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Deep sea mining environmental article w Johnston interview.
08-06-2018, 12:57 AM (This post was last modified: 08-06-2018 12:58 AM by GGGGG.)
Post: #1
Deep sea mining environmental article w Johnston interview.

Murky waters Deep-sea miners say they offer a clean, ethical way to harvest precious metals for a low-carbon future. Environmentalists aren’t convinced.

https://newsinteractives.cbc.ca/longform...nvironment

“Everybody gets excited about things like Elon Musk going to space, but I think being able to operate these machines at 5,000 metres … depth is equally if not more exciting.”

THE INTERMINABLE DEBATE AROUND DEEP SEA MINING REGULATIONS The International Seabed Council once again failed to come to an agreement over the rules to govern the practice of mining valuable resources in deep ocean habitats.

https://psmag.com/environment/the-slow-s...regulation

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08-06-2018, 12:39 PM
Post: #2
RE: Deep sea mining environmental article w Johnston interview.

'GGGGG' pid='82193' datel Wrote:

Murky waters Deep-sea miners say they offer a clean, ethical way to harvest precious metals for a low-carbon future. Environmentalists aren’t convinced.

https://newsinteractives.cbc.ca/longform...nvironment

“Everybody gets excited about things like Elon Musk going to space, but I think being able to operate these machines at 5,000 metres … depth is equally if not more exciting.”

THE INTERMINABLE DEBATE AROUND DEEP SEA MINING REGULATIONS The International Seabed Council once again failed to come to an agreement over the rules to govern the practice of mining valuable resources in deep ocean habitats.

https://psmag.com/environment/the-slow-s...regulation

Glad to see someone still posting with new articles, but I guess it's been last call and everyone is going home to sleep it off.  5G you either you turn the lights out or you hang tight to the barstool and keep on posting.  Hoping you'll do the latter! Wonder who is still holding NUS or NUSMF from the core group that started the change to Shareholdersunite?  Here's to MB and Metallo going all in!

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08-06-2018, 10:22 PM (This post was last modified: 08-06-2018 10:22 PM by seabedmining.)
Post: #3
RE: Deep sea mining environmental article w Johnston interview.

Still here and holding ;-) - but there wasn't much to post in the last weeks... Don't forget: it's not over until the fat lady stops singing!

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08-07-2018, 12:07 AM
Post: #4
RE: Deep sea mining environmental article w Johnston interview.
Still hanging in there with my 140k, but the warm and fuzzy feeling is fading...
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08-07-2018, 01:17 AM (This post was last modified: 08-07-2018 01:25 AM by GGGGG.)
Post: #5
RE: Deep sea mining environmental article w Johnston interview.

'beeruce' pid='82196' datel Wrote:Still hanging in there with my 140k, but the warm and fuzzy feeling is fading...
The bad news is the PEA, which is speculative and the price of copper is less than contemplated in the PEA.

Copper Supply Woes on Show With No. 2 Mine Output to Halve

"The Deep MLZ mine lies 1,800 meters (5,900 feet) below the surface" (I thought it was interesting that Deep MLZ and Solwara are sort of the same depth, a comparison of the insane lengths people will go on land vs sea to get copper.  Who wins?)

https://www.bloomberg.com/news/articles/...t-to-halve

It seems like 2019 might be a bad year for labor relations in the mining industry and maybe other social problems as locals start to object to mines.  I personally think one reason PNG wants this to happen is to close down the worst mines in PNG and replace their production with offshore mines.  So while rising copper prices would have been a nice back drop for Nautilus copper prices are volatile.  China also seems to be serious about shutting the most polluting metal refiners, which means they will require higher grades of copper, so NUS ore/concentrate might be more valuable than just the copper % might imply which I don't think was contemplated in the PEA.

Off topic, marginally related to Nautilus, investment idea: Real Estate in Oman.  Oman has historically done a brilliant job of using their backwater geography to avoid all the crazy in the surrounding area.  Hurray for Oman!

'Five years ago there was nothing': inside Duqm, the city rising from the sand

https://www.theguardian.com/cities/2018/...ls-housing

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