Just Published: "Slovakia Mining Report 2015"

From: Fast Market Research, Inc.
Published: Wed Apr 22 2015

Slovakia's mining industry is small relative to most other European markets. It is expected to remain as such through to the end of our 2015-2019 forecast period , with lignite prod uction continuing to dominate overall output. Growth during this period will be undermined by the weakness in global commodity prices, which threaten to delay existing projects . H owever, we note longer-term growth potential in certain sub-sector s including gold and possibly uranium.

Slovakia's mining sector is currently one of the smallest in Europe, dwarfed by those of its Central and Eastern European neighbours, namely the Czech Republic, Poland and Austria. In local terms, the market is also negligible in size, accounting for just 0.3% of GDP in terms of its overall value or about USD270mn. Despite its limited stature, there is, however, relatively strong long-term potential for Slovakian mining. While mining of brown coal or lignite currently dominates mining expenditure and employment, the country's gold mining sector holds considerable promise. Sizeable reserves have attracted the attention of a number of international investors, including Cyprus-based EMED Mining and Canadian company Tournigan Gold, with recent exploration returning promising results in terms of grades and reserves.

Full Report Details at
- http://www.fastmr.com/prod/980288_slovakia_mining_report_2015.aspx?afid=301

Elsewhere, there is also potential for development of the country's fledgling uranium sector. Indeed, January 2015 saw Australia-based Forte Energy raise its JORC-compliant resources by 70% on the back of a 6mn pound uplift of the company's Kuriskova and Novoveska Huta deposits in which it holds a 50% stake alongside Canada's European Uranium. However, we note that the ability of foreign investors to exploit the country's sizeable uranium deposits will be hampered by recently legislation banning the mining of radioactive material without the permission of local communities by way of referendum.

The biggest challenge to the expansion of the Slovakian mining market over...

The Slovakia Mining Report has been researched at source and features BMI Research's mining and commodity forecasts for metals, minerals and gems, covering all major indicators including reserves, production, exports and values. The report also analyses trends and prospects, national and multinational companies and changes in the regulatory environment.

BMI's Slovakia Mining Report provides industry strategists, service companies, company analysts and consultants, government departments, trade associations and regulatory bodies with BMI's independent forecasts and competitive intelligence on the mining industry in Slovakia.

Key Benefits

* Use BMI's independent industry forecasts on Slovakia to test other views - a key input for successful budgeting and planning in this mining market.

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Contact Name: Bill Thompson
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