Search results for: Seafloor Massive Sulphide

4557 results

A list of search results

  • 18 May 2011
    Business & Finance, Operations & Maintenance

    Nautilus Minerals has completed its 2010/11 seafloor drilling program, with the vessel, REM Etive, having demobilized in Singapore on May 16, 2011. During the drilling program in the Bismarck Sea of Papua New Guinea, Nautilus completed a 99 hole diamond drilling project, for a total of 1475 metres. Drilling was focused within the area of […]

  • 18 May 2011
    Business & Finance

    Nautilus Minerals has completed its 2010/11 seafloor drilling program, with the vessel, REM Etive, having demobilized in Singapore on May 16, 2011. During the drilling program in the Bismarck Sea of Papua New Guinea, Nautilus completed a 99 hole diamond drilling project, for a total of 1475 metres. Drilling was focused within the area of […]

  • 19 March 2012
    Business & Finance, Equipment, Operations & Maintenance

    Tritech has recently supplied Soil Machine Dynamics (SMD) with Gemini Multibeam Imaging and Profiling sonars for installation on 3 SMD vehicles, built for the Nautilus Minerals Solwara 1 Project. The titanium multibeam sonar package is based on Tritech’s proprietary Gemini multibeam technology and, together with supplied surface processing units, will offer profiling and imaging capabilities […]

  • 17 February 2014
    Business & Finance, Operations & Maintenance

    Nautilus Minerals Inc. (Nautilus) announces that contrary to the arbitrator’s award of 2 October 2013, the Independent State of Papua New Guinea has not completed the purchase of its 30% interest in the Solwara 1 Project. In accordance with the State Equity Option Agreement signed by the parties in March 2011, Nautilus has terminated the […]

  • 11 February 2013
    Business & Finance

    Nautilus Minerals Inc (“Nautilus”) is the first company to explore the ocean floor for polymetallic seafloor massive sulphide deposits. Nautilus was granted the first mining lease for such deposits at the prospect known as Solwara 1, in the territorial waters of Papua New Guinea, where it is aiming to produce copper, gold and silver. The […]

  • 6 September 2011
    Business & Finance, Operations & Maintenance

    Nautilus Minerals Inc has granted 900,000 options and issued 200,000 loan shares to non-executive directors as their full remuneration for 2011. The options and loan shares were granted under the Company’s Stock Option Plan and Share Loan Plan which were approved by shareholders and limit the total number of shares under the two plans to […]

  • 30 December 2011
    Business & Finance, Research & Development

    Nautilus Minerals Inc. yesterday filed its updated Mineral Resource Estimate for the Solwara Project in the Bismarck Sea in Papua New Guinea. Details of the updated resource were released to the market on November 25, 2011. About Nautilus Minerals Inc. Nautilus is the first company to explore the ocean floor for polymetallic seafloor massive sulphide […]

  • 14 March 2014
    Business & Finance, Research & Development

    The National Oceanography Centre (NOC) has been awarded €1.8 million to study massive sulphide deposits on the floor of the Atlantic Ocean, three kilometres beneath the surface. The research is part of a wider, international programme to assess seafloor mineral resources that has received €10 million funding from the European Commission. A new frontier for […]

  • 27 August 2015
    Business & Finance, Equipment, Technology

    OceanflORE, a joint venture between Royal IHC and DEME, will be present at the Asia-Pacific Deep Sea Mining Summit in Singapore on 29-30 September. General Manager at OceanflORE, John Feenan, will talk about de-risking offshore mining operations, and highlight OceanflORE’s expertise, cost-per-tonne mining contracts, and affordable and sustainable deep-sea mining solutions. The 4th session and […]

  • 18 September 2014
    Business & Finance, Equipment, Project & Tenders, Technology

    Secretary-General Nii Odunton accompanied by his Deputy and Legal Counsel, Michael Lodge, had the opportunity to visit the Soil Machine Dynamics (SMD) facility in Newcastle upon Tyne on 4 September 2014, to get a look at Nautilus Minerals’ Polymetallic Sulphides Mining Technology. The newly assembled Auxiliary Cutter (AC), is the third and final seafloor production […]

  • 23 February 2012
    Business & Finance, Operations & Maintenance

    Nautilus Minerals Inc confirms it has received formal notification that Teck Resources Limited has elected not to participate in exploration activities in Fijian waters under a regional area of interest agreement signed in December 2007. In August 2011 Nautilus became the first private sector organisation to be granted offshore exploration licences in Fiji covering a […]

