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The chemical composition of the nodules varies with the type of manganese minerals and the size and characteristics of their nucleus, but those who have an economic interest have the following composition: Mn 29%, Fe 6% Si 5%, Al 3%, Ni 1.4%, Cu 1.3%, Co 0.25%, Na 1.5%, Ca 1.5%, Mg 0.5%, K 0.5%, Ti 0.2 0.2% and Ba 0.2% (Morgan, 2000; ISA, 2002). The Pacific Rim is an area of abundant occurrence of polymetallic nodules (Glasby et al., 1980; Morgan, 2000). According to these authors, the Pacific sea floor of the Clarion-Clipperton Zone (CCZ) is one of the most interesting areas in regard to the genesis of polymetallic nodules. Their abundance in the ocean floor is very variable, as there are places where they cover more than 70% of the ocean floor. The nodules can be found at any depth, but the highest concentrations are between 4000 and 6000m (Morgan et al., 1993). In studies conducted in the EEZ of the Mexican Pacific are those made within the project "Research on the origin, process and distribution of minerals in the Pacific ocean floor in the Exclusive Economic Zone of Mexico". Within this project Rosales (1989) conducted studies on the origin, process and distribution of polymetallic nodules, finding that a number of processes give origin to nodules, being diagenesis one of the main mechanisms of elements that contribute to the nodules. Besides hydrothermal processes that are carried near the East Pacific Rise at 21° N, inputs are contributing to the nodules metallic elements and sediments, especially in regions close to the dorsal, as a greater influence hydrogenetic processes occurs westward (Rosales and Carranza, 1990). In 1993, after cruise MIMAR II, Carranza and Rosales refer that metals such as Cu, Co, Ni, Sn, Fe, Mg, Pb, Zn and Ba may have a relationship with the East Pacific hydrothermal activity and sea currents carry these metals in solution to the Clarion-Clipperton fracture area, where there are hydrogenic metals sources (Al, Fe and Mn).

Jan 1, 2011

By S. C. W. de Jong, E. de Hoog, J. M. van Wijk, S. J. Dasselaar

Introduction Technology development for sustainable, safe, reliable and efficient mining of polymetallic nodules in the deep seas requires careful design, thorough understanding and integrated testing of all equipment, physical processes and (sub) systems involved (Dasselaar et al [1]). Proceeding from Vertical Transport System (VTS) experiments at IHC laboratory scale by Van Wijk [2], with typical system dimensions of several meters, to prototype or pilot scale testing with typical dimensions of several kilometers, is a giant leap. Naturally, intermediate steps are required in order to mitigate the possible risks in the full-scale system’s (physical) processes. Within the EU program Blue Mining (2014-2018), possibilities emerged for performing experiments at intermediate scale: the so-called medium-scale vertical slurry experiments. Near Freiberg, Germany, the village Halsbrücke possesses a 140 meter deep empty vertical mine shaft, perfectly suited for housing the test setup. For this purpose, a 318 meter long 145 mm pipeline circuit was constructed, including both a 130 meter high vertical riser and fall pipe section. A purpose-built sediment injection and separation system was deployed, including a 55 kW centrifugal pump. The riser section has been equipped with sensors capturing pressure, temperature, flow velocity, volumetric concentration and flow visualization. The planning, modification and construction of the test facility site itself is described by Müller et al [3]. The present paper describes the objectives, experimental program, equipment, and the preliminary results. Publications on in-depth results are foreseen in the (near) future.

Jan 1, 2018

By H. Shimoda, K. Tamaki, K. Iizasa, M. Watanabe, K. Okamura

Modern Kuroko-type deposits occur in submarine calderas of island-arc fronts and back-arc rifts in Japan. They occur primarily on or adjacent to caldera boundary faults. Hydrothermal sulfides in the Myojinsho submarine caldera are one of Kuroko-type deposits, but their occurrence is different from other deposits found within the area 200 km2 around the Quaternary volcanic front of Izu-Ogasawara arc.

