Search Documents

By Samantha Smith

Nautilus Minerals (Nautilus) is following the lead of the petroleum industry as it strives to tap vast offshore resources. Planning is well underway for the Solwara 1 Project in the Bismarck Sea, Papua New Guinea (PNG) to recover high-grade seafloor massive sulphide deposits in 1600 m water depth. The deposit contains an average copper grade >10 times higher than a typical land-based porphyry copper mine. The high grades combined with a relatively small amount of overburden ensure the Solwara 1 Project will have a significantly smaller physical footprint than its land-based counterparts. Offshore minerals production also has the advantage of minimal social disturbance. Nautilus is dedicated to setting a high environmental and social responsibility standard. Nautilus recognises the importance of transparent and inclusive stakeholder engagement and has taken a proactive approach to involve as many key stakeholders as possible. One of the first steps in the permitting process in PNG is the preparation of the Environmental Inception Report, which describes the project, its envisaged impacts and the proposed studies for the Environmental Impact Assessment (EIA). Local (PNG-based) and international environmental scientists, anthropologists, NGOs and other experts were involved in the definition of studies conducted for the Solwara 1 EIA and a team of world-leading experts was involved with carrying out the studies, culminating in the preparation of the Environmental Impact Statement (EIS). To ensure transparency, collaborating researchers are free to publish their findings. Following its submission, the EIS was made available for public review and public hearings were held at several locations. The EIS has also undergone a rigorous independent review by PNG government-engaged consultants. Outside the permitting process, Nautilus works alongside government officials to carry out ongoing community consultations. Information dissemination and feedback acquisition has also occurred through the Nautilus website and attendance at a number of international conferences, workshops, and meetings. This paper will outline the leading edge approach Nautilus has taken in completing the environmental impact statement for the world?s first deep seafloor copper-gold mine. In addition, this paper will review the permitting process and the government and stakeholder engagement undertaken as part of Nautilus? desire to ?do it right? in this exciting new industry.

Jan 1, 2010

By Lars-Kristian Trellevik, Jan Arvid Ingulfsen

Swire Seabed is dedicated to being at the forefront of the Autonomous Subsea Revolution. The company is currently working along and developing operational, technical and market strategies where autonomous technology is the driving force. Swire Seabed’s vessel Seabed Constructor is currently mobilized and operating eight Hugin AUVs and 6 Surface going USVs. This significant and revolutionary spread is owned by Ocean Infinity. Ocean Infinity and Swire Seabed is currently involved in the search for the missing MH370 – in about 3 months the vessel and autonomous spread have fine combed an area of deep sea floor spanning over more the 100 000 km2 . With such a considerable spread with a depth rating of 6000 meter – Swire Seabed and Ocean Infinity is challenging long held paradigms in subsea mapping and resource surveys. Highly accurate and precise data can be acquired for large areas in record time, and at a comparatively much reduced cost. As one earlier required several vessels and associated crews and logistical support – Swire Seabed and Ocean infinity are now able to operate a large number of AUVs and USVs, through technological advances in automatic data-processing and interpretation, from a single offshore vessel. This opens up vast possibilities for emerging markets such as subsea-minerals. Swire Seabed is also developing strong collaborative relationships with academic institutions. Along with UIB Swire Seabed is developing methodology for deep sea geological and geophysical resource searches applying AUVs at an industrial scale – this work is based on UIBs groundbreaking work and significant experience in the same fields. In particular Swire Seabed and K.G Jebsen Centre for Deep Sea Research (UIB) have developed methodologies for conducting detailed Seep-Searches at a large geographical scale. UIB and Swire Seabed is further pursuing a formalized long term relationship for academic and industrial cooperation and exchange in AUV operation and methodology development. Whilst K.G Jebsen Centre for deep sea research have been involved in basig deep sea research for years, Swire Seabed have specialized in cost-effective heavy duty operations in water depths greater the 3500 meters. This collaboration affords the subsea mining community a unique pool of both insight and operational capacity.

