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Nordic Mining
Nordic Mining ASA is a Mining, mining company in Norway. Focussing on exploration and production of industrial minerals and metals, the company is primarily involved in rutile, quartz, and lithium. The company's Share (finance), shares are List of companies listed on Oslo Axess, listed on Oslo Axess. History Originally an integrated part of Norwegian petroleum company Rocksource, Rocksource ASA, today's Nordic Mining ASA was de-merged and established as an independent Allmennaksjeselskap, public limited company on 23 February 2006, and received Rocksource ASA's assets and liabilities related to metals and minerals. In September 2006, Nordic Mining ASA also acquired claims to the Engebø mine, Engebøfjell rutile deposit from ConocoPhillips, ConocoPhillips Investments Norge AS. In the Arctic Environmental Responsibility Index (AERI) Nordic Mining is ranked no. 42 out of 120 oil, gas, and mining companies involved in resource extraction north of the Arctic Circle.Overland, I., Bour ...
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Allmennaksjeselskap
''Aksjeselskap'' is the Norwegian term for a stock-based company. It is usually abbreviated AS, historically often written as A/S. An AS is always a limited company, i.e. the owners cannot be held liable for any debt beyond the stock capital. Public companies are called Allmennaksjeselskap (ASA), while companies without limited liability are called '' Ansvarlig selskap'' (ANS). All AS companies must have a stock capital of at least NOK 30,000. In addition, they must have a board of directors, depending on the size of turnover, balance sheet total or number of employees, an auditor. They may appoint a managing director (MD) or chief executive (CEO). If the company has assets exceeding NOK 3 million, the board must have at least three members and cannot be chaired by the MD/CEO. Practically all Norwegian companies have a fiscal year from January to December, but some foreign subsidiaries may have a different fiscal year, as is allowed, to match the parent corporation. The ASA ...
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