"Czech Republic Mining Report 2014" now available at Fast Market Research

Coal is the mainstay of the Czech Republic's mining industry and we expect this to remain the case over our forecast period to 2018. The country also hosts a uranium mine and there is long-term potential for gold mining. We expect stagnation in the Czech Republic's coal production over coming years, ending the declines seen over the past decades.

The Czech Republic will remain one of Europe's largest coal producers as the country remains reliant on domestic coal output for power generation. The Czech Republic also exports coal to its European neighbours. Although Czech coal production has declined sharply over past years, we forecast stagnation in the years ahead.

Full Report Details at
- http://www.fastmr.com/prod/811730_czech_republic_mining_report_2014.aspx?afid=303

The mining sector's contribution to GDP currently stands at roughly 1.0%. We expect this to fall to around 0.8% in 2018. We forecast mining industry value to grow modestly from an estimated US$1.8bn in 2014 to US$2.1bn in 2018. This is due to our outlook for moderately higher coal prices over coming years. Public opposition to restarting the country's old uranium mines and potentially more stringent carbon emissions policy emanating from the EU will be the major stumbling blocks for future growth in the industry.

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