has also taken place off the coast of South Africa, though it has proven less lucrative.
the United Nations meetings on Areas Beyond National Jurisdiction, the Intergovernmental Panel on Climate Change (IPCC) and the work of the International Seabed Authority on marine mining
Matengu to conclude that the moratorium had been killed off and that LL NP and other companies can now proceed with marine mining
activities while LL NP may "construct its fertilizer factory" in Luderitz.
The leading marine mining
company, Debmarine Namibia has appointed Standard Bank Namibia to be the Lead Arranger and Lender of a US$60 million or about N$600 million facility, for the acquisition of the biggest marine diamond production vessel of its kind in the world, known as the 'Mafuta, which in Oshiwambo means seas, oceans or great seas.
Al-Naimi said the meeting discussed matters related to joint investment in minerals and training of national cadre in marine mining
s specialist marine mining
expertise to bear on this world-class deposit.
However, he notes that 5 years ago, the International Marine Minerals Society, based in Honolulu, adopted its own code for environmental management of marine mining
Until now, Trans Hex marine mining
operations have been confined to shallow water of less than 20 metres in the Namibian concession.
Namco's first marine mining
system, NamSSol, revolutionized the ocean diamond industry with its ability to pump high volumes of seabed material using advanced dredging techniques.
This leading-edge mining tool is based on one of the most modern marine mining
technologies developed over the years for the offshore oil industry, incorporating a remotely controlled vehicle equipped with rubber crawler tracks and an integrated ripping/suction head all linked to a surface vessel.
The key objective of the benthic survey programme, Debmarine said, is to investigate the effects of marine mining
on benthic communities of soft-sediment habitats to determine the rate of recovery of these communities after disturbance by mining operations.