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The PNG National Court rejected Mineral Resources Authority’s (MRA) attempt to dismiss Solwara 1 deep sea mining case

Alliance of Solwara Warriors PNG’s approach to deep sea mining is ‘chaotic and uncoordinated’, all licences must be cancelled MEDIA RELEASE | Thursday 10 September 2020 PAPUA NEW GUINEA | Local communities across the Bismarck and Solomon Seas are concerned that the PNG Government is s

Nautilus Minerals officially sinks, shares still trading Mining.com | Amanda Stutt | 26 November 2019 Nautilus Minerals, one of the world’s first seafloor miners, officially went bankrupt this week, its court-appointed monitor, Price Waterhouse Cooper reported. Nautilus filed for prot

Moratorium on DSM welcomed but more courage required of PM Marape: PNG citizens call for a full ban on seabed mining

Nautilus emerges, barely alive and impotent: just can’t get that deep sea mining project up In a court appointed meeting today in Canada the creditors of Nautilus Minerals voted to effectively liquidate the company.  The two main shareholders – MB Holding and Metalloinvest

NAUTILUS SEEKS FINANCIAL PROTECTION Key players looked after at the expense of small shareholders and Papua New Guinea   On 11 March 2019, Nautilus Minerals Inc. took the next step in its bankruptcy proceedings, seeking court protection from creditors under the Canadian Companies̵