Hostile Takeover For Nautilus Mineral
Hostile Takeover For Nautilus Mineral avatar

By , on January 8th, 2013 3 comments   Conservation & Environment, Mining    

We have been following Nautilus Mineral for some time. As a quick recap, they are the company that is actively pursuing the mining of massive sulfide deposits, i.e. hydrothermal vent chimneys, from the seafloor particularly off of Papua New Guinea. Since July their stock has taken a huge plummet from over 2.5 Canadian dollars per . . . → Read More: Hostile Takeover For Nautilus Mineral

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Is Deep-Sea Mining Bad?
Is Deep-Sea Mining Bad? avatar

By , on September 20th, 2010 Leave a comment   Mining   ,  

Newsweek broaches this subject discussing the move by China to being exploring the mining of massive sulfide deposits, i.e. hydrothermal vents. Samantha Smith from Nautilus, another company exploring mining in PNG states “We’ve put in place a number of measures to ensure that ecosystems and biodiversity are maintained.” But I am one unconvinced much as . . . → Read More: Is Deep-Sea Mining Bad?

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Vents of Gold
Vents of Gold avatar

By , on January 26th, 2009 6 comments   Industry & Government, Organisms, Seeps, Vent, & Whale Falls   , , , ,  

In light of the workshop below, I thought you might enjoy this REPOST from DSN March 24, 2006 This is one in a series of articles about deep-sea mining, a story Craig McClain has been covering dutifully. In this piece, molten fluids are shown to pump through deep volcanic vents offshore Papua New Guinea (PNG) . . . → Read More: Vents of Gold

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