Aug 24, 2006

The chemical composition of the nodules varies with the type of manganese minerals and the size and characteristics of their nucleus, but those who have an economic interest have the following composition: Mn 29%, Fe 6% Si 5%, Al 3%, Ni 1.4%, Cu 1.3%, Co 0.25%, Na 1.5%, Ca 1.5%, Mg 0.5%, K 0.5%, Ti 0.2 0.2% and Ba 0.2% (Morgan, 2000; ISA, 2002). The Pacific Rim is an area of abundant occurrence of polymetallic nodules (Glasby et al., 1980; Morgan, 2000). According to these authors, the Pacific sea floor of the Clarion-Clipperton Zone (CCZ) is one of the most interesting areas in regard to the genesis of polymetallic nodules. Their abundance in the ocean floor is very variable, as there are places where they cover more than 70% of the ocean floor. The nodules can be found at any depth, but the highest concentrations are between 4000 and 6000m (Morgan et al., 1993). In studies conducted in the EEZ of the Mexican Pacific are those made within the project "Research on the origin, process and distribution of minerals in the Pacific ocean floor in the Exclusive Economic Zone of Mexico". Within this project Rosales (1989) conducted studies on the origin, process and distribution of polymetallic nodules, finding that a number of processes give origin to nodules, being diagenesis one of the main mechanisms of elements that contribute to the nodules. Besides hydrothermal processes that are carried near the East Pacific Rise at 21° N, inputs are contributing to the nodules metallic elements and sediments, especially in regions close to the dorsal, as a greater influence hydrogenetic processes occurs westward (Rosales and Carranza, 1990). In 1993, after cruise MIMAR II, Carranza and Rosales refer that metals such as Cu, Co, Ni, Sn, Fe, Mg, Pb, Zn and Ba may have a relationship with the East Pacific hydrothermal activity and sea currents carry these metals in solution to the Clarion-Clipperton fracture area, where there are hydrogenic metals sources (Al, Fe and Mn). As result of chemical analysis of Mn, Cu, Ni and Co, polymetallic nodules observed in part of the EEZ of Mexico are possible of potential economic interest (Rosales and Carranza, 1990, 2001; Carranza and Rosales, 2003).

Sep 14, 2011

By Nobuyuki Okamoto

The 21-year long-term Japan-SOPAC Cooperative Deep-sea Mineral Resources Study Programme was completed in March 2006. The Programme, which commenced in 1985, has seen numerous marine research surveys being conducted within the Exclusive Economic Zones (EEZs) of 12 SOPAC member countries (Figure 1). The various research and government institutions that have been closely involved in this longstanding Programme include: the Japan International Cooperation Agency (JICA); Japan Oil, Gas and Metals National Corporation (JOGMEC) (formerly, the Metal Mining Agency of Japan, MMAJ) and relevant ministries of the participating Pacific Island governments.

Sep 24, 2006

By Tracy Shimmield

Deep sea tailings placement (DSTP) techniques have been pioneered in Papua New Guinea (PNG): a mining reliant economy in a seismically active region, facing major environmental challenges in the safe handling and storage of mine tailings on land. Scientists at SAMS have researched impacts of DSTP on the marine environment specifically to inform and develop guidelines for the use of DSTP to reduce environmental impact, thereby lowering risk and increasing private sector investment. Guidelines have been established as regulation by the PNG Government providing reassurance to private investors, facilitating an increase in mining exports to 60% of total export. Researchers investigated the effects of DSTP at 2 PNG mines: Lihir Gold Mine which has been actively discharging tailings since 1996 and Misima Mine, closed in 2004 after discharging tailings for 15 years, allowing an assessment of the recovery of the marine environment after tailings placement. Research involved investigating ocean currents and mixing, the behaviour of metals and the effect of tailings on benthic communities including the risk of elevated metal contents entering the food chain. The research established a metal ?fingerprint? of tailings compared to natural sediments, which enabled the transport of fine tailings within the deep ocean to be ascertained.

Sep 14, 2011

By Richard H. T. Garnett

On the western continental shelf of southern Africa diamonds derived from onshore sources are concentrated in gravels within drowned terrestrial and marine geomorphological features. First discovered offshore in the late 1950's, they are known to exist for about 1400 km along the Namibian and South African coast in water depths of up to 200 m. Shallow water operations yielded 1.5 Mct during the decade ending 1970 when De Beers acquired a majority of the offshore leases and commenced a 15 year exploration program. Deeper water and the prevailing sea conditions required the development of new, unique, marine mining equipment. The first large scale mining production of 22 kct was achieved by De Beers in 1989 with an output of 22 kct. Annual marine output from all sources now exceeds 0.6 Mct worth some US.$ 170 M, and rising to 0.7-0.8 Mct for 1998. Exploration has also been taking place in the waters of West Africa, Australia, and Indonesia. Exploration is by means of high resolution geophysics followed by sampling using a variety of drills, airlifts and seabed-mounted machines which imitate the eventual mining process. Surveying is now probing depths of 500 m. Smaller scale mining by several junior companies has traditionally involved diving and airlift systems. Increasingly, however, they are adopting different and improved techniques which to date have been employed only by De Beers Marine as contractor to Namdeb. Marine exploration and unit mining costs are high compared to those applicable to alluvial deposits onshore. By 1996 the total development costs incurred by De Beers alone reportedly had exceeded US.$ 500 M. However, the financial rewards are commen-surate because of the higher recovered grades. The operations are not without risk for the total of nearly 10 large and medium scale production vessels deployed by various organisations. The greatest shortfalls are experienced in the estimated throughput, not the grade.

