US and New Zealand Commit US$60 Million to a Cook Islands Port, and Washington Ties It to Marine Minerals
Washington and Wellington will pay for a Cook Islands port upgrade. The US$60 million Penrhyn deal is tied to seabed minerals.
Eco Minerals, Inc. Subsidiary Deep Sea Vision Enters into Deep-Sea Environmental Survey Contract with Deep Reach Technology
Eco Minerals' Deep Sea Vision wins survey work off Japan's coast. Deep Reach Technology hired it for an environmental assessment.
Impossible Metals Eureka II Underwater Vehicle Recovers Itself From the Ocean, Fully Autonomously
Eureka II found its ship and hooked on with nobody at the controls. Impossible Metals ran the trial over two weeks off Halifax.
The Metals Royalty Company Announces Closing of Additional 1.0% Mesabi Royalty and US$165 Million Financing
TMCR has doubled its Mesabi iron ore royalty to 2.0 percent. Convertible notes of US$140 million and a term loan paid for it.
Impossible Metals’ Eureka II Recovers Itself From the Ocean, Fully Autonomously
Eureka II recovered itself from the open ocean off Halifax alone. Acoustic positioning, then a smart hook, with nobody driving.
Deep Sea Minerals Corp. to Attend Dib Accelerator 2026 in Philadelphia
Deep Sea Minerals goes to a US defense industry accelerator. It pitches seabed minerals in Philadelphia from August 25 to 27.
CIIC Formalises new Seabed Minerals partnership with Wetstone
The Cook Islands has split its seabed interests into two ventures. Wetstone takes the stake GSR held, and CIIC keeps 51 percent.
DOE Official Names Deep-Sea Nodules as Possible Feedstock for a $100 Million US Cobalt Refinery
A new US cobalt refinery could one day take deep-sea nodules. A DOE official said so of the US$100 million Jervois plant.
The Metals Royalty Company Announces Fully Allocated US$165 Million Financing to Fund Acquisition of Additional 1.0% Mesabi Royalty
TMCR has allocated a US$165 million financing in one package. Convertible notes and a term loan fund the extra Mesabi royalty.
Green Minerals 1H 2026 Webcast
Green Minerals reported a US$3.1 million loss for the first half. Norway's 386 blocks and Japan's 2028 target also came up.
Green Minerals: 1H 2026 report and presentation
Green Minerals has published its first-half 2026 report in full. An audiocast follows on 20 August at 10:00 CEST.