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Solwara 1

The writing is on the wall for Solwara 1 – PNG should withdraw

See original release from the Deep Sea Mining Campaign PAPUA NEW GUINEA | Amid financial strife and looming litigation, Sir Arnold Amet, former Papua New Guinean Attorney General and Minister for Justice advises the PNG Government to terminate its joint partnership agreement with Nautilus, recoup its 15% stake in the Solwara 1 deep sea mining […]

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Nautilus Announces Preliminary Economic Assessment Nautilus Appoints Chief Operating Officer Nautilus Minerals Officer Update bridge loans Nautilus receives additional bridge loans

Nautilus arranges bridge loans and signs new funding mandate

Download Nautilus Minerals press release Toronto Ontario, January 8, 2018 – Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the “Company” or “Nautilus”) announces that it has arranged to receive bridge loans from Deep Sea Mining Finance Ltd. (the “Lender“) and has also entered into a funding mandate agreement (the “Funding Mandate“) with M. Horn […]

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Challenges at Nautilus

Challenges at Nautilus Continue

A series of internal and external pressures have been plaguing the Canadian deep sea mining firm Nautilus Minerals for months with no clear resolution in sight.  The challenges facing Nautilus are hindering efforts to move forward on the Company’s flagship effort, the controversial Solwara One seabed mining project in Papua New Guinea’s Bismarck Sea.  DSM […]

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Nautilus Announces Preliminary Economic Assessment Nautilus Appoints Chief Operating Officer Nautilus Minerals Officer Update bridge loans Nautilus receives additional bridge loans

Nautilus Chairman Resigns

Download Nautilus Minerals press release Toronto Ontario, December 27, 2017 – Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the “Company” or “Nautilus”) announces that Russell Debney has, effective December 27, 2017, resigned as Chairman and director of Nautilus and as director and officer, as applicable, of each of the Company’s operating subsidiaries. The Company […]

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Nautilus Announces Preliminary Economic Assessment Nautilus Appoints Chief Operating Officer Nautilus Minerals Officer Update bridge loans Nautilus receives additional bridge loans

Nautilus Announces Changes to its Board of Directors

Download Nautilus Minerals press release Toronto Ontario, October 19, 2017 – Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the “Company” or “Nautilus“) announces changes to its board of directors with the appointment of John McCoach following the resignation of Mark Horn. Russell Debney, Nautilus Minerals’ Chairman said “I would like to thank Mark for […]

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Nautilus Announces Preliminary Economic Assessment Nautilus Appoints Chief Operating Officer Nautilus Minerals Officer Update bridge loans Nautilus receives additional bridge loans

Nautilus Minerals – Resignation of Mark P. M. Horn as a Director

Download Nautilus Minerals press release Toronto Ontario, October 5, 2017 – Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the “Company” or “Nautilus“) announces that Mark P M Horn has resigned as a director of Nautilus. Mark P. M. Horn has advised the Company that he will lead Deep Sea Mining Finance Ltd. (“DSMF“), a […]

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submerged trials deep sea mining

Nautilus Minerals Commence PNG Submerged Trials

At the recent Annual General Meeting of Nautilus Minerals Inc., Chairman Russell Debney, announced to gathered shareholders in Toronto that submerged trials for their completed Seafloor Production Tools (SPTs) had begun in Papua New Guinea (PNG).  This announcement came shortly after news that the Nautilus Launch and Recovery System (LARS) had arrived at the Mawei […]

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