Seabed-Mining Robots Will Dig for Gold in Hydrothermal Vents

For decades, futurists have predicted that commercial miners would one day tap the unimaginable mineral wealth of the world's ocean floor. Soon, that subsea gold rush could finally begin: The world's first deep-sea mining robots are poised to rip into rich deposits of copper, gold, and silver 1,600 meters down at the bottom of the Bismarck Sea, near Papua New Guinea. The massive machines, which are to be tested sometime in 2016, are part of a high-stakes gamble for the Toronto-based mining company Nautilus Minerals. Nautilus's machines have been ready to go since 2012, when a dispute between the firm and the Papua New Guinean government stalled the project. What broke the impasse was the company's offer, in 2014, to provide Papua New Guinea with certain intellectual property from the mining project.