JHIMLI MUKHERJEE PANDEY on THE TIMES OF INDIA | 17 July 2017
“Kolkata: Scientists from the Geological Survey of India (GSI) have discovered the presence of millions of tonnes of precious metals and minerals deep under the waters that surround peninsular India. The vast repository and the prospect of finding huge amounts of previously untapped resources in barely-exploited territory hold tremendous potential, say geologists.
The huge presence of marine resources was first identified off Mangaluru, Chennai, Mannar Basin, Andaman and Nicobar Islands and around Lakshadweep in early 2014. The amount of lime mud, phosphate-rich and calcareous sediments, hydrocarbons, metalliferous deposits and micronodules that geologists came across was a clear indication that more extensive exploration could lead to a larger treasure trove.”