New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 18, 2014
08:44 EDTOMEXOdyssey Marine recovers over 13,500 silver, gold coins from SS Central America
Odyssey Marine Exploration, announces operational reports and inventories of items recovered from the SS Central America shipwreck site. These items were initially filed under seal in the United States District Court, Eastern District of Virginia, Norfolk Division. Chief U.S. District Judge Rebecca Beach Smith has allowed the reports to be unsealed and made available to the public. Odyssey has been working since April under contract to Ira Owen Kane, the receiver for Recovery Limited Partnership, or RLP. RLP is the court-appointed salvor-in-possession of the SS Central America shipwreck. The inventories detail the items recovered to date, which include gold ingots, nuggets, dust and a wide variety of gold coins from $20 double eagles down through $10, $5, $2.50 and $1 gold coins, as well as California fractional gold, territorials and a wide variety of foreign gold. Additional significant cultural heritage artifacts have been identified and will be recovered.
News For OMEX From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
June 29, 2015
08:42 EDTOMEXOdyssey Marine announces ExO completes documentation filing for 'Don Diego'
Subscribe for More Information
June 22, 2015
09:27 EDTOMEXOdyssey Marine extends environmental review time frame of 'Don Diego'
Odyssey Marine Exploration reported that Exploraciones Oceanicas, or ExO, the Mexican company that controls the “Don Diego” offshore phosphate resource has opted to extend the review period for their Environmental Impact Assessment, or EIA, by resubmitting the EIA. Odyssey controls ExO through the company’s 54% ownership in Oceanica Resources. Under the Mexican legal process, the only mechanism to extend the EIA time frame, thereby allowing the briefings to occur after Monday, June 22, is to resubmit the EIA, which is expected to take place in the coming weeks. Economic assistance, employment and extensive environmental monitoring and mitigation programs have already been developed and voluntarily proposed by ExO. These programs were designed to reinforce the company’s commitment to good corporate citizenship and environmental stewardship. Local officials and industry leaders will be briefed and their ideas sought for maximizing the benefit of these programs on a local basis. These measures include significant job creation in the region; monitoring and protection programs for marine turtles, fish, benthic invertebrates, marine fauna, marine mammals including whales, and seabirds; education programs; and a seafloor restoration program. As a demonstration of their continued support, MINOSA has accelerated the disbursement of the final debt advance to Odyssey, bringing the total amount advanced to $14.75M.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use