Nautilus to return to PNG
Papua New Guinea Mining Minister Sir Ano Pala told Parliament Nautilus was coming back to Papua New Guinea but under a different entity to operate as they had three exploration licenses still valid. Sir Ano said the
Fiji calls for sea-bed mining moratorium as Nautilus restructures
By Nic Maclellan in Funafuti, Tuvalu Fiji Prime Minister Voreqe Bainimarama has again called for a 10-year moratorium on sea-bed mining, at a time that many Pacific island nations are preparing for new frontiers of
Nautilus Minerals looks to settle US$20m debt
BY: Dionisia Tabureguci Deep sea miner Nautilus Minerals Inc. will meet with its unsecured creditors this month – among them companies from Fiji, Papua New Guinea and Vanuatu – to discuss its plan to settle
Moratorium placed on deep sea mining in PNG: PM Marape
Papua New Guinea Prime Minister James Marape says a moratorium has been placed on the Nautilus deep sea mining and will continue until scientific evidence proves otherwise. Marape said the Melanesian Spearhead
Pentagon ordered to probe undersea mining to counter China
The Metals Company, a mineral explorer of the Pacific Ocean floor, is welcoming United States Congressional efforts to elevate contentious undersea mining to help achieve battery metal independence from
Recycle metals instead of seabed mining, says PNG anti-mining activist
An anti-mining group in Papua New Guinea is calling on its government to explore opportunities in precious metals recycling instead of courting armageddon by allowing seabed mining to happen. “We are calling for a
Deep-sea mining meeting closes without consensus
As meetings to oversee deep-sea mining on the high seas draw to a close, it remains unclear whether regulators will allow it to commence in the near future. At the 07-31 March meetings in Kingston, Jamaica, of the
PNG Government to pursue Solwara 1 talks
Papua New Guinea Mining Minister Sir Ano Pala says the Government expects to pursue discussions with a deep sea mining company to revisit the potential for extracting minerals in the Bismark Sea off the west coast of
MPs seek regional dialogue on deep sea mining
A new alliance of parliamentarians from across the Pacific has called for a regional dialogue on the potential impacts of deep sea mining. The public launch of the Pacific Parliamentarians’ Alliance on Deep Sea Mining
Nauru determined to back Deep Sea Mining
By Netani Rika With the COVID-19 Pandemic maintaining its crippling grip on the Pacific, legislators have struggled to find alternative sources of income to buoy national economies. On the rocky outcrop of Nauru in the
PNG economy may recover when second LNG project begins, but debt will rise
Ratings agency, S&P Global Ratings expects the Papua New Guinea to recover when the second LNG project commences next year, but has maintained a Negative outlook for the economy. In its latest review of the South
