Archive | Deep Sea Mining

Murky waters: Deep-sea miners say they offer a clean, ethical way to harvest precious metals for a low-carbon future. Environmentalists aren’t convinced. – by Janet Davison (CBC News – August 5, 2018)

August 4, 2018 in Asia Mining, Canadian Media Resource Articles, Cobalt, Critical, Strategic and Rare Earth Minerals and Metals, Copper, Deep Sea Mining, Nickel

https://newsinteractives.cbc.ca/

They don’t look like much at first, the black, potato-shaped blobs that lie scattered on the seabed, deep beneath the surface of the Pacific Ocean. But as is so often the case, looks can be deceiving.

These nodules, and the metals that lie within them, are at the heart of a new and potentially lucrative mining frontier.

Metals like cobalt, copper, nickel and manganese have been mined on land for years, but going deep into the ocean to find them is becoming an increasingly tantalizing prospect. Companies like DeepGreen Metals and Nautilus Minerals — both with Canadian ties — have invested millions in preparation to raise the minerals from the seabed.

The metals in question are found in three sources: those potato-sized nodules; seafloor massive sulphide (SMS) deposits around hydrothermal vents; and cobalt-rich crusts near underwater mountains. Continue Reading →

Nautilus Minerals tanks on shipbuilding contract cancellation – by Cecilia Jamasmie (Mining.com – July 4, 2018)

July 5, 2018 in Canada Mining, Canadian Media Resource Articles, Deep Sea Mining, Junior Exploration Sector

http://www.mining.com/

Shares in Canada’s Nautilus Minerals (TSX:NUS), one of the world’s first seafloor miners, were hit hard on Wednesday after the owner of the shipyard where the company’s support vessel is being made said it had cancelled the contract with the supplier chosen by Nautilus to build its ships.

The Toronto-based company, which is in the last stages of developing its Solwara 1 gold, copper and silver project, off the coast of Papua Guinea, said Fujian Mawei Shipbuilding’s decision was in response to shipbuilder MAC Goliath Pte’s failure to pay the third instalment of the contract price — $18 million before interest.

The company’s stock fell almost 19% in Toronto on the news, hitting 15 Canadian cents at 12:21 PM local time, but between the average range it’s traded so far this year. In the last seven years, however, Nautilus’ shares have sunk around 90% and is now valued at just over Cdn $111 million. Continue Reading →

THE RACE TO SEND ROBOTS TO MINE THE OCEAN FLOOR – by Eric Niiler (Wired Magazine – June 4, 2018)

June 5, 2018 in Deep Sea Mining, International Media Resource Articles

https://www.wired.com/

WHEN THE 300-FOOT Maersk Launcher docked in San Diego early Monday morning, it unloaded a cargo of hardened black blobs scooped from the bottom of the sea. The blobs are not rocks, but naturally-occurring metallic nodules that could one day yield metal deposits of cobalt, manganese, and nickel—not to mention scarce rare earth minerals.

As worldwide demand rises for electric vehicle batteries and wind turbines, along with next generation technologies and weapon systems, demand for these metals has taken off. And the seabed is a prime target for those mining operations. Of course, it’s no small feat to bring these potato-sized nodules from the bottom of the remote Pacific Ocean, and then sail them to a processing plant where the metals can be extracted.

But leaders of Canada-based mining company DeepGreen Metals and its subsidiary NORI (Nauru Ocean Resources Inc.) think they have figured out how to harvest the nodules without wrecking the deep ocean habitat—and make a profit at the same time. Continue Reading →

As China leads the hunt for deep-sea minerals, environmental and financial concerns come to the surface – by David Dodwell (South China Morning Post – May 4, 2018)

May 4, 2018 in Asia Mining, Deep Sea Mining, International Media Resource Articles

http://www.scmp.com/

Nasa may be scouring deep space for signs of life. Elon Musk might be looking to Mars. China’s scientists have had an eye cast skyward too – but, at the same time, the country seems keenly focused on challenges much closer to home – mineral riches in our oceans.

For decades, the quest for riches scoured from our oceans has been the stuff of fiction. Back in 1974, the CIA hoaxed the world by saying they were launching Project Azorian, a Pacific Ocean search for mineral-rich manganese nodules 4,900m deep. In fact, they were secretly looking for – and indeed found – the sunken Soviet submarine K-129.

In reality, the cost and uncertainty of deep-sea exploration has frustrated all attempts to begin plundering the assets in the oceans. Until now. Continue Reading →

Deep-sea mining possibly as damaging as land mining, lawyers say – by Ben Doherty (The Guardian – April 18, 2018)

April 18, 2018 in Deep Sea Mining, International Media Resource Articles

https://www.theguardian.com/

The “new global gold rush” over deep-sea mining holds the same potential pitfalls as previous resource scrambles, with environmental and social impacts ignored and the rights of Indigenous people marginalised, a paper in the Harvard Law Review has warned.

