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By Elizabeth McIsaac, Wylie Spicer

"In July 2016 the International Seabed Authority (the “ISA”) released a first working draft of its mineral exploitation regulations as well as the standard contract terms for mineral resources in the Area, for which stakeholder input was sought in late 2016. In January of 2017 the ISA released a discussion paper on environmental matters related to these draft regulations. The ISA is now in the process of further developing its draft exploitation regulations and standard contract terms to ensure that seabed mining is carried out in an environmentally sound way for the common benefit of mankind.As the regulator of the “Area”, the ISA can draw lessons from onshore mining regulators and offshore petroleum regulators for their experiences in legislative drafting to smoothly and safely oversee project development, implementation, and closure. However, one of the unique challenges that the ISA faces in regulating private industry is its status as an international organization and not a sovereign nation, which results in a significantly different legal relationship between the regulator and the regulated. The result is that the exploitation contract is the sole legal connection between the mining proponent and the regulator for the exploitation phrase of the project.Accordingly, in the regulatory development process, the ISA must carefully consider which rights and obligations are set out in the exploitation contract versus the regulations. This decision will dictate the flexibility the ISA will have to modernize the conduct required of mining proponents in response to changing best practices in the industry, technological progress, and advances in the understanding of the marine ecosystem. As the first working draft of the exploitation regulations sets out an initial contract period of twenty years, it is crucial for the ISA to carefully consider the rights, obligations, and procedures it agrees to in the exploitation contract, as unilateral amendment will not be possible after contract execution."

Jan 1, 2017

By Mark Lee, Isobel Yeo, Sarah Howarth, Christian Millo, Javier González Sanz, Paul Lusty, Bramley Murton, Pierre Josso

"Seafloor cobalt-rich ferromanganese crusts represent the most important yet least explored resource of ‘E-tech’ elements on the planet (Hein et al. 2003; ISA, 2008; Hein et al. 2010; Hein et al. 2013). These polymetallic deposits form a continuum from nodules rich in manganese and cobalt to crusts rich in tellurium and the heavy rare earth elements (HREE). It is this combination of traditional (base) metals and the extreme enrichment of ‘E-tech’ elements that makes seafloor ferromanganese oxide deposits particularly interesting to both science and society. Recent estimates of the global resource, based on the sparse data available, infers a dry mass of ferromanganese crusts on the seafloor of 35 x 109 tonnes (35GT). Of this, 3.7 GT is predicted in the Indian Ocean, 8 GT in the Atlantic, and 23 GT in the Pacific (Hein et al. 2013).At a global scale, the processes controlling the formation and distribution of ferromanganese (Fe-Mn) crusts are reasonably well understood (e.g. Hein et al. 2000; Verlaan et al. 2004; Cronan 2006; Halbach et al. 1989; Usui and Someya, 1997; Hein et al. 2000; Hein et al. 2003; Hein et al. 2009; Hein et al. 2010; Hein et al. 2013; Muiños et al. 2013; Marino et al., 2016). However, much of this knowledge is drawn from sparse sampling at a regional to ocean basin scale. As a result, there remains a fundamental gap in understanding of the role of local-scale factors, such as micro-topography, ocean currents and upwelling, sedimentation rates, micro-organisms, water mass composition and biological productivity, that are considered potentially crucial to controlling the growth and composition of Fe-Mn crusts. Indeed, quantitative, particularly temporal, information relating to these processes and their relative importance in deposit formation is almost completely absent. Hence, to make any significant advance in understanding these deposits require significant new research."

