Tag Archives: Store Norske

Holiday plans cancelled: Po Lin Lee loses planned hotel site in addition to giant Santa’s mailbox due to faulty paperwork

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To use an analogy apt for Po Lin Lee: If you mail a wish list to Santa you might not get everything on it, but if you don’t mail it you definitely won’t get anything.

A failure to send proverbial wish lists is now costing the Hong Kong native more than her gigantic Santa’s mailbox that’s facing imminent removal, as she is now being denied previous approval to build a hotel at Elvesletta. Her company Svalbard International received a permit to build the hotel in 2014 that was valid until mid-December of 2015, but property owner Store Norske now plans to offer the site to another entity.

Mining and/or tourism? Government friend and/or foe? Store Norske’s unpredictable future takes more volatile turns

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The question used to be what options, if any, were possible at Svea since coal mining was shutting down. Now the dilemma is it might be possible to have mining and other new activities already occurring – but government officials who’ve been so supportive in the past might block some or all of those options this time.

Briefs from Svalbardposten for the week of March 21, 2017

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Store Norske hoping to build 21 new housing complexes
Store Norske is hoping to ease Longyearbyen’s sudden housing shortage by building new apartment buildings in Gruvedalen in an accelerated process beginning this spring, according to company officials.

AVALANCHE UPDATE: Two avalanches block road to Mine 7; NVE sets Level Three risk level, recommends against travel

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Two avalanches on the upper side of the road up to the Mine 7 on Wednesday morning are blocking it, according to Per Nilssen, mining manager for Store Norske.

Plowing of the road is underway, according to a statement released by The Governor of Svalbard at 8:15 a.m. Nilssen told the governor’s office the mountainside will also be examined to determine the threat of additional avalanches before the road is plowed all the way to the mine.

Working out: Store Norske avoids possible strike, may possibly strike it rich by reopening mines

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Store Norske just finished shutting nearly everything down four months ago and most of the relatively few remaining workers were talking about going on strike. But the labor dispute was resolved quickly last week and a sustained rebound in coal prices is allowing the company putting together a proposal to resume operations at one or both of its two main mines next year.

A century of coal: Community celebrates Store Norske’s 100th birthday with memorial, revue, parties and more

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It’s a birthday party that began in the dark and bitter cold, with attendees remembering the most tragic moments of the past 100 years. But shortly afterward there was plenty of warm merriment, with outright ridicule still to come.

Scrappy birthday: Government proposes giving Store Norske 244M more in funding, loans to cope with debt

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It might not be the gift Store Norske wants, but it’s apparently the gift the company needs on its 100th birthday as the Norwegian government is proposing giving the company an additional 244 million kroner in funding and loans to allow the company to refinance existing debt.

Goals of the alt-white: Officials urge funding avalanche safeguards, defining Store Norske’s future in revised ‘white paper’

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Build a wall – or at least a few barriers – to prevent unwanted intrusions. Give the coal mining industry a new life. Embrace the Russians while seeking solutions for dangerous territory.

No, Svalbard likely won’t look like Donald Trump’s American, but the proposals were part of the revised “white paper” for Svalbard debated by Parliament on Tuesday. The document  outlining policy goals for Svalbard is being updated three years earlier than expected due to a coal price crisis that has shut down nearly all Norwegian operations here.

Briefs from Svalbardposten for the week of Nov. 22, 2016

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Governor rejects Store Norkse’s tourism plans for Svea
A proposal to turn the inoperative Svea coal mine into a year-round tourist destination has been rejected by The Governor of Svalbard due to the potential environmental impact of the project.

Pity party? Perhaps not, as Store Norske may have reason for hope during celebrations of its 100th birthday

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Last month the company finished shutting down almost everything and laying off almost everyone. This month – and next – the company is the cause of much celebrating.

The coal company’s 100th birthday is Nov. 30 and it’s safe to say the mood isn’t quite what many in Longyearbyen would have liked or expected before a coal price crash sent the company into an economic tailspin and near bankruptcy. But young and old alike are offering a variety of tributes to the company that until the crash was the town’s economic cornerstone.