In a review paper published June 23 online in the journal Mineralium Deposita, Cathles, Cornell professor of earth and atmospheric sciences, writes that while land-based deposits may be a dwindling source of valuable minerals, deposits on the ocean floor could power humanity for centuries.
The minerals, including sulfur, copper, zinc, iron and precious metals, are contained in volcanogenic massive sulfide (VMS) deposits that form on the ocean floor where tectonic plates pull apart and allow magma (molten rock) to invade the Earth's 3.7-mile- (6 kilometer-) thick crust. The magma heats seawater to 662 degrees Fahrenheit (350 degrees Celsius) and moves it through the ocean crust via convection; and the seawater deposits the minerals where it discharges along the ridge axis.
Mineralium Deposita - What processes at mid-ocean ridges tell us about volcanogenic massive sulfide deposits
Episodic seafloor spreading, ridge topography, and fault movement at ridges find (more extreme) analogs in the arc and back-arc setting where the volcanogenic massive sulfide (VMS) deposits that we mine today were formed. The factors affecting sulfide accumulation efficiency and the extent to which sulfides are concentrated spatially are the same in both settings, however. The processes occurring at mid-ocean ridges therefore provide a useful insight into those producing VMS deposits in arcs and back-arcs. The critical observation investigated here is that all the heat introduced by seafloor spreading at mid-ocean ridges is carried out of the crust within a few hundred meters of the ridge axis by ∼350°C hydrothermal fluids. The high-temperature ridge hydrothermal systems are tied to the presence of magma at the ridge axis and greatly reduce the size and control the shape of axial magma intrusions. The amount of heat introduced to each square kilometer of ocean crust during its formation can be calculated, and its removal by high-temperature convection allows calculation of the total base metal endowment of the ocean basins. Using reasonable metal deposition efficiencies, we conclude that the ocean floor is a giant VMS district with metal resources over 600 times the total known VMS reserves on land and a copper resource which would last over 6,000 years at current production rates.
UPDATE - Review of Nautilus Minerals, the first commercial ocean floor gold and copper mining company.
