Jan 1, 2017

By Glen Smith

Nautilus Minerals is the world leader in exploration and development of deep ocean seafloor massive sulphide (SMS) resources. The company is currently focused on generating its resource pipeline in the Western Pacific and its first development project for recovery of high-grade copper, gold and silver mineralisation from its Solwara 1 site in the Bismarck Sea, Papua New Guinea. The Solwara 1 site is located at a water depth of 1,600 ? 1,800 meters. Over 150 SMS seafloor surface samples have been collected from chimney structures during dives made by remote operated vehicles (ROVs). In order to obtain an understanding of the sub-surface mineralisation, Nautilus carried out 4 drilling programs between 2006 and 2010 which allowed the calculation of a Canadian NI43-101 compliant resource estimate. The initial 2006 campaign was based on conventional offshore surface driven drill equipment. In conjunction with the subsea remote technology industry, Nautilus subsequently developed an ROV operated seafloor drill system with improved drill core recovery and efficiency. This technology was developed further with a 2010 - 2011 drill program to increase the available geological knowledge at Solwara 1 and adjacent prospects. his paper will provide an overview of Nautilus? SMS drilling requirements and recap the evolution of drilling technology and operations undertaken at Solwara 1 from 2006 to 2011. The paper will also discuss the potential of further developments in drilling techniques and equipment to increase or improve drilling depth, efficiency and data quality.

Jan 1, 2011

By T. Kuhn

The Logatchev hydrothermal field is situated on the east inner flank of the rift valley of the MAR at 14°45?N and is hosted by serpentinized peridotites and minor gabbronorites while basalts are subordinate. Hydrothermal precipitates recovered from the Logatchev field during a recent R/V Meteor cruise include massive chalcopyrite chimneys, massive pyrite crusts, silicified breccias, abundant secondary Cu-sulfides, red jaspers, abundant Fe-Mn-oxyhydroxides as well as atacamite and Mn-oxides (Kuhn et al., 2004). Previous results of hydrothermal fluid studies in the Logatchev field are somewhat at odds with theoretical models of ultramafic-seawater reaction. Butterfield et al. (2003) suggested that the Fe component of orthopyroxene plays the more important role compared to olivine in ultramafic-hosted hydrothermal systems. This consideration is supported by the recovery of large amounts of Opx-rich gabbronorites and orthopyroxenites in the Logatchev field (Kuhn et al., 2004). A possible tool to constrain the contribution of the different rock types (ultramafics, mafics, MORB) to a seafloor hydrothermal system is the systematic analysis of 187/188Os ratios of the host rocks as educts and the sulfides as products. For instance, abyssal peridotites mainly display low 187/188Os ratios (<0.127); in contrast MORB and gabbronorites have radiogenic ratios of >0.13 (Snow and Reisberg, 1995), orthopyroxenite has ratios of about 0.174 (Büchl et al., 2002) and seawater has an ever higher 187/188Os of about 1 (Sharma et al., 1997). Therefore, massive sulfides predominantly leached from ultramafic rocks should have Os isotopic ratios plotting on a mixing line between the ultramafic rocks and seawater (in a 187/188Os vs. 1/Os diagram), whereas those derived from MORB, gabbronorites and/or orthopyroxenites will be plotting on different mixing lines.

Jan 1, 2004

By Tracy Shimmield

Deep sea tailings placement (DSTP) techniques have been pioneered in Papua New Guinea (PNG): a mining reliant economy in a seismically active region, facing major environmental challenges in the safe handling and storage of mine tailings on land. Scientists at SAMS have researched impacts of DSTP on the marine environment specifically to inform and develop guidelines for the use of DSTP to reduce environmental impact, thereby lowering risk and increasing private sector investment. Guidelines have been established as regulation by the PNG Government providing reassurance to private investors, facilitating an increase in mining exports to 60% of total export. Researchers investigated the effects of DSTP at 2 PNG mines: Lihir Gold Mine which has been actively discharging tailings since 1996 and Misima Mine, closed in 2004 after discharging tailings for 15 years, allowing an assessment of the recovery of the marine environment after tailings placement. Research involved investigating ocean currents and mixing, the behaviour of metals and the effect of tailings on benthic communities including the risk of elevated metal contents entering the food chain. The research established a metal ?fingerprint? of tailings compared to natural sediments, which enabled the transport of fine tailings within the deep ocean to be ascertained.

