Arktikugol

Arktikugol is a Russian coal mining unitary enterprise which operates on the island of Spitsbergen in Svalbard, Norway. Owned by the government of Russia, Arktikugol currently performs limited mining in Barentsburg. It has carried out mining operations in the towns of Pyramiden and Grumant, which it still owns, and once operated a port at Colesbukta. The company is headquartered in Moscow and is the official agency through which Russia, and previously the Soviet Union, exercised its Svalbard policy.

The company was established on 7 October 1931 to take over all Soviet mining interests on Svalbard. At the time Grumant and Pyramiden were bought, although only Grumant was in operation. It also bought Barentsburg from Dutch interests.