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Urban Mining

By Peter Neill In a recent blog post (see Mining the Abyss) on deep ocean mining, I described a project off the coast of Papua New Guinea where a multinational corporation was engaged in scouring the ocean floor to recover gold, silver, copper, and other rare and precious metals, deposited there because of geological conditions resulting from intense historical underwater volcanic events. The project, only financially viable because of increasing prices in global markets for such resources, was also destroying the local concentration of hydro-thermal vents, the biologically unique so-called Black Smokers, home to myriad heretofore unknown marine species …read more

Source: Huffington Post Green