Sea Mining

     Sea Mining
Deep sea mining is a relatively new mineral retrieval process that takes place on the ocean floor. Ocean mining sites are usually around large areas of polymetallic nodules or active and extinct hydrothermal vents at 1,400 to 3,700 metres (4,600 to 12,100 ft) below the ocean’s surface. The vents create globular or massive sulfide deposits, which contain valuable metals such as silvergoldcoppermanganesecobalt, and zinc.[ The deposits are mined using either hydraulic pumps or bucket systems that take ore to the surface to be processed. As with all mining operations, deep sea mining raises questions about its potential environmental impact. Environmental advocacy groups such as Greenpeace and the Deep sea Mining Campaign[4] have argued that seabed mining should not be permitted in most of the world's oceans because of the potential for damage to deepsea ecosystems and pollution by heavy metal laden plumes.In the 1960s the prospect of deep-sea mining was brought up by the publication of J. L. Mero's Mineral Resources of the Sea. The book claimed that nearly limitless supplies of cobalt, nickel and other metals could be found throughout the planet's oceans. Mero stated that these metals occurred in deposits of manganese nodules, which appear as lumps of compressed flowers on the seafloor at depths of about 5,000 m. Some nations including FranceGermany and the United States sent out research vessels in search of nodule deposits. One such vessel was the Glomar Explorer. Initial estimates of deep sea mining viability turned out to be much exaggerated. This overestimate, coupled with depressed metal prices, led to the near abandonment of nodule mining by 1982. From the 1960s to 1984 an estimated US $650 million had been spent on the venture, with little to no return.
Over the past decade a new phase of deep-sea mining has begun. Rising demand for precious metals in JapanChinaKorea and India has pushed these countries in search of new sources. Interest has recently shifted toward hydrothermal vents as the source of metals instead of scattered nodules. The trend of transition towards an electricity-based information and transportation infrastructure currently seen in western societies further pushes demands for precious metals. The current revived interest in phosphorus nodule mining at the seafloor stems from phosphor-based artificial fertilizers being of significant importance for world food production. Growing world population pushes the need for artificial fertilizers or greater incorporation of organic systems within agricultural infrastructure.
Currently, the best potential deep sea site, the Solwara 1 Project, has been found in the waters off Papua New Guinea, a high grade copper-gold resource and the world's first Seafloor Massive Sulphide (SMS) resource.The Solwara 1 Project is located at 1600 metres water depth in the Bismarck SeaNew Ireland Province.Using ROV (remotely operated underwater vehicles) technology developed by UK-based Soil Machine Dynamics, Nautilus Minerals Inc. is first company of its kind to announce plans to begin full-scale undersea excavation of mineral deposits.[6] However a dispute with the government of Papua-New Guinea delayed production and its now scheduled to commence commercial operations in early 2018.

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