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By Andrea Koschinsky, Sophie Paul

"INTRODUCTIONOnce again deep-sea mining has been receiving a lot of attention in recent years. Industrial and political advancements also call for environmental baseline studies and analyses to aid the development of standards and monitoring protocols. As part of the EU research project “JPI Oceans: Ecological Aspects of Deep-Sea Mining”, the RV Sonne cruise SO242 to the Peru Basin revisited the DISCOL area that had been artificially disturbed in 1989. This offered the unique opportunity to study a deep-sea site 26 years after a disturbance similar to manganese nodule mining had been carried out (Figure 1). A comparison of a variety of undisturbed and disturbed sites shed light on the re-establishment of a geochemical equilibrium and a range of baseline values. This information can help to inform standard development for monitoring and mining purposes.Heavy metal data and its applicationResearch findingsDuring the cruise, disturbed and undisturbed surface sediment was sampled. The pore water analyses show that the 26 years old disturbance is not visible in the metal profiles and that the pore water reaches equilibrium through diffusive fluxes relatively quickly. The sediment, however, shows some differences between disturbed and undisturbed sites in the upper 20 cm, even after 26 years. Lower concentrations in the usually manganese-oxide rich top layer, variations and “unnatural” peaks in the manganese profiles, for example, suggest removal or mixing of the top layer (Figure 2)."

Jan 1, 2017

By James R. Hein

Rodriguez Seamount, located 150 km off the central California coast at the base of the continental slope, was studied using the ROV Tiburon aboard MBARI?s R/V Western Flyer, October 13-16, 2003. Fe-Mn crust and rock samples were collected along the SW flank of the seamount at water depths from 700 to 2100 m; bottom-water dissolved oxygen content (O2) and temperature were determined at each sample site. Fifty-three samples of bulk crusts, crust layers, and surface scrapes (~0.5 mm) were analyzed for 59 elements. Data allow for the correlation of crust compositions with precisely known water depths and seawater O2 measured at the actual site of sample collection. This is the first detailed study of Fe-Mn crust compositions in a region of strong continental-margin upwelling. Compared to open-ocean seamount Fe-Mn crusts, Rodriguez crusts have significantly higher (2-6 fold) mean concentrations of Fe (26.9%), Al (1.65%), Si (13.0%), Cr (82 ppm), Th (64 ppm), and Ag (1.7 ppm); and significantly lower (2-8 fold) mean concentrations of Ca, P, Bi, Co, Cu, Ni, Tl, and especially Te (8.2 times lower). All but one Fe/Mn ratio are >1 compared to <1 ratios for open-ocean crusts. O2 contents (0.35-2.03 ml/L) are nearly perfectly corrected with water depth and elements correlated with one are correlated with the other. The Fe-Mn surface scrapes represent 60-450 ka (mean 150 ka) of growth, whereas the dissolved oxygen contents of seawater represent an instant in time. Assuming that the entire sample set was affected uniformly by oceanographic changes, we suggest that correlation of elements with O2 may reflect oceanographic processes. O2 has a negative correlation with P, V, As, Fe, U, Be, Pb, Cr, Mg, Y, Bi, Te, and REEs (except Ce) and a positive correlation with aluminosilicate-hosted elements (Al, K, Rb, Cs). This later relationship is related solely to water depth, indicating that detritus shed down the seamount slopes accumulates in greater abundances in deeper-water crusts. Si/Al ratios indicate that the detritus includes a large component of biosilica produced by upwelling-mediated high productivity. These observations are supported by positive correlations of aluminosilicate-hosted elements with crust growth rates (range 1.2-13.0 mm/Myr). In contrast, other elements (Sr, Co, Mn, Mg, Te, As, Mo, V, W, U, Ti, Ni, REEs, etc.) are negatively correlated with growth rates. Growth rate has a weak positive correlation with O2. These compositional characteristics indicate that even though low-O2 seawater acts as a reservoir for Mn and associated elements and produces slow growth rates, which would allow for the concentration of elements and surface oxidation processes to occur, the high rate of input of detritus and high bioproductivity ameliorate the strong concentration of most metals. This dilution is significantly enhanced by the doubling of FeOOH in the crusts--the main cause of the generally high growth rates compared to open-ocean crusts. The high growth rates limit the oxidation of Co, Tl, and especially Te on the crust surface, which is reflected by their relatively low concentrations. Within the range of oxygen contents measured, O2 has less of an influence on crust chemistry than does the availability and incorporation of FeOOH and detritus.