Jan 1, 2018

By Caleen E. Kilby

A program of surveying and studying the surficial sediments of northern Juan de Fuca Strait was undertaken between 1988 and 199 1. Detrital sediments were mapped from the intertidal zone down to 100 m depth along the slopes of a series of shallow coastal marine terraces. The sand heavy mineral content was examined over this region and sediment geochemistry and assays were performed on selected samples both offshore and from beaches along the coast. The coastline of southwestern Vancouver Island has numerous streams, with a history of small Au placer extraction, which empty into the strait to the south. Only very minor evidence of this was seen in values from isolated locales. However, one beach presented a remarkably different mineralogy and geochemistry from the remainder of the coastline. From the beach to 800 meters offshore heavy mineral contents were greatly elevated and Ti values were as high as 1.4% of the sand fraction. Minerals were relatively fresh and angular, with mineral percents distinctly different than those found elsewhere along this coastline. No stream of substantial size crosses this largely sandy-gravel beach. A series of studies identified the source of this small marine placer as having its origins n the tailings from a submarine pipe broken short in the next bay. A Cu-Au mine 1.5 km upstream, closed by the mid 1970's, had processed its ore underground and piped the crushed tailings to the submarine discharge pipe. The crushed material has been transported and concentrated with the longshore current and been sorted by strong coastal swells. Ilmenite/titanomagnetite from the homblendized basalt of the mine is the source of the Ti enrichment.

Jan 1, 1994

By James R. Hein

Ferromanganese oxyhydroxide crusts (Fe-Mn crusts) precipitate out of cold ambient seawater onto hard-rock surfaces at water depths of about 600-4000 m throughout the ocean basins. Fe-Mn crusts concentrate most elements in the Periodic Table above their mean concentration in the earth's crust (continental plus oceanic crust), except for the major rock-forming oxides and also notably gold and palladium. Tellurium is concentrated greater than any other element relative to its earth's crust mean (about 1 ppb). For example, mean contents of the elements heretofore known to be most enriched in crusts, Mo, Tl, Sb, Co, Mn, Bi, As, Se, and Pb are enriched 100 to 1000 times over their earth's crust mean, whereas the mean Te content in Fe-Mn crusts is enriched about 50,000 times. However, the distribution of Te in the earth is poorly known. Estimates of the mean Te content of the earth's crust range from 0.36 to 10 ppb, with 1 ppb being the most commonly cited mean content (compilations in Levinson, 1974 and Govett, 1983). If we took the highest estimate of 10 ppb, then Te would be enriched in Fe-Mn crusts five times more than the next most enriched element, or 5000 times the estimated maximum mean earth's crust.

Jan 1, 2000

By Jelena Milinovic, Sofia Martins, Anna Lichtschlag, Sven Petersen, Fernando J. A. S. Barriga, Bramley Murton, Adeline Dutrieux

"The active TAG hydrothermal mound is one of the largest and better studied. Due to its size (one of the largest, known so far, in the Atlantic Ocean) and concentration of specific economic valuable elements, it might be considered for future exploitation due the increasing demand for raw materials. However, the discovery of several large inactive sulfide mounds, some partially buried under sediments may relieve this pressure. Exploration for such occurrences can, together with geophysical exploration tools, be accomplished by mineralogical and geochemical studies of those sediments.INTRODUCTION AND GEOLOGICAL SETTINGThis study reports the results from sediment samples collected during the Meteor M127 cruise on the TAG hydrothermal area in 2016. The Trans-Atlantic Geotraverse (TAG) hydrothermal field (Mid-Atlantic Ridge, 26°08’N) is located 2.4 km east of the main rift valley at depths of about 3650 m. The TAG hydrothermal field stands as an example of a massive sulfide deposit on a low-spreading ridge associated with an active detachment fault (Humphris et al., 2015).Associated with the TAG hydrothermal field are metalliferous sediments/deposits that can reach several meters in thickness (Metz et al., 1988). These sediments/deposits can be formed by hydrothermal plume fall out (buoyant and nonbuoyant), massive wasting of hydrothermal edifices (sulfide mounds and chimneys) and authigenic mineralization (Gurvich, 2006). By studying the grain size, mineralogy and geochemistry of the sediments it is possible to identify each type of sediments and find their proximal or distal distribution. The location of the gravity cores studied here is distributed along sediment ponds near inactive hydrothermal mounds [Three mounds area (B)], actively venting low-temperature mound [Shimmering mound (A) and Mir zone (D)] and an area of sediment accumulation [Central area (C)] (Rona et al., 1993) (see Figure 1)."

