Source: Canadian Geographic
Author: Ariana Kaknivicius
A Canadian mining company has been approved to start extracting ores of copper, gold and other valuable metals on the Pacific sea floor. The company, Nautilus Minerals, reached an agreement with Papua New Guinea to start mining within the next five years. Nautilus was granted a 20-year licence to excavate at Solwara 1, a site 30 kilometres off Papua New Guinea’s coast in the Bismarck Sea.