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Nautilus Minerals Inc. was a Canadian deep sea exploration and mining company founded in 1997, and listed on the Toronto Stock Exchange between 2007 and 2019. The company was known for Solwara-1, the first deep sea mining project, an attempt to explore and mine a mineral deposit on the seabed off the coast of Papua New Guinea. [1]
Nautilus Minerals is a company that provides geological exploration, project acquisition, process optimization, and mining and quarrying services. It uses advanced techniques and data-driven analysis to craft excellence with precision in the resource industry.
Nov 26, 2019 · Nautilus Minerals, one of the world’s first seafloor miners, failed to restructure and was liquidated in 2019. The company left the Papua New Guinea government with a huge debt and the Solwara 1 project, a deep sea gold, copper and silver project, in uncertainty.
Nautilus Minerals, the first commercial entity to explore seafloor massive sulphides, has sold off its nodule rights and faces uncertainty over its Solwara I project in Papua New Guinea. The company still owns the only tested seafloor production tools and patents for deep-sea mining technologies.
Aug 13, 2019 · Struggling Nautilus Minerals, one of the world’s first companies to plan on mining the seafloor, will soon join a long list of companies that have failed at attempts to extract minerals in ...
Nov 11, 2015 · Construction of the world’s first deep-sea mining machines has been completed, helping . Nautilus Minerals’ plans to mine the Pacific Ocean seabed for copper and gold.
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