PORT MORESBY, PAPUA NEW GUINEA — Rising out of the sea at the collision of the Pacific and Indo-Australian tectonic plates, Papua New Guinea is the stuff of legend for both its geological potential and punishing working environment.
After last year’s funding dispute with the government of Papua New Guinea (PNG), Nautilus Minerals (NUS-T) is continuing to suspend development of its erstwhile flagship Solwara 1 deep-sea mining project.
Toronto Stock Exchange
The TSX Composite Index fell 342 points to 11,877.72 in the Nov. 12-16 period as investors continued to focus on a series of tough global issues.
ng harder to find and even harder to put into production owing to social and political hurdles, a small but growing group of companies are looking to the sea floor as their next source of riches.Nautilus Minerals (NUS-T) has been at the…
VANCOUVER — Starting the world’s first seabed mining operation was never going to be simple, but for Nautilus Minerals (NUS-T), the challenges have been multiplying.
Aldridge Minerals (AGM-V) has added its name to a growing list of mining companies leaving or looking to leave Papua New Guinea (PNG).The company will abandon its Kili Teke gold-copper property in the country now that its licence renewal…
VANCOUVER — With big mineral deposits becoming harder to find and even harder to put into production thanks to social and political hurdles, a small but growing group of companies are looking to the sea floor as their next source of…
Aldridge Minerals (AGM-T) has added its name to a growing list of mining companies leaving or looking to leave Papua New Guinea (PNG).
The TSX Composite Index fell 29 points to finish the March 19 to 23 period at 12,465.66 points. The sell-off came after market participants were surprised by bad manufacturing numbers out of China and Europe.
With earnings season right around the corner the TSX Composite Index was up 203 points to 13,494.63 for the July 18-22 period. The move came as investors anticipated solid numbers from the resource sector thanks to strong commodity prices…
A faltering U.S. economic recovery, a potential economic cooling in China, and a Greek debt crisis have all translated to a tough start of the year for the junior resource sector.
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.