Jan 1, 2004

By Manfred Krutein

Ocean mining has a number of problems which are critical to its development: ? Political hurdles on national and international stages ? The worldwide economic situation, with the possibliity of a recession ? Financial difficulties in funding further work ? Technical problems for the development of ocean mining and transport subsystems ? Demands for technology transfer This paper touches the last two points and provides some thoughts for discussion and creative objectification. The many technical problems of ocean mining will be identified and some proposed solutions will be investigated relative to the state-of-the-art technology of ocean mining and nodule transport. An outlook into the future attempts identification of the steps necessary to eventually develop components for workable systems that are not only technically but also economically feasible.

Jan 1, 1978

By Akira Usui

The details in small-scale variability of the geological occurrence and chemical composition of ferromanganese crusts are not yet well understood, although the northwestern Pacific seamounts are believed to be among the most promising areas for rare metal resources. Our belief is that geological observations and geochemical analyses are still insufficient for economic evaluation or for discussion of depositional processes and environments. Our team, composed of geologists, mineralogists, geochemists, physical engineers, and microbiologists has attempted to utilize an ROV for in-situ measurement and for sampling of undisturbed and uncontaminated ferromanganese crusts at three typical seamounts in the NW Pacific near the Japanese Exclusive Economic Zone. The first ROV geological survey of ferromanganese crusts was successfully completed, and the ROV proved to be the most powerful, efficient and elegant method to date. The collected samples (more than total 1 ton of crusts, at more than 100 sites along a total of approximately 10 km of survey lines) were most suitable to analyze water-depth dependency and secular variation of their composition. The intact surfaces of crusts, collected without the usual abrasion caused by dredging, were also valuable for microbial study of Mn oxidizing bacteria. The ROV sampling devices, however, can be improved with further sophisticated drills or rock saw blades in the future.

Jan 1, 2011

Welina mai to the 40th Underwater Mining Institute, UMI 2011 - Marine Minerals: Recent Innovations in Technology. Since the first conference in Milwaukee, Wisconsin in 1970, the UMI Founder Professor Robby Moore always insisted on actively seeking the participation of industry, academia, and government. History has proven the wisdom of this approach, which is probably the key to its survival for so many years. The UMI is very much influenced by the cyclical pressures of the minerals commodity markets. When minerals demand and prices are rising rapidly, industrial participation in the Institute dominates the agenda, and participants share optimistic and aggressive views of the commercial prospects of the day. When metals prices are falling and world economies lethargic, academic experts continue to provide guidance and breakthroughs in the concepts and practices of exploration, technology, and environmental protection. Throughout the ups and downs, government participants provide a stabilizing force with conservative and environmentally sensitive policy statements, patient development efforts with long-term objectives, authoritative resource assessments and, sometimes, much needed regulatory clarity.

Jan 1, 2011

By Isobel Yeo, Florent Szitkar, Sven Petersen, Sebastian Graber, Nico Augustin, Marcel Rothenbeck, John Jamieson

"INTRODUCTIONSeafloor massive sulfides (SMS) along mid-ocean ridges are often seen as a possible future contribution to a secure metal supply for global human needs. A growing interest over the past few years resulted in six national exploration licenses and one application pending, covering 10,000 km2 each, that have been brought before the UN International Seabed Authority (ISA) since 2011. Each contractor has to explore these 10,000 km2 within the 15-year runtime of the contract. However, the need to define areas that are not economically interesting is more pressing, as 50% of the 100 license blocks have to be returned to ISA after only eight years - hopefully areas that do not contain large and economically interesting SMS deposits. Current geochemical prospecting technologies, however, have mainly been developed for the search for active hydrothermal systems (e.g. hydrothermal vents and associated black smokers) that can easily be traced through physical and chemical anomalies in the water column (temperature, chemical variations of elements such as Mn, Fe, redox potential, and/or the particle concentration in the water column). Such plume surveys have been a primary tool for exploration of SMS systems, but they only identify active, and therefore mostly young and small hydrothermal systems. In a recent high-resolution AUV survey performed within the EU-FP7 funded project “Blue Mining”, we covered 47 km2 along the TAG segment of the Mid-Atlantic Ridge to test exploration methodology for fast and reliable exploration of larger areas of the seafloor for inactive seafloor massive sulfide occurrences using the autonomous underwater vehicle (AUV) “Abyss”."

