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January 2007 contents Marine Technology Reporter • Volume 50 Number 1 Deep Sea Mining 22 The Future is Now Two companies — Nautilus Minerals and Neptune Minerals — are leading the charge to discover and recover valuable minerals from the bottom of the ocean. — by Maggie L. Merrill Danger Below! 30 Subsea Explosive Hazards The world's oceans are littered with unexploded munitions, remnants of war, military test ranges, trials and dumping grounds. As undersea technologies advance there has been a marked increase in the amount of explosive ordnance being discovered. One company — Ramora — saw the need to address the matter before disaster strikes. — by David Welch Wired 34 Meet L.O.R.I. L.O.R.I. — ot Lighthouse Oceans Research Initiative — is reportedly the first Middle East Cabled Seabed Observatory. — by Ken Du Vall Number Crunchers 38 Deepwater Ops Study Launced for GOM Ziff Energy group has launched the sixth edition of its Deepwater Reducing Field Operation Costs study, to evaluate 2006 operating costs for more than two dozen deep- water producing assets in the Gulf of Mexico (GOM). Pictured in the background is Seafloor Massive Sulphide inspected by Placer Dome geologists — on site Suzette field PNG v2. (Photo Credit: Nautilus Minerals) 2 MTR January 2007 MTR#1 (1-16).qxd 1/11/2007 4:15 PM Page 4