Nautilus

20 October, 2014

Source: Environment 360

Author: Mike Ives

For years, the idea of prospecting for potentially rich deposits of minerals on the ocean floor was little more than a pipe dream. Extractive equipment was not sophisticated or cost-effective enough for harsh environments thousands of feet beneath the ocean’s surface, and mining companies were busy exploring mineral deposits on land.

Continue reading Drive to Mine the Deep Sea Raises Concerns Over Impacts

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13 May, 2014

Source: Canadian Geographic

Author: Ariana Kaknivicius

A Canadian mining company has been approved to start extracting ores of copper, gold and other valuable metals on the Pacific sea floor. The company, Nautilus Minerals, reached an agreement with Papua New Guinea to start mining within the next five years. Nautilus was granted a 20-year licence to excavate at Solwara 1, a site 30 kilometres off Papua New Guinea’s coast in the Bismarck Sea.

Continue reading Canadian mining company could be involved in world’s first deep sea mine

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29 March, 2012

Source: Deep Sea News

Author: Rick Mac

On May 20th, 2010–one month to the day after the Deepwater Horizon oil rig (under lease by British Petroleum) exploded and caught fire in the Gulf of Mexico, beginning what would become the largest accidental marine oil spill in the history of the petroleum industry–the U.S. government and numerous environmental organizations accused BP of falling short in the information it had provided about the spill. While oil literally gushed from the Macondo blowout, information on what was happening beneath the water surface was not so free-flowing. Allegations were made that BP had engaged in a “cover-up” about the extent of the damage and the amount of crude flowing unchecked from its ruptured well at a water depth of approximately 5,000 feet (1,500 m).

Continue reading James Cameron and the Dawn of Deep Truth?

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