Canadian firm Nautilus Minerals has been awarded a 20-year licence by Papua New Guinea’s Government to begin deep sea mining within the Solwara 1 project. As The Guardian reports, Nautilus will mine an area of 1.6km beneath the Bismarck Sea, 50km off the coast of the PNG island of New Britain. The locals are most [...]
August 9, 2012 | Posted in
Asia Pacific,
Company News,
Featured,
News,
News by topic,
NEWS category,
Operations,
Press releases,
Regional news,
Top Stories |
Read More »
Canadian-owned Nautilus Minerals received more criticism in its bid to mine the sea-floor offshore Papua New Guinea, Radio New Zealand reported. Nautilus is developing the world’s first commercial deep sea mining project in Papua New Guinea called Solwara 1. But the Deep Sea Mining campaign says there’s been a lack of environmental analysis for the [...]
June 12, 2012 | Posted in
Also in the news,
Asia Pacific,
Company News,
Featured,
News,
News by topic,
NEWS category,
Press releases,
Regional news,
Research & Development |
Read More »
Nautilus Minerals Inc. announces the release of its unaudited consolidated financial results for the first quarter ended March 31, 2012 together with Management’s Discussion and Analysis. First quarter 2012 highlights: - Exploration Program commenced in the Bismarck Sea, PNG - Technical Report update released March 23, 2012 - Solwara 1 Project development advances - $129.5 [...]
May 8, 2012 | Posted in
Also in the news,
Americas,
Company News,
Featured,
News,
News by topic,
NEWS category,
Operations,
Press releases,
Regional news |
Read More »
ContiTech has achieved another milestone: Its Fluid Technology Oil & Marine segment has been commissioned by the Canadian company Nautilus Minerals Inc. to take part in the world’s first deep-sea mineral resource project, the company announced in Hanover. The undertaking will see natural resources extracted from sulphide-rich deposits found on the ocean floor. Nautilus’s Solwara [...]
May 4, 2012 | Posted in
Asia Pacific,
Company News,
Contracts & Tenders,
Equipment & Technology,
Featured,
News,
News by topic,
NEWS category,
Operations,
Press releases,
Regional news,
Top Stories |
Read More »
Electromagnetic Geoservices ASA (EMGS) has been awarded a contract worth in excess of USD 4 million by a new customer to acquire and process 3D electromagnetic (EM) data offshore Papua New Guinea. Data acquisition will be performed by the vessel EM Leader in the second quarter of 2012. “We are excited by the interest we [...]
May 2, 2012 | Posted in
Asia Pacific,
Company News,
Contracts & Tenders,
Featured,
News,
News by topic,
NEWS category,
Operations,
Press releases,
Regional news,
Top Stories |
Read More »
Nautilus Minerals Inc. announced it has signed a binding heads of agreement with Tongling Nonferrous Metals Group Co. Ltd (“Tongling”) for the sale of the product extracted from the Company’s Solwara 1 deposit located in the Bismarck Sea, Papua New Guinea (“PNG”). The agreement provides for the purchase by Tongling of 1.1 million tonnes per [...]
April 24, 2012 | Posted in
Asia Pacific,
Company News,
Contracts & Tenders,
Featured,
News,
News by topic,
NEWS category,
Operations,
Press releases,
Regional news,
Top Stories |
Read More »
Tritech has recently supplied Soil Machine Dynamics (SMD) with Gemini Multibeam Imaging and Profiling sonars for installation on 3 SMD vehicles, built for the Nautilus Minerals Solwara 1 Project. The titanium multibeam sonar package is based on Tritech’s proprietary Gemini multibeam technology and, together with supplied surface processing units, will offer profiling and imaging capabilities [...]
March 19, 2012 | Posted in
Asia Pacific,
Company News,
Equipment & Technology,
Featured,
News,
News by topic,
NEWS category,
Operations,
Press releases,
Regional news,
Top Stories |
Read More »
A Papua New Guinea marine conservation party has provided its proposal to the federal government to establish a citizens’ council to advise on deep sea mining projects. Papua New Guinea is the first nation in the region to have issued a deep sea exploration lease, with the Canadian company Nautilus Minerals. The mining work is [...]
February 23, 2012 | Posted in
Asia Pacific,
Company News,
Featured,
News,
News by topic,
NEWS category,
Operations,
Press releases,
Regional news,
Research & Development,
Top Stories |
Read More »
Nautilus Minerals Inc. yesterday filed its updated Mineral Resource Estimate for the Solwara Project in the Bismarck Sea in Papua New Guinea. Details of the updated resource were released to the market on November 25, 2011. About Nautilus Minerals Inc. Nautilus is the first company to explore the ocean floor for polymetallic seafloor massive sulphide [...]
December 30, 2011 | Posted in
Asia Pacific,
Company News,
Featured,
News,
News by topic,
NEWS category,
Press releases,
Regional news,
Research & Development,
Top Stories |
Read More »
Local people in Papua New Guinea stand to gain little from the precious metal that’s extracted from the seabed, according to representative of seaside communities. Nautilus Minerals Inc. was awarded the first deep-sea exploration lease in January from Papua New Guinea authorities to extract minerals from the Bismark Sea. Jane Kesno, the chief executive of [...]
