Search Documents

By G. B. Carpenter

The United Nations Law of the Sea (LOS) Convention includes provisions (Article 76) for establishing the outer limits of a coastal State's continental shelf and for denoting the seaward extent of sovereign rights over natural resources. Determination of a coastal State's continental margin, according to Article 76, must consider eight factors: 1. The territorial sea baseline 2. The 2,500-meter isobath 3. The foot of the continental slope 4. A line 200 nautical miles seaward of the territorial sea baseline 5. A line seaward of the foot of the continental slope connecting the points where sediment thickness divided by distance to the foot of the slope equals .01 6. A line 60 nautical miles seaward of the foot of the continental slope 7. A line 100 nautical miles seaward of the 2,500-meter isobath 8. A line 350 nautical miles seaward of the territorial sea baseline Figure 1 shows the preliminary limits for each of the Article 76-based definitions for a portion of the U.S. Atlantic continental shelf. The additional areas gained beyond the 200- nautical mile Exclusive Economic Zone (EEZ) are highlighted. The first three factors are baselines from which the distance provisions of Article 76 are measured. Factors 4-8 are distance- from-baseline provisions for establishing the continental shelf limits. Factor 5, also known as the Depth of Sediment Limit or "Irish Formula", was calculated using sediment thickness data from seismic linesand isopach maps. All other factors were determined from digital hydrographic data. The Depth of Sediment Limit is the most advantageous method for the area shown in Figure 1. It is especially useful for introverted coastlines such as the Georgia Embayment and New York Bight areas. The 200-mile line is advantageous for protruding coasts such as those off major capes, e.g., Cape Hatteras. The 2,500-meter isobath plus 100-mile line gains

Jan 1, 1995

By Mark D. Hannington

Seafloor polymetallic sulfides have been found in diverse volcanic and tectonic settings on the ocean floor at water depths ranging from 3700 meters to <1500 meters. More than 100 occurrences of hydrothermal mineralization have been documented (including Fe-oxide deposits, Mn-crusts, metalliferous sediments, and massive sulfides), but high-temperature hydrothermal activity and large accumulations of polymetallic sulfides are known at fewer than 20 different sites. Chemical analyses of samples from these deposits indicate that they contain important concentrations of Cu, Zn, Ag, and Au, comparable to those of massive sulfide deposits on land. However, the lack of sufficient data concerning the distribution, size, and bulk composition of seafloor deposits precludes a meaningful assessment of their resource potential.

Jan 1, 1994

By Mayumi Ito

Seafloor hydrothermal deposits are found worldwide at 700 to 3,600 meters below sea level [1] and contain base and precious metals like Cu, Pb, Zn, Au, and Ag. Some deposits were found in the Japanese exclusive economic zone and the commercial potential will depend on developments in mining and treatment costs of onshore mines. The ores require mineral processing to become concentrate for the various metal smelters and the authors are investigating mineral processing treatments of collected samples. The collected samples were classified into three components (chimney, mounds, and substrate rocks) and they were separated using a RETAC jig. The mound component contains zinc, lead, and copper minerals and further separation using flotation was investigated. This paper introduces results of the mineral processing tests using gravity separation and flotation.

Jan 1, 2011

By Huaiyang Zhou

It has been long known that manganese nodules occur more or less in some part of marginal seas in West Pacific Ocean. On the other hand, it is difficult to understand their distribution and the genesis as those nodule samples were collected mostly by dredge from the deep basins generally has much higher sedimentation rate than the open ocean. For example, the sedimentation rate in the South China Sea is about three orders of magnitudes than that in region of the Clarion-Clipperton Fracture Zone. In June of 2013, a small seamount (named as Jiaolong Seamount), consisting of southern part and northern part with a distance of about 3 km each other, was visited by DSV Jiaolong/RV XiangYangHong 9. It is discovered that abundant manganese nodules exist only on the surface sediment in the southern part with a water depth of about 3800 m to 3300m, on the platforms nearby an obvious crater where volcanic rocks exposed on the wall. There are no any nodules be observed on the sediment in the northern part of the seamount (about 100 m deeper than the southern part) and surrounding deep basin (approximately 4000 m in water depth). It is speculated that a source of core for manganese nodule and a dynamic sedimentation environment, are two major governors for the growth and distribution of manganese nodule in the marginal seas.

