Copper $ 5.3925 / lb 0.58%

Brent Crude Oil $ 59.63 / bbl 1.17%

Palladium $ 1687 / ozt 1.38%

Crude Oil $ 55.85 / bbl 1.40%

Natural Gas $ 3.953 / Btu 0.43%

Silver Futures $ 65.765 / ozt 3.09%

Aluminum Futures $ 2874.75 / ton -0.18%

Micro Gold Futures $ 4344.9 / ozt 0.28%

Micro Silver Futures $ 65.77 / ozt 3.11%

Platinum $ 1936.6 / ozt 3.33%

Gold Futures $ 4345.2 / ozt 0.27%

Go to MDC Markets

Nautilus produces clean high-grade copper from PNG seafloor

mining news | May 29, 2008 | 2:12 pm Asia

Nautilus Minerals has announced it has been able to produce clean high-grade copper concentrate from its sea-floor site in Papua New Guinea. Nautilus is hoping to become the first company in the world to begin commercial mining of the sea-bed and is moving ahead fast in other Pacific Island countires with exploration well underway in Tonga, and licence applications lodged in Fiji and Solomon Islands….more at Radio Australia