Resource World Magazine

Resource World - Apr-May 2016 - Vol 14 Iss 3

Issue link: http://resourceworld.uberflip.com/i/661612

Contents of this Issue

Navigation

Page 50 of 63

A P R I L / M A Y 2 0 1 6 www.resourceworld.com 51 in Terrace, Fort St. John and Fort Nelson are being staged to show local community support for the Petronas LNG project. "Each of these projects is an economic engine that will generate jobs and tax revenue far beyond the projects themselves. British Columbians need these projects to build our province and generate the revenue for the government services we have come to rely upon," said Hochstein. n More information and access to the ICBA Facebook page and be found at www.icba.ca. undersea mining equipment arrives nautilus Minerals Inc. [NUS-TSX; NUSMF-OTCQX; NUSMF OTC NSADQ In't Designation], reports on behalf of the Solwara 1 Joint Venture (Nautilus 85% and Eda Kopa (Solwara) Ltd. 15%, a subsidiary of Petromin Holdings PNG), that the three Seafloor Production Tools (SPTs) have arrived safely at Duqm Port in Oman. The three SPTs are scheduled to undergo extensive wet testing at Duqm Port. The testing is one of the next major steps in the progression towards seafloor produc- tion, and will involve submerged testing of: • Control systems operations and feedback • Hydraulic functions • Collection system functions • Survey and visualization systems The wet testing program is being undertaken by the Solwara 1 Joint Venture production team and representatives of Soil Machine Dynamics, with fur- ther logistics and engineering support from United Engineering Services Ltd, in Duqm Port, Oman. The preparatory works for the program will commence in April with initial testing operations scheduled to occur shortly thereafter. The SPTs were designed and assembled in Newcastle upon Tyne by Soil Machine Dynamics, and the company ultimately plans to use the SPTs to cut and extract high grade copper and gold from the seafloor at the Solwara 1 Joint Venture's project site in the Bismarck Sea, Papua New Guinea. Initial seafloor production operations are planned to commence at the Solwara 1 Project site in Q1 2018. n From left to right Darcy Kray, former ICBA Board Chair and President of Durwest Construction Management; Jackie Tegart, MLA for Fraser-Nicola, Philip Hochstein, President, ICBA; Rick Boates, ICBA Board Chair and President of Unitech Construction Management. Photo Courtesy of ICBA.

Articles in this issue

Archives of this issue

view archives of Resource World Magazine - Resource World - Apr-May 2016 - Vol 14 Iss 3