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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.
About Post Author
I'm a professional transient living on a tiny Norwegian island next door to the North Pole, where once a week (or thereabouts) I pollute our extreme and pristine environment with paper fishwrappers decorated with seemingly random letters that would cause a thousand monkeys with a thousand typewriters to die of humiliation. Such is the wisdom one acquires after more than 25 years in the world's second-least-respected occupation, much of it roaming the seven continents in search of jazz, unrecognizable street food and escorts I f****d with by insisting they give me the platonic tours of their cities promised in their ads. But it turns out this tiny group of islands known as Svalbard is my True Love and, generous contributions from you willing, I'll keep littering until they dig my body out when my climate-change-deformed apartment collapses or they exile my penniless ass because I'm not even worthy of washing your dirty dishes.