Nautilus agrees to Australian arbitrator in PNG dispute
Nautilus Minerals and Papua New Guinea have appointed former Australian High Court chief justice Murray Gleeson as arbitrator to resolve their dispute in Sydney under UNCITRAL rules.
Afri-can Closes Financing
Afri-Can Marine Minerals closed a $1-million first tranche of its private placement, with a further $2-million expected shortly.
Afri-can Common Shares Will Start Trading on a Consolidated Basis on July 5, 2012
Afri-Can Marine Minerals will consolidate its common shares four-to-one, with postconsolidation shares beginning trading on the TSX Venture Exchange on July 5, 2012 under symbol AFA.
Afri-can to Consolidate Shares and Close Financing
Afri-Can Marine Minerals received conditional TSX-V approval to close its $3-million financing following a 4:1 share consolidation.
Response to Open Letter to Prime Minister Julia Gillard
NMP rejects claims in Swakopmund Matters' open letter to Australia's prime minister that it overrode Namibian law.
NMP phosphate dredging activities will not harm hake fishing
NMP says its commissioned EIA, a licence condition, finds Sandpiper dredging will not harm Namibia's hake fishery.
Solwara 1 Project-nautilus Minerals
Papua New Guinea has issued a notice of arbitration against Nautilus Minerals Inc. and Nautilus Minerals Niugini Ltd. over a dispute under their 2011 state equity option agreement.
Nautilus Minerals Inc.: 2012 AGM Voting Results
Nautilus Minerals Inc. held its 2012 annual general meeting in Toronto, where 69.5 per cent of issued shares were represented and all resolutions passed.
Nautilus Minerals receives arbitration notice from PNG
Papua New Guinea has issued a notice of arbitration against Nautilus Minerals under their March 29, 2011 agreement covering the Solwara 1 project.
Nautilus Minerals, PNG continue Solwara 1 meetings
Nautilus Minerals and Papua New Guinea continued meetings over the past two weeks to resolve their dispute over the Solwara 1 project.