Spectator on facebook

Spectator on facebook

Canadian firm to renew gold mining in Kremnica

Canadian company Tournigan Gold Corporation (TGC) based in Vancouver plans to renew gold mining around Kremnica. Over the next three years, the firm will decide based on geological research and the movement of world gold prices whether to run a business in Kremnica.

TGC has acquired Kremnica Gold, owned by Canadian company Argosy Mining Corp for about Sk14 million (€330,000). The deal has brought potential gold deposits with estimated yield of over 1 million ounces of gold to TGC.

Head of Tournigan Hein Polus refused to specify how much money he would invest in Slovakia before the geologists evaluate the deposits.

Gold mining has a long tradition in the Kremnica region. Mining started here already in 1300 and was maintained until 1971. The mining activities finally ceased in the 1990s.

Compiled by Beata Balogová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

Crematorium in Bratislava is an architectural revelation Photo

Those who have experienced farewells in other crematoria know what makes it special. Now the best work by the architect Ferdinand Milučký is getting a monograph

Crematorium in Bratislava by architect Ferdinand Milučký

What kind of expectations do some Slovaks have for world leaders?

Among EU member states, opinions of the United States declined in all but two — Poland (which makes some sense) and Slovakia (which does not).

Donald Trump

Crates and boxes. Slovaks discover new ways of grocery shopping

Farmer’s boxes are gaining customers in Slovakia as people slowly become more conscious about quality and the origin of the food they eat.

Foreigners: Top 10 events in Bratislava Video

Tips for the top 10 events in the capital between January 19 and January 28, plus regular services in different languages, training, temporary exhibitions and highlights of the year.

Scandi 4