Sep 14, 2011

By Boris Broere, Wiebe Boomsma, Pieter Lucieer

"The Blue Nodules project started February 2016 as part of the EU Horizon 2020 subsidy program. Blue Nodules aims at developing a sustainable deep sea mining system for the harvesting of polymetallic nodules from the sea floor. Blue Nodules is closely related to the Blue Mining and Midas projects, both EU subsidized projects. Blue Mining mainly concerned the development of technical capabilities to adequately and cost-effectively discover, assess and transport deep sea mineral deposits up to 6,000 m water depths. The MIDAS project - Managing Impacts of DeepseA reSource exploitation - was a multidisciplinary research programme investigating the environmental impacts of extracting mineral and energy resources from the deep-sea environment.The Blue Nodules project is divided in seven work packages defined to develop mining equipment and process equipment, to assess and integrate environmental, economic and technological aspects and to assess and minimize the environmental impact of mining polymetallic nodules.This abstract will address part of the work performed in the second work package called: ‘Subsea harvesting equipment and control technology’. The main topic addressed will be the development of a propulsion system to manoeuvre the harvesting system. The propulsion system will be developed with full incorporation of economical and compliance requirements and to have a minimal environmental impact.SummaryBased on information gathered in the 70’s during the first studies into polymetallic nodules mining and more recent data and developments, an initial full scale design of the propulsion system is developed. The largest challenge for the propulsion of a deep sea mining vehicle is to drive on the soft sediments associated with these deep sea environments. A short summary of the initial design criteria is given below."

Jan 1, 2017

By James R. Hein

Manganese nodules from the Cook Islands (CI) Exclusive Economic Zone (EEZ) are compositionally different from other nodule fields. CI nodules have relatively high cobalt concentrations and low nickel, copper, and manganese concentrations (e.g. Hein and Petersen, 2013). This reflects the predominantly hydrogenetic (seawater source) origin for metals in the CI nodules versus dual seawater-pore water sources for most other nodules. The concentrations of many critical and strategic metals have not been previously analyzed for CI nodules, so comparisons with other nodule fields have been limited. To address this, we analyzed a set of nodules distributed throughout the CI EEZ for a complete set of 67 elements, including all of the metals that may be of economic interest, such as the rare earth elements (REEs), yttrium, tellurium, niobium, zirconium, tungsten, titanium, and others (see selected elements in Table 1). In addition, we recalculated the tonnages of nodules and contained metals from nodule abundance areas (in square kilometers) determined by GIS ArcMap calculations based on JICA/MMAJ (2001) nodule distributions. The nodule tonnage calculated and summed from each abundance sector yields a total inferred resource estimate of 9.66 billion tonnes of nodules covering an area of 1.21 million square kilometers; using a cut-off of 6 kilograms of nodules per square meter, yields a median tonnage of 8.59 billion tonnes of nodules covering 687,647 square kilometers (Table 2).

Sep 14, 2011

The seafloor occurrences of KODOS ferromanganese nodules can be classified into four facies based on the morphological types of nodules recovered and seafloor photographs. Facies A, B, and C are relatively unimodal whereas Facies D is bimodal in the size distribution of nodules. Both Facies A and B are highly covered by sediments, but Facies B is higher than facies A in nodule density. Facies C has a high density of small nodules and many traces of bioactivity. Facies D is irregular in nodule density, but occurs close to basement near scarps (Fig. 1). The transparent layer (TL) on subbottom profile records (von Stackelberg et al., 1987) is composed of three sedimentary units, which in cores are distinguished by color. The uppermost Unit I is postulated to be deposited during the past 0.21 Ma and the middle Unit II between 0.42 Ma and 0.21 Ma (MOMAF, 1997). There exists a hiatus between Unit II and Unit III. Unit III was deposited from 3.5 Ma to 1.5 Ma as determined by 10Be/9Be and/or 87Sr/86Sr dating (MOMAF, 2004). Internal textures observed on cut sections of nodules suggest four stages of nodule formation (Choi et al., 2000). The nuclei are either unbroken old nodules probably of hydrogenetic growth (1h and 2h) in Facies A and C, or nodule fragments probably of early diagenetic growth (2d) in Facies D, whereas there are both types in Facies B. The layers surrounding the hydrogenetic nodule nuclei are of hydrogenetic growth (3h and/or 4h) in Facies C, and are of early diagenetic growth (3d and/or 4d) in Facies A, B, and D. The layers surrounding the early diagenetic nodule fragments are mostly of early diagenetic growth (3d and 4d) in Facies A, B, and D. But hydrogenetic encrustations are also found as surface layers on the top in Facies B (Fig. 2).

