Some Norwegian companies that provide technology and services to the oil industry are looking at deep sea mining as well.

Authorities said they will take any findings from the visit into account to clear any doubts about the contract among lawmakers and the population and mull appropriate changes.

On-warrant copper inventory held by the London Metal Exchange rose on Wednesday by 5.7% to the highest since September 2021.

The first project is located at the Garpenberg zinc mine and will be initiated already during 2023.

CEO Peter Steenkamp is set to retire in December 2024.

CEO Mark Bristow said the copper increase plus its gold production was to boost total production to 6.8 million gold equivalent oz. by that date.