Why the Rush in Seabed Mining in the Pacific Ocean?
The Pacific Ocean is the scene of a new Wild West. Companies and their investors, hungry for profits, are driving a speculative rush for seabed minerals. Donor government-supported programs that promote the development of ‘responsible’ seabed mining regulations provide aid. THE PERILS OF DEEP SEA MINING. Deep Sea Mining (DSM) is as yet an unproven industry hoping to extract minerals…