Jan 1, 2005

By Irina Melekestseva

The Cu-Zn massive sulfides from the basalt-hosted Semenov-2 hydrothermal field (13°31.13´ N, 44°59.03´ W, MAR) are enriched in Au (22?188 ppm) and Ag (127?1787 ppm) [Ivanov et al., 2008] and elevated contents (ppm) of Se (269?289), Sn (123?125), and Sb (72?75). These may indicate heterogeneous substrate rocks and possible ultramafic rocks. Based on phase analysis, 70% of the gold in the massive sulfides is free. LA-ICPMS analysis has shown that the main carrier of the invisible gold is covellite (22.51? 226.64 ppm). Covellite is also characterized by elevated contents of Se, Mo, Sn, Te, Au, Bi, As, Ag, Sb, Tl, and Pb relative to the primary sulfides.

Sep 14, 2011

By Fernando J. A. S. Barriga

Exploration for active seafloor hydrothermal vent fields has been highly successful, and more than 300 such fields have been discovered to date. Some will most probably be mined, given their high metal grades (Cu, Zn, Au and others). However, the current practice detects active systems, and activity rates, not the size of the deposits. This strategy may leave undetected some of the best targets, for several reasons as follows: 1. Large hydrothermal plumes are a measure of dispersion of ore components, not of efficiency in the generation of orebodies; 2. Deposits formed a few hundred years (or more) before present will generally have ceased their activity and will not be detected by plume studies; 3. Deposits formed under a cover rock (up to a few meters of sediments, volcaniclastics, or the like) may exhibit only minor seafloor hydrothermal activity, possibly diffuse flow. Cover rocks will often host hanging wall rock alteration, expressed in geochemical and mineralogical haloes. It has been demonstrated in many instances, especially for deposits formed in the geological past, now exposed on land, that ore genesis under a cover rock is one of the most suitable processes for generating large massive sulfide deposits. One of the great challenges for submarine resource knowledge will be to develop adequate exploration strategies for sizeable orebodies, not necessarily hydrothermal vent fields, sometimes hidden under a cover rock.

Jan 1, 2011

By Alexander Malahoff

The most exciting frontier in Ocean Technology is represented by a new class of Marine Bioproducts, the source of which lies in marine microorganisms. The microorganisms include microalgae, bacteria and archaea. These organisms represent very diverse, adaptive life forms and in their metabolic processes use carotenoids, polyunsaturated fatty acids, ultraviolet blockers, as well as a wide range of enzymes that are pivotal in the production of new pharmaceuticals and nutraceutical products. These organisms cover a wide spectrum of ocean environments, from the shallow to the deep, from the normal to the extreme. The technological challenge is in the identification of candidate organisms, in the screening for valuable enzymes, and in the industrial production. A whole new range of collecting strategies involving submersibles, ROVs and in situ ocean floor instrumentation is emerging. New non-polluting industrial chemical processes involving the use of photobioreactors and extremophile bioreactors for breeding and monitoring these organisms in neo-farming technology is emerging. The commercial value of these candidate products is immense, as is the range of potential organisms. The dimension of this new industry is global. The Marine Bioproducts Engineering Center (MarBEC), funded by the National Science Foundation (NSF), has been established at the University of Hawaii. The vision of MarBEC is to develop a seamless research system stretching from undergraduate education to industry for the purposes of producing valuable marine bioproducts outside of the normal chemical factory production. MarBEC is uniquely and strategically placed in the Pacific to explore, find, and adapt highly bioactive marine micro-organisms found in the tropical ocean. We have watched the increasing need by the ever-

Jan 1, 2000

By Henk van Muijen, Jan Willem de Wit

1.1 Profile IHC Holland Merwede IHC Holland Merwede is world market leader in the construction of specialist dredging equipment and large-size custom-built offshore vessels. The clients of IHC Holland Merwede include major dredging companies, oil and gas exploration groups, offshore contractors and government authorities. IHC Holland Merwede is focused on the continuous development and innovation of technology to ensure maximum performance and efficiency of its designs and constructions supplied to the dredging and offshore industries. IHC Holland Merwede has a staff of approximately 2,000 at its locations in Hardinxveld- Giessendam, Kinderdijk, Krimpen aan den IJssel, Sliedrecht, Delfgauw, Goes, Hendrik Ido Ambacht and Heusden. Besides worldwide representations, IHC Holland Merwede has branches in China, Houston (USA), India, the Middle East and Singapore. 1.2 Mission IHC Holland Merwede’s mission is to optimize value by anticipating and satisfying its client’s requirements, with efficient advanced technology solutions. The group’s aim is to be consistently at the forefront of technology development, in the business sectors in which it operates.

