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Big Month at Nautilus

Big Month at Nautilus

F ebruary 2018 was a gold star month for Nautilus Minerals, with significant advances made on seafloor production tool operations, vessel construction and both financial and organizational stability.  The month’s progress renews confidence that the controversial Solwara 1 deep sea mining project in Papua New Guinea’s Bismarck Sea remains viable and on track for projected […]

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Nautilus Granted New Explorati on License; Includes New Targets Seabed exploration maps

Nautilus Reveals New Seabed Exploration Maps

Deep sea mining company Nautilus Minerals announced on 9 Feb 2018 that the government of Papua New Guinea has granted them a two year Exploration License to conduct exploration activities on a 2,558km2 area within the southeast Bismarck Sea.  Along with the announcement, Nautilus revealed two new seabed exploration maps detailing seabed features and the […]

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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 Announces Preliminary Economic Assessment for its Solwara 1 Project

Download the Nautilus Minerals Press Release Toronto  Ontario, February 27, 2018 – Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the “Company” or “Nautilus”) is pleased to announce the results of a Preliminary Economic Assessment (“PEA”) prepared by AMC Consultants Pty Ltd (“AMC”), contained in an independent National Instrument 43-101 (“NI 43-101”) technical report, for […]

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Nautilus vessel construction surpasses 75% Big Month at Nautilus

Nautilus vessel construction surpasses 75%

Read the Nautilus Minerals press release Toronto Ontario, February 20, 2018- Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the “Company” or “Nautilus”) is pleased to provide an update on the status of construction of its Production Support Vessel and associated equipment, to be used by Nautilus and its partner, Eda Kopa (Solwara) Limited at […]

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Nautilus Granted New Exploration License; Includes New Targets seabed exploration maps

Nautilus Granted New Exploration License; Includes New Targets

Download the Nautilus Minerals press release Toronto Ontario, February 09, 2018 – Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the “Company” or “Nautilus”) is pleased to announce that the Government of Papua New Guinea has granted a two year Exploration License to Nautilus which will allow the Company to conduct exploration activities on this […]

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Challenges at Nautilus

Challenges at Nautilus Continue

A series of internal and external pressures have been plaguing the Canadian deep sea mining firm Nautilus Minerals for months with no clear resolution in sight.  The challenges facing Nautilus are hindering efforts to move forward on the Company’s flagship effort, the controversial Solwara One seabed mining project in Papua New Guinea’s Bismarck Sea.  DSM […]

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seabed mining ship

Contractor for seabed mining ship defaults on payment

DAVID FOXWELL on OFFSHORE SUPPORT JOURNAL | 13 Dec 2017 “MAC Goliath Pte Ltd, owner of the production support vessel that is being built for seabed mining outfit Nautilus Minerals, said MAC has failed to pay the third instalment due on the contract for the vessel. In a statement, Nautilus Minerals said it had been […]

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Deep Sea Mining Company

Deep Sea Mining Company Sued By Environmentalists

COLIN J MCCRACKEN on MY GOOD PLANET | 12 December 2017 “Deep sea mining has been called the ‘new gold rush‘, as tech companies scramble to access a sea bed rich in minerals required for devices such as laptops and smartphones. It’s not only environmentalists who have been highlighting the dangers of such practices though. Academics […]

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Papua New Guinea deep sea mine

Troubled Papua New Guinea deep-sea mine faces environmental challenge

HELEN DAVIDSON and BEN DOHERTY on THE GUARDIAN | 11 Dec 2017 “A controversial experimental deep-sea mine is being challenged in court by environmental groups who have accused the Papua New Guinea government of withholding key documents about its approval. Nautilus Minerals Inc, a Canada-based company primarily owned by Russian and Omani mining firms, wants […]

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deep sea mining in Papua New Guinea

Out of our depth: deep sea mining in Papua New Guinea – episode 1

GEM ROMULD, TEISHAN AHEARNE, COREY GREEN, EMMA CRUNCH & KERRI-LEE HARDING on 3CR COMMUNITY RADIO | 16 November 2017 “It’s a race to the bottom of the sea on the frontier of extractive industries: experimental deep sea mining.Canadian company Nautilus Minerals is planning to mine a hydrothermal vent 1500m underwater: Solwara 1 in the Bismarck […]

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