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Hereof, how does a non magnetic compass work?
It is a non-magnetic compass that finds true north by using an (electrically powered) fast-spinning wheel and friction forces in order to exploit the rotation of the Earth.
Beside above, what is the difference between magnetic and gyro compass?
Its magnetized needle aligns itself with the horizontal component of the Earth's magnetic field. It is based on a fast-spinning disc and the rotation of the Earth. It is used to find the geographical direction automatically. A gyroscope is an important component of a gyrocompass.
Essentially a compass is a light weight magnet, generally a magnetized needle, on a free rotating pivot. This allows the needle to better react to nearby magnetic fields. Since opposites attract the southern pole of the needle is attracted to the Earth's natural magnetic north pole.