This article summarizes the scientific discussion on the environmental costs of mining companies. Reducing environmental pollution in mining companies is focused on three strategies. The raw material intensity decrease is the first strategy. The second strategy is orientated to changes in the production of environmental products. The third strategy is directed at the consumption of products and liquidation after their lifetime. The priority goal of this paper was to demonstrate the development of environmental costs after the implementation of cyclone separators focusing on the expenses in the field of water management. Methods of research were focused on using index analysis and structure analysis. Base index and chain index were used in the analysis of the index. The object of the article was the mining company focused on mining limestone in Slovakia. The priority problem is the dust of the mining process. The research brings new solving a cyclone separator in the mining process for reducing dust. The goal "Operational Program Environment" is to invest in the water sector, creating mining companies' problems. Mining companies use water resources for their mining activities. The results of the study show decreasing in environmental costs. Water and sewerage fees eliminate by 11.1 %, air pollution charges by 11.5 %, disposal fees by about 5.2 %, and towing the sump by 1.5 %. The purpose of the mining company is to address environmental costs as a priority issue related to environmental protection. Competitive advantage for the mining industry introduces efficient and acceptable solutions - innovations.
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