West Perth, Australia-Bonaparte Diamond Mines NL said June 18 that it has submitted applications for mineral exploration licenses covering an area of approximately 770 km off the coast of Peru, where scientific studies have identified the presence of phosphate-enriched sediments at or near the ocean floor surface. “The available data is very encouraging, and we are excited at the prospect of developing the full potential of this area of marine phosphate off Peru to complement our existing projects in Namibia,” said Bonaparte Managing Director Mike Woodborne. Bonaparte is also looking for marine phosphate off the coast of Namibia. The Peruvian application area is in water depths of 100-300 m. “There is a new and very credible drive to develop mining of marine minerals in water depths of up to 2,000 m. Our projects lie within the reach of current marine dredging technologies and we have the relevant skills and experience to establish Bonaparte’s position at the front end of the marine mining industry,” added Woodborne.
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