Jan 1, 2017

By J. Robert Moore

Introductory remarks will be made by the speaker, chiefly on recent and current developments in the industrial, agency and academic sectors that relate to the status of marine mining and mineral exploration programs and to recommendations for strengthening and continuing these programs. Subsequent to these brief comments, a selected panel with representation from industry, academe and government will address the following related topics: 1) development and objectives of new centers for marine mining technology, 2) cooperative R. and D. programs between academe and the user groups, 3) arrangements for specialized training and student instruction that will provide for educational components, and 4) funding and other support for implementing new centers and new programs. The panel discussion will be open to all UMI participants and whose contributions will be both solicited and encouraged.

Jan 1, 1986

By ?. V. Kabanov

n considered operation hydraulic and kinematic circuits of deep-water installation for sampling a ground from a sea-bottom are submitted. Control by setters is made remotely from a service station with the help of a system of telemechanics. Migration of apparatus along a bottom is ensured with the help of force of a response of a jet and Archimedean force. The mathematical exposition of the device composed and computer simulation is Design parameters are defined and static performances are obtained. Operation is in a stage of manufacture of working drawings. There are patents of Russia.

Jan 1, 2005

By Brenda J. Burd

A very extensive spatial and temporal database on benthic infauna and associated sediment metals has been collected for Island Copper Mine on Vancouver Island, B.C. Canada from 1969 (pre-discharge) to 1998 (3 years post-discharge). The tailings deposited as organically impoverished, copper-rich, clays, silts and sands distributed according to particle size, bottom turbidity currents and strong, vertically mixed tidal currents. In addition, a large deposition of coarser waste rock along the north shore of Rupert Inlet contributed substantial material in the shallower, near-field area.

Jan 1, 2001

By Hyun Sub Kim

Subsea mineral deposit exploration aboard the R/V Onnuri was performed along the northern Central Indian Ridge (CIR) between 8°S and 17°S in December 2009 ~ January 2010 (09IR Leg01 and 09IR Leg02) and December 2010~ January 2011 (10IR Leg01, 10IR Leg02, and 10IR Leg03). Final goal of the expedition for the first Korean research cruise on mid ocean ridge system is to define seafloor massive sulfide ore bodies through searching the active hydrothermal vents nearby spreading centers as well as to elucidate the nature of spreading segments of the northern CIR area where no systematic survey have been operated before by mapping and sampling of volcanic rocks. The preliminary result of topographical interpretations of bathymetry clearly display ocean core complex between 10°S and 11°S. The ocean core complex is featured by topographic-high area with corrugated surface. Lineaments of corrugations of the ocean core complex are clearly perpendicular to abyssal hill direction which is triggered by symmetric-normal faults. Ocean core complex are favor for hydrothermal fluid path because of the long-lived faults. In further exploration, more detailed examination, including systematic CTD casting and tows, need to narrow down actual venting site around ocean core complex. Magnetic field survey is able to estimate the location of hydrothermal vents with the properties that high temperature of hydrothermal fluids over Curie-point can cause thermal demagnetization. In magnetization intensity map, most of low magnetization zones are located at the nodal point over the ridge axis and the ocean core complex.

Jan 1, 2011

By Olav Rune Godø

We present a science-based infrastructure for continuous online monitoring of the ocean interior including benthic, pelagic and the demersal habitats. It will reduce expensive ship based monitoring costs associated to offshore and coastal industries. We combine established Norwegian cabled observatory technology and German mobile seafloor robotic technology and thus supports the transition from local to spatial ecological monitoring. Both technologies are developed through science - industry partnerships. In Norway, the Institute of Marine Research has worked with Statoil ASA and Metas AS to install and operate the LoVe cabled observatory. The German technology is developed by iSeaMC and Kraken Robotik, two spinoff enterprises of the Helmholtz Alliance “ROBEX”. GEOMAR has recently developed a lander-based deep-sea crawler that operates autonomously based on the original iSeaMC crawler system using the Kraken Autonomy. Combined with the Spanish image processing and modelling expertise in the SME Deusto Sistemas SA the consortium hosts the capacity to establishing a complete semi-autonomous real-time monitoring system. Merging of existing technologies into one operational autonomous product through the unique competence of partners’ support international ambitions (e.g. Blue Growth, GES, Horizon 2020), and renew monitoring that assess impact of human use of the marine environment. The consortium has been invited to contribute to technology/science programs for the Yellow Sea and for European mining and offshore decommissioning industries, which demonstrates the leading role of our consortium. The project is funded through the EU Martera program and started in June this year.