Sep 14, 2011

By Anthony Wakefield

Dredging tends to be either horizontal or vertical. In each case solids have to be disengaged from the deposit, mobilized, acquired and elevated or translated. One means of elevation is the airlift. Elevation and translation of essentially granular material nay be by jet pump or centrifugal pump. Any of the three types may be used on its own. The airlift and jet pump may he combined for vertical transport and the centrifugal and jet pumps for predominantly horizontal. Both suction point and pipework must have a means of deployment from the surface or from a submerged vehicle or merely a diver. An airlift is an energetic system, having a source of energy and a means of storing it. It therefore will be difficult to prevent oscillation -surging. A centrifugal pump has a characteristic that bends over at low flow rate and is therefore intrinsically unsuitable for pumping solids. The result is blockage, operation at high velocity and correspondingly high wear rates or operation at low concentration of solids and correspondingly low efficiency. The jet pump is intrinsically exceptionally stable but has a low hydraulic efficiency. The jet pump-airlift hybrid prevents or reduces surging and increases system efficiency away from the optimum depth for airlift operation. Delivered solids concentration is increased. The jet pump-centrifugal pump hybrid totally prevents pipeline blockages and increases the productivity from a given pipeline size. For a given energy input the average production is typically doubled. For example, the Indian River Delaware bypassing pipeline transmits an overall day-in-day-out average of 500t/h (tonnes) of sand down a 10.86" diameter line.

Jan 1, 1998

By W. C. Burnett

The land phosphate deposits of the U.S. southeastern coastal plain have long been a major factor in the world trade of phosphate rock (Fig. 1). As recently as 1979, deposits of North Carolina and Florida alone accounted for about 33 percent of the entire world&apos;s phosphate exports. This situation is changing, however. World production increased by ~9 %, yet the U.S. share was down to ~28% in 1984. A complex interaction of economic and political factors combined with increasing costs of raw materials, production, and transportation have led to this systematic erosion of the U.S. market share. Changing land-use patterns within the southeast, environmental pressures, exhaustion of shallow high-grade resources in Central Florida, and the increased pressure from expanding low-cost production in other countries throughout the world account for much of the present difficulty in the U.S. phosphate industry. Considering this depressed environment -- what are the prospects for development of offshore resources? A summary of new research on offshore phosphorite within the U.S. Exclusive Economic. Zone (EEZ), as well as an attempt to place possible development of these resources within the current economic setting, is the purpose of this presentation. We will emphasize work in progress on a major offshore deposit along the U.S. Atlantic Margin as well as new research on Pacific Ocean occurrences of phosphorite on seamounts and insular slopes within U.S. waters.

Jan 1, 1986

By Grigori Abramov

As we enter into the 21st Century, miners are looking more attentively at new mining technologies allowing decrease environment damage along with operational cost. This technic would allow developing of poor and difficult mineral deposits, including the World Ocean offshore zone. Borehole Mining is an underground/underwater remote method of mining carried out from floating platforms or vessels. Definition of Borehole Mining (BHM), working schematic, main technical data and its advantages are given. The method is currently in use in mining of different type of raw materials, such as: uranium, iron ore, quartz sand, coal, polymetallic ores, phosphate, gold, diamonds, rare earths, amber and more. It is also in use in oil and gas stimulation, salt domes storages building and environmental problems solution. Recently recorded data of Borehole Mining productivity (80-100 t/hour/hole) and a depth of mining (over 1 km) has been achieved in a last couple years. Remoteness of method not only secures complete safety of operations but also allows wide sector of underwater applications. The World leaders in Borehole Mining are Russia and the United States. Based on previous experience the Universal Tool for Seabed Borehole Mining has been developed for wide sector of usage: from exploration and mining - through oil & gas stimulation to souterrain storages construction and lake&apos;s bottom cleaning.

