MIT Comparative Study of Economic Models for Polymetallic Nodule Mining Now Available Online.

ANNOUNCEMENT | 29 January 2019 The comparative study of economic models requested by the International Seabed Authority (ISA) Council is now available on the ISA website: http://bit.ly/isa-wg  Prepared by the Massachusetts Institute of Technology (MIT), the study, which compares four economic models, will be reviewed at the first meeting of the open-ended working group of the ISA Council, […]

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Nautilus and DSMF extend the maturity date of the existing secured loan facility

VANCOUVER, British Columbia, Feb. 07, 2019 (GLOBE NEWSWIRE) — Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the “Company” or “Nautilus“) and Deep Sea Mining Finance Ltd. have agreed to extend the maturity date of the existing secured loan facility which is currently due on February 8, 2019, for 28 days ending on March 8, 2019. The […]

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Ambassador Masahiko Kiya, the Ambassador for TICAD 7,MOFA Japan, Ambassador Soloman Maina, Kenya’s ambassador to Japan and Siddharth Chatterjee, United Nations Resident Coordinator to Kenya (Kenya Embassy)

Blue Economy: The new frontier for Africa’s growth – An interview with Siddharth Chatterjee UN Resident Coordinator to Kenya

Nikki Shimbun for Pulse Live Kenya | 8 February 2019 The blue economy in Africa is neglected, ignored or underexploited, but it can offer a range of African solutions to African economic problems. More than one-quarter of Africa’s population lives within 100km of the coast and derive their livelihoods there. According to the International Energy Agency […]

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Rare minerals can be found in the Clarion-Clipperton Zone Geomar

Deep-sea mining could wreck the last unexplored ecosystem on Earth

Olive Heffernan for New Scientist | 31 January 2019 Some call it the final frontier. Having spent much of human history scouring – and scarring – Earth’s surface to extract precious mineral resources, we are now turning to the most remote, and least known, part of our planet in search of more: the deep sea. Read the full article here: Deep-sea […]

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Image credit: Nekton

Ground-breaking deep-sea exploration to boost good ocean governance

Natricia Duncan for The Commonwealth | 29 January 2019 Commonwealth governments are set to benefit from a ground-breaking scientific research expedition into the unexplored depths of the Indian Ocean.  First Descent, a collaboration of ocean research institute Nekton, the Commonwealth and other partners will launch a multidisciplinary exploration of never-before-accessed ocean territory.  The expedition ship, […]

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A nodule harvester. Image courtesy DeepGreen.

Metals for our Future

Chris Hinde for the Mining Beacon | 21 December 2018 In his presentation at the Mines and Money London conference in November, the CEO of DeepGreen Metals Inc., Gerard Barron, outlined the problems facing the global economy in the supply of sustainable metals and minerals, and the role this private Vancouver-based company is planning to […]

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Galathied crabs, shrimp, graze bacteria on vent mussels (NOAA)

Japan’s Grand Plans to Mine Deep-sea Vents

Martha Henriques for the BBC | 7 January 2019 Off the coast of Okinawa, a slim stretch of land among Japan’s southern Ryuku islands, thousands of metres below the surface, there are the remains of extinct hydrothermal vent systems scattered about the ocean floor. The minerals at these long-dead former vent sites are now gaining […]

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Nautilus Provides Corporate Update

Vancouver, British Columbia, January 8, 2019 – Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the “Company” or “Nautilus“) provides the following corporate update. Nautilus and Deep Sea Mining Finance Ltd. have agreed to extend the maturity date of the existing secured loan facility which is currently due on January 8, 2019, for 30 days ending on February […]

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Cooks legislation

Seabed mining project in PNG gets $500,000 loan

Radio New Zealand | 27 December 2018 A troubled deep sea mining project in Papua New Guinea has been given a loan of nearly $US500,000. Nautilus Minerals plans to mine the floor of the Bismarck Sea between New Ireland and New Britain. The Canadian company has faced opposition from environmental and community groups, and has […]

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A new species of the sea-anemone-like Relicanthus clings to a sponge stalk on the floor of the Pacific Ocean.Credit: D. J. Amon & C. R. Smith

How to Protect the Deep Sea

By Conn Nugent for the Pew Charitable Trusts | 28 December 2018 The International Seabed Authority (ISA) was established to manage mining on the international seabed and to protect the marine environment from its harmful effects. Striking a balance is a formidable challenge. All mining operations, land or sea, cause environmental damage. Research strongly suggests […]

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