Jan 1, 1998

By Pia-Maria Haselberger, Marc Schiemann, Christian Frühling, Nicolas Richter, Hendrik Wehner, Andreas Kaschube

"The paper provides the principle considerations for a novel vehicle class within the scope of the project Large Modifiable Underwater Mothership (MUM). The main idea for these ships is to create a highly modular building block system for the global layout. This building block system allows for a mission-dependent module assembly. For the purpose of deep sea mining for example, the range of tasks reaches from multipurpose transportation and exploration missions to supporting tasks in up to 5000 m depth, e.g. energy supply. Topics covered in this paper are related to potential missions for these vehicles, the modular layout and the structural layout of a separate block module. The paper closes with a conceptual design example for this class.Index Terms—MUM, UUV, underwater mother ship, autonomous underwater vehicle, modular, deep sea, conceptual designI. INTRODUCTIONAs one of the leading economic nations, Germany is in need of energy and raw materials. In the 21st century, marine resources are a prominent and promising alternative to land based resources. However, there are challenges that need to be considered. Rough and often poorly plannable weather conditions prevail distant to the marginal seas. Ice coverage makes offshore services inefficient and costly in Polar Regions. The average ocean depth of 3500m and the associated environment conditions cause difficulties in fulfilling tasks in the deep sea. The project Large Modifiable Underwater Mothership (MUM) [1] will enable more efficient solutions in order to accomplish undersea duties and services in harsh conditions.This joint project comprises workshares from Atlas Elektronik, EvoLogics, thyssenkrupp Marine Systems, the University of Rostock and the Technische Universität Berlin. The principle idea of the project is the conception of a novel vehicle class. With highly modular autonomous underwater vehicles, this class will be capable of undertaking a variety of different tasks. Classically engineered vehicle structures will be split into single basis modules which can be flexibly assembled with specialized mission modules to form potent systems for individual assignments. The group of basis modules consists of units for navigation, vehicle control, propulsion and energy generation via fuel cell technology. The potential reusability of system relevant modules leads to a significant cost reduction and to shortened development periods compared with conventional vehicle concepts. The integration of newly designed additional mission modules is possible with little effort and a separate commercialization of single modules is feasible."

Jan 1, 2017

By Thomas Pichler

In the past marine mining technology has focused on bulk mining of base metals from polymetallic massive sulfides. This has not been very successful because of the relatively low unit value of these metals and other reasons such as water depth, etc.. The process of gold enrichment in hydrothermal deposits is controlled through five different factors: (1) nature and source of the solution, (2) source of the gold, (3) a mechanism for mobilizing and transporting, (4) a mechanism for deposition, and (5) a mechanism to preserve the deposit. Gold has been identified in marine polymetallic massive sulfides from various locations on the ocean floor (e.g., spreading centers, seamounts) with contents ranging up to 5 ppm Au. This is within the current range of 1.0 to 7.0 ppm gold content which classifies gold ores. The gold appears to have been derived during hydrothermal alteration of the oceanic crust. Until the present there has been little attention to the possibility of mining gold or other precious metals in the marine environment. However, the magnitude of hydrothermal alteration (seawater can penetrates to a depth of 5 km into the oceanic crust) and primary gold contents of the rocks in the pathway of the fluid indicates that major gold deposits must have formed on or in the ocean floor, but they have not been found. To find a big deposit might only take an exploration model exclusively designed for gold exploration on the ocean floor.