Jan 1, 2000

By Nobuyuki Okamoto

The 21-year long-term Japan-SOPAC Cooperative Deep-sea Mineral Resources Study Programme was completed in March 2006. The Programme, which commenced in 1985, has seen numerous marine research surveys being conducted within the Exclusive Economic Zones (EEZs) of 12 SOPAC member countries (Figure 1). The various research and government institutions that have been closely involved in this longstanding Programme include: the Japan International Cooperation Agency (JICA); Japan Oil, Gas and Metals National Corporation (JOGMEC) (formerly, the Metal Mining Agency of Japan, MMAJ) and relevant ministries of the participating Pacific Island governments.

Sep 24, 2006

By S. Rajendran

Gas Hydrates (Methane Hydrates) are solid, ice ? like substances composed of water and natural gas. They occur naturally in areas of the world where methane and water can combine at appropriate conditions of temperature and pressure and are found in the ocean bottom sediments and in some permafrost areas. Besides temperature and pressure, factors like bathymetry, sediment thickness, sedimentation rates, and total organic carbon content (TOC) also control gas hydrate formation in the sea. The stability of gas hydrates depends on the critical high pressure ? low temperature combination (0 - 17 bars, 0 - 25°C), which in turn dependent on the mix of gases from which the mineral is formed. As the critical parameters can be altered by deposition, erosion or slumping of sediments, formation or melting of ice cover, rise and fall of sea level and sudden temperature changes induced by tectonic activities, current flows or volcanisms, the gas hydrates tend to be very unstable. The Indian offshore is promising with the occurrence of gas hydrates in a total of about 80,000 km2 area in the bathymetry range of 700 to 3000 m as reported in the earlier surveys. A gas hydrate stability zone thickness map was prepared using bathymetry and sea bottom temperatures along the continental margins of India. This map is expected to provide the depth window while searching for the ?Bottom Simulating Reflectors? (BSR). The study indicates that a minimum water depth of 750 m is required for the formation of gas hydrates, and above which the chances for gas hydrates occurrences appear minimal despite other favourable conditions like presence of sediment rich organic content etc. Single channel seismic analog records (Gupta et al., 1998) suggests that Western Continental Margin of India (WCMI) offers greater promise with to gas hydrate occurrences, particularly with regard to the number of BSRs traced on the analog records as compared to the earlier surveys.

Jan 1, 2002

By J. W. Jamieson

INTRODUCTION Hydrothermal vents that form seafloor massive sulfide (SMS) deposits represent unique biodiversity hotspots that host many species that are found only at these sites. The destruction of these habitats remains one of the greatest environmental risks associated with proposed mining of SMS deposits. For this reason, there is a growing movement to protect active vent sites from direct and indirect effects of seafloor mining (Van Dover et al., 2018). Mitigating the adverse effects of mining on these ecosystems may prove to be one of the greatest challenges facing the marine minerals industry. At the same time, there is increasing evidence that inactive or extinct hydrothermal systems, which do not host the density or diversity of animals typical of active vents, may constitute a significant proportion of the SMS resource potential on the seafloor. Mining inactive SMS deposits may therefore present an extractive opportunity that does not necessitate the disturbance or destruction of active vent habitats. However, if mining of SMS deposits is to take place only at inactive vent sites in order to protect active vent ecosystems, a clear definition of what defines a site as active or inactive is necessary. ACTIVE AND INACTIVE SEAFLOOR MASSIVE SULFIDE DEPOSITS Our understanding of the number of inactive deposits, their size and grades, and how they are preserved on the seafloor remains limited, largely due to the challenges associated with finding these deposits. Over 90% of all hydrothermal vent fields discovered so far are hydrothermally-active. Almost all of these sites were discovered through the detection of chemical anomalies associated with active hydrothermal venting via water column surveys. Inactive sites have no associated hydrothermal plume, and thus the well- established plume survey exploration method is not effective. As a result, very few truly inactive sites inactive sites have been discovered. Alternative exploration methods, such as spontaneous potential (SP) surveys, magnetic surveys, and high-resolution mapping are required (Cherkashev et al., 2013; Jamieson et al., 2014; Tivey and Johnson, 2002). As methods for locating inactive deposits continue to develop, our understanding of the distribution and resource potential of these deposits will increase, and the focus of resource exploration will shift from active to inactive vent sites. However, for now, most exploration and deposit development activities remain focused on active vent fields.

