Monday, January 13, 2020

Deep Sea Mining. Is It Another 49er Gold Rush?


For decades the scientific community has known about undersea commodities. The demand recently from China and other advanced economies has brought new interest in under ocean deposits. Zinc, gold, and copper are just some of the metals waiting to be excavated. A handful of companies are ready to begin mining sometime in one to five years.
As the minerals come out of thermal vents, the sea water cools the gas and dust resulting in the precious metals being deposited on the ocean floor. Robotic skimmers are being developed that will scoop off the material and send it back to shore or another ship for processing.
Read this fascinating story of sunken treasure!

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