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Nautilus still waiting for controversial $118 million

Staff Reporter | 4:14 PM | ||
Nautilus Minerals | MarketWatch

Nautilus Minerals announces that the Independent State of Papua New Guinea (the “State”) has not yet completed the purchase of its 30% interest in the Solwara 1 Project.

openThe Company is in discussions with senior officials of the State and it remains Nautilus’ preference to resolve these matters amicably with the State.