Spectator on facebook

Spectator on facebook

Austrian firm to open talc mine in Gemerská Poloma in Košice region

One of the world's largest talc deposits has been discovered near Gemerská Poloma in Košice region, the daily Hospodárske Noviny reported on October 3. "The deposit in Slovakia is most likely the third largest in the world, right after deposits in Pakistan and India," the daily reported, quoting Robert Schmid, director of Schmid Industrieholding and owner of the Austrian VSK Mining company, which financed the exploratory drilling.

One of the world's largest talc deposits has been discovered near Gemerská Poloma in Košice region, the daily Hospodárske Noviny reported on October 3.

"The deposit in Slovakia is most likely the third largest in the world, right after deposits in Pakistan and India," the daily reported, quoting Robert Schmid, director of Schmid Industrieholding and owner of the Austrian VSK Mining company, which financed the exploratory drilling.

VSK Mining, which is seeking a 20-percent share of the world's talc market, is expected to create around 100 new jobs in its talc mine and related processing plant. Building of the talc mine and processing plant will require an investment of about €20 million. The operation is expected to be launched in 2014.

Talc is the softest mineral known to man and has a wide range of industrial and personal care uses.

Source: Hospodárske Noviny

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

Top stories

Slovakia threatened with returning funds for dual education

The system is still not running as it should, and if the country fails to meet goals, it may be asked to pay back the money allocated from EU coffers.

Trams will test renewed tram track in downtown Bratislava on Friday

Originally, the tram track should have been put back in operation on November 15

Top 3 news from Last Week in Slovakia Video

EMA will not relocate to Slovakia - Job ads will have to state actual payrates - Trnava factory to produce electric cars

PSA plant in Tranva.

Job ads should inform about basic salary

One of the proposal’s authors from the Smer coalition voted in May against a similar proposal authored by opposition deputies

The shortage of workforce is a growing problem for entrepreneurs.