Nautilus Minerals Releases Offshore Production System Definition and Cost Study

Nautilus Minerals Inc. announced the results of an independent definition and cost study for its proposed offshore production system to be deployed in the territorial waters of Papua New Guinea ("PNG"). The study provides definition and cost estimates to extract material from the seafloor mineral resources at the company's Solwara 1 site (the "Project"), to raise it to to the support vessel, dewater it and deliver it to the Port of Rabaul, PNG. Read more