Jan 1, 1993

By Alexander Malahoff

Six active Kermadec arc submarine volcanoes located between 34°S and 36°30’S were mapped and sampled by an interdisciplinary inter-institutional research team between April and July 2005 using submersibles Pisces V and Pisces IV aboard the mother ship the R/V Ka’imikai-o-Kanaloa. The purpose of the expedition was to study the relationship between hydrothermal activity, formation of hydrothermal mineral deposits, and the biodiversity of life associated with the hydrothermal vents. Of the volcanoes examined, all showed evidence of hydrothermal activity, including metal-rich plumes and helium anomalies. Only two of the volcanoes, namely Brothers and Clark, showed chimneys and surficial polymetallic sulfide deposition. Hydrothermal venting at a water depth of approximately 1,650 meters near the base of the northwest caldera wall of Brothers volcano has produced a field of chimneys, some of them seven metres high and discharging black smoker venting. Temperatures up to 300°C were measured from the active vents. Clark volcano has a double cone summit at a water depth of 875 meters. The shallowest cone has a near-summit hydrothermal vent field with five-meter tall venting chimneys with smaller structures around the periphery.

Aug 24, 2006

By Fernando J. A. S. Barriga

Exploration for active seafloor hydrothermal vent fields has been highly successful, and more than 300 such fields have been discovered to date. Some will most probably be mined, given their high metal grades (Cu, Zn, Au and others). However, the current practice detects active systems, and activity rates, not the size of the deposits. This strategy may leave undetected some of the best targets, for several reasons as follows: 1. Large hydrothermal plumes are a measure of dispersion of ore components, not of efficiency in the generation of orebodies; 2. Deposits formed a few hundred years (or more) before present will generally have ceased their activity and will not be detected by plume studies; 3. Deposits formed under a cover rock (up to a few meters of sediments, volcaniclastics, or the like) may exhibit only minor seafloor hydrothermal activity, possibly diffuse flow. Cover rocks will often host hanging wall rock alteration, expressed in geochemical and mineralogical haloes. It has been demonstrated in many instances, especially for deposits formed in the geological past, now exposed on land, that ore genesis under a cover rock is one of the most suitable processes for generating large massive sulfide deposits. One of the great challenges for submarine resource knowledge will be to develop adequate exploration strategies for sizeable orebodies, not necessarily hydrothermal vent fields, sometimes hidden under a cover rock.

Jan 1, 2011

By U. Schwarz-Schampera, P. Stoffers

The main characteristics of the 2545 km Tonga-Kermadec subduction system are the subduction of the Pacific Plate and its sedimentary cover in the Tonga-Kermadec trench and the extension and rifting of the lithosphere behind the active island arc in the Lau basin - Havre Trough back-arc systems. The subduction of the Louisville Seamount chain at 25.6°S affects the tectonic and volcanic system and separates the island arc into the Tonga arc and the Kermadec arc, respectively. To the west, a Miocene island arc is represented by the Lau-Colville ridge. The crustal extension between the Lau-Colville and the Tonga-Kermadec ridge started at about 6 Ma, and induced their separation and the onset of the southward rifting since about 5 Ma. Characteristics of the Tonga-Kermadec arc system include (i) the fourthfold decrease of the subduction rate from 24 cm/a in northern Tonga to 6 cm/a in the southern Kermadec trench, mainly north of 23.5°S; (ii) the development from fast spreading in the Lau basin (16 cm/a) to slow rifting (2 cm/a) in the southern Havre Trough with the transition from spreading to rifting at 23.5°S; (iii) variations in the composition and the volume of the subducting sediments and rocks (detritus from the Samoan hotspot at the northern Tonga arc; the aseismic Louisville ridge at the southern Tonga arc; increasing terrigenous sediments from New Zealand at the southern Kermadec arc); (iv) a number of active volcanic centers younger than 1 Ma and characterized by significant shallow submarine hydrothermal systems.

Aug 24, 2006

By John Halkyard

Deep ocean mining is experiencing a rebirth following many years of low levels of activity. Large scale mining is being projected as just over the horizon. A lot has been made of the advances in deep water oil and gas developments over the last thirty years, and how this technology is directly applicable to ocean mining. The authors present their views on this from a perspective of a legacy of participating in the development of manganese nodule mining systems in the 1970s, followed by thirty years in the deepwater oil & gas arena. While it is true that great advances have been made in subsea technology, the differences between mining and oil and gas recovery should not be diminished. Fundamentally, oil and gas are stored in compact reservoirs under pressure. Any intervention leads to flow of the material up a pipe to the surface. The seabed hard minerals are stuck in place, either adhering to sticky pelagic sediment (nodules) or bonded together as hard rock (massive sulfides). The minerals require complex machinery in order to be extracted, sized, concentrated and lifted to the surface. Once at the surface the ore must be dewatered, de-fined and transferred to shore for processing. The overflow from this dewatered product must return to the sea in an environmentally satisfactory manner. These steps involve technology unique to mining that has to be addressed in a methodical fashion before commercial mining systems can be designed. The presentation will discuss the critical technical challenges of deepsea mining and thoughts on different routes to commercialization. The program will address the critical technical challenges, as perceived by the authors, and steps required to address them. Alternate development programs will be discussed focusing on nodules and sulfide. Keywords: manganese nodules, polymetallic sulfides, ocean mining