Jan 1, 2017

By Alexander Malahoff

The summit of L_ihi submarine volcano changed dramatically after seismic activity beneath L_ihi during the month of August 1996. Bathymetric re-surveys of the L_ihi edifice using SeaBeam, Simrad and deep-towed Reson-Focus multibeam systems showed the presence of new north-south striking fissures, normal faults and a new pit crater located at the site of a former 300-meter high volcanic cone. Comparisons between the pre-1996 SeaBeam data and the new bathymetry show a net loss of about 100 million cubic meters of rock volume on the summit. This loss is localized at a new pit crater -- the 300-meter deep by 1,300-meter wide Pele&apos;s Pit. Submersible observations with Pisces V show the northern edge of Pele&apos;s Pit to be bounded by a normal fault located north of the site of the former Pele&apos;s Vents cone that has disappeared into the new pit crater. A new hydrothermal field, the Ikaika Vents, extending from a water depth of 1,311 meters to 1,287 meters has formed at the northeastern edge of the floor of Pele&apos;s Pit. Submersible observations of these new Ikaika Vents during September 1996 showed vigorous venting at the site with extensive white-colored bacterial mats hanging off the rock face above the vents. Follow-up mapping and sampling of the vent sites during August 1997 showed vent temperatures of up to 198°C, dense populations of vent shrimps around the vents and a centimeters-thick veneer of fine-grained polymetallic sulfide mineralization along the rock walls above individual vents. The mineralogy of the sulfides shows a barite, chalcopyrite, sphalerite, and pyrite composition.

Jan 1, 1998

By Sofia Martins, Anna Lichtschlag, Sven Petersen, Fernando Barriga, Bramley Murton, Adeline Dutrieux

"Sediments in the vicinity of the hydrothermal seafloor massive sulphide (SMS) mounds are characterized by high concentration of metallic particles. They result from a long process of weathering of the primary mineral deposits and have been accumulated in depressions by mass wasting and hydrothermal plume fall-out. We present here the first results obtained on pore waters analyses of such sediments in distinct geological seafloor environments (in low-temperature hydrothermally active zones, on extinct hydrothermal mounds and in a remote depositional channel). Vertical concentration profiles suggest that the pore fluid composition is affected more by seawater circulation compared with hydrothermal fluid flow in all environments. The composition of pore fluids is affected by diagenesis and redox processes in the distal depositional channel where Mn2+ is released at depth with Cu2+.IntroductionMarine hydrothermal fields, hosting seafloor massive sulphides, are potential resources for future deep-sea mining and might become economic reserves for the industries. They are widespread at mid-oceanic ridges, arcs and back-arc spreading centers (Hannington et al., 2011; German et al., 2016). Sediments in the vicinity of these fields can contain unusually high concentration of Fe, Mn, Zn and Cu among other metal elements (Shearme et al., 1983). These hydrothermal, or metalliferous, sediments result from a combination of processes such as collapsing and weathering of chimney material, filling of the channels by turbidite-like mass wasting, in situ authigenic mineralization and hydrothermal plume fall-out (Goulding et al., 1998; German et al., 1990). The sediments contain important indicators reflecting the development of the hydrothermal systems. Because of their widespread distribution and metal content, they themselves can be considered potential mineral resources. Circulation of seawater through these deposits, however, often modifies the sediment composition by oxidizing the sulphides into oxyhydroxides and clays causing mobilization of the metals. To address the importance of alteration and diagenesis of these hydrothermal sediments, including the result of seawater circulation, we investigated the post-depositional processes occurring in the hydrothermal sediments at the TAG Hydrothermal Field (Mid-Atlantic Ridge, 26°N), focusing on the mobility of metallic cations in a number of different seafloor environments."

Jan 1, 2017

By Peter A. Rona

The recent discovery of the first black smoker-type hydrothermal venting and massive sulfide mineral deposits at a site in the rift valley of the slow-spreading Mid-Atlantic Ridge near latitude 26°N, longitude 45°W (Rona et al., 1986, Nature, 321: 33-37), demonstrates that a complete series of hydrothermal mineral deposit types exists at slow-spreading oceanic ridges (half-rate = 2 cm/y), similar to the series previously known at faster-spreading oceanic ridges (half-rate > 2 cm/y). The largest hydrothermal mineral deposit known at a seafloor spreading center is a stratiform massive sulfide body with bulk dry weight of about 100 x 106 metric tons in the Atlantis II Deep at the slow-spreading axis of the Red Sea. This observation invalidates the concept that size of a hydrothermal deposit is directly proportional to rate of seafloor spreading. Instead, the occurrence, grade and size of a hydrothermal deposit formed at a seafloor spreading center is controlled by anomalous chemical and physical conditions which may occur at extremely localized sites at the full range of spreading rates. The basic hydrothermal process involving subseafloor hydrothermal convection driven by magmatic heat sources appears to be similar at slow- and faster-spreading centers. However, differences exist in the periodicity of magmatic cycles that energize hydrothermal circulation (104 y at slow-spreading centers; 103 y at faster-spreading centers); in the distribution of hydrothermal sites along a spreading axis (estimated 100 km along slow-spreading centers; 10 km along faster-spreading centers); and in residence time

