LANA SMILEY on COIN IDOL.com | 30 January 2018 “The unique solution will allow for much easier and more efficient searches for treasure, shipwrecks and underwater minerals. It will probably have the potential to disrupt the deep-sea mining industry. The solution is a mix of the existing underwater scanning technology and Artificial Intelligence, which allows […]
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SUBSEA WORLD NEWS | 26 Jan 2018 “The GEBCO-NF Alumni Team has completed technology readiness tests of the Shell Ocean Discovery XPRIZE. The test were conducted using a combined unmanned surface vessel (USV) and autonomous underwater vehicle (AUV) system. The goal of the XPRIZE challenge is to advance ocean technologies for rapid, unmanned and high-resolution […]
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Download the Nautilus Minerals press release Toronto Ontario, January 25, 2018 – Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the “Company” or “Nautilus“) is pleased to provide an update on submerged trials for the Company’s Seafloor Production Tools, with the final machine, the Bulk Cutter, due to finish trials next month. Submerged trials of […]
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MIA BREYTENBACH on MINING WEEKLY | 25 January 2018 “Gold prices are expected to average $1 360/oz and hit a 2018 peak of more than $1 500/oz later this year, according to research firm Thomson Reuters GFMS, which published its fourth-quarter Gold Survey on Thursday. The firm noted that the survey’s forecast discounts three federal […]
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CARITAS PNG on PAPUA NEW GUINEA MINE WATCH | 24 December 2018 “Deep sea bed mining is the extraction of metals such as iron, manganese, copper, zinc, lead nickel, cadmium, silver, platinum gold and rare earths from the sea floor. The Parliament decision for granting license to Nautilus (Under Sea Bed Mining) in Papua New […]
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DEUTSCHE WELLE | 24 January 2018 “The Earth’s oceans hide vast amounts of valuable minerals and metals, and as some onshore deposits run low, mining companies are looking for ways to make deep sea mining both technologically possible and profitable. This is partly driven by the need for so-called rare earth metals to produce the […]
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GLOBAL TIMES | 23 January 2018 “China has expanded its international seabed mining area to 86,000 square kilometers in the last five years, the Ministry of Land and Resources said on its website on Tuesday. With the expanded area, China has become the country with the most categories of seabed mineral in the world. This […]
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UNIVERSITY of EXETER | 22 January 2018 Mining on the ocean floor could do irreversible damage to deep-sea ecosystems, says a new study of seabed mining proposals around the world. The deep sea (depths below 200m) covers about half of the Earth’s surface and is home to a vast range of species. Little is known […]
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HENRY LAZENBY on MINING WEEKLY | 22 January 2018 “In the wake of a slow start to mineral-focused financing activity, analysts are predicting more of the same for at least the first four months of 2018. This year is also not expected to surpass 2017 in the number and value of mineral-focused financings undertaken at […]
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THE MARITIME EXECUTIVE | 22 January 2018 “Mining on the ocean floor could do irreversible damage to deepsea ecosystems, according to a new study by researchers from the University of Exeter and Greenpeace. The deep sea (depths below 200m) covers about half of the Earth’s surface and is home to a vast range of species. […]
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