Jan 1, 2018

By Timothy F. McConachy

Magmatic-hydrothermal activity in the South-West Pacific and SE Asian island arcs during the Tertiary has created a premier copper-gold province with numerous, commercially attractive base and precious metal deposits. This activity continues to the present day, especially in submarine sectors of those arcs where modern technologies enable direct observation of ore-forming processes in action. Until recently, however, the volcanic island arcs of Indonesia escaped such attention. The Indonesia-Australia Survey for Submarine Hydrothermal Activity (IASSHA), involved three cruises with KR Baruna Jaya VIII, focused particularly on the Sangihe arc; Tomini Bay, Sulawesi, including the vicinity of isolated Colo volcano; and the Sunda Strait including the neighborhood of Krakatau volcano. IASSHA 2001 and 2003 cruises studied the arc and behind-arc sectors of the Sangihe volcanic island chain extending northwards from Quaternary volcanoes on the northeastern tip of Sulawesi, near Manado, to the Kawio Islands near the border with the Philippines (Fig. 1). This chain lies above a west-dipping Wadati-Benioff seismic zone whose subduction trench is obscured by accreted sediments and mélange, forming the Talaud-Mayu ridge. West of the main active chain and extending northwards from Manado there is a subparallel ridge (The Manado Line) surmounted by a number of high (>2000 m) seamounts of uncertain age.

Jan 1, 2005

By Julian Malnic

The emerging marine minerals exploration and mining industry is currently focused mainly on the technical elements for its success such as developing exploration and mining technologies. However, in one sense, the technical challenges are quite soluble whereas those arising in the fields of the environment and public opinion could present this new generation of miners with problems that are far more difficult to overcome. One need only look at the issues currently faced by mining projects on land to see how powerful the new forces of so-called ?civil society? are in stopping mineral developments in many countries. From the geographic viewpoint, there are many countries but there is just one ocean, so the impacts experienced by any one operation are likely to have pervasive repercussions throughout the industry. A well-oiled NGO development protest lobby will see leverage in resisting this new industry and will seize on the single-ocean angle. The Australian Minerals Industry has established a voluntary Code for Environmental Management that provides an active and valuable model for satisfying the ?court of public opinion? and in delivering economic results to industry that are in current jargon, sustainable. An explanation of the Code for Environmental Management, and the reasons behind 44 companies representing more than 300 operations and 85% of Australia?s sizeable mineral production being signatory to it will be given. Participants see it as a means to future shareholder wealth.

Jan 1, 2000

By Tetsuo Yamazaki

Natural methane hydrate has been scientifically studied as a carbon reservoir globally. However, in Japan, the potential for energy resource has been industrially highlighted. There is less domestic oil and natural gas resources in Japan, but many potential deposition areas for methane hydrate in ocean around Japan are the reasons. Less CO2 discharge from methane compared with coal, oil and conventional natural gas when the same calorie value we get is considered as the advantage for energy resource. However, because methane hydrate distributes in shallower sediment layer in ocean floor, accidental leakage of methane may occur while we utilize methane hydrate. Methane itself has 21-times impact on the greenhouse effect, if it reaches the atmosphere. Therefore, it is necessary to estimate the behavior in the environment after the leakage, if we want to use methane hydrate as energy resource. The mass balance after leakage of methane on seafloor and in water column is numerically studied through the analyses of methane emissions from natural cold seepages and hydrothermal activities in this research. The outline structure of mass balance ecosystem model shown in Fig. 1 is introduced. A numerical early diagenetic model CANDI (Carbon And Nutrient Diagenesis) developed by Boudreau (1996) for simulating the biogeochemical processes such as organic matter, oxidant, nutrient, bi-product, and pH diagenesis in aquatic surface sediments and C. CANDI improved by Luff and Wallmann (2003) for describing the formation process of calcium carbonates in CANDI are used as bases of the ecosystem modeling in surface sediment layer around seafloor methane emission. Two functions such as methane bubble dissolution and bacterial methane oxidation in water column are added to an existing physical plume dispersion model by Doi et al. (1999).

