- 1. Nautilus Minerals looks to sell assets
- (Around the Region)
- ... has agreed to loan it a further $US4 million. To date, Nautilus has been loaned $US18 million by the financier. But the company is also being advertised for sale, including its Solwara 1 project in PNG. ...
- Created on 23 January 2020
- 2. Nautilus Minerals secures $US34m for deep-sea mining in PNG
- (Around the Region)
- ... is responsible for the Solwara 1 deep sea mining project in Papua New Guinea. The companies have been granted a charge over Nautilus’ 85 per cent interest in Solwara 1, subject to PNG governmental and ...
- Created on 25 September 2018
- 3. World-first mining case launched in PNG over Nautilus’ Solwara 1 Experimental Seabed Mine
- (Latest)
- ... believed to own a 15% stake in the operations. Additionally, due to deficiencies in the Solwara 1 Environmental Impact Statement, the plaintiffs are seeking information that would help them to clearly ...
- Created on 03 January 2018
- 4. Nautilus makes excellent progress
- (Around the Region)
- ... the Solwara 1 project site in quarter one of 2019, mining copper, gold and silver. The company’s chairman Russell Debney told the annual general meeting of shareholders that progress had been made ...
- Created on 29 July 2017
- 5. Seafloor mining equipment arrives in China
- (Latest)
- ... was granted the first mining lease for such deposits at the prospect known as Solwara 1, in the territorial waters of Papua New Guinea, where it is aiming to produce copper, gold and silver. The company ...
- Created on 11 May 2017
- 6. Seafloor Production Tools arrive in PNG
- (Latest)
- Nautilus Minerals announces that the Seafloor Production Tools to be used at the Solwara 1 deposit in the Bismarck Sea have arrived in Papua New Guinea, and will shortly commence submerged trials. The ...
- Created on 04 April 2017
- 7. Pleasing progress on Nautilus’ vessel
- (Latest)
- Nautilus Minerals is pleased with the progress made on the build of the Production Support Vessel (PSV) to be used as the base for its seafloor operations planned at the Solwara 1 Project site, in the ...
- Created on 09 December 2016
- 8. Nautilus production support vessel advances
- (Around the Region)
- MARINE Assets Corporation (MAC) is moving forward with construction of a production support vessel (PSV) to be used by Nautilus Minerals and PNG partner, Eda Kopa (Solwara) Ltd, for seafloor operations ...
- Created on 01 November 2016
- 9. Nautilus production vessel progresses
- (Latest)
- The Production Support Vessel (PSV) for use at the Solwara 1 seafloor project in Papua New Guinea was floated in the dry dock last week to allow the launch of two adjacent vessels. The PSV is to be used ...
- Created on 07 October 2016
- 10. Nautilus secures bridge financing
- (Latest)
- ... of the Solwara 1 seafloor project in Papua New Guinea. The agreement will raise gross proceeds of up to US$20 million. Nautilus’ CEO Mike Johnston said, “The company appreciates the ongoing support ...
- Created on 23 August 2016
- 11. Nautilus seeks further financing
- (Latest)
- Nautilus Minerals continues to seek and consider various alternative sources of financing in order to maintain the development of the Solwara 1 project in the territorial waters of Papua New Guinea and ...
- Created on 07 July 2016
- 12. Nautilus upgrades CCZ seafloor estimate
- (Latest)
- ... massive mineralized systems. “At Nautilus, we are both excited and privileged to be leading the development of this significant, currently untapped potential, first with our high grade Solwara 1 Seafloor ...
- Created on 27 May 2016
- 13. Funds for Nautilus seafloor project
- (Around the Region)
- NAUTILUS Minerals aims to raise up to C$103 million to advance construction and development of the Seafloor Production System which will be used to mine the seafloor at the Solwara 1 project in the Bismarck ...
- Created on 28 April 2016
- 14. Nautilus funds for seafloor system
- (Latest)
- ... total shares on offer. The net proceeds from the rights offering will be used to advance construction and development of the company’s Seafloor Production System for the Solwara 1 seafloor project ...
- Created on 15 April 2016
- 15. Nautilus to raise C$103 million
- (Latest)
- ... Production System for initial deployment and testing operations at the company’s Solwara 1 Project in Papua New Guinea, Nautilus will need to obtain additional funding in excess of the maximum proceeds ...
- Created on 29 March 2016
- 16. Seafloor production tools set for testing
- (Latest)
- The three Seafloor Production Tools (SPTs) constructed for use by Nautilus Minerals at the Solwara 1 seafloor mining project in the territorial waters of Papua New Guinea have arrived at Duqm Port in Oman ...
- Created on 14 March 2016
- 17. Testing of subsea pump under way
- (Latest)
- The Solwara 1 Joint Venture comprising Nautilus Minerals and Eda Kopa (Solwara) Limited 15% has been advised that Factory Acceptance Testing (FAT) on the Subsea Slurry and Lift Pump (SSLP) has commenced ...
- Created on 10 February 2016
- 18. Nautilus takes delivery of seafloor tools
- (Latest)
- The Solwara 1 Joint Venture comprising Nautilus Minerals and Eda Kopa (Solwara) Limited has taken delivery of the three Seafloor Production Tools (SPTs) to be used in the Solwara 1 seafloor project in ...
- Created on 02 February 2016
- 19. Nautilus to wet test seafloor equipment
- (Latest)
- ... Solwara 1 project in Papua New Guinea. The agreements also provide for storage of the equipment as it is delivered from various suppliers prior to integration onto the Production Support Vessel (PSV). ...
- Created on 18 January 2016
- 20. Nautilus signs new offtake agreement
- (Latest)
- Nautilus Minerals has signed a new agreement with Tongling Nonferrous Metals Group for the sale of product extracted from the company’s Solwara 1 deposit in the Bismarck Sea of Papua New Guinea, with first ...
- Created on 14 December 2015