1993 is a purely speculative issue, nothing to do with internal company payments. They could not have been used since Norway would not have accepted it. You can see on reverse words "Russian Federation" and Spitzbergen is Norwegian territory. Those who ordered to produce this issue did not even know that. They were only thinking about the profit from selling these round pieces of metal to collectors who don't know better. I wonder how many collectors would rush to buy as "circulating coin/token" a round nickel-brass disk the size of 1 Pound with e.g. words "Jersey" on one side and "France" on the other instead of the Queen's portrait? (No offence, this is just a hypothetical question, not a business plan. Our French friends don't need to rush with pre-orders .)
Only 1946 Spitzbergen tokens from this series https://en.numista.com/catalogue/pieces24991.html
were used as company tokens for payments. They are scarce and expensive. I saw this set even in such a condition sell for $380 a couple of months ago.
Be careful with these tokens: fakes are known to exist. If you buy them, better do it from reputable dealers or bigger auction houses.
I collect coins and tokens which circulated in Africa from 18th century to 2000. I sell about 7000 illustrated world coins from http://www.avscoins.com.
That would be not so different from and equally ridiculous rubbish with good money-making potential as Spitzbergen (Russian Federation) 50 Roubles, Cabinda 2009 issue denominated in Escudos (Angola's currency is Kwanza, as most of us know) https://en.numista.com/catalogue/pieces3357.html ,
New York City Transit Authority token if it was denominated in Afghanis or Rupees
or this issue https://en.numista.com/catalogue/pieces42914.html.
The list of privately ordered issues which have nothing to do with legal tender (i.e. commemorative) coins or circulation coins/tokens, be it in a company store only or nationwide, unfortunately for numismatics, is already very long and growing every week.
I collect coins and tokens which circulated in Africa from 18th century to 2000. I sell about 7000 illustrated world coins from http://www.avscoins.com.