deep sea "gold (n' copper) rush"

Widdekind

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Mar 26, 2012
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Deep sea gold rush: World's hydrothermal vent fields

By late 2013, Nautilus Minerals of Vancouver, Canada, plans to begin mining for copper and gold at a hydrothermal vent field known as Solwara 1. Under the United Nations Convention on the Law of the Sea, this lies in Papua New Guinea's exclusive economic zone, but similarly valuable deposits may lie in international waters, where mining claims are regulated by the International Seabed Authority. How many vent fields contain enough ore to be worth mining remains unclear – and the number will vary depending on metal prices.
 

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