Nautilus delays Solwara-1 project

THE global economic downturn and uncertainty in the financial and commodity markets has forced Nautilus Minerals to delay the construction of equipment for its deepsea mining project Solwara-1 off PNG’s coast.

Nautilus delays Solwara-1 project Nautilus delays Solwara-1 project Nautilus delays Solwara-1 project Nautilus delays Solwara-1 project Nautilus delays Solwara-1 project

The Toronto and London-listed company said it would continue to move forward with permitting for its Solwara-1 project, as well as with various engineering and testing activities.

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