  • 14 September 2015
    Business & Finance

    The Asia-Pacific Deep Sea Mining Summit will be held at the Sands Convention Center in Singapore on 29-30 September. As the international deep sea mining community move ever closer to mining the deep-ocean floor, industry stakeholders, from developing island nations and ocean regulators to commercial deep sea miners and subsea technology companies, come together annually to […]

  • 18 September 2014
    Business & Finance, Equipment, Operations & Maintenance

    Secretary-General Nii Odunton accompanied by his Deputy and Legal Counsel, Michael Lodge, had the opportunity to visit the Soil Machine Dynamics (SMD) facility in Newcastle upon Tyne to get a look at Nautilus Minerals’ Polymetallic Sulphides Mining Technology. The newly assembled Auxiliary Cutter (AC), is the third and final seafloor production tool (SPT) being built […]

  • 7 April 2015
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders, Research & Development

    Nautilus Minerals has signed a contract with Gardline CGG to provide exploration services for Nautilus’ 2015 program in the Solomon Islands. The vessel MV Duke will be used to generate targets to expand Nautilus’ Seafloor Massive Sulphide (“SMS”) prospect inventory within its 100% owned Solomon Islands exploration licenses. Mike Johnston, Nautilus’ CEO, commented: “We are […]

  • 12 June 2011
    Business & Finance, Operations & Maintenance

      As a result of weak financial market conditions, Nautilus Minerals has decided to withdraw its proposed capital raising. Despite a positive response from investors during marketing of the proposed transaction over the past two weeks, adverse market conditions had meant that it was not in the interests of shareholders for the transaction to proceed. […]

  • 8 May 2012
    Business & Finance, Operations & Maintenance

    Nautilus Minerals Inc. announces the release of its unaudited consolidated financial results for the first quarter ended March 31, 2012 together with Management’s Discussion and Analysis. First quarter 2012 highlights: – Exploration Program commenced in the Bismarck Sea, PNG – Technical Report update released March 23, 2012 – Solwara 1 Project development advances – $129.5 […]

  • 19 September 2012
    Business & Finance, Operations & Maintenance, Research & Development

    Nautilus Minerals announces that its 100% owned subsidiary, Tonga Offshore Mining Limited (“TOML”) confirmed that Golder Associates Pty Ltd., (“Golder”) has completed a maiden Mineral Resource estimate for TOML’s Clarion-Clipperton Fracture Zone (“CCZ”) polymetallic nodule project, located within the Central Pacific Ocean. The Inferred Mineral Resource has been reported at a range of abundance cut-offs. […]

  • 29 July 2015
    Equipment, Project & Tenders

    Nautilus Minerals announces that contract for the detailed design of the Solwara 1 dewatering plant to be used on the Company’s Production Support Vessel has been awarded to the Brisbane office of the DRA Group. Mike Johnston, Nautilus’ CEO, commented, “The Project team has been working closely with DRA for several years on studies and […]

  • 21 January 2016
    Research & Development

    Nordic Mining has announced the start of MarMine, the first comprehensive research program in Norway with focus on the resource potential and technological aspects related to seabed minerals and mining. MarMine is coordinated by the Norwegian University of Science and Technology (NTNU) and has been granted approximately NOK 25 million from the Norwegian Research Council. […]

  • 7 October 2011
    Business & Finance, Operations & Maintenance

    Nautilus Minerals Inc has received gross proceeds of C$27.6 million from the issue of the second tranche of shares forming the final part of the private placement announced in August. A total of 10,940,004 shares was issued today in the second tranche at the issue price of C$2.52 per share. The shares formed part of […]

  • 17 February 2013
    Business & Finance

    1. Demand for ROVs to Increase in 2013 (UK) Visiongain’s analysis indicates that the global market for remotely operated vehicles (ROVs) in the oil & gas industry will reach a value of $2.46bn in 2013. The sector will experience strong growth over the forecast period as increasing expenditure in the deepwater and subsea construction markets […]

  • 9 September 2011
    Business & Finance, Operations & Maintenance

      Nautilus Minerals Inc has received gross proceeds of C$70.5 million from the issue of the first tranche of shares forming part of the recently announced private placement. A total of 27,987,853 shares were issued today in the first tranche at an issue price of C$2.52 per share. The shares formed part of a total […]