Nautilus Minerals negotiates with PNG on seafloor mine | Pacific Beat

Nautilus Minerals negotiates with PNG on seafloor mine

Nautilus Minerals negotiates with PNG on seafloor mine

Updated 15 November 2012, 18:09 AEST

Canadian mining firm Nautilus Minerals has hit back at concerns raised over the quality of the environmental impact statement, or EIS, that was prepared for its Solwara One seafloor mine project project off New Ireland in Papua New Guinea.

It comes as the company's in talks with the government to keep the project alive, after pulling the plug on Tuesday night saying it was owed more than 70 million US dollars by the PNG government a sum Port Moresby says Nautilus should pay.

Corinne Podger reports.

Presenter: Corinne Podger

Speaker: Mike Johnston, chief executive of Nautilus Minerals, Doctor Brian King Oceanographer for environmental impact statement

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