Nautilus Provides Project Update
Nautilus Minerals reported continued progress on the Solwara 1 seafloor production system, still targeting first production in H1 2019 subject to financing.
Nautilus hires Deep Sea to arrange Solwara financing
Nautilus Minerals signed a financing mandate with shareholder-backed Deep Sea Mining Finance to arrange up to $350-million (U.S.) for the Solwara 1 project.
Nautilus’s Horn quits as director
Mark P.M. Horn has resigned as a director of Nautilus Minerals Inc. to lead Deep Sea Mining Finance Ltd., a new venture of two major shareholders.
Diamond Fields Announces Namibian 10 Year Mining License Renewal Notification
Diamond Fields received notice of a 10-year renewal for ML111. The renewal is subject to conditions due Nov. 20, 2017.
Nautilus mulls financing options for Solwara 1
Nautilus Minerals says it needs about $41-million (U.S.) in new financing before the end of 2017, including at least $15-million (U.S.) by Oct. 31, 2017, to keep developing Solwara 1.
Chatham Rock Phosphate Is Well and Truly Back on the Road
Chatham Rock Phosphate briefed shareholders on its marine consent bid. It targets a marine consent reapplication in late 2018.
OML – COOK ISLANDS – SEPTEMBER
Ocean Minerals and the Cook Islands government signed a new agreement. The deal reserves 23,000 sq km of nodule-rich seabed for up to 18 months.
China Minmetals’ First International Seabed Survey Voyage, Organized by CRIMM, Sets Sail
China Minmetals' first international seabed survey voyage, China Ocean Voyage 47, set sail from Qingdao on August 29.
Nautilus Minerals Announces Financial Results for Q2 2017
Nautilus Minerals reported unaudited Q2 2017 results with $14 million in cash and continued progress on its Solwara 1 sea floor mining project.
Chatham Rock Phosphate Grants Stock Options to Investor Relations Group
Chatham Rock Phosphate granted options to FronTier Merchant Capital. FronTier may buy 75,000 shares at 50 cents, subject to regulatory approval.