London-based Anglo American is a major shareholder in Nautilus.
Truly astonishing story of how Nautilus got mineral rights in Tongan waters
A project to dig minerals from the seabed off Papua New Guinea could signal a new era of mining in the world’s most remote and least understood environment, the deep sea. Mining companies are excited, ecologists are worried, and struggling island nations are watching with interest, as Ann Arnold writes.
With audio at http://www.abc.net.au/radionational/programs/backgroundbriefing/2013-10-20/5023464.
Nautilus gets the green light to mine under water, will receive $118 million in compensation
After almost two years of locking horns with the Papua New Guinea government over a project’s ownership, Canada-based Nautilus Minerals is finally free to move forward with its pioneering plan to mine the seafloor.