Monday, March 26, 2007

British wreck could yield $1-billion in treasure (Mail & Guardian, UK)

Up to a billion dollars' worth of gold and silver on a sunken 17th-century English warship may soon be recovered following an agreement with Spanish authorities.

Professional marine treasure hunters working with the British government have reportedly been given the go-ahead to recover gold and silver pieces from what is thought to be the wreck of the HMS Sussex, which took 560 sailors to a watery grave off Gibraltar in 1694.

Although the Spanish government had given its approval, authorities in the regional government of Andalucia had been blocking progress towards recovering the 10 tonnes of gold and silver believed to have gone down with the vessel. . . .

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