SPC Geoscience Division

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Newsflash

"Rousing times are ahead in the mining and petroleum industry when the PNG Government created history by granting the first world deep sea mining lease to Nautilus Minerals Inc of Canada for the development of its Solwara 1 project in the Bismarck Sea."1

Go to the following link1 to read the full Papua New Guinea Post Courier 12th January article advising of the world's first mining lease for seabed mining.

"This marks an historic moment for nonliving resources development in the Pacific islands region", commented Dr. Russell Howorth, Director for Applied Geoscience and Technology Divison, SPC.