Under the sea

As the world’s demand for minerals and metals rises, interest in exploring and mining the seafloor continues to grow alongside with it. Canadian company Nautilus Minerals is currently among the leaders of the deep-sea pack. Mining Magazine offers an update on its Solwara 1 project, which is getting closer to beginning production

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Remotely controlled seafloor production tools built by SMD for Nautilus

On land, resources are stretched and capital costs are getting higher, as stripping ratios are increasing and deposit grades are declining. In many cases, the best deposits have already been mined.