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U.N. body issues exploration contracts as era of deep seabed mining nears

LNM Radio Network

LNM Radio Network

Editor note: Now they look to finish off the Ocean,this can not be good.
KINGSTON – The deep oceans span more than half the globe and their frigid depths have long been known to contain vast, untapped deposits of prized minerals. These treasures of the abyss, however, have always been out of reach of miners.

But now, the era of deep seabed mining appears to be dawning, fueled by technological advances in robotics and dwindling land-based deposits. Rising demand for copper, cobalt, gold and the rare earth elements vital in manufacturing smartphones and other high-tech products is causing a prospecting rush to the dark seafloor deep beneath the waves.

With authorities at the Jamaica-based International Seabed Authority issuing exploration contracts, alarmed conservationists are warning that the deep ocean’s fragile biodiversity must be protected and not nearly enough is known about the risks of extracting minerals from seabeds.