Latest News

5
Jan
2019

Source: Loop Business

The clock is ticking for Nautilus Minerals. The company has been struggling for some time as it seeks to force through the first experimental deep sea mining project, Solwara 1, off the coast of Papua New Guinea, despite concerted opposition.

Continue reading here.

1
Jan
2019

Source: Earth.com
Author: Kay Vandette

2018 has been the year of rollbacks, and the Trump administration has not been subtle about its stance on pushing for fossil fuel use and mining. As the demand for minerals, oils, and natural gas continues to increase, we have to dig deeper and set up more mining operations to fulfill that demand.

There are some major decisions regarding seabed mining expected in the coming year which could open up a gold-rush-like frenzy to set up deep-sea mining operations.

Continue reading Deep-sea mining could damage delicate deep-sea ecosystems

26
Dec
2018

Source: Mongabay
Author: David Hutt

An ambitious plan to mine precious minerals from the ocean floor off the coast of Papua New Guinea looks to have run aground due to the developer’s financial problems.

In 2011, the government of Papua New Guinea granted Canada-based Nautilus Minerals a 20-year mining license covering roughly 500,000 square kilometers (193,000 square miles) of the Bismarck Sea, off the country’s eastern coast. The Solwara 1 project was the first in the world to be granted rights for deep-sea mining, whereby enormous machines would dig into the ocean floor, harvesting zinc, copper and gold, and other commodities essential to building electrical equipment.

Continue reading After the loss of a ship, deep sea mining plans for PNG founder

19
Dec
2018

Source: Mongabay

South of Tasmania, hundreds of undersea mountains mark the deep ocean floor. Now, a monthlong survey of these seamounts in and around Australia’s Huon and Tasman Fracture marine parks has revealed a spectacular range of deep-sea species, from feathery corals and tulip-shaped glass sponges to bioluminescent squids and ghost sharks. The survey team has also uncovered more than 100 previously unnamed species that are likely new to science.

Continue reading Deep-sea survey of Australian marine parks reveals striking species

19
Dec
2018

Source: DSM Observer
Author: Andrew Thaler

2018 was supposed to be the year for Nautilus Minerals. Their three seafloor production tools—large underwater robots capable of mining seafloor massive sulphides from 1600 meters depth—were finally in hand and undergoing submerged testing. Their ship, the Nautilus New Era, was nearing completion. They had only a few hurdles left to clear before beginning production at Solwara I, the much-vaunted site of the world’s first deep sea mining operation.

Then the floor dropped out.

Continue reading For Nautilus Minerals, the debt comes due.

14
Dec
2018

Source: EarthSky
Author: Sandra Brooke

When people think of coral reefs, they typically picture warm, clear waters with brightly colored corals and fishes. But other corals live in deep, dark, cold waters, often far from shore in remote locations. These varieties are just as ecologically important as their shallow water counterparts. They also are just as vulnerable to human activitieslike fishing and energy production.

Continue reading Huge previously-undetected coral reef off US East Coast