Deep-Sea Gold Miners Target PNG Coast

Locals fear for their environment despite promises of riches.

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Image Credit: CC0 image via Pixabay

LUKE HUNT on THE DIPLOMAT | 26 December 2017

“Deep-sea mining is about to take an enormous step into the future. Off the coast of Papua New Guinea, in the Bismark Sea, the extraction of rich gold and copper deposits by a multinational group is promising high returns and they insist they are doing their best to allay environmental concerns.

But not everyone is convinced.

Court action has been launched amid claims the PNG government is withholding information about the multi-billion dollar project, Solwara 1 field, operated by Nautilus Minerals Inc, a Canadian-based company backed by Russian and Omani mining firms.”

Read the full article on The Diplomat