09:48 AM EST - Nautilus Minerals : announced it is taking another step forward in the construction of its seafloor production system, proceeding with an order for the Subsea Slurry Lift Pump (SSLP). The SSLP will pump high grade slurry from the bottom of the riser, at Nautilus' proposed Solwara 1 project in the Bismarck Sea of Papua New Guinea (PNG), to a Production Support Vessel (PSV) floating approximately 1,600 metres above. It is a key piece of equipment in Nautilus' plan to produce commercial quantities of copper, gold and other metals from the deep ocean. Nautilus Minerals
shares T.NUS are trading up $0.01 at $2.60.