Jan 1, 2011

By Kyung-Ho Park

The smelting leaching process is known as one of the most favorite methods for the processing of deep-sea manganese nodules because of its smaller environmental impact and easiness of manganese recovery. The sulphuric acid pressure leaching of the matte prepared from deep-sea manganese nodules was studied to dissolve the valuable metals. Almost complete dissolution of Cu, Ni, and Co from matte was achieved under the following conditions: leaching temperature 180°C, time 4 hours, PO2 10 kgs/cm2, acid concentration 2.5% (vol/vol), pulp density 5%, ammonium sulphate 40 g/l. Under these conditions the iron concentration of leach liquor was 0.95 g/l. Optimization of leaching parameters was carried out by statistical design of experiments using 23 full factorial matrix. The linear and interaction co-efficients were evaluated for dissolution of metal values and also for iron concentration in leach liquors.

Jan 1, 2003

By Patrick J. C. Ryall

Remotely control led drills capable of being lowered to the sea-floor from ordinary research vessels have been developed over the past two decades. These drills are currently being used in geological survey programmes on the continental shelves (Canada, Japan, Norway, United Kingdom) and for studies of mid-ocean ridges. Generally the drills fall into two categories: 1) those which are powered from the surface and controlled by an operator, and 2) those which are battery powered and follow an automatic programme. Some drills have a television camera mounted on them sending a picture to the surface as an aid to site selection and geological interpretation. Typically the drills are capable of drilling a core 2.5 - 5 cm diameter up to 10 m long. While most of these drills are designed for <1000 m depth, some can drill in water depths of as much as 3500 m.

Jan 1, 1985

By John Parianos, Simon Richards

SUMMARY The Clarion Clipperton Zone (CCZ) hosts the most valuable deposit of polymetallic nodules yet discovered. Understanding the geology of this deposit is key to its effective exploration and mining. Nautilus Minerals (via its subsidiary Tonga Offshore Mining Limited; TOML) has been progressing its understanding of the relationship between seafloor morphology/structure and nodule abundance/morphology, both locally (within its contract areas), and globally (across the CCZ and the span of its contract areas of almost 70% of the CCZ). We present the first results of a project with the aim of developing a method to quickly and accurately map seafloor morphology/structure (Tectonic Subcomponent scale) without the necessity for high resolution seafloor multibeam data. Furthermore, the results presented here will allow a first attempt in understanding the relationship between seafloor geomorphologically-defined zones and plate-scale tectonics of the CCZ and adjacent plate segments. INTRODUCTION A relationship between the type of geochemical active layer and nodule abundance/morphology has long been understood (ISA, 2010). Consideration of the range of differing nodule types found within, but especially between, the TOML contract areas allowed Parianos and Pomee (2017) to refine this relationship further via interpreted thickness and dynamism of the geochemically active layer. The scale of the deposit, both in terms of space and time is staggering (a 10-20 cm thick deposit, spanning almost 4500 km, varying within a circa 10 Ma period), but a segment wide geological map may one day prove to reflect controls on nodule formation and distribution.

Jan 1, 2018

By H. Oda, L. E. Fong, K. K. McBride, B. P. Weiss, F. J. Baudenbacher, A. Usui

Fine-scale dating is a key parameter in characterizing the growth history of hydrogenetic ferromanganese crusts. We once compared several dating methods, micropaleontological (calcareous nanofossil), radiometric (10/9Be), and paleomagnetic (step-wise measured inclination) methods on single samples, but these independent methods were not consistent with each other (Joshima & Usui, 1999). For example, a 4-cm thick crust was dated as 3Ma by the fossil-paleomagnetic combined method, while it dated older than 5.5 Ma by Be-10 dating. This discrepancy suggests a question if the Be-10 radiometric method can give us false ages or growth rates (Usui et al., 2002) because of post-depositional change, diffusion or other reasons. In order to answer the question, we conducted ultra-fine magnetostratigraphy with a SQUID microscope on the same hydrogenetic Mn crust sample. Rock magnetic measurements revealed that the main magnetic mineral is well dispersed single domain grains, which is typical to magnetite but not yet specified (Oda, 2005).

