Nautilus receives $455,000 (U.S.) loan from Deep Sea
Nautilus Minerals received a $455,000 (U.S.) loan from related party Deep Sea Mining Finance under its secured $34-million (U.S.) credit facility.
Chatham reiterates project “benefits” to N.Z. ministers
Chatham Rock Phosphate sent NZ ministers a 12-month report card. Mining would disturb under 500 sq km of the Chatham Rise over the mine's life.
Chatham Rock Phosphate Enters Term Sheet with Capital Trust Group
Chatham Rock Phosphate signed a term sheet with Capital Trust Group. The merger requires $10-million (U.S.) in financing to proceed.
Odyssey Marine Exploration Reports Third Quarter 2018 Results
Odyssey Marine's Q3 2018 update cited contract work revenue and three more deep ocean mineral projects in development.
Nautilus Minerals receives $600,000 (U.S.) loan
Nautilus Minerals received a $600,000 (U.S.) loan from Deep Sea Mining Finance Ltd. under its secured credit facility of up to $34-million (U.S.).
Diamond Fields Confirms Restart of Mining Offshore Namibia
Diamond Fields Resources confirmed mining restarted offshore Namibia. The restart covers its ML111 licence in Namibian waters.
Odyssey Marine Exploration Announces Above Market $5.0 Million Registered Direct Offering of Common Stock and Warrants
Odyssey Marine raised $5.0 million in a registered direct offering of common stock and warrants, led by placement agent Chardan.
Chatham Rock Phosphate Summarises Recent Events and Milestones
Chatham Rock Phosphate gave shareholders a project progress update. The scoping review should largely finish within a month.
IOM Training Programme 2018
Two International Seabed Authority trainees completed the IOM's 2018 polymetallic nodules training programme in Poland and the Czech Republic.
ISA Exploration Contractors Meeting
ISA representatives and contractor delegates met in Warsaw on 15-16 October 2018 to discuss exploration data management and training programs.