The 71st Council of Interoceanmetal Joint Organization
IOM's 71st Council meeting reviewed cooperation prospects with China Minmetals and approved the 2019 work plan and budget.
Nautilus receives $500,000 (U.S.) loan from Deep Sea
Nautilus Minerals received a $500,000 (U.S.) loan from related-party lender Deep Sea Mining Finance under its secured credit facility of up to $34-million (U.S.).
Chatham Rock Phosphate Announces Convertible Note Issue
Chatham Rock Phosphate arranges a convertible note offering. The private placement raises up to $1-million, subject to TSX-V acceptance.
Nautilus Minerals yet to see $5-million (U.S.) loan
Nautilus Minerals has not received a previously announced $5-million (U.S.) loan but says Deep Sea Mining Finance has agreed to loan it $500,000 (U.S.) for short-term financing needs.
Diamond Fields Announces Successful Conclusion of Initial Mining Campaign Offshore Namibia
Diamond Fields concluded its ML111 mining campaign offshore Namibia. Sale of the diamond parcels is expected in the first quarter of 2019.
Crp Provides an Update on the Capital Trust Group Proposal
Chatham Rock Phosphate says talks with Capital Trust Group continue. It plans to seek further working capital from shareholders soon.
Chatham Rock Phosphate Joins World Ocean Council (woc)
Chatham Rock Phosphate joins the World Ocean Council alliance. The NZ firm aims to supply agriculture with marine phosphate.
Nautilus extends Deep Sea loan to Feb. 8
Nautilus Minerals extended its secured loan facility with Deep Sea Mining Finance Ltd. by 30 days to Feb. 8, 2019, while pursuing new financing.
Diamond Fields Announces First Mineral Resource for Beravina Project
Diamond Fields reports first mineral resource for Beravina zircon project. The inferred estimate totals 1.5 million tonnes at 22.7% zircon.
Diamond Fields Announces First Diamond Shipment From Namibia
Diamond Fields Resources shipped its first parcel from Namibia. The 25,151.60-carat parcel is the first since mining resumed at ML111.