As the pandemic dries up traditional revenue sources, some Pacific Island governments are considering diving into the unknown waters of deepsea mining.
Last week DeepGreen announced that it had finalized the acquisition of Tonga Offshore Mining Limited, a subsidiary of the former Nautilus Minerals, from Deep Sea Mining Finance, who is overseeing Nautilus’s restructuring...This places DeepGreen in a strong position to take the lead in the race to
Bioprospecting, the discovery of new pharmaceutical compounds, industrial chemicals, and novel genes from natural systems, is frequently cited among the critical non-mineral commercial activities that yield value from the deep ocean.
A new publication on the impacts of deep-seabed mining by 13 prominent deep-sea biologists, led by University of Hawai'i at Mānoa oceanography professor Craig Smith, seeks to dispel scientific misconceptions that have led to miscalculations of the likely effects of commercial operations to extrac
Interest in deep-sea mining for copper, cobalt, zinc, manganese and other valuable metals has grown substantially in the last decade and mining activities are anticipated to begin soon.
Environmentalists including Britain’s David Attenborough have called for a ban on deep-seabed mining that would extract resources including copper, cobalt, nickel, zinc, lithium, and rare earth elements from nodules on the ocean floor. The International Seabed Authority (ISA), a U.N.
The public is to be consulted for one week on changes to the seabed mining laws, after a last-minute plea from environmentalists. The Seabed Minerals Amendment Bill 2020 was scheduled to be tabled in Parliament yesterday.
The Cook Islands government will allow miners to prospect for minerals on its seabed, with an eye to commencing mining within five years.
This review represents an analysis of literature addressing the predicted and potential impacts of mining deep sea nodules in the Southwest, Central, and Northeast Pacific. More than 250 scientific and other articles were examined to explore what is known — and what remains unknown — about the risks of nodule mining to Pacific Ocean habitats, species, ecosystems and the people who rely on them. The report details scientifically established risks, including those related to the lack of knowledge surrounding this emerging industry.
A new report analysing over 250 peer reviewed scientific articles finds that the impacts of mining deep sea polymetallic nodules would be extensive, severe, and last for generations, causing essentially irreversible species loss.