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Nautilus

Nautilus Risky Deal

PNG POST-COURIER | 25 October 2017 “Former Attorney General Sir Arnold Amet has come out publicly warning that potential investors that Nautilus Solwara 1 project is a risky deal. The former Justice Minister has joined the growing opposition against the deep sea mining project which has been proposed in the Bismarck Sea, of which his […]

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funding

Miner Explores Funding Options

PNG POST-COURIER | 1 October 2017 “According to the firm’s market report released last Tuesday, the Canadian miner stated it requires a significant and additional funding, in order to complete the build and deployment of the seafloor production system (SPT) to be utilised for the project. “Based on the its current cash position and budget, […]

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Solwara One Project

Limited Benefits in Solwara One Project

PNG POST-COURIER | 1 October 2017 “The issue of benefits has been one of the main concerns of the leaders of both New Ireland and East New Britain who were inolwara Port Moresby last week to witness the trials being conducted on the Nautilus Minerals Inc’s mining equipment . For the ENB delegation the issue […]

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Solwara One

Solwara One, A Game Changer

PNG POST-COURIER | 29 September 2017 “With production set to commence in early 2019, the much debated Solwara One seafloor mining project is set to pave the way for what has already been described as the advent of a new era in the global mining industry. “Solwara One will be the first deep sea mine […]

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mining technology

PNGeans to Pioneer New Mining Technology

MICHAEL ARNOLD in PNG POST-COURIER | 28 September 2017 “With 18 months to go till the commencement of the production phase of the Solwara One project, two Papua New Guineans now find themselves at the helm of pioneering some of the world’s first experimental seabed mining technology. Sharing over 40 years of terrestrial mining experience […]

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