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Papua New Guinea won't budge over Nautilus seabed mine. Shareholders abandon ship

Frik Els | June 20, 2012 | 8:36 pm Base Metals Precious Metals Asia Copper Gold Silver 

Canada's Nautilus Minerals  (TSX:NUS)(OTCQX:NUSMF)(AIM:NUS) dropped 11.5% on Wednesday after the company announced that Papua New Guinea has responded to its claims concerning a deal that is now the subject of arbitration proceedings. The PNG government is refusing to pay its...

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