Nautilus Minerals Hits Back at Environmentalist Critiques

Resource Investing News

Mining Weekly reported that Nautilus Minerals (TSX:NUS) has shrugged off critiques of its underwater mining project from environmentalists. The company has called a critique that came out on Monday unscientific and full of errors, according to the news outlet.

Mining Weekly reported that Nautilus Minerals (TSX:NUS) has shrugged off critiques of its underwater mining project from environmentalists. The company has called a critique that came out on Monday unscientific and full of errors, according to the news outlet.
As quoted in the publication:

As steel cutting for Nautilus’s production support vessel started in China last week, environmentalists on Monday ramped up the ideological battle against the sea floor mining project by publishing a critique entitled ‘Indefensible Flaws’, at the Asia Pacific Deep Sea Mining Summit, held in Singapore.
“Their critique is highly flawed and it is clear that they only partially understand what it is they’re criticising. For instance, to criticise the assessment because it didn’t include gold, had no bearing on the overall mining operation,” Nautilus CEO Mike Johnston told Mining Weekly Online from Brisbane, Australia.
He explained in the interview that independent natural capital accounting firm Earth Economics did not include gold in the environmental and social benchmarking analysis, released in June, as it was not a critical part of the mining operation, while it had the potential to polarise opinions.

Click here for the full Mining Weekly article.

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