Slovakia’s mining sector is small by global standards, with coal and gold the only mined resources in the country.

Slovakia possesses various natural resources, including brown coal (lignite), magnesite, iron ore, copper, and manganese ore. However, the mining sector has not been a significant contributor to mineral production in recent years.

Commercial coal extraction will halt in 2023, as the removal of production subsidies and the closure of coal-fired generation plants renders domestic production unviable.

Gold mining is another aspect of Slovakia’s mining sector. Although it is not extensively covered in the provided search results, there are indications of positive drilling results that support the prospects for the resumption of commercial gold mining. The prospects for the resumption of commercial gold mining are supported by positive results from drilling programmes at Metalstech’s wholly-owned Šturec Gold Mine.