June 20, 2012 Papua New Guinea won’t budge over Nautilus seabed mine. Shareholders abandon ship Canada's embattled Nautilus Minerals dropped 11.5% on Wednesday after Papua New Guinea said it is within its rights to terminate a deal made last year for the development of the…
June 20, 2012 Olympus announces chief operating officer’s resignation In tow of the John Seton's announcement, Olympus stock climbed 14% to close at $0.28.
June 20, 2012 China takes up India’s gold buying slack A strong yuan and few other investment opportunities are prompting record gold buying in China just as India's appetite wanes due to a weakening currency.
June 20, 2012 India ‘condemning’ millions to stay poor, says Lakshmi Mittal Joining the likes of NR Narayana Murthy and Azim Premji to blame the Indian government for policy inaction, UK-based NRI billionaire LN Mittal has said the country is potentially condemning…
June 20, 2012 Nautilus Minerals Inc.: Further Update on Dispute Process with State of PNG Papua New Guinea has issued a Notice of Arbitration to the company which asserts that Nautilus has breached the Agreement and that the State is entitled to terminate the Agreement.
June 19, 2012 Uranium market to pick up as reactors come back Australia-based Foster Stockbroking said Tuesday that an industry-wide restart would boost global uranium demand by 30 million pounds a year which could act as a catalyst to flagging uranium prices.
June 19, 2012 India’s polished diamond exports drop 44% in May The month of May delivered 44% drop (on yearly basis) in India’s polished diamond exports which is valued at $1.245 billion, while the volume of exports declined 50% to 2.574…
June 19, 2012 Falling Rupee stalls diamond industry Indian firms that have borrowed funds from overseas banks would now have bear a higher burden for discharging their debts. Moreover, the diamond industry is dependent on import of rough…
June 18, 2012 Prophecy Coal to purchase Tethys Mining exploration licenses Drill results of the agreed upon regions estimated to at 540 million tonnnes of thermal coal.
June 18, 2012 Nautilus dispute with Papua New Guinea authorities threatening underwater mining future Canada-based Nautilus Minerals Inc. (TSX:NUS)(OTCQX:NUSMF)(AIM:NUS) said Monday that despite several meetings with Papua New Guinea's government representatives in the last two weeks, the company is still battling authorities in regards…
Capstone Copper’s Chilean workers ready to strike if mediation fails The 645-member union rejected a contract offer in mid-December. December 24, 2025 | 12:12 pm