Afri-Can Marine Minerals began the first phase of its resource delineation program on Block J offshore Namibia after its vessel departed Luderitz on Oct. 17, 2006.
Afri-Can Marine Minerals signed a consultancy agreement with Antwerp-based Natural Diamond Corp N.V. for diamond evaluation and exclusive marketing services.
Nautilus Minerals signed a heads of agreement with Jan De Nul to build and operate a specialized deep-sea mining vessel for the Solwara 1 project in Papua New Guinea.
Nautilus Minerals reported high-grade gold-silver-copper-zinc mineralization at its new Solwara 4 prospect and further high-grade results from Solwara 1, both within its 100-per-cent-owned PNG licence EL 1196.
Afri-Can Marine Minerals will begin the first phase of its resources delineation program on block J in Namibia on Oct. 8, 2006, lasting approximately 25 days.