The National | 6 December 2018 In the classic 1870 Jules Verne novel 20,000 Leagues Under the Sea, underwater explorer Captain Nemo predicted the mining of the ocean floor’s mineral bounty – zinc, iron, silver and gold. India is catching up with that only now, as it prepares to unearth treasures down below, aiming to boost […]
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The Economist | 5 December 2018 AFTER LISTING on the Toronto stock exchange in 2006 Nautilus Minerals became the public face of a daring new industry: deep-sea mining. It planned to pursue riches on the ocean floor, mining metals such as gold, zinc and copper, desired respectively for lustre, alloys and electronics. Robotic machines would […]
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Richard Milne for the Financial Times | 4 December 2018 The world’s largest container shipping company has pledged to cut net carbon emissions to zero by 2050, challenging an industry that is both one of the main transporters of global trade and one of the biggest polluters to come up with radical solutions in the […]
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Mining Journal | 7 December 2018 Marine mining pioneer Nautilus Minerals jumped 20% in Toronto this week after it revealed plans to form a new joint venture with arm’s length third parties to fund completion of its production support vessel (PSV) in China. Read the full article here: Nautilus jumps on possible support vessel reprieve.
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Zoe Tabary for Thomson Reuters Foundation | 4 December 2018 LONDON, Dec 4 (Thomson Reuters Foundation) – Ransom-hungry pirates, polar explorers, offshore oil giants – the race for the riches of the world’s final frontier is on. From Thailand to Alaska, the battle to tap ever-dwindling resources from minerals to fish is spurring new conflicts over […]
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Maritime Executive | 3 December 2018 Nautilus Minerals has announced that it is currently negotiating the terms of an agreement for a joint venture (JV) to refinance the acquisition of the production support vessel for the Solwara 1 seafloor mining project that it had previously arranged to be procured through MAC Goliath. The new JV […]
Read MoreSandra Brooke for The Conversation | 3 December 2018 When people think of coral reefs, they typically picture warm, clear waters with brightly colored corals and fishes. But other corals live in deep, dark, cold waters, often far from shore in remote locations. These varieties are just as ecologically important as their shallow water counterparts. […]
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Woods Hole Oceanographic Institute | 26 November 2018 Alvin, the country’s only deep-diving research submersible capable of carrying humans to the sea floor, reached another milestone in its long career on November 25, 2018, when the sub made its 5,000th dive during an expedition to the Guaymas Basin in the Gulf of California. Read the […]
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Radio New Zealand | 23 November 2018 By offering tenders for deep sea exploration the environmental risks of extracting minerals from the seabed will be able to be assessed, the Cook Islands government says. The government plans to open tenders for five-year, deep sea mining exploration licences at the beginning of next year. And while […]
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The Times of India | 27 November 2018 The National Institute of Oceanography (NIO) has been accorded permission by the International Seabed Authority (ISA) to carry out offshore mining in the Central Indian Ocean in a 18,000 sq km area. Estimates of sites and metal availability has been done and a vast reservoir of metals, […]
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