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Gold in Spitsbergen

Store Norske Gull (SNG), daughter of the mining company Store Norske Spitsbergen Kullkompani, has collected rock samples along the west coast of Spitsbergen, between Kongsfjord and St. Jonsfjord, hoping to find gold occurrences of economical value for potential future mining.

SNG had already investigated deposits north of Kongsfjord in 2003, but the exploration was stopped in 2004 on a political level: the vicinity to both the Northwest Spitsbergen National Park and the research facilities in Ny Ålesund made commercial drilling and potential activities on an industrial level undesirable. 

St. Jonsfjord at the west coast of Spitsbergen, between Isfjord and Kongsfjord. The area may have economically valuable gold deposits.

Gold in Spitsbergen

Source: Svalbardposten

last modification: 2014-07-01 · copyright: Rolf Stange