Trends in the forecast of the world prices for selected metals and their influence on the exploitation of the Slovak raw mineral base

• Main Author: Slavkovský Jozef
• Format: Article
• Language: English
• Published: Technical University of Kosice 2000-06-01
• Series: Acta Montanistica Slovaca
• Subjects: ore deposits; Slovakia; world prices of metals production; antimony; aluminium; copper; silver; gold; iron
• Online Access: http://actamont.tuke.sk/pdf/2000/n2/7slavkovsky.pdf

In this paper is given a basic information about the situation in the ore raw material base of the Slovak republic, after its transition to the market economy in the years 1990 1994. By dumping the ore mining, a decrease in the ore production, especially their sortiment, also started. Therefore only two ore mines Niná Slaná (Fe ores) and Banská Hodrua (Au ores) are in operation in Slovakia at present time. The rest of Slovak ores are economically not viable after present criteria. Besides the evaluation of balanced and unbalanced ore deposits, and the deposit´s parameters, the knowledge about trends of world ores and metal prices are very important. From this point of view, ores and metals which have a great importance (Fe, Al, Cu, Sb, Ag, Au) for Slovakia are discussed. The obtained results have a prognostic character and they should be considered at the utilisation of own mineral base, as well as when buying mineral raw materials from abroad. In both cases the information about trends of world prices of raw materials play an important role.