The geologists believe the ground in Northern Norway can hide vast resources. The Norwegian Government is positive towards increased exploration.
- The level of geophysical prospecting in Norway is very low compared to our neighboring countries Sweden and Finland, says Karsten Sandvik in Northern Research Institute, according to newspaper Finnmarken. Sweden and Finland have spent ten times as much as Norway on mineral exploration in course of the last ten years, he says.
The iron ore deposits outside Kirkenes are exploited by the Sydvaranger Mine Company.