8/2/08

Race is on for minerals

The race for minerals in the seabed in the Pacific including Fiji is well underway. Leading the race in Fiji is Nautilus company an Australian-dominated but listed on the Toronto Stock Exchange and now leading the charge in the Pacific.
The Nautilus official website confirms that it holds more than 370,000 square km of licences and exploration applications in Papua New Guinea, Fiji, Tonga, the Solomon Islands and New Zealand along the western Pacific Ocean's Rim of Fire.

However surfacing in the debate or race for minerals is the United Nations law of the sea convention regarding boundaries for three countries and the fact that Fiji, Tonga and New Zealand share Minerva Reef to the South of Fiji as a common boundary mark.

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See Also: Thanks to Mines and Communities


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Statement India Update 10-12-2005
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Statement Australian miner looks to sea floor 19-01-2006
Report Riches Calling From Deep Under The Ocean 24-05-2006
Statement The imperative to ban seabed mining 25-05-2006
Statement The Imperative To Ban Seabed Mining 25-05-2006
Statement Ecosystems threatened by deep-sea mining: report 18-05-2007
Report Tribal Villagers Demand Stop to Deep Sea Mining in Pacific Papua New Guinea a Testing Ground for Con 03-07-2007
Statement Getting in too deep? 19-07-2007
Report Nautilus gets more licences 19-07-2007
Statement Getting in too deep? 19-07-2007
Statement Seafloor copper-gold could be mined in 2010 31-10-2007
Report The Devil in the Deep Blue Sea 14-07-2008

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