Author: Mike Schuler
Toronto-based Nautilus Minerals Inc. has announced that its newbuild deep sea mining production support vessel has been launched at the Mawei shipyard in China.
The vessel, named Nautilus New Era, will be used by Nautilus and its partner, Eda Kopa (Solwara) Limited, to mine for gold and copper at the Solwara 1 Project site in the Bismarck Sea of Papua New Guinea.
“Today’s launch is a significant milestone for the Company and the deep water seafloor mining industry,” said Mike Johnston, CEO of Nautilus. “Mawei Yard has designed and built the world’s first Deep Sea Mining Production Support Vessel, in cooperation with Nautilus and Marine Assets Corporation.”
Continue reading here.