Reference Zones

Reference Zones to Measure Deep Sea Mining’s Impact on Seafloor

The International Seabed Authority (ISA) is charged with regulating deep-sea mining in the Area and its environmental impacts.  To evaluate these impacts, the ISA’s rules call for contractors to delineate and monitor Impact Reference Zones (IRZs) and Preservation Reference Zones (PRZs).  In general, an IRZ represents the area impacted by mining operations. A PRZ, in […]

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EV batteries

Australia’s Got a Lock on Supply of the Metal Used for EV Batteries

DAVID STRINGER on BLOOMBERG MARKETS | 25 October 2017 “Ground zero in the global scramble for lithium is a small patch of northern Australia’s iron-ore rich outback, where work is accelerating to deliver the world’s next major mines to feed soaring demand from electric vehicle battery makers. Almost 60 percent of supply from planned large projects […]

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Nickel Deficit

Deepening nickel deficit forecast as EV market booms

MINING WEEKLY | 25 October 2017 “JOHANNESBURG – As the world speeds ahead with a move towards more electric vehicles (EVs), including hybrids, plug-ins and full electric cars, the nickel market is heading for deepening deficits, falling stocks and rising prices. This is the view of Wood Mackenzie principal analyst Sean Mulshaw, who forecasts that […]

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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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Mike Jones

Mike Jones to Succeed Andrew Hodgson as SMD CEO

Andrew Hodgson is stepping down as CEO of Tyneside-based subsea engineering specialist Soil Machine Dynamics Ltd. (SMD). He will be will be succeeded by his deputy Mike Jones from 23 October. No stranger to the business, Jones has worked for SMD for over 25 years. A director since 2004, Jones takes over following a planned […]

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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 Changes to its Board of Directors

Download Nautilus Minerals press release Toronto Ontario, October 19, 2017 – Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the “Company” or “Nautilus“) announces changes to its board of directors with the appointment of John McCoach following the resignation of Mark Horn. Russell Debney, Nautilus Minerals’ Chairman said “I would like to thank Mark for […]

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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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Training Opportunities

New Contractor Training Candidates Selected

International Seabed Authority (ISA) Contractors have a legal obligation to provide and fund training opportunities for young men and women Developing States. The following new candidates have been accepted for training placements since July: China (announced 1 August 2017) The China Ocean Mineral Resources Research and Development Association (COMRA) offered three training positions: Md. Bazlar […]

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