AUSSIE FIRM TO START SEABED MINING IN PNG

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PORT MORESBY, Papua New Guinea (PNG Post-Courier, March 27) – Underwater mining will soon become a reality in New Ireland Province and Papua New Guinea as a whole, and it can be one of the first in the world.

[PIR Editors Note: New Ireland Province is located northeast of the Papua New Guinea mainland peninsula.]

An exploration company from Australia, Nautilus Mineral Incorporated, is confident of commercially mining the seabed near the West Coast area of the province where there are mineral deposits.

According to a report from the information section of the New Ireland provincial administration, the final technical designs, including the technology were already available.

The mining of the seabed should start by 2009.

A Belgian firm, Jian de Nul, has designed the technology which will be used by remote control to mine the seabed.

The report said there was excitement in New Ireland after the Papua New Guinea country manager of Nautilus Mineral Incorporated Mel Togolo gave a power point presentation of the proposed mining project to the provincial administration last week.

Mr. Togolo was purposely in the province to showcase six more applications to carry out mineral explorations of the sea beds around New Ireland Province.

Also present during the presentation were business houses, non-government organizations, environmental organizations, community base organizations and the general public, especially the villagers.

Deep sea explorations were carried out between East New Britain and New Ireland provinces last year.

It had revealed various percentages of mineral deposits including gold.

PNG Post-Courier: www.postcourier.com.pg/

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