Deep sea bed mining is the extraction of metals such as iron, manganese, copper, zinc, lead nickel, cadmium, silver, platinum gold and rare earths from the sea floor.
New research reveals experimental seabed mining could have a devastating impact on life forms that are "literally saving the planet” and preventing a “doomsday climatic event”.
The research lists experimental seabed mining as a major threat to ocean life that resides around hydrothermal vents and has been found to consume enormous quantities of methane that would otherwise enter the atmosphere.
LONDON: This morning, NGOs and civil society are outside the 5th Annual Deep Sea Mining Summit calling for a ban on a potentially environmentally destructive “frontier” industry. They are calling on the EU to stop funding such reckless development activities and are standing in solidarity with NGOs, churches and community across the Pacific.
The youths of Karkar Island have expressed their frustrations over experimental seabed mining after awareness was organised by Act Now! and conducted by Tropical Gems.
The young people said they also share the Bismarck sea and they don’t want to be used as a science lab by Canadian mining company Nautilus Minerals whose experimental seabed mine will be the first of its kind in the world.
The people of Biliau and Galil from the Raikos area of Madang province are standing together and saying No to Experimental Seabed Mining as this would affect their livelihoods and environment. They depend entirely on the sea for their daily subsistence.
The villagers and locals were attending an awareness on experimental sea bed mining organised by Act Now! and Tropical Gem to learn about the proosed Solwara 1 seabed mine.
The European Union and SPC have published a new report [see below] claiming the money to be made from experimental seabed mining in PNG far outweighs the costs. Unfortunately the expensive report:
The three 250 tonne mega machines that Nautilus Minerals will use to chew up the seafloor in PNG have finally been unveiled.
One can only imagine the destruction that is going to be caused and the impacts on sea life and vital fishing stocks once these mechanical giants are unleashed…
Business Intelligence group, RepRisk, has released a new report highlighting the environmental, social and governance risks for companies involved in seabed mining and drilling.
RepRisk is a leading international business intelligence provider serving global banks, insurance companies, investment managers and corporates.
In its report, RepRisk, details the many environmental concerns surrounding experimental seabed mining including:
The decision by the New Zealand government to reject an experimental seabed mining proposal should prompt a review of similar plans in PNG says community campaign group, ACT NOW!
"The New Zealand decision to rejected seabed mining in its exclusive economic zone is highly relevant to the proposed mining activity by Nautilus Minerals in the Bismarck Sea", says ACT NOW! Program Manager, Effrey Dademo.