Deep Sea Mining Company

Deep Sea Mining Company Sued By Environmentalists

COLIN J MCCRACKEN on MY GOOD PLANET | 12 December 2017 “Deep sea mining has been called the ‘new gold rush‘, as tech companies scramble to access a sea bed rich in minerals required for devices such as laptops and smartphones. It’s not only environmentalists who have been highlighting the dangers of such practices though. Academics […]

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subsea mining vessel challenges at nautilus

Shipyard says subsea mining vessel buyer misses payment

MARINELOG | 12 December 2017 “A sub sea mining support vessel project has run into a problem. Vancouver, BC, headquartered Nautilus Minerals Inc., which plans to time charter the vessel for five years on its delivery, says it has been notified by China’s Fujian Mawei Shipbuilding that MAC Goliath Pte Ltd, the buyer of the […]

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Unctad

Crucial for commodity countries to build economic resilience – Unctad

MARTIN CREAMER on MINING WEEKLY | 11 December 2017 “Without policy change, commodity-dependent developing countries risk falling short of achieving their sustainable development goals (SDGs) by 2030, United Nations Conference on Trade and Development (Unctad) economic affairs officer Stefan Csordas warned on Monday. Unctad and the Food and Agriculture Organisation of the United Nations have […]

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shipyard notifies Nautilus

Shipyard notifies Nautilus of default by major contractor

Download Nautilus Minerals press release Toronto Ontario, December 11, 2017 – Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the “Company” or “Nautilus”) announces that Fujian Mawei Shipbuilding Ltd (the “Shipyard”), the owner of the shipyard where Nautilus’ Production Support Vessel (the “PSV”) is being built, has notified the Company that MAC Goliath Pte Ltd […]

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Papua New Guinea deep sea mine

Troubled Papua New Guinea deep-sea mine faces environmental challenge

HELEN DAVIDSON and BEN DOHERTY on THE GUARDIAN | 11 Dec 2017 “A controversial experimental deep-sea mine is being challenged in court by environmental groups who have accused the Papua New Guinea government of withholding key documents about its approval. Nautilus Minerals Inc, a Canada-based company primarily owned by Russian and Omani mining firms, wants […]

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Top of the Rocks

Mining Journal’s Top of the rocks

DANIEL GLEESON on MINING JOURNAL | 11 December 2017 “It is policies, currencies and commodity prices that have the greatest bearing on bottom lines. That is why a few years back, Mining Journal hatched a plan to chart those people that have a daily influence on mining’s fortunes. The 2017 list is similar to last […]

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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 […]

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

Nautilus Provides Update

Download Nautilus Minerals press release Toronto Ontario, December 4, 2017 – Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the “Company” or “Nautilus”) is providing an update to its funding requirements set forth in the Company’s November 1, 2017 press release (see links section below). Discussions with various parties involved in the manufacture of the […]

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electric cars

‘Miner’s revenge’ is coming with electric cars, Friedland says

BLOOMBERG via MINING WEEKLY | 1 Dec 2017 “Surging demand for metals like copper, nickel and cobalt for use in electric vehicles promises to overturn the balance of power between mining companies and their customers, according to billionaire investor Robert Friedland. Automakers will have to change the way they approach procurement if they want to […]

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