Source: Deep Sea Mining Campaign
Environmental groups warn Nautilus shareholders not to pay the price of ignorance when it comes to investing in the Solwara 1 deep sea mining project in Papua New Guinea.
On 1st June 2015 Nautilus released an environmental and social benchmarking report on the proposed Solwara 1 mine in the Bismarck Sea of Papua New Guinea.
“The purpose of the report is to reassure investors and the world that mining the sea floor is a social and environmentally responsible way to satisfy global demand for minerals. Investors should be wary.” said Deep Sea Mining Campaign coordinator, Dr. Helen Rosenbaum.
“The benchmarking report is based on information provided by Nautilus, has been reviewed by the company’s CEO, and is clearly an attempt to downplay the risks posed by the Solwara 1 project. How then can Nautilus claim that benchmarking report represents independent research.”