Jan 1, 1986

By Leonhard Weixler

The Bauer company was founded in 1790 by coppersmith Sebastian Bauer in Schrobenhausen, a small town north-west of Munich. The original workshop business carried out works including repairs to church roofs and brew kettles. Later the company expanded its operations to encompass water pipe installation, which it continued through to the 1980s. In addition to installing water pipes it then also began drilling wells, which were sometimes constructed using very simple methods, such as tripod frames (Figure 1).

Jan 1, 2011

By Jan M. Peter

Many massive sulfide deposits and districts around the World contain rocks that are variously referred to as ?exhalites?, banded iron formation (IF), ?Algoma-type? IF, ferruginous chert, jasper, jasperoid, cherty tuff, tuffite, tuffaceous exhalite, chloritic IF or sulfide IF. With few exceptions, such rocks are thought to be (in part) fossil hydrothermal sediments deposited from hydrothermal fluids vented into a submarine rift environment. Such hydrothermal sediments are associated with a wide variety of ancient base-metal sulfide deposits (e.g., Cyprus-, Besshi-, Kuroko-, and Broken-Hill-type deposits), and hydrothermal sediments are commonly associated with some of the largest base metal sulfide deposits in the world. Analogs of ancient hydrothermal sediments can be found around many modern seafloor hydrothermal deposits which themselves precipitate from high-temperature (350°-400°C) hydrothermal fluids. Hydrothermal fluids are quenched on contact with ambient seawater, and most of the metals are immediately precipitated to form the mound and chimney deposits. However, for kinetic and solubility reasons, not all metals and other species are immediately precipitated at the vent site. Fine particles (up to several hundred microns in diameter) of sulfides, sulfates, carbonates, oxides, silica, Fe-oxyhydroxides, clays, and other phases are precipitated from the hydrothermal fluids in the water column above the deposits. These particles or "particulates" are carried upward for several hundred meters in a buoyant hydrothermal plume (which is typically several hundred meters thick) until it reaches a neutral density, and disperses laterally from the vent site. Modelling of plume dynamics has shown that the majority of particulates are deposited by gravitational settling a few hundred meters from the vent site, and Å99% of particulates are deposited within 3 kilometers. However, signals from modern plumes have been detected even hundreds of kilometers from their source. Factors which can affect the morphology of the plume (and the resultant fallout pattern) include: particulate size, shape and density, bottom topography, and the direction and velocity of bottom currents.

Jan 1, 1998

By J. Bruce Gemmell

ODP Leg 158 drilled seventeen holes into the active TAG hydrothermal mound and underlying stockwork, 26°N, Mid-Atlantic Ridge. Drilling in five different areas, including a high-temperature black smoker complex and a lower-temperature white smoker vent field, revealed the multi-stage depositional history and character of sub-seafloor mineralization and alteration. The upper portion of the mound consist of massive pyrite and pyrite breccias which are underlain by pyrite-anhydrite breccias and then by quartz-pyrite breccias. Quartz-pyrite breccias grade down into silicified wallrock breccias. Chloritised basalt breccias occur at depths greater than 100 m. Several stages of quartz-pyrite±chalcopyrite veins occur in the stockwork zone and lower portions of the mound, whereas anhydrite±pyrite±chalcopyrite veins occur within the upper parts of the mound. Recovery of unaltered basalt near the edges of the mound has constrained the extent of the stockwork zone to a pipe-like feature 80 meters in diameter. A detailed sulfur isotope investigation of sulfides and sulfates within mound and the underlying stockwork zone has revealed the overall range of sulfide d34S analyses to be 0.35% to 10.27%. Anhydrite has a tight range of d34S values 20.55% to 21.56%. There are distinct differences in d34S values between the different textural types of pyrite (massive sulfide, breccia clasts, disseminations associated with alteration, and veins). The massive sulfide and breccia clasts have a similar distribution of d34S values (6%-8%), however the d34S values of the disseminated pyrite associated with the alteration are distinctly heavier (8%-10%). Vein sulfides have the lightest d34S values (5%-7%). Sulphur-isotope values at TAG are, in general, the heaviest reported for unsedimented mid-ocean ridge deposits.

