Now the EU and SPC have published a so-called assessment on the costs of benefits of mining deep-sea minerals in PNG. Papua New Guinea Mine Watch writes in their blog: The
„new report claiming the money to be made from experimental seabed mining in PNG far outweighs the costs. Unfortunately the expensive report:
- Fails to put a monetary value on many of the potential environmental costs
- Fails to deal with the fact billions of dollars in mining revenues have already FAILED to improve the lives of ordinary people in PNG
- Fails to acknowledge the past failure of PNG authorities to manage land-based mining and its terrible social and environmental impacts
- Assumes, totally against the evidence, that any environmental damage will be fixed by the mining company.“
It doesn’t sound like a very sound analysis to us. Read more in „EU and SPC peddling dangerous misinformation“ by Papua New Guinea Mine Watch.