Mining Weekly.com Browse Help
Intelligence on mining

Nautilus secures further bridge funding

Creamer Media Deputy Editor: North America
TSX-listed marine mining project developer Nautilus Mining has secured a further bridge loan of up to $34-illion from Deep Sea Mining Finance, which is intended to tide the company over until it is able to start undersea mining at its flagship Solwara 1 project, offshore Papua New Guinea (PNG). To date the company has received bridge loans from the Lender totalling $6.65-million.

Latest content...

Register for daily alerts on news as it breaks in various key economic sectors - Click here to register