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  • Deep Sea Mining: The Next Gold Rush? - Papua New Guinea Today

    Aug 10, 2017· As determined stakeholders continue to innovate proposed 2019 expedition has its sights set on the coast of Papua New Guinea, where if all goes according to plan, three 200-tonne machines will troll the bottom of the Bismarck Sea for deposits of copper and gold, for Canadian mining company Nautilus Minerals.

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  • Cost benefit analysis of deep sea mining in Pacific ...

    Various scenarios for mining deep sea minerals in the waters of three Pacific Island countries are assessed in a cost benefit analysis report commissioned by .

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  • PNG earthquakes raise concerns over seabed mining project ...

    Oct 15, 2018· A campaigner against deep sea mining says recent earthquakes in Papua New Guinea''s Islands region mean a proposed mining project is a disaster waiting to happen. On Thursday last week, a magnitude 7.0 quake struck off the south coast of New Britain island, the second major quake in .

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  • Will Deep-sea Mining Yield an Underwater Gold Rush?

    Another concern for Deep Sea Mining Campaign: Papua New Guinea''s government has a 30 percent equity share in the minerals as part of a seabed lease agreement with Nautilus.

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  • Newcrest dealing with tailings challenges in NSW and PNG

    Mar 19, 2018· Newcrest finds itself uncomfortably poised at the polar extremes of the mining industry''s relentless waste management dilemma. Unhappy serendipity sees .

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  • Deep sea mining threatens PNG''s indigenous culture - Keith ...

    Masalai are a fundamental part of the islanders'' world. Thus, the prospect of deep sea mining means not just social and economic disruption, but spiritual turmoil. The digging up of the seabed and the extraction of its resources cuts through the very fabric of their spiritual world .

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  • Ban Seabed Mining (@NoDeepSeaMining) | Twitter

    Ban Seabed Mining‏ @NoDeepSeaMining Mar 27. It is not only in PNG that the seabed mining industry is pushing to exploit and destroy the ocean, it is being pushed throughout the oceans of the world .

    [Deep Sea Mining: Papua New Guinea] The secret on the ...

    [Deep Sea Mining: Papua New Guinea] The secret on the ocean floor: (BBC News – February 19, 2018) February 20, 2018 in Australia/New Caledonia/Papua New Guinea Mining, Battery Technology Innovation/Electric Vehicles, Deep Sea Mining, International Media Resource Articles, Mining Conflict and .

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  • Call for PNG seabed mining licences to be cancelled | RNZ News

    Mar 15, 2019· PNG is not equipped to regulate foreign mining companies, especially those experimenting with deep sea mining, Sir Arnold said. "Regulations, governance, accountability mechanisms, in a developing country like Papa New Guinea, and if I might say so in the Pacific region, are considerably wanting.

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  • Papua New Guinea : Economy | The Commonwealth

    The country is richly endowed with mineral and hydrocarbon resources. Since commercial gold-mining began in 1989, mining and oil and gas production have made a significant contribution to GDP. Oil production started in 1992. There are two oil refineries: one in the Gulf of Papua; and one at Port ...

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  • Deep sea mining plans for Papua New Guinea raise alarm

    Nov 18, 2016· In 2011, Canada-based Nautilus Minerals, Inc. was granted a 20-year mining license by the government of Papua New Guinea to begin exploring almost 500,000 square kilometers (193,000 square miles ...

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  • Another call for PNG to cancel sea bed mining licences

    The former governor of Papua New Guinea''s Madang province, Sir Arnold Amet, has renewed his call for the government to cancel sea bed mining licenses. This comes as Canadian miner Nautilus, in which the PNG government has a 15 percent stake, is fighting through .

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  • The Race Is On to Mine the Deep Sea—But Scientists Are Wary

    Aug 29, 2018· Polymetallic nodules like this one, made of layers of iron and manganese, sit on the deep seabed. Deep-sea mining companies are hunting for these nodules to use in .

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  • PNG earthquakes raise concerns over seabed mining project ...

    Oct 15, 2018· A campaigner against deep sea mining says recent earthquakes in Papua New Guinea''s Islands region mean a proposed mining project is a disaster waiting to happen. On Thursday last week, a magnitude 7.0 quake struck off the south coast of New Britain island, the second major quake in .

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  • Collapse of PNG deep-sea mining venture sparks calls for ...

    Proponents argue deep-sea mining could yield far superior ore to land mining – in silver, gold, copper, manganese, cobalt and zinc – with little, if any, waste product. The industry is potentially worth billions of dollars and could assist the transition to a renewable energy economy, supplying raw materials for key technologies such as batteries, computers and phones.

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  • Sea mining project off Papua New Guinea hits choppy waters ...

    Despite a funds crunch and legal challenges mounted by coastal communities in Papua New Guinea (PNG), the world''s first deep-sea mining industry will go ahead, assures a spokesperson for Nautilus Minerals, the project developer. Noreen Dillane, the corporate communications manager at the Canada ...

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  • PNG Business News - PNG Facts - PNG Facts - PNG News

    The Deep Sea Mining (DSM) campaign, a coalition of groups opposing the PNG drilling, estimates that 1 million sq km of sea floor in the Asia-Pacific region is under exploration licence. Nautilus alone has around 524,000 sq km under licence, or pending licence, in PNG, Tonga, New Zealand and Fiji.