A framework for deep-sea mining – where polymetallic nodules or hydrothermal vents are mined by machine – was first articulated in the 1960s, on an idea that the seabed floor beyond national jurisdiction was a “common heritage of mankind”.

But exploration has gathered momentum in the past three years, with licences granted off Papua New Guinea’s coastlines, and successful mining off Japan late last year. The International Seabed Authority, which is drawing up a draft mining code, has issued 29 exploration contracts for undersea mining in international waters beyond any national jurisdiction. Continue Reading →

[Deep Sea Mining: Papua New Guinea] The secret on the ocean floor: (BBC News – February 19, 2018)

February 20, 2018 in Australia/New Caledonia/Papua New Guinea Mining, Battery Technology Innovation/Electric Vehicles, Deep Sea Mining, International Media Resource Articles, Mining Conflict and Opposition

http://www.bbc.co.uk/

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 →

Deep sea mining: Charting the risks of a new frontier – by Lars Bevanger(Deutsche Welle – Janaury 24, 2018)

January 24, 2018 in Deep Sea Mining, International Media Resource Articles

http://www.dw.com/en/

Our growing demand for resources has prompted companies to turn to mining in the depths of the oceans. With help from robots, a team of German scientists is racing to map the potential environmental damage.

The Earth’s oceans hide vast amounts of valuable minerals and metals, and as some onshore deposits run low, mining companies are looking for ways to make deep sea mining both technologically possible and profitable.

This is partly driven by the need for so-called rare earth metals to produce the magnets, batteries and microchips driving our gadgets, electric cars and wind turbines. Continue Reading →

World-first mining case launched in PNG – by Tom Lodewyke (Lawyers Weekly – December 14, 2017)

December 14, 2017 in Australia/New Caledonia/Papua New Guinea Mining, Deep Sea Mining, International Media Resource Articles

https://www.lawyersweekly.com.au/

Citizens of Papua New Guinea have launched landmark legal proceedings against the country’s government over a deep seabed mining project.

Coastal communities in Papua New Guinea (PNG) recently commenced proceedings against the PNG government over the Solwara 1 project, the world’s first deep seabed mine.

The Centre for Environmental Law and Community Rights (CELCOR) in Port Moresby is representing four community plaintiffs. They are seeking information on the legality of the mine’s approval, as well as the likely environmental, social, cultural and economic impacts. Continue Reading →

The best diamonds in the world are buried at the bottom of the Atlantic Ocean – by Aislinn Laing (Quartz.com – October 29, 2017)

October 30, 2017 in Deep Sea Mining, Diamond Mining, International Media Resource Articles

https://qz.com/

The best diamonds in the world come from the sea. Swept up from riverbeds by the mighty Orange River in southern Africa back when dinosaurs still roamed the earth, their bumpy journey to the Atlantic polished them and broke up any stones with flaws, ensuring only the strongest and best survived.

Those diamonds landed off the coast of what is now Namibia, creating the world’s richest marine-diamond deposit. The country’s territorial waters are now estimated to hold 80 million carats, and the world’s biggest diamond miner, De Beers, has quietly built up an armada off the coast to vacuum up those precious gems.

Diamonds on land are running out; no economically viable new source has been found in 20 years. Continue Reading →

Deep sea mining – by Elaine Maslin (Offshore Engineer – October 1, 2017)

October 2, 2017 in Deep Sea Mining, International Media Resource Articles

http://www.oedigital.com/

Many are looking to a new resource, deep sea minerals, thanks to growth in demand from emerging economies and the development of new technologies that require increased supply of metals such as copper.

While interest in mining metals from the deeps has been ongoing since the 1960s, activity has remained low, due to low metal prices and the challenges of operating in deep sea environments. This activity is also the focus of strong local and environmental opposition.

Slowly, however, the pieces have been falling into place to permit this activity. In 1982, the United Nations Convention on the Law of the Sea (UNCLOS) established the International Seabed Authority (ISA), based in Jamaica, to organize and regulate mineral-related activities in seabed areas beyond the limits of national jurisdictions. Continue Reading →

Treasures beneath the sea – by Chu Daye (Global Times – September 26, 2017)

September 26, 2017 in Asia Mining, Deep Sea Mining, International Media Resource Articles

http://www.globaltimes.cn/

China set to make breakthrough in deep-ocean mining of rare, hotly-demanded metals

Before mankind’s first commercial deep-sea mining endeavor begins in 2019, China’s Xiang Yang Hong 06 survey vessel is currently examining the seabed of the East Pacific for precious metals in a three-month-long voyage.

A leading expert in China’s seabed mining quest says of the voyage that the country is sailing toward a program that will see the extraction of 30 tons of minerals per hour from 1,700 meters beneath the sea by 2020, minerals that are much-needed in the country.

