The Next Gold Rush Will Be 5,000 Feet Under the Sea

Rabaul, a township on the northern tip of Papua New Guinea’s New Britain island, is still covered in the ash of a volcano that exploded decades ago. Eruptions have twice decimated the city, once in 1937, and once in 1994. Both times, locals rebuilt and soldiered on. Today, if you’re driving across Rabaul, you’ll pass long stretches where ash is still piled on the shoulder and even on the middle of the road; it’s so thick you’ll want to close the windows to keep ...
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