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  • Deep Sea Mining a New Ocean Threat | HuffPost

    The Nautilus Minerals "Solwara 1" vent/SMS mining project in PNG waters will likely be the first deep sea mining project, with others following elsewhere in PNG, Tonga, and Fiji. Others projects to watch in national waters include Odyssey''s Don Diego phosphate mining project off Baja, and manganese nodule mining in the Cook Islands.

    Deep Sea Mining: The Next Gold Rush? - Papua New Guinea Today

    Aug 10, 2017· As determined stakeholders continue to innovate proposed 2019 expedition has its sights set on the coast of Papua New Guinea, where if all goes according to plan, three 200-tonne machines will troll the bottom of the Bismarck Sea for deposits of copper and gold, for Canadian mining company Nautilus Minerals.

    Get Price
  • Here''s what you need to know about the deep-sea gold rush ...

    Oct 17, 2014· But earlier this year, Papua New Guinea and Canada''s Nautilus Minerals Inc. reached the first-ever commercial agreement for deep-sea mining in Papua New Guinea''s national waters, to much criticism. The company is on track to begin operations by .

    Papua New Guinea: Deep sea mining co. Nautilus Minerals ...

    "Seabed mining project in PNG moves to sell assets", 26 February 2019. A troubled deep sea mining project in Papua New Guinea is selling its assets while it fends off creditors. Nautilus Minerals was to mine the sea floor between New Ireland and New Britain but has run into financial trouble and local landowner opposition.

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  • New BBC Segment Spotlights PNG Deep Sea Mining – DSM .

    New BBC Segment Spotlights PNG Deep Sea Mining. BBC News science editor David Shukman reports on the developing Nautilus Minerals deep sea mining project Solwara One, in Papua New Guinea''s Bismark Sea. "Plans for the world''s first deep sea mine are taking shape in the waters off Papua New Guinea. The ocean floor is rich in gold, copper ...

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  • Deep sea mining PNG''s Sensitive Marine Ecosystems ...

    The first deep sea mine? The Solwara 1 project being undertaken by Nautilus Minerals in Papua New Guinea (PNG) is the world''s most developed commercial DSM project. It is located in the Bismarck Sea 30 km offshore of New Britain Island at a depth of 1,600 metres. A mining lease was granted in January 2011 for a gold and copper project.

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  • Deep sea mining — a dangerous experiment

    In January 2011, the government of Papua New Guinea (PNG) granted the world''s first deep-sea mining lease to Nautilus Minerals Inc, a Canadian mining firm, which is about to embark on a seabed mining project known as the Solwara 1 project.

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  • Staking a claim: Deep-sea mining nears fruition | EARTH ...

    In 2011, the State of Papua New Guinea (PNG) awarded Nautilus the world''s first deep-sea mining license to recover high-grade SMS deposits in the country''s territorial waters. Fourteen years earlier, the company was one of the first to obtain commercial exploration rights in .

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  • Nautilus Minerals secures $US34m for deep-sea mining in PNG

    Jun 12, 2018· Canada-based Nautilus — which possesses a corporate office in Brisbane — is responsible for the Solwara 1 deep sea mining project in Papua New Guinea; the .

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  • seabed mining | Act Now!

    Source: PNG Village. A computer diagram of the undersea mining of the Solwara 1 Project in New Ireland Province. Nautilus Minerals, the developer of the Solwara 1 Project is currently developing a Environment Management Plan and monitoring programmes for the project.

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  • Deep sea mining threatens indigenous culture in Papua New ...

    "When they start mining the seabed, they''ll start mining part of me." These are the words of a clan chief of the Duke of York Islands – a small archipelago in the Bismarck Sea of Papua New Guinea which lies 30km from the world''s first commercial deep sea mine site, known as "Solwara 1".

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  • Collapse of PNG deep-sea mining venture sparks calls for ...

    Besides PNG, the tiny island nation of Nauru has been deep sea mining''s strongest supporter. Start-up DeepGreen is seeking to extract cobalt and other metals from a 75,000 sq km zone in the Clarion-Clipperton Zone in the Pacific, over which exclusive control has been granted to Nauru.

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  • Agreement reached on deep sea mining - BBC News

    Apr 25, 2014· Agreement reached on deep sea mining. The company, Nautilus Minerals, has been eyeing the seabed minerals off Papua New Guinea (PNG) since the 1990s but then became locked in a lengthy dispute with the PNG government over the terms of the operation. Under the agreement just reached, PNG will take a 15% stake in the mine by contributing $120m towards the costs of the operation.

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  • Papua New Guinea: Mining, Minerals and Fuel Resources

    In 2010, Ok Tedi Mine owned by the Government and Papua New Guinea Sustainable Development Program (PNGSDP) produced 159,821 t of copper from 22 million metric tons (Mt) of copper ore, compared to 166,669 t of copper from 22.6 Mt of ore in 2009.

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  • Uncovering Impacts of Gold Mining in Papua New Guinea

    The pacific island of Papua New Guinea is one of the world''s most resource rich countries, hosting nearly 7 percent of global biodiversity and important reserves of gold, copper and hydrocarbons. However, despite a burgeoning resource economy, the country struggles to translate resource rents into .

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  • GAME OVER! Papua New Guinea Deep Sea Mining Experiment ...

    Dec 11, 2018· (Papua New Guinea) Nautilus Minerals'' aspirations to be the world''s first deep sea mining company sink to the bottom of the ocean on news that the project support vessel critical to the development of the company''s deep sea mining project in Papua New Guinea has been purchased for repurposing by Indian company MDL Energy.

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