Companies are raring to explore the Arctic seabed off Norway, which could become the first country in Europe to allow ...

A handful of firms are waiting for Norway to issue the first deep sea mining licenses. File photo of deep-sea mining protestors. Photo by Kenzo Tribouillard/ AFP Companies are raring to explore the ...

Bergen, Norway, 03 April 2025 – Norwegian deep sea mining company, Loke Marine Minerals, owner of UK deep sea mining company, UK Seabed Resources (UKSR), has declared bankruptcy. Loke had dreams of ...

The industry has already suffered a false start. Norway's parliament had voted massively in favour of deep-sea mining, experts had concluded there were significant resources to be extracted ...

Companies are raring to explore the Arctic seabed off Norway, which could become the first country in Europe to allow deep-sea mining -- much to the dismay of environmentalists. The industry has ...