The order for the cargo handling equipment to be used on Nautilus Minerals’ productionsupportvessel has been awarded to Italian company Bedeschi SPA. It is the second major equipment contract to be awarded ...
The order for the engines and thruster packages for Nautilus Minerals’ productionsupportvessel has been awarded to Rolls Royce Marine of Norway. The order secures the main engines, azimuth and tunnel ...
Mechanical and hydraulic assembly of the second of three Seafloor Production Tools (SPTs) for Nautilus Minerals, the Collecting Machine, has been completed at Soil Machine Dynamics’ facility at Newcastle ...
... Kopa has now fully funded its 15% interest in the Solwara 1 project up to first production.
Nautilus’ CEO Mike Johnston Nautilus’ says, “We are excited to have achieved completion under our agreement ...
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In May 2014, the company announced that following the State nominee, Eda Kopa (Solwara) Ltd, paying US$113 million into escrow for its 15% interest in the Solwara 1 Project up to first production, ...
Assembly of Nautilus Minerals’ third and final Seafloor Production Tool (SPT), the Auxiliary Cutter (AC), has commenced at Soil Machine Dynamics’ (SMD) facility at Newcastle upon Tyne, UK.
Nautilus’ ...
Assembly of the second of three Seafloor Production Tools (SPTs), the Collecting Machine (CM), for Nautilus Minerals’ seafloor mining projects commenced last week at Soil Machine Dynamics’ (SMD) facility ...
... METS market due to the sheer size and scale of the production with forward projections showing further growth. Sean Riley said Australian companies and individuals who had worked in Indonesia had developed ...
... of funding for the State nominee's 15% share of capital required to complete the project's development phase up to first production.
On April 24 the company announced it had resolved the dispute wi ...
Nautilus Minerals and the Independent State of Papua New Guinea last week signed an agreement enabling the Solwara 1 seafloor project to move forward toward production with the full support of the State. ...
... to construction was the final Forestry Department approval. This document is submitted and awaiting ministerial sign-off.
The total estimated development capital required to deliver the production rate, ...
... Grange owns and operates Australia's largest integrated iron ore mining and pellet production business. Savage River magnetite mine is 100km southwest of Burnie while Grange's pellet plant and port facil ...
... will issue almost 38 million shares to a number of investors in a bid to raise Can$34 million needed to continue building its Solwara 1 seafloor production system and key equipment including a lift system, ...
... being found by the emerging seafloor resource production industry,” says Nautilus chief executive officer Stephen Rogers.
Tongling will import the product into China for processing through its facilities ...
... of about Can$150 million.
Nautilus intends to use the net proceeds from the offering to fund the development of Solwara 1 project, to fund the company's equity contribution associated with the productio ...
Nautilus Minerals is taking another step forward in the construction of its seafloor production system, proceeding with an order for the Subsea Slurry Lift Pump (SSLP). It is a key piece of equipment in ...
Nautilus Minerals' plan to open a new frontier of seafloor resource production has taken a major step forward, with the formation of a strategic partnership with German shipping company Harren & Partner. ...
... project can be constructed within a 24 or 36 month period followed by a ramp-up in coal production over a further two-year period to the 30 million tonne capacity. The coal is high quality sub-bituminou ...
... tonne, up from 1.2 million tonnes previously, and are on track to achieve our objected of a 6 million tonne export rate by Christmas. “Rapidly growing production, exports and cashflows make it an exciting ...
AN independent definition and cost study for Nautilus Minerals’ proposed offshore production system to be deployed in the territorial waters of Papua New Guinea (PNG) estimates its will take 30 months ...