Maria Bolevich for the Deep-sea Mining Observer Earlier this year, a team of scientists from Ocean University of China reviewed the development of key deep-sea mining technologies in A brief review of recent progress on deep sea mining vehicle. The study presented a series of new potential technologies to reduce the environmental footprint of deep-sea […]
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Although the political negotiations surrounding the establishment of a Mining Code are frequently the driving factor in the development and advancement of the deep-sea mining industry, the technology necessary to actually access the seafloor and recover ore from the deep ocean presents just as many challenges. The rules of the International Seabed Authority even provide […]
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F ebruary 2018 was a gold star month for Nautilus Minerals, with significant advances made on seafloor production tool operations, vessel construction and both financial and organizational stability. The month’s progress renews confidence that the controversial Solwara 1 deep sea mining project in Papua New Guinea’s Bismarck Sea remains viable and on track for projected […]
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Download the Nautilus Minerals press release Toronto Ontario, February 22, 2018 – Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the “Company” or “Nautilus”) is pleased to advise it has appointed Mr Wayne Knott to the role of Chief Operating Officer (“COO”), commencing March 19, 2018, as it moves towards starting its first seafloor mining […]
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Read the Nautilus Minerals press release Toronto Ontario, February 20, 2018- Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the “Company” or “Nautilus”) is pleased to provide an update on the status of construction of its Production Support Vessel and associated equipment, to be used by Nautilus and its partner, Eda Kopa (Solwara) Limited at […]
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Download the Nautilus Minerals press release Toronto Ontario, February 12, 2018 – Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the “Company” or “Nautilus”) is pleased to announce that is has successfully completed the submerged trials for its Seafloor Production Tools in Papua New Guinea. Mike Johnston, Nautilus’ CEO commented “The overarching objective of the […]
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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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See original release from the Deep Sea Mining Campaign PAPUA NEW GUINEA | Amid financial strife and looming litigation, Sir Arnold Amet, former Papua New Guinean Attorney General and Minister for Justice advises the PNG Government to terminate its joint partnership agreement with Nautilus, recoup its 15% stake in the Solwara 1 deep sea mining […]
Read More Download Nautilus Minerals press release Toronto Ontario, January 8, 2018 – Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the “Company” or “Nautilus”) announces that it has arranged to receive bridge loans from Deep Sea Mining Finance Ltd. (the “Lender“) and has also entered into a funding mandate agreement (the “Funding Mandate“) with M. Horn […]
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A series of internal and external pressures have been plaguing the Canadian deep sea mining firm Nautilus Minerals for months with no clear resolution in sight. The challenges facing Nautilus are hindering efforts to move forward on the Company’s flagship effort, the controversial Solwara One seabed mining project in Papua New Guinea’s Bismarck Sea. DSM […]
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