News

Back

The state neglects the constitutional obligations concerning mineral wealth protection

Bratislava, April 9, 2021 - Legislative protection of mineral wealth is insufficient. The Slovak Republic, as its owner, does not care to get the most out of mining fees, such as gold or silver. The current model in Slovakia is advantageous especially for mining companies, which abuse the ambiguity of legislation and thus pay to the state minimum fees. For example, if the Czech model of fee calculation was applied, mining companies would pay up to fifty times more for gold mining.

Based on the results of the audit, the Supreme Audit Office of the Slovak Republic (SAO) draws the attention of Members of the National Council of the Slovak Republic to the need to change legislation so that mineral wealth, groundwater and natural healing springs are effectively protected not only for current but mostly for the future generations. "The current legal model corresponds to the perception of the value of mineral wealth in the settings of the last century. Precious metals, healing springs and groundwater are one of the most valuable assets of the whole Slovak society. That is why the national authority for external audit encourages the Parliament to change its legislation. The current situation suits only a very narrow group of the chosen and we must prevent this", states the Vice-president of the Office Mr. Ľubomír Andrassy on the basis of the audit conclusions.

 

The full text of the press release about this issue in Slovak language is available here. Use the Google icon in the top bar for automatic translation.