pishbord Novin Afra (Private Joint Stock)
Madan Karan Pishbord Novin Afra (Private Joint Stock) was established in August 2019 to consolidate the specialized activities of a group of elite and experienced professionals in the mining sector. From its inception, the company formed a specialized R&D core to conduct extensive feasibility studies aimed at gathering comprehensive data on mines, particularly decorative building stone mines. Through this approach and with the collaboration of a valuable network of industry professionals—including operators, miners, contractors, stone processing facilities, and both domestic and international factories, as well as the academic community active in this sector—ROVAMINE has made significant strides toward organizing a specialized company in this field. Today, with ownership of three granite mining operation licenses in South Khorasan Province, ROVAMINE is advancing the expansion of this specialized enterprise. With the ongoing development of specialized activities at Madan Karan Pishbord Novin Afra (Private Joint Stock), we are hopeful to swiftly move toward completing our product portfolio and expanding our modern, professional mining activities.
Establishment of Madan Karan Pishbord Novin Afra (Private Joint Stock)
Contracting for the extraction of Khoy Cream Marble in West Azerbaijan Province
Optimization and expansion of activities with the addition of new investors
Entry into mine operations with the acquisition of the first granite mining license (Gazik Mine located in Gazik, South Khorasan Province)
Investment in the acquisition of modern mining machinery, with an allocation of over 1,500 billion IRR
Acquisition of the second granite mining license (Sefid Kouh Mine located in Nehbandan, South Khorasan Province)
Entry into the export market with cut stone blocks to various countries, including Italy and China
Acquisition of the third granite mining license (Bam Gazik Mine located in Gazik, South Khorasan Province)
Additional investment in machinery and equipment with an allocation of over 700 billion IRR
With all our talent and resources, we are committed to achieving the following goals by 2031, so that by realizing them, we can:
- Be one of the top three stone exporters to the Commonwealth of Independent States (CIS) region.
- Be one of the top three granite exporters to the Gulf Cooperation Council (GCC) countries in the Gulf region.
- Be one of the top ten granite exporters to East and Southeast Asian countries, especially China and India.
- Hold a leading position in the domestic market as the top granite exporter and largest granite producer in the country.
- Maintain an active presence in the capital market (Stock Exchange) under the exclusive symbol of Madan Karan Pishbord Novin Afra.
