One of the fascinating aspects of the deep-sea mining community is how much history is shared among contractors. Nautilus Minerals, GSR, DeepGreen, and, especially, Lockheed, have expertise among their staff stretching all the way back to the early days of the Glomar Explorer. During our investigation into nodules for sale, we interviewed several people who […]
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The slow decline of Nautilus Minerals continues without much change. I reached out to several contacts both at Nautilus’s corporate offices and to colleagues within Papua New Guinea. Since last month, most of the board of directors and the current CEO have resigned, Nautilus was delisted from the Toronto stock exchange, and previously responsive sources […]
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From March 25th to April 5th, hundreds of delegates gathered at the United Nations headquarters in Manhattan to continue work on one of the most consequential ocean-based treaty negotiations in recent memory. It was the second of four planned intergovernmental conference sessions to establish a new, legally binding instrument for the conservation and sustainable use […]
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Secretary-General Micael Lodge for the Economist | 2 April 2019 Deep sea mineral exploration is one of the most tightly regulated activities in the ocean. Under international law, exploration, as distinct from marine scientific research (which is open to all States), may only be undertaken under a contract with the International Seabed Authority (ISA), an […]
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Emma Charleton for World Economic Forum | 10 April 2019 What comes to mind when you think of the high seas? Pirates, whales, giant squid and great white sharks? Long the subject of stories and myths, life in the oceans beyond territorial waters is far from picture perfect. Under threat from climate change, acidification, overfishing, […]
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Radio New Zealand | 9 April 2019 Last week, Nautilus Minerals had its common shares delisted from the Toronto Stock Exchange (TSX) even as it seeks to sell off its assets. In a note to the TSX last Wednesday, the company said four of its directors had resigned, including chief executive John McCoach. Read the […]
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Alex Fox for Science | 3 April 2019 No flag can claim the high seas, but many nations exploit them. As a result, life in the two-thirds of the oceans beyond any country’s territorial waters faces many threats that are largely unregulated, including overfishing and the emerging deep-sea mining industry. Now, nations are negotiating the […]
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Radio New Zealand | 1 April 2019 The company behind a troubled deep sea mining project in Papua New Guinea has suffered another blow in its delisting from a major stock exchange. Read the full article here: PNG seabed mining company delisted from stock exchange.
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