Jan 1, 2005

By Jung-Hoon Kang

Present study was stemmed from the survey associated with deep-sea mining in the KODOS area between Clarion Fracture Zone and Clipperton Fracture Zone located in the North Pacific Ocean. The study area, which is located in the southeastern part of North Pacific gyre, is oligotrophic waters with low nutrients and chl-a concentrations below 1µg/l (MOMAF, 1996). This area is also characterized by divergence at 8°N and convergence at 6°N, which moved northward or southward in the range of a few kilometers with seasonal and climate changes. If the waste materials related to deep-sea mining are intruded into the surface waters continuously, unexpected effects to water column ecosystem are anticipated negatively. In order to assess the impact on the planktonic ecosystem, natural variation need to be distinguished from anthropogenically induced variation in terms of the abundance and species composition of plankton. In this study, mesoscale variation of zooplankton community was reported in relation to the physical conditions in the northeastern Pacific during 1998 and 1999. Temperature and salinity were determined using a CTD from surface to 200m depth in July 3-20, 1998 and in June 22-July 1, 1999. Zooplankton samples were collected from two different depths (0-50m, 50-200m) by vertical towing using an opening-closing net (100cm diameter and 300 µm mesh size). The samplings were carried out at every one degree between 5° and 12°N (1998), between 5° and 11°N (1999) along the meridional lines of 131°30´ W. The net was lowered to the depth of interest from a stationary research vessel and towed upward to collect zooplankton at a speed of 25~30 m per minute. Zooplankton samples were transferred to 1-l sampling bottles and immediately fixed with neutralized formalin into the final concentration of 5%. Considering the characteristics of zooplankton such as diurnal vertical migration, all samplings were done during the nighttime. The volume filtered by the net was calculated from the readings of flow meter (Hydro-Bios Model 438-115). Zooplankton were identified to the genus level and enumerated under a microscope. The abundance of zooplankton at each station was expressed as the numbers/100 m3.

Jan 1, 2003

By William J. Scott

In the last two years, C-CORE has developed a new seabed sampler directed specifically at obtaining samples from hard or compacted bottoms such as are typical of marine placer deposits. Samples are required for appraisal of concentrations of saleable commodities, and for determination of levels of biological indicators in the deposits. Recently C-CORE and the University of Victoria have been comparing the performance of the Scott/C-CORE sampler with that of the Van Veen sampler often used for biological sampling. Initial trials of the Scott/C-CORE sampler in 1992 at the WestGold mining site, Nome, Alaska, were described by Jewitt et al. at the 1993 UMI. Since that time the sampler has been modified to prevent overfilling, and to limit turbulent flow of water across the top of the sampler buckets when the sampler is recovered with partly-open buckets. The modifications included shoes to prevent sampler overfill, and flexible rubber shielding over top and sides of the sampler to prevent water circulation. Samples have been taken with both samplers in two field areas, one at Pine Cove, Baie Verte, Newfoundland, and the other near Long Pond in Conception Bay on the Avalon Peninsula, Newfoundland. In each area multiple samples were taken with both sampler types, and the samples processed immediately to establish the types and quantities of marine organisms that were present. Species identification is expected to be complete by late August.

Jan 1, 1994

By Justin C. I. Baulch

In October 2004 Placer Dome entered into an exploration farm-in agreement with Nautilus Minerals, to explore for Submarine Massive Sulphide (SMS) deposits on Nautilus? PNG exploration tenements. Placer/Nautilus currently holds approximately 15,000 km2 of tenements in PNG waters, either granted or under application, covering all reported seafloor hydrothermal vent occurrences.

Jan 1, 2005

By Wiebe Boomsma

This is a framework study financed by the Maritime Innovation Programme of The Netherlands and several institutions actively involved in the research of the environmental impact of deep sea mining; IHC Mining, MTI Holland, Delft University of Technology, NIOZ, IMARES, Boskalis Westminster, AllSeas and TNO. For this framework study the following mining activities have been identified to be relevant to assess the ecological impact of a deep sea mining operation: a) excavation, b) tailings return, c) vertical transport, d) vessel operations, e) ore transport and f) general operations. For this paper, only one mining activity has been selected as an example for the assessment of ecological effects. This is one of the main activities introduced by the new technology envisaged for developing deep sea mining: tailings return.

