Mining map of Hungary May 2010

Here is the latest mining map from Hungary, including different types of mining plots and explorations. Although the information is freely available from the mining authority, it may be rather cumbersome to correctly view it with labels, especially in English.

Polish privatization MARMUR Sławniowice in Marble and Stone

MARMUR Sławniowice is a company specialising in the mining of dolomitic marble and the production of stone components for interior decoration, produced based on the company’s own raw materials.The company’s business activity is quarrying of ornamental and building stone, quarrying of limestone, gypsum, chalk and slate; cutting, shaping and finishing of ornamental and building stone; collection, purification and distribution of water. The company’s products are made of two types of marble – golden marble and grey-blue marble.

Marble items produced by the company are used to decorate numerous facilities home and abroad, such as the Polish Parliament building, the Office of the Council of Ministers, Rotunda building holding the Panorama of the Battle of Racławice, Copenhagen Royal Castle (Denmark), Polish Mother's Memorial Hospital-Research Institute, the Grand Theatre in Warsaw, and the International Airport in Balice.

The bidders will place their bids orally. Entities interested in the purchase of the Shares may purchase the “Company Memorandum” till 18 March 2010. Auction applications should be submitted by 18 March 2010.
The auction will commence on 22 March 2010 at 12:00.

Natural Gas Exploration Abandoned, Result May Help Geothermia

Hungary is one of the heaviest users of natural gas. Most of this gas is imported one way or another from Russia, but the country still has formidable domestic resources. A new field was found near Makó (by the Serbian border) a few years ago. The gas turned out to be extremely difficult to exploit with the current mining technologies, because the Budapest-based MOL and the American ExxonMobil, who have hired the Canadian specialist firm Falcon for the research have given up according to the news of Inforádió, Hungary.

The old natural mines of Hungary are attracting a different kind of industry. The old wells are very cost-efficient means to look for thermal water, and the old mining data may be used and exploited with some skills to find ideal locations for geothermic applications.

Our company has spent a lot of time to locate and clarify the legal status of such archive data, and also to exploit their information in a meaningful way. Some results will be published soon, the other will be available for our customers only.

Film Archive: Janowa Basalt Quarry

Janowa Dolina was a model settlement for workers of the Polish State Basalt Quarry in the 1920s and 1930s. As a proud example of the Second Republics modernization efforts it entered the newsreels of the time and came out on the Hungarian Filmhiradok Online in 2009. The settlement on the Czech border became the tragic scene of a mass murder within the Nazi Germany.

The text reads: How they make the cobbles? The Janowa Basalt Quarry in Poland produces the durable cobbles with an interesting and quick new procedure.

Polish Privatization: A Power Generation Plant with Mines

The following power generation unit and accompanying mines are for sale in Poland.
The core business activity of KWB Adamów and KWB Konin is lignite and extraction of accompanying minerals. The core business activity of ZE PAK is energy and heat generation. ZE PAK SA delivers about 8.5 per cent of all electricity generated in Poland and is the second largest producer of electricity obtained from brown coal in this country. Its total installed generating capacity is 2512 MW. Its main power stations were built between 1958 and 1974, four generating units were refurbished recently and a new one added in 2007.

The total sales of ZE PAK was 11 529 053 165 MWh electricity and 2 216 082 GJ thermal energy in 2007 and its net profit was €10,812,872 or $14,819,524 (at 2010 exchange rates).

The joint price of the shares and the development conception of the investor shall be part of the negotiations. The deadline for submission of written responses is 15 March 2010 at 12:00 Warsaw Time.