From the timeline, The coal town
1916
Store Norske takes over
Store Norske Spitsbergen Kulkompani was founded in 1916 and took over the properties of the American Arctic Coal Company at Adventfjorden and Sassenfjorden. In 1934 it also took over Swedish property at Van Mijenfjorden, including Sveagruva.
History Store norske leksikon
Svalbard