A cost-benefit analysis released by the Secretariat of Pacific Communities (SPC) and the European Union on potential deep sea mining (DSM) projects in three Pacific countries found that the projects can be viable. But other research suggests there remain serious concerns about the new, untested DSM industry.
The article below draws its information substantially from ABC Radio National's Background Briefing program "Deep sea riches could spark Pacific mining boom" from October 20 last year by reporter Ann Arnold. You can listen to the program or read the full ABC Radio National Background Briefing program transcript. * * * If you had to pick one place in the world that could be considered safe from the rabid expansion of the mining industry, you might choose the deep sea floor.