Jan 1, 1998

By Masaomi Kurihara, Seiya Kawano, Norihiro Yamaji, Satoshi Shiokawa, Nobuyuki Okamoto, Hironobu Sakurai

Seafloor polymetallic sulphides are distributed in the EEZ of Japan, including substantial deposits in the Okinawa Trough and Izu-Bonin back-arc basin. In this new frontier, the successful development of these resources in Japan is expected to bring about a new domestic supply of mineral resources. The initial stages of this development are authorized by the Basic Plan on Ocean Policy, approved by the Japanese Cabinet on April 26, 2013, and the Plan for the Development of Marine Energy and Mineral Resources, formulated by the Ministry of Economy, Trade and Industry (METI) on December 24, 2013. In 2008, the Japan Oil, Gas and Metals National Corporation (JOGMEC), commissioned by METI, began a survey and technological development programme for the development of the seafloor polymetallc sulphides (PMS) based on these Plans. The examination of four different fields: the evaluation of the amount of the resource, environmental assessment, mining technology, and processing & smelting technology, are concurrently promoted, aiming for commercialization as soon as possible. Based on the results of research for properties of geomorphology and marine environments of the target test sites in the Okinawa trough, which have been ongoing for several years, the preparation of the pilot lifting test included an in-situ excavation and crushing test conducted using test excavating and crushing systems.

Jan 1, 2018

By Masaomi Kurihara, Seiya Kawano, Norihiro Yamajim, Satoshi Shiokawa, Nobuyuki Okamoto, Hironobu Sakurai

Seafloor polymetallic sulphides are distributed in the EEZ of Japan, including substantial deposits in the Okinawa Trough and Izu-Bonin back-arc basin. In this new frontier, the successful development of these resources in Japan is expected to bring about a new domestic supply of mineral resources. The initial stages of this development are authorized by the Basic Plan on Ocean Policy, approved by the Japanese Cabinet on April 26, 2013, and the Plan for the Development of Marine Energy and Mineral Resources, formulated by the Ministry of Economy, Trade and Industry (METI) on December 24, 2013. In 2008, the Japan Oil, Gas and Metals National Corporation (JOGMEC), commissioned by METI, began a survey and technological development programme for the development of the seafloor polymetallc sulphides (PMS) based on these Plans. The examination of four different fields: the evaluation of the amount of the resource, environmental assessment, mining technology, and processing & smelting technology, are concurrently promoted, aiming for commercialization as soon as possible. Based on the results of research for properties of geomorphology and marine environments of the target test sites in the Okinawa trough, which have been ongoing for several years, the preparation of the pilot lifting test included an in-situ excavation and crushing test conducted using test excavating and crushing systems.

Jan 1, 2018

By NA UMC

Abstract Booklet

Dec 1, 2022

By Jonguk Kim

Submarine hydrothermal activity and mineralization related to island arc volcanism along the Tonga arc were explored during two research cruises in October 2009 (KODOS 09H) and February 2010 (KODOS 10H), respectively. In KODOS 09H cruise, geophysical survey, including multi-beam bathymetry, marine seismic and magnetic investigations, was performed on 10 volcanoes to find out possible structural discontinuity that can act as fluid pathway for formation of hydrothermal deposits at submarine caldera system. The result provided acoustic and seismic image maps and magnetic anomaly maps of targeted volcanoes. Then, detailed seafloor observation and sampling as well as deep tow side scan sonar survey were performed in KODOS 10H cruise on 5 volcanoes which are selected as targeted areas from the previous cruise. Among 5 targeted volcanoes, TA26 shows most extensive hydrothermal activity. Hydrothermal vents and alteration zone were observed on western caldera and summit of eastern cone of the TA26. Although only weak hydrothermal alteration was observed on eastern cone, mineralized fragments of chimney and mound were sampled from western wall of central caldera on TA25 volcano. On TA12 volcano, strong hydrothermal plume and alteration zone was detected during video tows operated between SW scoria cone and small ridge. However, only small amount of hydrothermal altered rocks were collected from TA12. Although hydrothermal activity and mineralization might be formed, supported by plume detection and result of geophysical survey, only weak alteration zones were observed on other two volcanoes (TA19 and TA22). The exploration area generally show shallow depth up to several tens of meters on summit where subsurface boiling of hydrothermal fluid might occur due to low hydraulic pressure, which can affect on styles of hydrothermal venting and mineralization process observed on Tonga submarine arc volcanoes.

