Nautilus Minerals Share Discussion Threads

[excellance] 31/1/2012 10:42

i dunno but the story is very exciting!

[eaglebeagle] 30/1/2012 15:57

I wonder what is driving this uptick?

[andrbea] 30/1/2012 15:27

across the pond
up 3.90%

[andrbea] 10/1/2012 15:50

seller done?


TSX, AIM SYMBOL: NUS

January 9, 2012

Nautilus Minerals Inc.: Sale of Shares by Non-Executive Director

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 9, 2012) - Nautilus Minerals Inc. (TSX:NUS)(AIM:NUS)
was notified on 6 January 2012 that Russell Debney, Non Executive Director, disposed of 63,000 common
shares in the Company in four tranches.

The first tranche of 20,000 shares was sold on December 29, 2011 at a price of C$1.94. The second
tranche of 20,000 shares was sold on 30 December, 2011 at a price of $C1.90 per share. The third
tranche of 13,000 shares was sold on January 4, 2012 at an average price of C$1.88 and the final
tranche of 10,000 shares was sold on January 1, 2012 at a price of $1.9041 per share.

[andrbea] 10/1/2012 15:25

nus 8%

In the absence of rules or protection, mining deep-sea vent system will happen (see this enlightening article from the Economist in 2009), and indeed is about to happen. Nautilus Minerals of Canada plans to start mining the Solwara Vent in 2013, although, Chown notes, "environmental impacts at this site will, apparently, be well managed." Neptune Minerals of Australia was granted exploration licenses for sites off Papua New Guinea, Micronesia, and Vanuatu, and in 2008 applied for mining licenses for two site off New Zealand, according to the Economist. Russia has its eye on four sites on the Mid-Atlantic Ridge, and China is exploring the Indian Ocean.

[andrbea] 06/1/2012 16:23

blue
is it going to bounce?




06/01/2012 15:39:10 NUS 130.91 O 400
06/01/2012 15:39:07 NUS 130.91 O 100
06/01/2012 15:39:07 NUS 130.91 O 100
06/01/2012 15:39:05 NUS 130.91 O 300
06/01/2012 15:39:05 NUS 130.91 O 100
06/01/2012 15:39:01 NUS 129.01 O 200
06/01/2012 15:39:01 NUS 129.01 O 300
06/01/2012 15:39:01 NUS 129.01 O 100
06/01/2012 15:38:59 NUS 128.38 O 100

[talk2dubya] 28/12/2011 17:03

Surely that should be 2013?

[andrbea] 27/12/2011 14:13

"We aim to move 1.3 million tons of material per year," says Joe J. Dowling, vice president for investor relations and communications at Nautilus. At that rate, he says, the Solwara 1 resource should last at least two or three years. Hundreds of hydrothermal vent fields have been identified and thousands more may exist, but Dowling says that relatively few of them may be feasible or economical for mining.

Beyond Solwara 1, the company is looking at another site 25 kilometers to the northwest, "and we expect to find other deposits in the Bismarck Sea in the coming years," Dowling says. Nautilus also has rights to areas near Tonga and Fiji, and applications pending with New Zealand and other countries.

[excellance] 25/11/2011 13:33

new drilling report and maiden resource...

[lucky_punter] 10/10/2011 14:23

AIM and Toronto-listed Nautilus Minerals (LON:NUS, TSE:NUS) said it has raised C$27.6 million via a private placement of shares. It is part of a much larger cash call to bring in more than C$98 million before expenses.

[kalkulacka] 31/8/2011 21:39

private placement announced, 39 million shares at CAD$2.52 (US$2.58 or GBP1.59) per share

[andrbea] 11/8/2011 15:10

bullish rns

nus up 9%

let's see how it reacts across the pond

Following the grant of the Fijian leases, Nautilus holds exclusive exploration tenements covering a
total of approximately 230,000 km2 in the western Pacific, and has applied for a further 370,000 km2,
taking the total to approximately 600,000 km2 (www.nautilusminerals.com/i/pdf/FijiTenementsAug11.pdf).

Nautilus' CEO, Steve Rogers said the award of the licences was an important step forward for Nautilus
and for Fiji.

"The territory is very promising and has the potential to host significant high grade deposits of
copper, zinc, silver and gold.

"Following the recent grant of exploration licences by the International Seabed Authority, the Fijian
government's decision to select Nautilus as the first private sector, commercial organisation to be
granted offshore exploration leases reconfirms the leading status of Nautilus in this new industry,"
he said.

[andrbea] 11/8/2011 09:34

Another alarming bit of news is that a heretofore obscure United Nations agency called the International Seabed Authority just granted Russia a 15-year license to prospect for gold and copper beneath 10,000 square kilometers of the Atlantic Ocean. The UN is suddenly getting busy granting these concessions; China just got one too for an iron-rich stretch of the Indian Ocean. The claims have nothing to do with territorial waters. They involve open ocean that somehow or other the "international community" got the rights to divvy up. Russia's new stake lies about halfway between Africa and South America.

Like the Arctic shipping story, this one promises putative economic benefits. Preliminary research shows that seabed mineral ores can contain up to 10% metal, compared to a 1% average near the Earth's surface. There is also a stock tip for the attentive investor. Nautilus Minerals, a Canada-listed company 20% owned by Russian oligarch Alisher Usmanov, may take a role in the Atlantic exploration, according to the Moscow Times.

[wstirrup] 10/8/2011 11:51

Guys/Gals,

There's a few things that have stopped me stumping up for some NUS. The early stage that the company is at, and also a worry that they will need to dilute by making further cash-calls, but perhaps one of the most important things is proving to a wider environmental community that deep-sea mining is relatively risk free.

Certainly out of sight is out of mind, but, what damage to deep-sea eco-systems will be done that have an, as yet unknown, wider impact on the food-chain.

We start tinkering with global eco-systems at our peril, and with so much of that part of the world dependent on the sea for their protein needs, they need to be careful that the repercussions are minimal, and manageable.

When I know more, then I suspect I will invest, but good luck to those already in.

When corporations don't clean up as they go, then they are really passing the costs onto the rest of society or those who are perhaps least able to afford it - like sailors, small-holders, those on limited incomes.


W.

[andrbea] 10/8/2011 09:51

CEO interviewed:

/...

Due to this, the seabed mining processes "has a minimal environmental impact" as compared to mining on land.

Dowling also said that per tonne of copper, it is actually cheaper than terrestrial mining "as we are dealing with very high grades, with our resource sitting at around 7% while some land based projects have grades of only .5%, so the amount of material needed to get more copper from the sea floor is much less than is required on land".

He said that "seabed mining has an image problem, and some people don't fully understand what we are doing. We are trying to develop a project that will be in operation for many years, one that is environmentally sound, and we need to make sure we do that right".

Nautilus was granted mining licences from Papua New Guinea in January and according to Dowling, the miner plans to be in production by the end of 2013, and aims to generate around 80 000 tonnes of copper and 150 000 ounces of gold per year.

[wstirrup] 09/8/2011 12:04

No news is good news for those waiting to get in... Like ME! :¬))

W.