By Gérald Riverin

Over the past century, exploration methods for volcanogenic massive sulphide deposits have evolved in response to a decreasing number of discoveries made by traditional surface prospecting and by ground and airborne geophysics. Statistical trends support the concept that fewer and fewer outcropping and sub-cropping VMS discoveries will be made in the future. In turn, this creates new opportunities to develop more sophisticated exploration models and techniques to explore at greater depth and to make blind discoveries. Current exploration models include various combinations of geological, geochemical and geophysical criteria which have been based on the results of land-based VMS research. The role of seafloor research in the development of these models has so far been only of a subordinate nature, perhaps due to a lack of direct involvment of the exploration industry in the seafloor research, and vice-versa for the seafloor researchers in VMS exploration. Another contributing factor is that exploration relies on exploration criteria that result from detailed geological, geochemical and geophysical studies of both footwall and hanging wall rocks, studies that are not possible in modern sea floor environments. Nevertheless, seafoor research has contributed to our understanding of the growth of sulphide mounds, the mechanism of sulphide deposition and of the chemistry of fluids involved in VMS systems. In particular, the role of structure and of tectonic setting has been clarified through observation of active seafloor hydrothermal systems. In turn, observations made in land-based VMS research has helped seafloor researchers to focus on key issues which, will eventually contribute to improved exploration models.

Jan 1, 1998

By Robert G. Ditchburn

The NW caldera hydrothermal vent field at Brothers volcano, of the Kermadec-Tonga arc, has associated massive sulfide mineralization. This includes an abundance of black smoker chimneys that contain significant concentrations of copper, lead, zinc and gold (de Ronde et al., 2005; de Ronde et al, 2010, under review). [ ] The oldest volcanic massive sulphide (VMS) samples recovered so far from Brothers have been dated using radiometric methods at GNS Science and found to be c. 1000 years old. By contrast, a volcanic cone that has formed in the southern part of the caldera has no associated VMS. Only elemental sulphur and Fe-oxide crusts are present here, samples of which have been analysed for their trace elements. From d34S values of sulfates and native sulfur, and the volume of gas (dominated by CO2 and H2S) discharging at the cone site, elements being deposited here are considered more directly magmatic in origin (de Ronde et al., 2005; 2010 under review). It has been discovered that deep-seated changes in volcanic activity at Brothers affect the NW caldera and cone site simultaneously, though the mineralogy at each site is so very different. Thus, the cone site is being studied to determine if elements being deposited there can be used as predictors of potential future VMS mineralisation as similar sites have been found at other volcanoes along the Kermadec arc and elsewhere. The frequency of these deep-seated magmatic events is considered important in the formation of Cu-Au-rich mineralization along arcs. The analysis of Fe within resulting hydrothermal plumes (surveyed by surface vessels), and trace elements in rock and mineral samples, are used to help determine the influence of magmatic contributions to the hydrothermal system. To verify that plumes are a reliable proxy for hydrothermal events depositing iron on the seafloor, Fe-oxide crusts from Brothers volcano cone have been dated to see if their emplacement coincides with highly Fe-enriched plumes in the water column. The radiometric dating techniques developed for barite-rich VMS, i.e. using 228Ra and 226Ra, were unsuitable for the Fe-oxide crusts because 210Pb was the only isotope detected by gamma spectrometry. Therefore, new techniques using 210Pb, 10Be and arsenic have been established.

Jan 1, 2010

By Carl L. Kaiser

This abstract discusses selected recent technology developments at the Deep Submergence Lab at the Woods Hole Oceanographic Institution aimed at fundamentally changing the nature and scope of AUV operations in the deep ocean. The Autonomous Underwater Vehicle (AUV) Sentry is described in its current configuration with discussion of emerging capabilities. Telepresence enhanced AUV operations are discussed including moving both operations and data processing personnel off the vessel. Autonomous Surface Vessel (ASV) aided AUV operations are discussed including recent experiments where an ASV provided both navigational aiding and a satellite based relay for acoustic communication of telemetery and mission redirection. New flexible communications strategies to perform intervention and manipulation tasks from an untethered vehicle are discussed. The abstract concludes with a brief discussion of industrial collaborations, including the newly launched Center for Marine Robotics.

