Nautilus still waiting for PNG to buy Solwara interest

Key points

  • Papua New Guinea has not yet completed the purchase of its 30-per-cent interest in the Solwara 1 project.
  • Nautilus Minerals Inc. is in discussions with senior officials of the state on the matter.
  • Nautilus says it remains its preference to resolve the matter amicably with the state.

NAUTILUS MINERALS UPDATE

Papua New Guinea has not yet completed the purchase of its 30-per-cent interest in the Solwara 1 project. Nautilus Minerals Inc. is in discussions with senior officials of the state and it remains Nautilus’s preference to resolve these matters amicably with the state.

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