Poseidon, Author at Ocean Mining News

Afri-Can Marine Minerals

onMarch 16, 2011

Afri-can Charters Sampling Vessel and Receives 43-101 Approval

Afri-Can Marine Minerals has chartered the sampling vessel mv DP the Explorer for a diamond program on Namibia's EPL 3403 concession and received TSX Venture Exchange approval for its NI 43-101 report.

Nautilus Minerals

onMarch 14, 2011

Nautilus Minerals Inc.: Png Government to Invest in Solwara 1

Papua New Guinea's government will take a 30-per-cent equity stake in Nautilus Minerals' Solwara 1 seafloor project, leaving Nautilus with 70 per cent.

Diamond Fields Resources

onMarch 7, 2011

Spirit Resources Sarl to Acquire Additional Diamond Fields Shares

Spirit Resources Sarl plans to buy more Diamond Fields shares. It may acquire up to 5% of DFI shares over the next 12 months.

Afri-Can Marine Minerals

onMarch 1, 2011

Afri-can Extends Share Purchase Warrants

Afri-Can Marine Minerals extended 1.25 million share purchase warrants exercisable at 15 cents from March 16, 2011 to March 16, 2012.

Nautilus Minerals

onFebruary 22, 2011

Nautilus Minerals Inc.: Png Government Option

Nautilus Minerals extended the term of a Papua New Guinea government option to take up to a 30-per-cent stake in the Solwara 1 project until March 11, 2011.

Afri-Can Marine Minerals

onFebruary 17, 2011

Afri-can to Proceed with $2.5 Million Private Placement and Acquire Marine Diamond Concession in Namibia

Afri-Can Marine Minerals will close a $2.5-million private placement, with $2.0-million committed, to help fund its acquisition of the EPL 3403 marine diamond concession in Namibia.

Diamond Fields Resources

onFebruary 14, 2011

Survey Ship Begins Work on Diamond Fields’ Atlantis Ii Jv Mining License

RV Poseidon surveyed Diamond Fields' Atlantis II JV licence area. A resource statement is due by the end of March, with results expected in Q2 2011.

Nautilus Minerals

onFebruary 11, 2011

Nautilus Unveils a Second High Grade Copper Deposit in Bismarck Sea

Nautilus Minerals identified a second potential Bismarck Sea development project after drilling at Solwara 12 intersected copper-zinc mineralization at all five drill sites.