Sep 14, 2011

By Chuanshun Li, Haitao Zhang, Xuefa Shi, Quanshu Yan, Zhiwei Zhu

In Expeditions 22 and 26 of China Ocean Survey (COS), Chinese and Russian scientists have Carried out a lot of work to search for hydrothermal sulfide in Southern Mid-Atlantic ridge (SMAR) 19°S, but come back empty-handed at last. The sulfide formation is closely related with the water-rock reactions which are controlled by the heat source. Melt inclusions are considered to have a unique compositions in melt to reflect the deep magma processes. Fortunately, we have found a large number of plagioclase hosted melt inclusions in SMAR19°S MORB. We have done experiments by re-homogenization and re-crystallization of these melt inclusions. During the re-homogenization experiments, the forming and melting processes of the olivine crystal inside the melt inclusions indicate that the homogeneous temperature of melt inclusions is 1190-1200??. During the recrystallization experiments, the different mineral phase assemblages show H2O inside the melt inclusions has hardly ever been loss, in addition Cr element and H2O molecule in SMAR19°S magma are heterogeneity at the time of melt inclusions trapping, and then the re-crystallization experiments provide a method to prove the microheterogeneity of basaltic magma system. Combining with the bulk rock data, this study shows that the melt inclusions are formed at a low-temperature and high-pressure condition. Eventually, this paper speculates that a low temperature heat source generated by a lower mantle potential temperature or/and a thick lithosphere indicated by the melt inclusions that not experienced the H2O loss process are beneath the SMAR19°S. The low temperature heat source transmits its heat to lithosphere through the cooling thermal boundary layer (CTBL), and the thick lithosphere can sufficiently absorb and consume the heat. Under the interaction between the heat source and lithosphere, the residue heat at the infiltration depth of sea water might have been no ability to satisfy the water-rock reactions temperature, therefore, the water-rock reaction should hardly ever appear, so the theoretical reaction zone would not exist beneath the SMAR19°S. Eventually, the interaction between thick lithosphere and the low-temperature heat source should be the dominant factor that makes SMAR19°S area have no condition to form the seafloor sulfide. However, this paper is based on melt inclusions only, in fact, melt inclusions are potential to have melt compositions produced by mineral dissolution, reaction and assimilation, and the volumes of melt inclusions are exceedingly small compared to the overall size of the magmatic systems, therefore, the extrapolation across many orders of magnitude is implicit when applying petrologic information obtained from inclusions to entire magmatic systems. Therefore, there should have other more research to verify the reliability of this conclusion.

Jan 1, 2017

By Thomas Kuhn

The detailed investigation of both active and inactive submarine hydrothermal systems has gained tremendous progress during the last decades because of the increasing usage of remotely operated vehicles (ROV) as well as manned submersibles. Special aspects like the targeted sampling of chimney structures and vent fluids as well as the analysis of zonations of near-surface structures like sulfides mounds was only possible with the usage of such vehicles. However, the availability of such vehicles has been very limited because of the few number of deep-water ROVs and manned submersibles which need both a trained crew and a special research vessel. This was especially true for the German science community which did not have such devices at its disposal until recently. With the ROV QUEST 5 which is based at the University of Bremen (c/o. Prof. Dr. G. Wefer, Dr. V. Ratmeyer) this major drawback has now been eliminated.

Jan 1, 2003

By Sven Petersen, Iain J. Stobbs, Bramley J. Murton, Paul A. J. Lusty

"INTRODUCTIONIt is widely thought that seafloor massive sulphide (SMS) deposits, the modern analogue of volcanogenic massive sulphide (VMS) deposits, present a potential global resource for base (Cu, Zn) and precious metals (Au, Ag). In addition, SMS deposits can be enriched in ‘critical metals’ including Se, Te, Tl [1], which are essential for use in the construction of modern and green technologies. Globally over 340 high temperature hydrothermal sites have been identified at a range of ocean spreading centres [2], significant massive sulphide deposit formation has been recorded at 165 of these sites [3].To date only 13 deep sea sulphide deposits have undergone intrusive investigation (drilling or coring) and of these, only 6 sites have published tonnage estimates [2]. Almost all research and drilling of SMS deposits has been focused on active systems, the investigation of the morphology, subsurface structure and mineralogy of hydrothermally extinct seafloor massive sulphide (eSMS) deposits is almost non-existent.As such, little is known about the mechanisms that operate post-SMS formation and which have an impact on the preservation and hence resource value of SMS. Identifying these generic processes and mechanisms, and the extent to which they impact the resource grade, is critical in evaluating the global potential of SMS."

