The Challenge of Finding New Mineral Resources: Global Metallogeny, Innovative Exploration, and New Discoveries
VOLCANIC-ASSOCIATED and sedimentary-exhalative massive sulfide deposits on land account for more than one-half of the world's total past production and current reserves of zinc and lead, 7 percent of the copper, 18 percent of the silver, and a significant amount of gold and other by-product metals (Singer, 1995). A new source of these metals is now being considered for exploitation from deep-sea massive sulfide deposits. Because the oceans cover more than 70 percent of the Earth's surface, many expect the ocean floor to host a proportionately large number of these deposits. However, there have been few attempts to estimate the global mineral potential. Significant accumulations of metals from hydrothermal vents have been documented at some locations (e.g., 91.7 Mt of 2.06% Zn, 0.46% Cu, 58.5 g/t Co, 40.95 g/t Ag, and 0.51 g/t Au in the Atlantis II Deep of the Red Sea: Mustafa et al., 1984; Nawab, 1984; Guney et al., 1988). Even more metal is contained in deep-sea manganese nodules. Current estimates in the U.S. Geological Survey (USGS) mineral commodities summaries indicate a global resource of copper in deep-sea nodules of about 700 Mt. In the Pacific "high-grade" area, an estimated 34,000 Mt of nodules contain 7,500 Mt of Mn, 340 Mt of Ni, 265 Mt of Cu, and 78 Mt of Co (Morgan, 2000; Rona, 2003). A number of countries, including China, Japan, Korea, Russia, France, and Germany, are actively exploring this area.
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