Updated Ni 43-101 Resource Estimate for Atlantis Ii Deposit to Include Manganese Values
Diamond Fields updated its Atlantis II resource to include manganese. ACA Howe pegs 80.9 million tonnes at 2.69% Mn, totaling 2.18 million tonnes.
Iron sands explorer prepares for expansion
Trans-Tasman Resources appoints new CFO and exploration manager. Andrew Stewart and Matthew Brown join TTRL as it expands NZ iron sands plans.
Nautilus Closes C$27.6 Million Final Tranche of Private Placement
Nautilus Minerals closed the second and final tranche of its private placement, raising gross proceeds of $27.6 million through the issue of 10,940,004 shares.
Nautilus Closes $70.5-million First Tranche of Private Placement
Nautilus Minerals received $70.5-million in gross proceeds from the first tranche of its private placement, issuing 27,987,853 shares at $2.52 per share.
Nautilus Issues Options and Loan Shares
Nautilus Minerals granted 900,000 options and 200,000 loan shares to non-executive directors as full 2011 remuneration.
Nautilus Minerals Inc.: Us$100 Million to Be Raised in Private Placement
Nautilus Minerals will raise about US$100 million (C$98.1 million) in a private placement of roughly 39 million shares to finance development of its Solwara 1 seafloor copper-gold project in the Bismarck Sea, Papua New Guinea.
Early Exercise of Option on Haib Copper Project, Namibia. Deep-south and Afri-can to List the Remaining 30% Through a New Entity
Teck Cominco Namibia exercised its option to earn a 70-per-cent interest in the Haib copper project in Namibia 16 months ahead of schedule.
Nautilus Reports Solid First Half Results
Nautilus Minerals reported a $112-million (U.S.) cash balance and a reduced first-half loss of $7.98-million (U.S.) after securing its Solwara 1 mining lease and new Pacific exploration licences.
Nautilus Granted Exploration Tenements in Fijian Waters
Nautilus Minerals has been granted 14 offshore exploration licences covering about 60,000 square kilometres in Fijian waters, the first such award to a private company in Fiji.
Afri-can Has Closed a Private Placement
Afri-Can Marine Minerals closed a non-brokered private placement raising $1,106,700 through the sale of 15.81 million units at seven cents each.