Monthly Archives: April 2020

The deep-sea mining community adapts to the new normal under coronavirus restrictions.

Maria Bolevich for DSM Observer The coronavirus pandemic is changing the world in dramatic and subtle ways, exacting a toll measured both in lost lives and economic uncertainty. Deep-sea mining has been in development for over 50 years and now, at the moment in which negotiations were poised to transition the industry from exploration to […]

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With TOML acquisition, DeepGreen expands its footprint across the Pacific

Last week DeepGreen announced that it had finalized the acquisition of Tonga Offshore Mining Limited, a subsidiary of the former Nautilus Minerals, from Deep Sea Mining Finance, who is overseeing Nautilus’s restructuring. Outside of Solwara I, TOML was one of Nautilus’s most valuable holdings, and though the acquisition price has not been revealed, it will […]

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The Great Deep Ocean Migration

In the early days of exploration, the deep-sea was thought to be largely devoid of life, a vast empty plain of mud wrapped around the world, too deep for living organisms to survive. But the more humans explore, the more life we discover in increasingly unexpected places, from the boiling water of hydrothermal vents, to […]

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