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THE PRESENT STATUS OF OCEAN
DEEP MINING
Dr. Steven Scott, a geologist at the
University of Toronto, in Toronto,
Canada says that advances in
marine geology and deep ocean
technology have combined to make
it realistic to go more than two
kilometres underwater for gold and
other mineral treasures.
It's a transformation that he
says has evoked a knee-jerk
reaction over the possible
environmental impacts of this
mining, which he believes
could be less destructive than
terrestrial mining.
Presently, the world's first two neophyte
marine mining companies, Nautilus Minerals
and Neptune Minerals are actively exploring
the possibility of mining deep sea floor
deposits. Neptune is assessing deposits it
holds the rights to in territorial waters off the
north coast of New Zealand's North Island.
Nautilus and its joint venture partner Placer
Dome, a Canadian gold mining company, are
collecting samples from a deposit to which
Nautilus holds the rights in the Bismarck Sea
off the eastern coast of Papua New Guinea.

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The present status of ocean deep mining

  • 1.
  • 2. THE PRESENT STATUS OF OCEAN DEEP MINING
  • 3. Dr. Steven Scott, a geologist at the University of Toronto, in Toronto, Canada says that advances in marine geology and deep ocean technology have combined to make it realistic to go more than two kilometres underwater for gold and other mineral treasures.
  • 4. It's a transformation that he says has evoked a knee-jerk reaction over the possible environmental impacts of this mining, which he believes could be less destructive than terrestrial mining.
  • 5. Presently, the world's first two neophyte marine mining companies, Nautilus Minerals and Neptune Minerals are actively exploring the possibility of mining deep sea floor deposits. Neptune is assessing deposits it holds the rights to in territorial waters off the north coast of New Zealand's North Island. Nautilus and its joint venture partner Placer Dome, a Canadian gold mining company, are collecting samples from a deposit to which Nautilus holds the rights in the Bismarck Sea off the eastern coast of Papua New Guinea.