Aug 24, 2006

By Timm Schoening, Greinert. Jens, Iason –. Zois Gazis

"Ferromanganese nodules are again of interest because of their high concentrations of Ni, Co, Cu as well as REE. With regards to an operational underwater mining industry, one of the main questions and important requests is to finding a method that can predict the abundance of nodules with high accuracy within reasonable time spans, without many requirements for ground truth data; and all these on an operational scale and ideally automated. In this regard, we present results of a study based on the combination of highresolution multibeam and optical data acquired by an AUV using specific machine learning techniques to reveal a detailed distribution of the Mn-nodules in correlation to the seafloor terrain. The accuracy of the method employed and results gained were validated and approved through comprehensive statistical analysis and by comparison to box-core data.Study AreaOur study area (AUV survey block G77) is located in the Clarion-Clipperton Zone (CCZ) (Eastern Central Pacific Ocean), an area that has been receiving international research and industrial attention for many years already (e.g. McKelvey et al., 1979; Bernhard and Blissenbach, 1988, von Stackelberg and Beiersdorf, 1991, Jeong et al. 1996). Block G77 covers an area of 9.5km2 in a depth between -4478m and -4536m. The area is characterised by gentle slopes 0-5° (0-3° in most of the area and only in the outer parts of the Block slopes can exceed 5°). The seafloor is characterised by moderate to low rugosity, the only exception being a small area in the eastern part, where sub-recent smallscale volcanic activity created 15 cone-shaped morphological features of up to 55m height and 150m width that are clustered in an area of 700 x 380m (Figure 1)."

Jan 1, 2017

By T. Yamazaki, R. Arai, N. Nakatani, K. Kuroda

"These 40 years, deep-sea mining for manganese nodules, cobalt-rich manganese crusts, and seafloor massive sulfides has been continuously business and R&D targets. The economy is the most important factor for realizing the venture. Some technological options to increase the economy of deep-sea mining are introduced. They are a mechanical lift, waste rejections on seafloor, a substrate recovery as byproduct, and a pulp lift. An example application of one of the options is economically examined. Not only the same type examinations but also some technological clarifications of the options in detail are necessary.BACKGROUNDManganese nodules (nodule), seafloor massive sulfides (SMS), and cobalt-rich manganese crusts (crust) have been well recognized as future metal sources these 40 years. Among them, the nodule was the first recognized ones. The mining technologies for the deep-sea mineral resources, therefore, have been mainly developed in the major R&D projects for the nodule.The mining systems considered were shuttle miner, continuous line bucket (CLB), and hydraulic dredge ones. The shuttle miner system studied by France was a kind of basic study for autonomous underwater vehicle. The CLB system was an effective approach for a small scale and less investment cost mining (Masuda and Cruickshank, 1995). However, both were considered not effective for a bulk scale production rate mining such as 1.5 million tons per year in dry weight. In the hydraulic dredge system, a steel-pipe and flexible-hose conduit for nodule transportation named “pipestring” and a hydraulic pumpup instrument for creation of upward water flow in the pipestring named “pump-lift” or “air-lift” were adapted and developed. Hence, the hydraulic dredge system became the main stream in the mining system."

Jan 1, 2017

By John Parianos

"Seafloor mining provides significant potential economic benefits for many Pacific nations that may be “land poor” but “coastline rich,” meaning they have the potential to utilize and profit from the mineral wealth within their Exclusive Economic Zones that extend 200 nautical miles (360 km) out from their coastlines. Within international waters, mineral wealth is the “Common Heritage of Mankind” with additional benefits for sponsoring states and their people.The Solwara 1 Project build continues with significant progress over the last twelve months. The Seafloor Production Tools (SPTs), Subsea Slurry Lift Pump, riser pipe, launch and recovery systems and winches are now complete with delivery to test facilities and the vessel ongoing. Recent focus has been on submerged trials for the SPTs, but the vessel build continues to progress to schedule. Nautilus appreciates the great support thus far from our all our stakeholders.Our focus is to develop the world's first commercial high grade seafloor copper-gold project in an environmentally and socially responsible manner and to launch the deepwater seafloor resource production industry.Nautilus’s marine research continues, including a 3.5-month series of exploration cruises for Seafloor Massive Sulphides in the Bismarck Sea, as well as fabrication of purpose designed exploration equipment."

Jan 1, 2017