Jan 1, 2018

By M. Ravindran

The Government of India started its deep seabed exploration programme during 1982. This programme was started as one of national importance and several national laboratories were involved to realize the development of requisite technologies for deepsea mining and processing. After a concentrated effort on surveying, using its own as well as hired ships, India succeeded by mid 1980s in identifying a prospective site in the Indian Ocean as an exclusive claim for development. India was registered as a Pioneer Investor and became the first country to obtain this status on 17th August 1987. India has been allocated an exclusive mine site of 150,000 km2 in the Central Indian Ocean. Our country also developed considerable expertise in the metallurgical processing for extracting metals from these nodules. The Department of Ocean Development, Government of India, the organization which is designated as the nodal agency responsible for implementing the deep seabed mining programme has drawn up a long term plan which will enable it to fulfill its obligations as a Pioneer Investor. The work toward the design and development of a mining system has been entrusted to the Central Mechanical and Engineering Research Institute, Durgapur. As a part of this programme they have developed a nodule collector and a riser system which have been tested in very shallow waters only. Since this technology development for deep sea mining applications is highly time consuming and very expensive, this programme is also being used to develop components for intermediate applications. In view of the long timeframe required for perfecting a deepsea nodule mining technology, the Government of India is also keen on developing shallow water mining systems for utilizing the placer deposits. One of the richest heavy mineral deposits in the Indian Exclusive Economic Zone is available on the west coast of South India in the state of Kerala. The coastal stretch between Kanyakumari, on the southern tip of India, and Alleppey along the west coast at a distance from the tip of approximately 210 km, there is a good multimineral reserve. The initial survey indicates that the estimated reserves in the surveyed areas are approximately as follows: Ilmenite 1.4 million tonnes Rutile 0.14 million tomes Zircon 0.13 million tomes Sillimanite 0.53 million tonnes

Jan 1, 1994

By Boris Broere, Wiebe Boomsma, Pieter Lucieer

"The Blue Nodules project started February 2016 as part of the EU Horizon 2020 subsidy program. Blue Nodules aims at developing a sustainable deep sea mining system for the harvesting of polymetallic nodules from the sea floor. Blue Nodules is closely related to the Blue Mining and Midas projects, both EU subsidized projects. Blue Mining mainly concerned the development of technical capabilities to adequately and cost-effectively discover, assess and transport deep sea mineral deposits up to 6,000 m water depths. The MIDAS project - Managing Impacts of DeepseA reSource exploitation - was a multidisciplinary research programme investigating the environmental impacts of extracting mineral and energy resources from the deep-sea environment.The Blue Nodules project is divided in seven work packages defined to develop mining equipment and process equipment, to assess and integrate environmental, economic and technological aspects and to assess and minimize the environmental impact of mining polymetallic nodules.This abstract will address part of the work performed in the second work package called: ‘Subsea harvesting equipment and control technology’. The main topic addressed will be the development of a propulsion system to manoeuvre the harvesting system. The propulsion system will be developed with full incorporation of economical and compliance requirements and to have a minimal environmental impact.SummaryBased on information gathered in the 70’s during the first studies into polymetallic nodules mining and more recent data and developments, an initial full scale design of the propulsion system is developed. The largest challenge for the propulsion of a deep sea mining vehicle is to drive on the soft sediments associated with these deep sea environments. A short summary of the initial design criteria is given below."

