Deep sea miner Nautilus Minerals held its shareholder meeting last week in Toronto, Canada and was questioned by concerned citizens from Papua New Guinea, Canada and Australia about the viability and environmental risks of the company’s controversial plan to build the world’s first deep sea mine. Canadian-based, London-listed Nautilus is currently bent on exploiting huge riches on the seabed and its shareholders include Anglo American plc (with an 11.1% stake).
See http://www.deepseaminingoutofourdepth.org/media-release-nautilus-questioned-on-economic-viability-and-environmental-risks/?utm_source=Stop+Experimental+Deep+Sea+Mining&utm_campaign=57b2858c49-Nautilus_AGM_2013&utm_medium=email&utm_term=0_c4419d759e-57b2858c49-4720853 and http://www.miningwatch.ca/news/nautilus-questioned-economic-viability-and-environmental-risks-deep-sea-mining.
Churches say no to mining research in the Pacific
The Pacific must not be allowed to become a testing ground for deep sea mining and regional governments must stop issuing licences immediately. Pacific Conference of Churches Treaties Adviser Murray Isimeli said the region could not afford damage to the environment from testing. “There is no evidence on what effect testing or mining will have so we would caution against doing anything until there is substantial proof of the effects of disturbing the sea bed,” Mr Isimeli said.