Tag Archives: mining

‘WE NEED CONCRETE ACTIONS, NOT GOOD THOUGHTS’: Two key ministers visit Svalbard during two-week period, but pleas for immediate help coming up short as they focus on fall plans

nybøvisit

The pleas by local political and business leaders for additional immediate help due to the crippling economic impact of the COVID-19 pandemic aren’t getting much traction, but with one top minister just completing a visit to Longyearbyen and another minister scheduled to come soon at least they’re listening as the Norwegian government assesses measures to help distressed communities this fall.

A TRILLION-KRONER MOTHER LODE? Massive deposit of gold, silver, zinc and other minerals found in seabed near Svalbard

trillionminerals

Another potential golden age of mining for Svalbard – literally – may be on the horizon as researchers have unveiled a massive deposit of precious minerals in the seabed near the archipelago that may be worth about one trillion kroner. But while a government proposal in 2018 would allow exploration and extraction of those minerals, there are numerous issues to resolve before companies and countries can hope to strike it rich.

BUILDING THE ECONOMY UP: Economic activity in Svalbard increases 11.4 percent in 2018, due largely to construction

newhomes

The past few years of economic and literal destruction in Longyearbyen due to the near elimination of mining as a cornerstone industry and existing homes due to risks caused by climate change has paved the way for a strong rebound in economic activity, as total gross income for Svalbard increased 11.4 percent in 2018 compared to 2017, Statistics Norway reported Thursday.

Keep the lights on: If Santa could bring Longyearbyen one thing for Christmas? Opening mines, safe housing top wish list

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It was a perfect symbolism for Christmas in Longyearbyen in 2017 – the locals dancing and singing as they circled the town’s official tree whose lights were dark (a seemingly laugh-it-off error that turned out to be deliberate sabotage). Because the top item on the wish list of many locals comes to down to one thing: keeping the lights going at something significant where they’re being turned off.

Random weirdness for the week of Sept. 26, 2017

navyship

Hmmm…this week we’ve got the military strutting its stuff in our non-militarized haven, the mayor worrying tourism will soon be as unpopular as mining (at a time when many local pols are rooting for boom times in both industries) and outrage in Hong Kong about the exorbitant prices of our local “super premium” Svalbarði bottled glacier water. So which to lead off with? Well, since a real newspaper would go with the item most likely to significantly affect the most people reading this (and in this case the plural reference may be overly optimistic), we’re obviously starting with the water weirdness…