Jan 1, 2017

By Luc Rombouts

The resources and reserves calculation of marine diamond deposits should be based on a systematic sampling grid. The distribution of the sample grade results tends to be very skew and has a large variance. A bias is easily introduced due to the fact that the grade distribution of the samples is very different from the grades of the area of influence. The temptation is always there to extrapolate the highest grade samples simply to their area of influence. If this is done, the higher grade areas will be systematically overestimated, while the lower grade areas will be underestimated. Such a bias should surely be avoided by weighing the sample grades in such a way with their neighbours, so that the estimated grades have a similar distribution as the grades of the blocks. The grade distribution of small mining blocks tend to be lognormal-like. If the coefficient of variation is known, i.e. the standard deviation divided by the mean, then the grade distribution of the small mining blocks is relatively well-defined. The distribution of the diamonds within the deposits can be simulated, based on the histogram of the sample results and on the semivariogram. The diamonds tend to cluster in trapsites. From the semivariogram and the histogram, the average size and spacing between trapsites, and the grade distribution within the trapsites, can be calculated using the model of the General Family of Discrete Distributions. Using such a simulated deposit, the grade distribution for different block sizes can be obtained. The grade distributions become more lognormal-like with increasing block sizes, as the trapsite effect is reduced.

Jan 1, 1998

By Wonn Soh

As for Earth, where human beings live, approximately 70 % of its surface is covered by oceans. Today, advanced technology has led us to understanding the abyssal ocean floor through the use of submersibles and ROVs (remotely operated vehicles) for the last 30 years. Furthermore, the oceanic crust beneath the abyssal floor still remains an unexplored scientific frontier due to the lack of a direct approach. Exploration of this frontier is required to enhance our understanding of the mechanism of the M.8 class plate-subduction-type earthquake, of generation of the big tsunami, that caused the disaster, and of the paleo-global environmental change as well as of the origin of life as viewed in deep water thermal vents.

Although Mn, Fe, Cu, Ni, and Co have been the main interests since the ferromanganese nodules had been found, the other major components such as Si and Ca might be very important controlling factors in the processing due to the locally variable content. It is because of the fact that SiO2 and CaO are added to decrease the smelting temperature in the reduction-smelting method for manganese nodule processing. We have compiled the 707 chemical data for KODOS (Korea Deep Ocean Survey) ferromanganese nodules, which have been acquired from 1994 to 2001 and have been also standardized from 2001 to 2003 to avoid the discrepancy between the data sets. All 707 chemical data were used for the hierarchical cluster analysis to get the elemental correlations and also classified by the morphological types. The averages from each station were classified by the facies groups (Fig. 1) and the localities. Then all data are plotted on the SiO2-CaO-MnO phase diagram at 1773°K to compare with the best compositional area in the nodule smelting. Variations and distributions of SiO2 and CaO as well as those of Mn, Fe, Cu, Ni and Co in KODOS ferromanganese nodules were also reviewed. The mineral phases assigned by the cluster analysis are CFA (Carbonate Fluorapatite), Fe-oxide, Al-silicate, and Mn-oxide. MnO contents are generally higher than SiO2 contents in most of the morphological types except for the Is- and It-type. The Dt- and Tt-type show wider range and the E-types show high anomaly in their CaO contents. The stations which belong to facies group A and B show generally higher MnO contents than SiO2 contents, however, the stations of facies group C and D show wide range in their MnO and SiO2 contents.

Jan 1, 2004

By Tetsuo Yamazaki

Seafloor massive sulfides (SMS) in the western Pacific have received much attention as resources for gold, silver, copper, zinc, and lead (Lenoble, 2000). Since the end of the 1980s, SMS have been found in the back-arc basin and on oceanic island-arc areas. The typical representatives found are in the Okinawa Trough and on the Izu-Ogasawara Arc near Japan (Halbach et al., 1989; Iizasa et al., 1999), in the Lau Basin and the North Fiji Basin near Fiji (Fouquet et al., 1991; Bendel et al., 1993), and in the East Manus Basin near Papua New Guinea (PNG) (Kia and Lasark, 1999). The higher gold, silver, and copper contents in one of the areas increased the chance for profitable mining operation, which was considered by a private company (Malnic, 2001). The company gathered investment money and announced to start the commercial mining from 2010 (www.nautilusminerals.com). On the basis of geological information of the Sunrise Deposit of the Myojin Knoll on the Izu-Ogasawara Arc (Iizasa et al., 1999) and geotechnical characteristics of SMS (Yamazaki and Park, 2003), some preliminary economic validation analyses of the SMS mining in small production scale were reported by one of the authors (Yamazaki et al., 2003; Yamazaki and Park, 2005; Yamazaki, 2007). The results showed high profitability of the SMS mining.

