Deep Sea Mining Project

Investor alert: Deep sea mining project in last-ditch search for capital

See Deep Sea Mining Campaign’s original release Nijmegen, Netherlands and Brisbane, Australia, 25 October 2017 In a last ditch bid to rescue its experimental deep sea mining project ”Solwara 1”, the two largest shareholders of Nautilus Minerals Inc, Russian mining company Metalloinvest and Omani conglomerate MB Holdings, have formed a new company whose sole job […]

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subsea mining

The Price of Subsea Mining

KIRA COLEY on MARINE TECHNOLOGY NEWS | 24 October 2017 “Over millions of years, metal particles accrete onto sediment grains slowly forming lumps of commercially-valuable metallic ores in deep aphotic basins three miles underwater. As resources dwindle, mining companies are increasingly looking to the ocean to provide the metals and minerals we need. But environmental […]

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combustion engines

RIP Combustion Engines: Japan Shows Off Cars of the Future

KEVIN BUCKLAND and JIE MA on BLOOMBERG TECHNOLOGY | 23 October 2017 “Japan’s flagship automakers will present their futuristic visions for the post-fossil fuel era at the Tokyo Motor Show that kicks off on Wednesday. If only the industry, reeling from a run of scandals, could forget about the here and now.” Read the full […]

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biodiversity loss transparent environmetal management

Deep-Sea Mining Requires Transparent Environmental Management

HYDRO INTERNATIONAL | October 2017 “For three years researchers from eleven countries have been working intensively on these questions on the consequences on deepsea mining on ecosystems and environmental aspects in the project “MiningImpact” coordinated by the GEOMAR Helmholtz Centre for Ocean Research Kiel, Germany. This week, they discuss their findings at the project`s final […]

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Mining Weekly iPhone

Mining Weekly iPhone and Android Apps available for free download

CREAMER MEDIA on MINING WEEKLY | 20 October 2017 MEDIA STATEMENT Creamer Media’s readers continue to be part of the mobile revolution.  Over 20% of Creamer Media’s online readers view the websites on their mobile devices. To cater for this growing mobile readership Creamer Media offers a MiningWeekly.com app for iPhone and Android users.  These […]

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Sir Arnold Amet calls for clarity on Nautilus seabed mining project

ABC NEWS | 20 October 2017   “The PNG government is being threatened with legal action by a group opposed to the planned undersea mining project, Solwara 1. One of their most high profile supporters, former Attorney General and Chief Justice, Sir Arnold Amet says people have a right to know what kind of environmental […]

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ocean projects

Bait and Switch? Scientists Question Use of ‘Offsets’ in Ocean Projects

As the ocean becomes increasingly industrialized, governments are starting to rely on a strategy long deployed with mixed results to mitigate the destruction of habitats on land: offsets. The idea is make up for the loss of biodiversity from development by creating or rehabilitating habitat elsewhere. Now researchers have called into question the efficacy of […]

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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 project update

Download Nautilus Minerals press release Toronto Ontario, October 12, 2017 – Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the “Company” or “Nautilus“) is happy to provide an update on the status of its seafloor production system, to be used by Nautilus and its partner, Eda Kopa (Solwara) Limited at the Solwara 1 Project site, […]

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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 signs funding mandate with major shareholders

Download Nautilus Minerals press release TORONTO, ONTARIO Oct. 11, 2017  — Nautilus Minerals Inc. (TSX:NUS) (OTC:NUSMF) (the “Company” or “Nautilus“) announces that it has entered into a Funding Mandate Agreement (the “Agreement“) with Deep Sea Mining Finance Ltd. (“DSMF“) pursuant to which DSMF will seek to leverage the international expertise and financial relationships of Nautilus’ […]

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