A wave of pioneers is poised to scoop up treasure from the deep sea. But was this ocean mining boom sparked by a 1970s CIA plot?
In the summer of 1974, a large and highly unusual ship set sail from Long Beach in California. It was heading for the middle of the Pacific where its owners boasted it would herald a revolutionary new industry beneath the waves.
Equipped with a towering rig and the latest in drilling gear, the vessel was designed to reach down through the deep, dark waters to a source of incredible wealth lying on the ocean floor.
It was billed as the boldest step so far in a long-held dream of opening a new frontier in mining, one that would see valuable metals extracted from the rocks of the seabed. Continue Reading →