Nautilus Solwara 1 Experimental Seabed Mineexperimental seabed mining

Legal action launched over the Nautilus Solwara 1 Experimental Seabed Mine

See original release from the Deep Sea Mining Campaign PAPUA NEW GUINEA | Coastal Communities have today launched legal proceedings against the PNG Government in a bid to obtain key documents relating to the licensing and the environmental, health and economic impacts of the Solwara 1 deep sea mining project. “Very little information about the Solwara 1 […]

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Nautilus Announces Preliminary Economic Assessment Nautilus Appoints Chief Operating Officer Nautilus Minerals Officer Update bridge loans Nautilus receives additional bridge loans

Nautilus Provides Update

Download Nautilus Minerals press release Toronto Ontario, December 4, 2017 – Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the “Company” or “Nautilus”) is providing an update to its funding requirements set forth in the Company’s November 1, 2017 press release (see links section below). Discussions with various parties involved in the manufacture of the […]

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electric cars

‘Miner’s revenge’ is coming with electric cars, Friedland says

BLOOMBERG via MINING WEEKLY | 1 Dec 2017 “Surging demand for metals like copper, nickel and cobalt for use in electric vehicles promises to overturn the balance of power between mining companies and their customers, according to billionaire investor Robert Friedland. Automakers will have to change the way they approach procurement if they want to […]

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energy metal supplies

Cobalt’s dramatic demand bump gives rise to novel investment vehicle

HENRY LAZENBY on MINING WEEKLY | 1 December 2017 “Cobalt supply constraints, coupled with a never-before-seen boom in the adoption rate of electric vehicles (EV) across the globe, have conspired to create an ideal market in which a pure-play cobalt investment and participation vehicle’s profits can outpace its peers. Cobalt, a critical ‘energy metal’ used […]

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IFREMER

Ifremer and ISA Sign Extension Agreement of Exploration Contract for Polymetallic Nodules

INTERNATIONAL SEABED AUTHORITY | 27 November 2017 JAMAICA, Kingston  – – The International Seabed Authority and l’Institut Français de Recherche pour l’Exploitation de la Mer (IFREMER) have signed an Agreement on the extension of the exploration contract for polymetallic nodules in the Clarion Clipperton Zone. IFREMER entered into a 15-year contract for exploration for polymetallic […]

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Paul Lynch

Deep Sea Mining from a Pacific Island State Perspective: An Interview with Cook Islands Seabed Minerals Commissioner Paul Lynch

Since August 2012, Paul Lynch has led the Cook Islands’ Seabed Minerals Authority, which oversees development of the islands’ national seabed mineral resource. A lawyer with over 25 years of wide and varied legal experience in the private sector, Commissioner Lynch is shaping deep sea mining as an industry, both in the Cook Islands and […]

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cobalt

Cobalt on the Rise

Interest in deep sea mining has been accelerating due to the rising price of cobalt. The metal is an important component of EV batteries, laptops and cell phones. In October 2017, cobalt prices reached a nine-year high, trading at around US$30 per pound, tripling its 2015 value of US$10.   The rise is not only seen […]

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Cook Islands

Cook Islands Partners to Explore Pacific Bounty

The government of the Cook Islands, through the Cook Islands Investment Corporation (CIIC), entered into an agreement in September with U.S. based Ocean Minerals, LLC (OML) for the exclusive right for up to 18 months to prospect and explore high value polymetallic nodules over approximately 23,000 square kilometers of the Cook Islands Exclusive Economic Zone […]

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ISA Secretariat Japan Presents Credentials

Update on ISA Secretariat Activities

During October-November 2017, Secretary-General Michael Lodge and his staff at the ISA Secretariat have been busy advancing and promoting the work of the ISA.   Noteworthy milestones include: 15 October 2017. An ISA delegation led by Secretary-General Lodge visited Poland for a series of official meetings and discussions with the Polish Minister of Environment Mariusz Orion […]

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