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Nautilus Minerals
Nautilus Minerals Inc. was an underwater mineral exploration company headquartered in Toronto, Ontario, Canada. It was the first company to commercially explore deep sea mining of the seafloor for massive sulfide systems, a potential source of high grade copper, gold, zinc and silver. As of November 2019, the company filed for bankruptcy. History , Nautilus planned to commence production utilizing a newly constructed mining ship in the territorial waters of Papua New Guinea.Terrestrial Telerobotic Mining Technology: An Enabler for Extraterrestrial Habitation, Mining and Construction
recorded on 31 October 2010, 52.25, Prof. Greg Baiden, Laurentian U ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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New Zealand
New Zealand ( mi, Aotearoa ) is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island () and the South Island ()—and over 700 smaller islands. It is the sixth-largest island country by area, covering . New Zealand is about east of Australia across the Tasman Sea and south of the islands of New Caledonia, Fiji, and Tonga. The country's varied topography and sharp mountain peaks, including the Southern Alps, owe much to tectonic uplift and volcanic eruptions. New Zealand's capital city is Wellington, and its most populous city is Auckland. The islands of New Zealand were the last large habitable land to be settled by humans. Between about 1280 and 1350, Polynesians began to settle in the islands and then developed a distinctive Māori culture. In 1642, the Dutch explorer Abel Tasman became the first European to sight and record New Zealand. In 1840, representatives of the United Kingdom and Māori chiefs ...
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Companies Formerly Listed On The Toronto Stock Exchange
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Golder Associates
Golder Associates Inc., branded as just Golder, is an international company that provides consulting, design, and construction services in earth, environment, and related areas of energy. The company has 7,000 employees in offices in Africa, Asia, Australasia, Europe, North America and South America. In April 2021, the company was acquired by WSP Global. History The company was founded in Toronto, Toronto, Ontario, Canada in 1960 by Hugh Golder, Victor Milligan, Larry Soderman, under the name H.Q. Golder and Associates, and focused on soil mechanics and ground engineering. In the 1970s, the service offering expanded to include rock mechanics. In the 1980s the company's groundwater practice evolved to encompass the broader field of hydrogeology, with particular expertise in contaminated soil and groundwater. In the early 1990s, as public awareness of environmental issues increased, Golder added biology, biological capabilities – including aquatic and terrestrial biology ...
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Remotely Operated Underwater Vehicle
A remotely operated underwater vehicle (technically ROUV or just ROV) is a tethered underwater mobile device, commonly called ''underwater robot''. Definition This meaning is different from remote control vehicles operating on land or in the air. ROVs are unoccupied, usually highly maneuverable, and operated by a crew either aboard a vessel/floating platform or on proximate land. They are common in deepwater industries such as offshore hydrocarbon extraction. They are linked to a host ship by a neutrally buoyant tether or, often when working in rough conditions or in deeper water, a load-carrying umbilical cable is used along with a tether management system (TMS). The TMS is either a garage-like device which contains the ROV during lowering through the splash zone or, on larger work-class ROVs, a separate assembly which sits on top of the ROV. The purpose of the TMS is to lengthen and shorten the tether so the effect of cable drag where there are underwater currents is minimize ...
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National Instrument 43-101
National Instrument 43-101 (the "NI 43-101" or the "NI") is a national instrument for the ''Standards of Disclosure for Mineral Projects'' within Canada. The Instrument is a codified set of rules and guidelines for reporting and displaying information related to mineral properties owned by, or explored by, companies which report these results on stock exchanges within Canada. This includes foreign-owned mining entities who trade on stock exchanges overseen by the Canadian Securities Administrators, even if they only trade on Over The Counter (OTC) derivatives or other instrumented securities. Many publicly held Canadian mineral exploration and mining companies list on the TSX Venture Exchange (TSX-V) or the Toronto Stock Exchange (TSX). Some of these companies may also have listings on stock exchanges outside Canada, such as Johannesburg Stock Exchange, Australian Securities Exchange and London Stock Exchange. Disclosures covered by the NI 43-101 code include press releases of min ...
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Seafloor Massive Sulphide
Seafloor massive sulfide deposits or SMS deposits, are modern equivalents of ancient volcanogenic massive sulfide ore deposits or VMS deposits. The term has been coined by mineral explorers to differentiate the modern deposit from the ancient. SMS deposits were first recognized during the exploration of the deep oceans and the mid ocean ridge spreading centers in the early 1960s. Deep ocean research submersibles, bathyspheres and remote operated vehicles have visited and taken samples of black smoker chimneys, and it has been long recognised that such chimneys contain appreciable grades of Cu, Pb, Zn, Ag, Au and other trace metals. SMS deposits form in the deep ocean around submarine volcanic arcs, where hydrothermal vents exhale sulfide-rich mineralising fluids into the ocean. SMS deposits are laterally extensive and consist of a central vent mound around the area where the hydrothermal circulation exits, with a wide apron of unconsolidated sulfide silt or ooze which preci ...