Sep 14, 2011

By Alexey Musatov, Georgy Cherkashov

Based on geochronological data it was confirmed that hydrothermal discharge has an episodic character: active and inactive periods of the seafloor massive sulfides (SMS) formation alternate (Cherkashov et al., 2017). There is an assumption of correlation of the periods of magmatic and hydrothermal activity with the stages of glaciation (Lund et al., 2016). During the cold periods, the level of the ocean was reduced from 70 to 150 m depending on the glaciation scale (Spratt, Lisiecki, 2016). As a result, the hydrospheric pressure on the upper mantle decreased and could provide increased magmatic and hydrothermal activity (Lund, Asimow, 2011). This assumption is confirmed by the correlation of warming and cooling stages with increasing of hydrothermal input to the bottom sediment near hydrothermal fields. According to data (Lund et al., 2014, 2016; Middleton et al., 2015) the peaks of hydrothermal activity, expressed in the layers of metalliferous sediments at the East Pacific Rise and the Mid-Atlantic Ridge, roughly correspond to the last two periods of cooling (20 and 60 ka). To test this hypothesis, we tried to compare the sequence of warm and cold periods in the Pleistocene with the dating of SMS reflecting the periods of hydrothermal activity. Results SMS samples were obtained from 12 sites within the Russian Exploration Area at the MAR segment 12-20°N. The results of dating 198 samples by the 230Th/U method demonstrated the absence of correlation between hydrothermal activity periods in different hydrothermal fields (Cherkashov et al., 2017). It was proposed that each field has its own evolutions scenario. Considering this point, only the oldest SMS dating for each field which fixed the beginning of hydrothermal activity was selected for comparison with the cold/warming periods.

Jan 1, 2018

By I. Yu. Melekestseva, V. V. Zaykov

Paleooceanic structures of the Urals fold belt contain different volcanic-hosted massive sulfide deposits of the Urals, Kuroko and Cyprus types [Prokin, Buslaev, 1999]. Small Cobearing massive sulfide deposits, as Ishkinino, Ivanovka and Dergamysh, associated with ultramafites of the Main Urals fault, are less known. Interest to them had arisen after discoveries of the modern “black smokers” associated with ultramafic rocks of the Middle-Atlantic Ridge (MAR). Ores of the Urals deposits are enriched in Co (0.3 %) and Ni (0.6 %) that are concentrated in Co-Ni-Fe-sulfides, sulfarsenides, and arsenides. Ores also contain the increased gold contents – 3–6 ppm and up to 16 ppm in those saturated with As-bearing minerals. The aim of the paper is a comparison of precious metal mineralization in ores from the Paleozoic and modern ultramafic-hosted massive sulfides.

Aug 24, 2006

By Cees van Rhee, Rudy Helmons

INTRODUCTION Seafloor Massive Sulphides are typically found near the oceanic ridges at larger water depths (>1km). The physical properties of SMS, as shown in table 1, are comparable to the properties of weak rock. One of the technical challenges to enable extraction from these locations is the cutting or excavation process. Experiments have shown that the energy needed to excavate the material may increase with water depth (Alvarez Grima et al. 2015). Besides that, it is demonstrated that rock that fails brittle in atmospheric conditions can fail more or less in a plastic fashion when present in a high pressure environment, as would be the case at large water depths. The goal of this research is to identify the physics of the cutting process and to develop this into a model in which the effect of hydrostatic and pore pressures is included. The cutting of rock is initiated by pressing a tool into the rock. As a result, at the tip of the tool a high compressive pressure occurs, which leads to the formation of a crushed zone. Depending on the shape of the tool and the cutting depth, shear failures might emanate from the crushed zone, which will eventually expand as tensile fractures that can reach to the free rock surface. Through this process intact rock will be disintegrated to a granular medium. For an overview of the process (figure 1). Additionally, the presence of water in the pores of and surrounding the rock influences the cutting process through drainage effects. The most relevant effects are weakening when compaction and strengthening when dilation occurs in shearing and tension. Deformation of the rock causes the pore volume to change, resulting in a under or over pressure. As a result, the pore fluid needs to flow. The magnitude of the potential under pressure is limited through cavitation of the pore fluid, limiting further reduction of the pore pressure (figure 2). The drainage effects cause the rock cutting process in a submerged environment to show a stronger dependency of both the hydrostatic pressure as well as the deformation rate (figure 3).

Jan 1, 2018