Tell Capital Ltd, on behalf of The Tell Fund, notified Neptune Minerals Plc that its voting rights fell below the 3% threshold following a 24 July 2008 transaction.
Neptune Minerals lodged New Zealand's first offshore Mining Licence Application, covering two seafloor massive sulphide deposits on the Rumble II West Seamount within the EEZ.
Afri-Can Marine Minerals and Deep South Mining signed an option and joint venture agreement giving Teck Cominco Namibia rights to earn a 70-per-cent interest in the Haib copper project, Namibia.
Nautilus Minerals began its 2008 exploration program as the vessel Nor Sky departed Singapore to explore the company's Papua New Guinea and Tonga tenements.
Nautilus Minerals signed a binding five-year, US$125-million charter agreement with North Sea Shipping for a specialist mining support vessel for the Solwara 1 project.
Nautilus Minerals Inc. applied to admit 400,000 common shares issued from exercised options to trading on AIM and the Toronto Stock Exchange, expected June 18, 2008.
Neptune Minerals has issued prequalification documents to dredging and subsea engineering firms for a Build, Own, Operate seafloor massive sulphide mining contract offshore New Zealand.
Nautilus Minerals began a 12-day RV Southern Surveyor geochemical survey in Tonga to find new seafloor massive sulphide systems on its Peggy Ridge tenements.