Copper Drives Papua New Guinea Island’s Independence Movement
A Papua New Guinea island is looking for independence, and the wealth of its copper mine is critical to the movement.
A Papua New Guinea island is looking for independence, and the wealth of its copper mine is critical to the movement.
Nautilus Minerals Inc. (TSE:NUS) confirms the extension of high grade copper mineralisation beyond the project's previously identified massive sulphide system in Papua New Guinea.
Two new high-grade Seafloor Massive Sulphide (SMS) systems, Solwara 9a and Solwara 9b, were found by Nautilus Minerals Inc. Stephen Rogers, Nautilus’ CEO, commented: “The discovery of Solwara 9 is strategically important and builds our project portfolio. In the Nautilus model our mining vessel moves from one deposit to the next without the need for [...]
A new high grade copper-zinc system was found by Nautilus Minerals, known as Solwara 10. The company is the first of its kind as it is exploring the ocean floor for gold and copper seafloor massive sulphide deposits. Stephen Rogers Nautilus' CEO commented: "The discovery of the Solwara 10 SMS system reinforces the prospectivity of [...]
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