Norway halts deep sea mining
Norway is hitting pause on deep sea mining after the governing party reached a deal with the opposition to ensure adoption of its latest budget. No deep sea licences will…
The Metals Company
Deep Sea Rare Minerals seeks US seabed licences
Deep Sea Rare Minerals (DSRM), the parent company of autonomous underwater vehicle operator Deep Sea Vision, has applied for subsea mineral exploration licences with the U.S. National Oceanic and Atmospheric…
Seabed miners face squeeze under oceans law
A newly ratified treaty to safeguard life at sea is expected to intensify opposition to deep-sea mining at a United Nations climate summit this week in New York, running alongside…
US courts Cook Islands for deep-sea mining
The United States has begun talks with the Cook Islands for research on seabed mineral exploration and development, just months after the South Pacific nation inked cooperation pacts with China that…
Editorial: Voyage from the bottom of ice station zebra
The closure in July of the Point Lake part of the Ekati complex in the Northwest Territories is the latest blow to Canada’s Far North diamond industry. Owner Burgundy Diamond…
Trump’s deep-sea mining push stirs alarm
Trump’s push to accelerate deep-sea mining aims to lessen US reliance on China for minerals, but raises fears of ecological harm and instability.
Fighter jet maker dives back into seabed mining
Lockheed Martin (NYSE: LMT) is back in the deep-sea mining game, holding talks with several mining companies about partnerships to access its long-held seabed licences in the Pacific Ocean. The…
Sea floor developer TMC lands $85M from Korea Zinc
Canada’s The Metals Company (Nasdaq: TMC) said on Monday that South Korean refiner Korea Zinc will invest $85.2 million (C$116 million) in the company, a major boost for its plans…
Podcast: ‘All of the stars are coming together,’ ft The Metals Co. CEO Barron on deep-sea mining
This week’s episode features Gerard Barron, executive chairman and CEO of The Metals Company, in conversation with host Adrian Pocobelli on the controversial topic of deep-sea mining. Barron outlines why…
The Metals Co. to raise $37M for underwater mining
Undersea critical minerals explorer The Metals Company (Nasdaq: TMC) has lined up C$51.75 million ($37 million) for seabed exploration. Shares rose. Led by Hess Capital chief investment officer Michael Hess…
TMC files for deep sea mining licences under US law
The Metals Company (Nasdaq: TMC) has filed applications for a commercial recovery permit and two exploration licences under the U.S. seabed mining code, a major step in its pursuit of deep-sea…
Trump moves to fast-track deep-sea mining push
United States President Donald Trump on Thursday signed an executive order on deep-sea mining that aims to pave the way for offshore resource extraction and cut the country’s critical minerals…