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Gold
Gold is a chemical element with the symbol Au (from la, aurum) and atomic number 79. This makes it one of the higher atomic number elements that occur naturally. It is a bright, slightly orange-yellow, dense, soft, malleable, and ductile metal in a pure form. Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements and is solid under standard conditions. Gold often occurs in free elemental ( native state), as nuggets or grains, in rocks, veins, and alluvial deposits. It occurs in a solid solution series with the native element silver (as electrum), naturally alloyed with other metals like copper and palladium, and mineral inclusions such as within pyrite. Less commonly, it occurs in minerals as gold compounds, often with tellurium (gold tellurides). Gold is resistant to most acids, though it does dissolve in aqua regia (a mixture of nitric acid and hydrochloric acid), forming a soluble tetrachloroaurate anion. Gold is ...
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Copper
Copper is a chemical element with the symbol Cu (from la, cuprum) and atomic number 29. It is a soft, malleable, and ductile metal with very high thermal and electrical conductivity. A freshly exposed surface of pure copper has a pinkish-orange color. Copper is used as a conductor of heat and electricity, as a building material, and as a constituent of various metal alloys, such as sterling silver used in jewelry, cupronickel used to make marine hardware and coins, and constantan used in strain gauges and thermocouples for temperature measurement. Copper is one of the few metals that can occur in nature in a directly usable metallic form ( native metals). This led to very early human use in several regions, from circa 8000 BC. Thousands of years later, it was the first metal to be smelted from sulfide ores, circa 5000 BC; the first metal to be cast into a shape in a mold, c. 4000 BC; and the first metal to be purposely alloyed with another metal, tin, to create ...
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Deep Sea Mining
Deep sea mining is a growing subfield of experimental seabed mining that involves the retrieval of minerals and deposits from the ocean floor found at depths of or greater. As of 2021, the majority of marine mining efforts are limited to shallow coastal waters only, where sand, tin and diamonds are more readily accessible. There are three types of deep sea mining that have generated great interest: polymetallic nodule mining, polymetallic sulphide mining, and the mining of cobalt-rich ferromanganese crusts. The majority of proposed deep sea mining sites are near of polymetallic nodules or active and extinct hydrothermal vents at below the ocean’s surface. The vents create globular or massive sulfide deposits, which contain valuable metals such as silver, gold, copper, manganese, cobalt, and zinc. The deposits are mined using either hydraulic pumps or bucket systems that take ore to the surface to be processed. Marine minerals include sea-dredged and seabed minerals. Sea-dred ...
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Bismarck Sea
The Bismarck Sea (, ) lies in the southwestern Pacific Ocean within the nation of Papua New Guinea. It is located northeast of the island of New Guinea and south of the Bismarck Archipelago. It has coastlines in districts of the Islands Region, Momase Region, and Papua Region. Geography Like the Bismarck Archipelago, it is named in honour of the first German Chancellor Otto von Bismarck. The Bismarck Archipelago extends round to the east and north of the sea, enclosing the Bismarck Sea and separating it from the Southern Pacific Ocean. To the south it is linked to the Solomon Sea by the Vitiaz Strait. Official boundaries The International Hydrographic Organization defines the Bismarck Sea as "that area of the Pacific Ocean, South Pacific Ocean off the northeast coast of New Guinea", with the following limits: ''On the North and East.'' By the Northern and Northeastern coasts of the islands of New Ireland (island), New Ireland, New Hanover Island, New Hanover, the Admiralty I ...
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New Ireland Province
New Ireland Province, formerly New Mecklenburg (german: Neu-Mecklenburg), and Nova Hibernia, is the northeasternmost province of Papua New Guinea. Physical geography The largest island of the province is New Ireland. Also part of the province are numerous smaller islands, including Saint Matthias Group (Mussau, Emirau), New Hanover, Djaul, Tabar Group ( Tabar, Tatau, Simberi), Lihir, Tanga Group (Malendok, Boang), Feni Islands (Ambitle, Babase) and Anir. The land area of the province is around 9 560 km². The sea area within the Exclusive Economic Zone (EEZ) of New Ireland Province is around 230,000 km². Ecology In the early days of the French Revolution while searching for a lost scientific expedition the vessel La Recherche passed by New Ireland. On board was the prominent botanist Jacques-Julien Houtou de Labillardière who noted in his journal fine stands of teak (tectona grandis) trees growing at the southern end of the island. This marks the easter ...
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