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Text of report by Papua New Guinea Post-Courier website on 5 August
[By Eric Tapakau] Papua New Guinea will become the first country in the world to go into deep sea mining when offshore miner Nautilus Minerals Inc is awarded a mining licence [ML] today. Mining Minister John Pundari announced on Tuesday [3 August] that he would sign and award the licence today.
The licence is a permit from the government to allow Nautilus to start mining as soon as all related issues and matters are completed. The ML is a sign that the government agrees for Nautilus to complete all...