seabed mining ship

Contractor for seabed mining ship defaults on payment

DAVID FOXWELL on OFFSHORE SUPPORT JOURNAL | 13 Dec 2017 “MAC Goliath Pte Ltd, owner of the production support vessel that is being built for seabed mining outfit Nautilus Minerals, said MAC has failed to pay the third instalment due on the contract for the vessel. In a statement, Nautilus Minerals said it had been […]

Read More
Nautilus Solwara 1 Experimental Seabed Mineexperimental seabed mining

Legal action launched over the Nautilus Solwara 1 Experimental Seabed Mine

See original release from the Deep Sea Mining Campaign PAPUA NEW GUINEA | Coastal Communities have today launched legal proceedings against the PNG Government in a bid to obtain key documents relating to the licensing and the environmental, health and economic impacts of the Solwara 1 deep sea mining project. “Very little information about the Solwara 1 […]

Read More
deep sea mining in Papua New Guinea

Out of our depth: deep sea mining in Papua New Guinea – episode 1

GEM ROMULD, TEISHAN AHEARNE, COREY GREEN, EMMA CRUNCH & KERRI-LEE HARDING on 3CR COMMUNITY RADIO | 16 November 2017 “It’s a race to the bottom of the sea on the frontier of extractive industries: experimental deep sea mining.Canadian company Nautilus Minerals is planning to mine a hydrothermal vent 1500m underwater: Solwara 1 in the Bismarck […]

Read More
Nautilus Announces Preliminary Economic Assessment Nautilus Appoints Chief Operating Officer Nautilus Minerals Officer Update bridge loans Nautilus receives additional bridge loans

Nautilus Minerals announces financial results for Q3 2017

Download Nautilus Minerals press release Toronto Ontario, November 14, 2017 – Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the “Company” or “Nautilus”) announces the release of its unaudited consolidated Financial Statements for the third quarter ended September 30, 2017, together with Management’s Discussion and Analysis. Q3 2017 Significant Events Received US$2 million through the […]

Read More
Nautilus Minerals under pressure

Nautilus Minerals Under Pressure

The past month has been anything but quiet over at Nautilus Minerals.  Changes in leadership, transparent financial stress and mobilized on-the-ground opposition have clashed with marked advances in technology and production timelines on the controversial Solwara One deep sea mining project in Papua New Guinea. A positive 2017 second quarter left shareholders happy and Nautilus […]

Read More
Nautilus

Nautilus Risky Deal

PNG POST-COURIER | 25 October 2017 “Former Attorney General Sir Arnold Amet has come out publicly warning that potential investors that Nautilus Solwara 1 project is a risky deal. The former Justice Minister has joined the growing opposition against the deep sea mining project which has been proposed in the Bismarck Sea, of which his […]

Read More
Deep Sea Mining Project

Investor alert: Deep sea mining project in last-ditch search for capital

See Deep Sea Mining Campaign’s original release Nijmegen, Netherlands and Brisbane, Australia, 25 October 2017 In a last ditch bid to rescue its experimental deep sea mining project ”Solwara 1”, the two largest shareholders of Nautilus Minerals Inc, Russian mining company Metalloinvest and Omani conglomerate MB Holdings, have formed a new company whose sole job […]

Read More

Sir Arnold Amet calls for clarity on Nautilus seabed mining project

ABC NEWS | 20 October 2017   “The PNG government is being threatened with legal action by a group opposed to the planned undersea mining project, Solwara 1. One of their most high profile supporters, former Attorney General and Chief Justice, Sir Arnold Amet says people have a right to know what kind of environmental […]

Read More
Nautilus Announces Preliminary Economic Assessment Nautilus Appoints Chief Operating Officer Nautilus Minerals Officer Update bridge loans Nautilus receives additional bridge loans

Nautilus provides project update

Download Nautilus Minerals press release Toronto Ontario, October 12, 2017 – Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the “Company” or “Nautilus“) is happy to provide an update on the status of its seafloor production system, to be used by Nautilus and its partner, Eda Kopa (Solwara) Limited at the Solwara 1 Project site, […]

Read More
Nautilus Announces Preliminary Economic Assessment Nautilus Appoints Chief Operating Officer Nautilus Minerals Officer Update bridge loans Nautilus receives additional bridge loans

Nautilus signs funding mandate with major shareholders

Download Nautilus Minerals press release TORONTO, ONTARIO Oct. 11, 2017  — Nautilus Minerals Inc. (TSX:NUS) (OTC:NUSMF) (the “Company” or “Nautilus“) announces that it has entered into a Funding Mandate Agreement (the “Agreement“) with Deep Sea Mining Finance Ltd. (“DSMF“) pursuant to which DSMF will seek to leverage the international expertise and financial relationships of Nautilus’ […]

Read More