Jan 1, 2011

By William D. Siapno

Approximately a century lapsed between the time nodules were discovered and the beginning of commercial exploration in the early 1960&apos;s. A period of rapid development of exploration and mining technology ensued over most of the next two decades. In recent years advancement has been sharply curtailed. This paper discusses the constraints inhibiting nodule mining and some developments that could aid in overcoming certain difficulties. Specifically, the greatest single constraint is economic. With few exceptions mineral markets are badly depressed. Present projections for development of nodules are for the late 1990&apos;s or beyond. However, the U.S. awarded exploration licenses in mid-1984 and more recently boundaries of license areas have been released. These conditions promote cooperation among organizations engaged in deep ocean mining. Survey data, and where appropriate some data products, have been exchanged between various consortia. The present hiatus in at-sea activities provides an excellent opportunity to investigate the best means to proceed. This period of quiescence offers a rare moment to distill the meaningful values of an era of hectic activity to permit more efficient development in the future.

Jan 1, 1985

By G. Cherkashov

The geodiversity of seafloor massive sulfides (SMS) deposits at the slow- and ultra-slow spreading ridges is of great variety (Fouquet et al., 2010). Tectonics and magmatism are the two principal factors which control SMS formation and localization. The geological setting of SMS deposits is determined by their position relative to the rift valley and by the types of rocks hosted (Table 1). Depending on the first parameter, SMS deposits could be localized at [ ] the axial volcanic ridge or at the flank of the rift valley. Basalts, deep-seated gabbro, and serpentinized peridotites are distinguished among the hosted rocks. The outcrops of deep-seated rocks are exposed at the flanks of the rift valley. The tectonic mechanism of the lower crust and mantle rocks exhumation process is connected with very large offsets along the detachment faults, resulting in a forming oceanic core complex (OCC) (Smith et al., 2006; MacLeod et al., 2009). The SMS related to OCCs are represented by such ore clusters as Ashadze, Logatchev, Semyenov, and some others (Table 1) and are increasing steadily in number. This fact in combination with widespread OCC formation at the slow-spreading ridges (Escartin et al., 2008) and high grades of metals in SMS related to OCCs has provoked considerable scientific and economic interest in these types of deposits. It could be mentioned in this regard that the first two applications to the International Seabed Authority for prospecting and exploration of sulfides have been submitted for the areas in the spreading centres with wide distribution of the core complexes.

Jan 1, 2011

By Henk van Muijen, Jan Willem de Wit

1.1 Profile IHC Holland Merwede IHC Holland Merwede is world market leader in the construction of specialist dredging equipment and large-size custom-built offshore vessels. The clients of IHC Holland Merwede include major dredging companies, oil and gas exploration groups, offshore contractors and government authorities. IHC Holland Merwede is focused on the continuous development and innovation of technology to ensure maximum performance and efficiency of its designs and constructions supplied to the dredging and offshore industries. IHC Holland Merwede has a staff of approximately 2,000 at its locations in Hardinxveld- Giessendam, Kinderdijk, Krimpen aan den IJssel, Sliedrecht, Delfgauw, Goes, Hendrik Ido Ambacht and Heusden. Besides worldwide representations, IHC Holland Merwede has branches in China, Houston (USA), India, the Middle East and Singapore. 1.2 Mission IHC Holland Merwede’s mission is to optimize value by anticipating and satisfying its client’s requirements, with efficient advanced technology solutions. The group’s aim is to be consistently at the forefront of technology development, in the business sectors in which it operates.