wanzeo writes: An undersea volcano is erupting off the coast of the Canary Islands with the potential for new land formation. The lava peak has grown 100 meters from the ocean floor, and is now just 70 meters from the surface. It has been seen ejecting rocks from the sea and producing jets of water 20 meters high. Increasing seismic activity has been monitored since July, an indication that magma is rapidly moving towards the surface. Local residents have been evacuated because of the potential danger from falling rocks or violent steam explosions if the lava gets too close.