Nordic Mining hopper mer enn 50 prosent etter dumpetillatelse og sjefavgang

Oslo Børs closed on Wednesday, with oil prices falling nearly 1.5 percent. Just before the market opened, North Sea oil (brent spot) traded around $97.3 per barrel. The main index on Oslo Børs dropped 0.7 percent after the market opened on this week's second-to-last trading day. For some of the most traded stocks, the Børsen fell 0.02 percent on a trading day where Hafnia's share rose after Pareto increased its buy recommendation.

In June, the Supreme Court ruled that the permits for the disputed Engebø project of Nordic Mining were invalid. Despite this, the company continued to deposit mine waste in Førdefjorden while a new application was under review. This review was announced on Wednesday evening. The court's decision means the department must take action on the now-invalid permits, so the company was granted a time-limited permit today, and the old ones were suspended.

They are currently evaluating whether the company should be given a long-term permit, hoping to make a decision early in 2027, said Climate and Environment Minister Sigrun Aasland in a press release on Wednesday evening. The stock rose over 50 percent after the market opened. It was also announced on Wednesday evening that the top executive, Finn Ivar Marum, stepped down from his position.

Otto Søberg is now acting as the CEO of the heavy company temporarily. Chemical tank manufacturer Stolt-Nielsen kicked off a profit warning with figures for the third quarter on Thursday morning: Stolt-Nielsen beat analyst expectations as Bloomberg had indicated in its consensus before the numbers were released.