Radio Australia | ABC
THE CANADIAN COMPANY, Nautilus Minerals, says it is confident it has support at the highest levels of government in Papua New Guinea.
The company is hoping to be the first in the world to mine the deep sea floor for copper, gold, zinc and silver at its PNG site.
But it has been embroiled in a dispute with the government which has forced it to put the project on hold.
Last week, PNG's prime minister, Peter O'Neill, told Radio Australia that issues relating to equity, intellectual property and the environment still need to be resolved.
Mike Johnson, interim CEO and vice-president of Nautilus Minerals, was one of the speakers at the PNG mining and petroleum investment conference in Sydney.
He's reluctant to go into details about what he wants to get out of the formal dispute process but expressed confidence it could be resolved, enabling mining to go ahead.