One is Neptune Minerals, an Australian-based company that appliedfor a mininglicencein 2008 fortwo deposits in about 1, 250 metresof water nearthe Kermadec islandsoffNew Zealand.
Last year, for instance, a group of British and American investment funds beat off an attempt by the French government, for political reasons, to strip a French mining company in which they held shares of a licence to dig in Canada.