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The Metals Company: From Riches to Rags… to Penny Stocks?
Source: Deep Sea Mining Campaign, MiningWatch Canada (Victoria/Ottawa/London) The Metals Company’s (TMC) second quarterly results are out – just as the company appears close to violating the listing standards of the Nasdaq Stock Exchange...
Bloomberg: Governments Turn Against Deep-Sea Mining as EV Boom Drives Demand for Metals
A new species from a new order of Cnidaria lives on sponge stalks attached to nodules in the Clarion-Clipperton Zone of the Pacific Ocean.Photographer: Craig Smith and Diva Amon, ABYSSLINE Project via NOAA A UN-affiliated organization meets this week to negotiate...
Blink and It’s Gone: TMC’s First AGM is a Sham
Civil society organisations denounce the lack of accountability and transparency at the first Annual General Meeting (AGM) of The Metals Company (TMC), which took place yesterday 31st May as a virtual meeting. SOURCE: MiningWatch Canada, Deep Sea Mining Campaign,...
The high seas provide an opportunity for Canadian leadership
Steps need to be taken to ensure that deep seabed mining does not put at risk species that are not found anywhere else in the world. Written by Susanna D. Fuller, Catherine Coumans, Nicole Zanesco. Originally published on Policy OptionsApril 13, 2022 From the...
More Pain for The Metals Company in Quarterly Results
The latest quarterly results deepen the misery of would-be deep sea miner The Metals Company (TMC) showing widening annual losses, dwindling cash reserves, and a share price that is back in the doldrums. SOURCE: MiningWatch Canada, Deep Sea Mining Campaign The 4th...
Canadians Call for a Moratorium on Deep Seabed Mining
Ottawa—As the International Seabed Authority meets in Jamaica, a petition asking for a global moratorium on deep seabed mining, signed by more than 4000 Canadians, goes to the government for a response. On December 20, 2021, Oceans North, MiningWatch Canada, the...
Sham Company, Sham Process, Sham Regulatory Authority
The Metals Company and the International Seabed Authority slammed over Environmental Impact Statement. Stakeholder consultation for The Metals Company Environmental Impact Statement – A disingenous, stage managed public relations exercise. ...
Canadians ask Federal Government to Support Moratorium on Deep Seabed Mining
Six Canadian NGOs and charities launch a parliamentary petition calling on the Canadian government to support a moratorium on deep seabed mining in international waters (Ottawa) Oceans North, MiningWatch Canada, the Canadian Parks & Wilderness Society...
Canada’s Role in Deep Seabed Mining
Join MiningWatch Canada, Oceans North and other Canadian organizations in calling for a moratorium on deep seabed mining in international waters. Sign the parliamentary petition we have co-sponsored. Canadian mining companies are on the forefront of efforts...