In August, the Xiang Yang Hong 06 vessel left Qingdao in East China’s Shandong Province for the Clarion-Clipperton Fracture Zone in the East Pacific, south of the Hawaiian Islands, to search for polymetallic nodules. Aboard the survey vessel are experts from China Minmetals Corp (CMC), in the company’s first voyage to search for mining opportunities for deep-sea rare metals. Continue Reading →

Advancing technology signals imminent opening of undersea mineral treasure chest – by Henry Lazenby (MiningWeekly.com – August 29, 2017)

August 30, 2017 in Canadian Media Resource Articles, Deep Sea Mining

http://www.miningweekly.com/

VANCOUVER (miningweekly.com) – In a new era of ever-advancing technology and increased legal certainty, ocean floor mining is set to take off in the next decade as several juniors jostle to be first to exploit the wealth hidden on the deep ocean floor.

DeepGreen Resources chief development officer Anthony O’Sullivan believes it is in the running to reach the ocean depths, with access to a prime base metals tenure in a prospective region of the Pacific ocean floor.

The company’s flagship Nori project is part of the Clarion Clipperton Zone (CCZ) of the Central Pacific, which was first discovered in 1873 – an area believed to hold an abundance of the polymetallic nodules, with metal concentrations occurring on the vast abyssal plains at a depth of about 4 000 m to 6 000 m in international waters, O’Sullivan told an audience attending the fifty-sixth Annual Conference of Metallurgists, in Vancouver. Continue Reading →

Deep Sea Mining and the Controversial Solwara 1 Project in Papua New Guinea – by Peter Neill (Huff Post – July 11, 2017)

July 12, 2017 in Australia/New Caledonia/Papua New Guinea Mining, Canada Mining, Deep Sea Mining, International Media Resource Articles

http://www.huffingtonpost.com/

Peter Neill is the Director of the World Ocean Observatory.

It has been some time since we’ve reflected on the issue of deep sea mining — the search for minerals of all types on the ocean floor.

We have seen already how marine resources are being over-exploited — over-fishing by international fisheries being the most egregious example, mining for sand for construction projects and the creation of artificial islands, the exploitation of coral reefs and certain marine species for medical innovations and the next cure for human diseases based on understanding and synthesis of how such organisms function.

The Deep Sea Mining Campaign, an organization based in Australia and Canada, has been following the saga of Solwara 1, proposed by Nautilus Inc. for offshore Papua New Guinea that continues to seek financing year after year since 2011. Continue Reading →

Future of diamond mining in the sea – by Magreth Nunuhe (The Southern Times – June 26, 2017)

June 26, 2017 in Africa Mining, Deep Sea Mining, Diamond Mining, International Media Resource Articles

The Southern Times – Top News For Southern Africa

WALVIS BAY – Having the richest marine diamond deposits in the world, Namibia has set its sights on the ocean as the output of marine diamond production continue to enormously outstrip production of the precious stones on land.

Last year, marine diamond production yielded 1.17 million carats, while land operations generated 403,000 carats, contributing over billions of dollars in revenue. Namibian diamond mining takes place at around 120 to 140 metres below sea level.

In the next 15 years, it is estimated that diamond production on land in Namibia will run out and that 95 percent of diamond production will come from the sea. With approximations that the 3,700 miles squared concession area at sea on the south-west coast of Southern Africa will provide plenty of gemstones for the next 50 years, De Beers Group and Debmarine Namibia inaugurated the world’s most advanced exploration vessel, dubbed the mv SS Nujoma at the coastal town of Walvis Bay on 15 June 2017. Continue Reading →

Opposition will ‘not let up’ to planned seabed mining in Philippines – by Rachel E. Llorca (Asia Pacific Report – June 7, 2017)

June 7, 2017 in Asia Mining, Deep Sea Mining, International Media Resource Articles

Manila – Fishermen from the archipelagic province of Romblon in the Philippines are opposed to planned deep sea mining ventures in the area amid fears it will destroy their livelihoods. One of these fishermen is 55-year-old Agosto Rivera. Fishing is his livelihood, with the fish nets and blue sea of Odiongan Bay –- part of Tablas Island –- his constant companion for 43 years.

With a PHP300 (NZD$8) daily bounty from fishing, and sometimes a PHP5000 (NZD$140) commission when doing deep sea fishing, the sea has been the lifeblood of Rivera’s wife and 10 children.

But Rivera’s livelihood, and that of the estimated 1390 fisher folk in Odiongan Bay, is said to be in danger. Rivera’s fears are echoed by local government leaders and cause-oriented citizens (known locally as Romblomanons) who are wary of prospective deep sea mining operations that the firm Asian Palladium Mineral Resources, Inc. wants to conduct in Romblon’s Tablas Strait. Continue Reading →