Jan 1, 2010

By Grigori Abramov

Borehole Mining (BHM) is a remotely operated underground and underwater method of extracting (mining) mineral resources by high-pressure water jets. It can be carried-out from the land surface, open pit floor, underground mine and floating platform or vessel. The method is currently in use in mining and exploration of such natural resources and industrial materials as: uranium, iron ore, quartz sand, gravel, coal, poly-metallic ores, phosphate, gold, diamonds, rare earths, amber and several more. Yet another application of Borehole mining technology is construction of subsurface collectors, ground walls and storage for compressed or liquefied gases, oil and other products.

By Dwight D. Trueblood

The Benthic Impact Experiment (BIE) is designed to address the effects of sediment redeposition prior to the commencement of commercial mining. The experiment is being conducted in collaboration with Russian scientists from the Yuzhmorgeologiya Association aboard the R/V YUZHMORGEOLOGIYA. Sediment resuspension and subsequent redeposition during manganese-nodule mining is predicted to be one of the primary impacts on benthic communities living on the abyssal seafloor. The redeposition thicknesses that will cause significant faunal mortality in the deep sea are unknown. Sediment redeposition could adversely affect abyssal benthic communities through entombment, or through starvation caused by food dilution and obstructed feeding. This spring NOAA conducted the main portion of the BIE experiment, blanketing the experimental area with varying thicknesses of sediment using the Deep Sea Sediment Resuspension System (DSSRS). The DSSRS was conceived by NOAA scientists, designed and built by Williamson and Associates, and is the critical piece of equipment used to generate the controlled sediment redeposition environment on the 4800-m deep abyssal plane. The DSSRS consists of an 1800-kg sled, 4.8 m long, 2.4 m wide, and 2.2 m high. The sled was towed and powered using an 8,000-m, 26-mm single conductor cable having a 3,000 VAC capacity. As the sled was towed across the bottom, mud was ingested through two rear-facing, 45-cm wide intakes using two 7.6-horsepower pumps, and discharged 10 to 20 m above the bottom through two 20-cm diameter riser hoses. Each pump was instrumented with optical backscatter sensors providing real-time information about the discharge concentration.

Jan 1, 1992

By James M. Cairns

Deep Sea Minerals Inc. (DSM) is a high technology marine minerals and biotechnology corporation. The corporation is currently engaged in a worldwide leasing program to acquire exclusive rights in specific Economic Exclusive Zones (EEZ?s) that DSM?s marine geologists have identified as prospective targets for seabed mines of copper, zinc, gold, and silver. In the last two years the corporation has assembled an international team, including some of the world?s leading marine research scientists and engineers, and has created strategic partnerships and alliances with world-class engineering and mining groups. Development of a marine mining venture has key requirements in common with most other mining ventures. These include financing, deposit location, property acquisition, deposit delineation, and permitting, as well as the collection, transportation, processing and marketing of the ore itself. DSM has made progress on all of these fronts, which is outlined in a general way in this presentation. Financing for the venture is clearly the first big hurdle to overcome. Deep seabed mining involves new technologies and significant up-front capital investment. Less than fifteen years ago, such financing would probably have impossible to achieve, given classical business models. However, with the spectacular success of high technology ventures in the areas of electronics, software, and biotechnology, new business models and investment strategies have evolved which put relatively high evaluations on intellectual property and exhibit relatively high confidence in new ways of doing things. DSM is taking full advantage of these changes in venture capital markets in its financial planning.

Jan 1, 2000

By Jiahua Pan, Yanxiong Mei, Shuqin Liu, Rongfu Pei

Growth characteristics of Co-rich crusts from the Western Pacific have been approached. The thick crust shows 3 structural layers: compact upper layer, porous middle layer, and compact lower layer. The middle and lower layers have obviously different microscopic structure, color, and luster. Preliminary study of Calcareous nanofossils in one crust shows that the crust began to grow since Paleogene. The porous middle layer was formed from late Miocene to late Pliocene (Ca. 0.5 ~ 11.9Ma) and the compact lower layer was formed from late Paleocene to late Oligocene (Ca. 56.3 ~ 23.2Ma). The sedimentary hiatus of a 14.26Ma was observed between the middle and lower layers. The boundary between them to be Oligocene/Miocene (O/M) shows an important message on growth age.