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 […]
Read More
Matthew R. Francis for DSM Observer Nothing is less “deep sea” than an asteroid, yet parallels exist between these two domains, particularly when it comes to resource extraction. Asteroids are debris left over from the formation of the Solar System roughly 4.5 billion years ago. Due to our shared origin, Earth and asteroids contain the […]
Read More
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 […]
Read More
African nations make up over a quarter of all member states that have ratified the UN Convention on the Law of the Sea. The African Regional Working group consistently takes a leadership role in International Seabed Authority negotiations and they are among the leading voices pushing for a fair and equitable financial model. Yet for […]
Read More
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 […]
Read More