I'm sorry. The exact project is the first ever seabed mining commercial venture in human history. It will be to mine the sea floor's massive sulphide deposits at deep sea hydrothermal vent systems a mile deep in the Bismarck Sea, off New Ireland and Papua New Guinea. It's the first in history. It's a remarkable technology, but as it is the first such project in history, it should be looked at with great scrutiny, both by the Government of Papua New Guinea, the company, and the host governments--the Government of Canada as well.
If I might also, on this embassy connection that Mr. Schnoor mentioned, I had a flashback to when I was just down in El Salvador two months ago at a meeting with the U.S. embassy representatives about the problems with Pacific Rim, because it is also licensed in the United States, not just Canada. They were completely on the side of the company, against the Government of El Salvador and against the people of Cabañas, where the mine is proposed. I found that stunning. This is in the Obama administration—a new administration, mind you, and the new ambassador had yet to get down there—but they favour it.
Pacific Rim has filed a CAFTA claim at the International Centre for Settlement of Investment Disputes at the World Bank in Washington. Those disputes are being arbitrated right now. The embassy of the United States said it supports the claims by the company for hundreds of millions of dollars in compensation from the Government of El Salvador because the government did not grant them their licence to operate.
I'm saying the embassies need to be much more diplomatic; it's not unique to just Canada.