Chatham Rock Phosphate Progress Report & Private Placement Announcement
Chatham Rock Phosphate expects to relist on the NZX within weeks. It opened a NZ$0.05 private placement that is expected to close October 16.
The Metals Royalty Company Celebrates U.S. EXIM Bank Chairman’s Visit to the Mesabi Iron Ore Mine and Provides Commissioning Update
EXIM's chairman visited the Mesabi mine, where TMCR holds a royalty. The plant was 99.25% complete on August 31, with first output due in Q4 2026.
Green Manganese Demonstrates Recovery of Multiple Critical Metals from Polymetallic Nodules in a Single Process
Green Manganese completed bench-scale tests on polymetallic nodules. The process recovered over 90% of manganese, nickel, cobalt and copper.
Allseas advances offshore operations with hybrid-electric ROV fleet
Allseas is replacing its ROV fleet with Schilling eHD vehicles. The hybrid electric units work to 6,000 metres and can be piloted from shore.
A Case Study for Radon as a Tracer of Seabed Minerals
Radon may be the tracer that finds seabed mineral deposits. USGS scientists are testing it off American Samoa this year.
David Pearson Joins MOBY as VP of Product & Commercialization
David Pearson has joined MOBY as VP of Product & Commercialization. He previously helped secure a $50 million Marine Corps contract at Greensea IQ.
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.
Ocean Testing at MOBY
MOBY completed weeks of in-water testing of its robotic systems. Testing focused on Dorado, its AUV built for seafloor mapping and survey.
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.
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.