Kelvin Passfield of Te Ipukarea Society. Photo: RNZ/ Sally Round

Call for Cooks’ seabed mining licences to require risk research

Radio New Zealand | 21 November 2018 In recent weeks, the government has been holding public meetings to hear feedback on its plan to open tenders for five-year, deep sea mining exploration licences at the beginning of next year. Kelvin Passfield of the Te Ipukarea Society said little was known about the biodiversity in the […]

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The OK Tedi gold mine, which caused huge environmental problems in New Guinea, is an example of how mining can go horribly wrong, a letter-writer says.

Deep sea mining: Riches or ruin?

Cook Island News | 19 November 2018 Before matters proceed to the point of no return, we the Iti Tangata need to ask whether mining will lead to riches or to our ruin. Should we allow our Government to jeopardise the main industry of our country that is the backbone of our national economy? Does […]

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The Ocean No 6 returns to port in South China's Guangdong province on Nov 11, 2018. Photo courtesy Chinanews.com.

Chinese vessel collects cobalt samples in the Pacific.

Reuters | 11 November 2018 A Chinese deep-sea exploration vessel has returned to port in Guangdong after collecting samples of so-called cobalt-bearing crusts during a 138-day survey in the west Pacific, China’s official Xinhua news agency reported on Sunday. Cobalt is used in batteries for electric vehicles, an important industry for China, the world’s largest […]

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Mining the deep ocean will soon begin.

The Economist | 8 November 2018 Diva Amon, a researcher at the Natural History Museum in London, spotted her first whale skull in 2013, during an expedition to the Clarion Clipperton Zone (ccz) in the tropical Pacific. It sat on beige silt, some 4,000 metres beneath the sea’s surface, and was entirely covered in a […]

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Shanghai Bund skyline landmark ,Ecological energy renewable solar panel plant

A circular economy could save China five trillion dollars

chinadialogue | 30 October 2018 China could see big improvements in air quality, a reduction in carbon emissions and huge savings for business and households worth 32 trillion yuan (US$5.1 trillion) by 2030 if it moved to a circular economy, according to a recent report from the Ellen MacArthur Foundation. As China’s economy grows people are consuming […]

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Cook Islands SBMA News release for SBM Update presentation meetings- starting tomorrow

Tomorrow will be the first of three opportunities for the local resident community on Rarotonga to receive an Update on the latest information, relating to our national Seabed Minerals (SBM) sector. This new sector is based on historical research that shows our deep seabed to be abundant in valuable Cobalt rich, Manganese nodules. Outer Islands and […]

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Seabed mining machinery Photo: Mike Smith

PNG earthquakes raise concerns over seabed mining project

Radio New Zealand | 15 October 2018 On Thursday last week, a magnitude 7.0 quake struck off the south coast of New Britain island, the second major quake in the area this year. Meanwhile, Canadian company Nautilus Minerals is pushing ahead with its Solwara 1 project, which will dredge the seafloor between the islands of New […]

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Nautilus receives additional loan under secured loan facility

Vancouver, British Columbia, October 16, 2018 – Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the “Company” or “Nautilus“) announces that the Company has received a loan from Deep Sea Mining Finance Ltd. (the “Lender“) in the principal amount of US$770,000 under the previously announced loan agreement (the “Loan Agreement“) between the Company, two of its subsidiaries and […]

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