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Colin Bennett

Nautilus announces 410m tonne inferred seafloor mineral resource in Tonga - 1 views

  • Nautilus Minerals has announced that an initial resource estimate shows an inferred resource of 410 million tonnes at its seafloor mining project around Tonga.
Colin Bennett

Deep-Sea Mining Technology - Nautilus Minerals Extracts Copper from Ocean - 0 views

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    Rocketing metal prices have prompted miners to seek out deposits in nearly all corners of the globe, but Canada's Nautilus Minerals is gunning to be the first to pull gold and copper from the ocean floor.
Colin Bennett

Seafloor mining robots and equipment nearing completion to mine for gold, silver and co... - 0 views

  • Nautilus Minerals has developed robotic technology for deep-sea mining in collaboration with the French company Technip. The company is planning to open the first deep-water mine in 2015. The Solwara 1 mine will be located 1600 metres below sea level. The company has found large deposits of copper and gold there. Solwara 1 is located in the Pacific Ocean, north of Australia, in Papua New Guinea.
Colin Bennett

Deep-sea mining projects land in hot water - 0 views

  • Nautilus was racing to be the first in the world to mine the sea floor. Now UK Seabed Resources, a subsidiary of Lockheed Martin, could take the lead. It has a licence to explore an area of the Pacific sea floor in international waters for minerals.
Colin Bennett

The robot is ready - so when will deep sea mining start? - 1 views

  • Nautilus aims to produce 80,000-100,000 metric tons of copper and 100,000-200,000 ounces of gold - equivalent to a modest onshore mine. It was supposed to be producing by now, but disagreements with the PNG government over financial terms have set it back.
Hans De Keulenaer

Anglo deepens undersea quest - 0 views

  • Aim-listed Nautilus is part of a tier of exotic exploration companies that has been badly affected by falling metals prices and an increasing aversion to risk. The company is adapting deep-sea drilling equipment used by the oil and gas industry to prospect for gold, copper and zinc deposits more than a kilometre below the surface of South Pacific seas.
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