China Leading the Deep Sea Mining Race
the value of the ore at a point of extraction ... The middle range is 4% to 6% ad valorem royalty, potentially increasing over time," Lodge said.If the rules are approved, it could take about two to three years to obtain permits to start deep sea mining under the current draft, Lodge said.Canadian Nautilus Minerals had tried to mine underwater mounds for copper and gold in the national waters off Papua New Guinea, but it run out of money and had to file for creditor protection earlier this year.This has not deterred others, such as Global Sea Mineral Resources (GSR), a unit of Belgian group DEME,
Sunken Japanese Carrier Discovered
below the surface of the Central Pacific by the crew of R/V Petrel.IJN Kaga, part of the six-fleet carrier that launched planes that attacked Pearl Harbor in 1941, was scuttled by the Japanese on June 4, 1942 after being attacked by approximately 30 dive bombers and two torpedoes launched by the USS Nautilus. After efforts to keep the ship alive, the remaining crew realized the damage was beyond repair, and the escorting destroyer Hagikaze launched two torpedoes at the ship to effectively scuttle it. Of the crew members on board, 814 were killed as a result of the battle.Along with Kaga, three other
#Oi2020 History
Commencing operation in 2000, NOAA’s remotely operated vehicle Argus typically works in tandem with another “workhorse” ROV known as Hercules. As a “tow sled” designation, Argus is suspended at the end of a steel-armored fiber-optic cable that is tethered to NOAA’s E/V Nautilus at the sea surface. Because Argus lacks a buoyancy module and is built of heavy stainless steel, its movements are controlled by moving the ship or raising and lowering the cable. A short 100-foot tether connects Hercules to Argus. By keeping the tether between Argus and Hercules slack, Argus can
Subsea Mining: The Next Big Thing for UUVs
whole gamut of mining-support tasks.High-stakes opsSome high-capital mining and subsea players have already surged ahead, if mostly in the dredging of coastal zones. Earlier out than Norway, Papua New Guinea, Japan and the Cooke Islands have created rules to govern this nascent industry.Toronto-listed Nautilus Minerals is deeply involved in the Bismarck Sea project, Solwara 1, where the world’s first, large-scale, deep-sea mining project at depths of 1,600 meters targets copper that’s nearly 14 times richer than that found on land. A large new vessel is being built for an undertaking that&rsquo
Exploring Deep-seafloor Mineral Deposits
and its surrounding environment.This project forms part of the NOC’s ongoing research into seafloor resources and is a collaboration with the British Geological Survey (BGS), the Universities of Southampton, Cardiff and Leeds, Memorial University in Canada, as well as Oxford Museum, GEOMAR, Nautilus Minerals, VNIIOkeangeologia from Russia, and SMD Ltd
India Plans Deep Dive for Seabed Minerals
allows India to explore an area in the Indian Ocean of 75,000 square kilometers (about 29,000 square miles), equal to roughly 2 percent of the country's size.Moon, Mars... and the OceanOnce thought to be too costly and difficult, industrial-scale sea mining could begin as early as 2019.Canada's Nautilus Minerals is on track to become the first company to start operations, which it plans to launch near the Pacific island nation of Papua New Guinea, according to a company statement.All countries are as yet in the experimental or exploratory phase, and the ISA is still hammering out regulation and
Nautilus Minerals to Acquire Production Support Vessel
The underwater mineral exploration company headquartered in Toronto Nautilus Minerals Inc. is currently negotiating the terms of an agreement with arm's length third parties that would involve the creation of a new joint venture company - Vessel JV - to be owned by the third parties and Nautilus’ subsidiary, Nautilus Minerals Niugini Limited (NMN).The purpose of the Vessel JV would be to fund the acquisition of the Production Support Vessel (PSV) that Nautilus had previously arranged to be procured through MAC Goliath Pte Ltd (MAC) and the integration costs of installing the mining equipment
China Plumbs Ocean Depths for Cobalt
Supply Service said in an email. "Production is a few years away."Miner-trader Glencore has a stake in DeepGreen which would eventually give Glencore 50 percent of any copper and nickel output.Glencore declined to comment and DeepGreen had no immediate comment.So far only Canadian-listed firm Nautilus Minerals has gone beyond the exploration stage to try and mine off the coast of Papua New Guinea, for copper, gold and silver, but it been slowed by funding issues and local opposition.Anglo American sold its 4 percent stake in Nautilus in May, as part of efforts to retain only its most profitable
UFRJ Nautilus: A Brazilian AUV Project
The UFRJ Nautilus AUV is an academic project designed to develop autonomous underwater vehicle (AUV) technology in Brazil and participate in the annual Robosub competition. According to project founder, Lucas Armand, a Naval and Ocean Engineering graduate from the Federal University of Rio de Janeiro (UFRJ), the emergence of Nautilus has a lot to do with personal history: “I was having a difficult time in college, because I no longer identified myself with the course. The UFRJ Naval Engineering degree tends to be quite traditional – sometimes even old-fashioned – and I’ve
Greensea Names Yopak Applications Engineer, Service Manager
Greensea, creator of OPENSEA, the universal open software architecture for the marine industry, has appointed Regina Yopak as Applications Engineer, Service Manager.Yopak comes to Greensea with extensive at-sea experience having spent several tours as Lead Navigator and Mapping Specialist on board E/V Nautilus for the Ocean Exploration Trust. In addition to her offshore experience, she holds a Bachelor of Science degree in Physics and Environmental Science, and a Master of Science degree in Ocean Engineering from the University of Rhode Island.In her new role, Yopak will work as a bridge between Greensea