Jan 1, 2017

By Irina A. Pulyaeva

Hydrogenetic Fe-Mn crusts are ubiquitous in the ocean basins and play an important role in marine mineral-deposit research because of their widespread occurrence and high concentrations of valuable and rare metals. Directed research, which started in the last quarter of the 20th century, has provided significant results, with substantial amounts of data produced on Fe-Mn crusts structure, composition, and distribution in the global ocean. Detailed study of several seamounts has given confidence about the scale of Fe-Mn crust development and their characteristics. Now, commercial interests gain more and more attention. However, at the same time some theoretical questions related to Fe-Mn crust history including controls on metal sources and concentrations have not yet been answered. Here, we present the overview of age, composition, distribution, and geological setting of hydrogenetic Fe-Mn crusts from Pacific and Atlantic seamounts and discuss the geological evolution and conditions that led to the formation of potentially economic concentrations of metals. The age, composition, and distribution of Fe-Mn crusts in the Atlantic and Pacific oceans were determined by using a Fe-Mn deposits database compiled from our original data, published papers, published databases, and other international sources. Comparative analysis of Fe-Mn deposits from the Atlantic and Pacific oceans shows that there are similarities in basic characteristics of crust formation in both oceans. Simultaneously, there are significant differences in the scale of Fe-Mn crust distribution and composition that can be explained by differences in geological settings and characteristics of the deposition environment.

Jan 1, 2011

By Rahul Sharma

Although, mining of minerals such as polymetallic nodules and sulphides from the deep sea floor has been delayed due to the combination of factors such as current availability of Cu, Ni, Co, Mn (and other metals) on land and their fluctuating prices; these deposits are still considered as the alternative source for metals in the 21st century. Exclusive rights for exploration in the ?Area? (beyond the national jurisdictions of any country) given to eight countries and consortia by the International Seabed Authority and the estimated resource of 300 million tonnes in a typical area of 75,000 km2 is expected to yield about $17.5 billion (at December 2008 metal prices) in 20 years life span of a single nodule mine-site. In order to recover 3 million tonnes of nodules, an area of 300 sq km only will be mined annually (i.e. <1 km2/day) for an optimum abundance of 10 kg/m2. However, during mining, large quantity (22 tonnes/day) of sediments associated with nodules would be resuspended that could lead to certain environmental impacts on the benthic ecosystem. Several small-scale benthic impact experiments in the Pacific and Indian Oceans, have given some insight into the possible environmental impacts and the restoration processes, but the possibility of extrapolating these findings to a commercial mining scale remains an issue to be considered. An estimated capital expenditure of $1.05 billion and operating expenditure of $4.2 billion for a single deep-sea mining venture will have to be weighed against the availability of mineral ores on land as well as the metal prices in the world market. None-the-less, development of technologies for mining and metallurgical processing, as well as formulation of regulations and guidelines for potential ?contractors? to mine these minerals have been progressing consistently. These coupled with recent efforts by certain ?entrepreneurs? to initiate mining of seafloor massive sulphides in the EEZ of certain countries, indicate the continuing interest and support the perception that such deposits could well be the future sources of metals. This paper analyzes the current status and discusses the economic, environmental, and technical issues that need to be addressed for sustainable development of deep-sea minerals.

Jan 1, 2010

By Julian Malnic

The emerging marine minerals exploration and mining industry is currently focused mainly on the technical elements for its success such as developing exploration and mining technologies. However, in one sense, the technical challenges are quite soluble whereas those arising in the fields of the environment and public opinion could present this new generation of miners with problems that are far more difficult to overcome. One need only look at the issues currently faced by mining projects on land to see how powerful the new forces of so-called ?civil society? are in stopping mineral developments in many countries. From the geographic viewpoint, there are many countries but there is just one ocean, so the impacts experienced by any one operation are likely to have pervasive repercussions throughout the industry. A well-oiled NGO development protest lobby will see leverage in resisting this new industry and will seize on the single-ocean angle. The Australian Minerals Industry has established a voluntary Code for Environmental Management that provides an active and valuable model for satisfying the ?court of public opinion? and in delivering economic results to industry that are in current jargon, sustainable. An explanation of the Code for Environmental Management, and the reasons behind 44 companies representing more than 300 operations and 85% of Australia?s sizeable mineral production being signatory to it will be given. Participants see it as a means to future shareholder wealth.

Jan 1, 2000