Kurdistan Gold Mining Development Company was established in 2013 as a private joint-stock company with a registered capital of one billion rials. It operates under the auspices of Sadr Tamin Holding, a subsidiary of the Social Security Investment Company (Shasta), and is one of the specialized companies in the field of metal industries. In line with the vision of the Social Security Investment Company (Shasta), a new direction was set for Sadr Tamin Holding, focusing on entering the metallic and non-metallic mineral industries. The mining industry, alongside petrochemicals, is considered one of the country's strategic industries. Given Iran's comparative advantage and significant reserves, this industry is among the leading and pioneering sectors in the national economy.