Sea-bed mining is as expensive as space exploration and this means small Pacific Island Countries will not dominate if mining the sea-bed is to be allowed, said the… 396 more words
Tags » Deep Sea Mining
Twenty-three years ago, Richard Auty used the concept of the ‘resource curse’ to describe how countries rich in mineral resources – especially low and middle-income countries – are unable to use their mineral wealth to enhance their economic growth. 757 more words
A federal court settlement requires the government to assess the impact of strip-mining the ocean floor before issuing exploration permits to companies.
I mentioned Global Fishing Watch not too long ago. Now there’s Deep Sea Mining Watch. “Unlike the offshore oil industry, which has been drilling in underwater environments for decades (with sometimes devastating consequences), the machinery required to mine gold, zinc, nickel, copper, manganese, and other valuable minerals from the deep sea is only now reaching maturation. 54 more words