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Government says Nautilus not offering PNG a fair deal for K150m investment
Papua New Guinea Mine Watch 6 September 2012 The prospects of Canadian miner Nautilus Minerals delivering its proposed Solwara 1 seabed mine in PNG look increasingly bleak as details emerge of the extent of the dispute between the miner and the PNG government. The PNG government believes the deal being offered by Nautilus to the [...]
Read moreMore financial woes for Nautilus’ Solwara 1 deep sea mining project
Bloomberg Aoyon Ashraf and Liezel Hill 29 August 2012 Nautilus Seeks Partner for Undersea Mining Nautilus Minerals Inc. (NUS), seeking to be the first large-scale miner of copper and gold from the ocean floor, is in talks with potential partners to sell a stake in the project off the coast of Papua New Guinea. Nautilus [...]
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