Transparency and trust in the Deep-sea Mining Industry

Maria Bolevich for DSM Observer Transparency builds trust, but deep-sea mining contractors are faced with the challenge of balancing a mandate for transparency under the UN Convention on the Law of the Sea with the need to maintain propriety over the privileged information needed to compete in an emerging industry. This balancing act creates an […]

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“Let us be up to the task that has been given to us” – Four key takeaways from the summer meeting of the International Seabed Authority

Andrew Thaler for the DSM Observer After nearly a month and a half of meetings, including of the Legal and Technical Commission, the Finance Committee, the Council, and the Assembly, the Second part of the 27th Session of the International Seabed Authority came to a close on August 4th, 2022. Though a critical moment for […]

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The “Sword of Damocles” hangs over the future of Deep-sea Mining

Andrew Thaler for the Deep-sea Mining Observer Twenty-eight years ago, the International Seabed Authority (ISA) gathered in Jamaica for the first time to establish the regulations, standards, and guidelines governing how mineral resources—resources that under the UN Convention on the Law of the Sea are the “common heritage of mankind”—would be mined from the ocean […]

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This Week in Deep-sea Mining: July 12, 2022

Headlines The Guardian: One deep sea mine could send noise 500km across the ocean – report Japan Today: Outgunned island states vow to fight deep-sea mining Reuters: France’s Macron says deep-sea mining must not go ahead Asia Pacific Report: Fiji, Palau and Samoa call for deep-sea mining moratorium at UN conference Eco-Business: Singapore affirms support […]

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This Week in Deep-sea Mining: June 7, 2022

Headlines Radio New Zealand: Pacific civil society groups urge NZ to support a moratorium on deep sea mining Reports UN Environment Program: HARMFUL MARINE EXTRACTIVES: DEEP-SEA MINING Training Opportunities ISA: Deep Ocean Resources Development Co., Ltd. (DORD) Videos

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This Week in Deep-sea Mining: May 31, 2022

Headlines The Week: All you need to know about Varaha-1, a seabed mining machine India is developing Reuters: G7 countries say strict environmental rules needed for deep-sea mining Eco-Business: Credit Suisse joins growing list of banks shunning deep-sea mining Mining Dot Com: The Metals Company deep-water tests polymetallic nodule collector vehicle in Atlantic Daily Beast: […]

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Nothing is Agreed Until Everything is Agreed: the Financial Model dominates the first meeting of the 27th session of the International Seabed Authority

Andrew Thaler for the DSM Observer While environmental impacts dominate the public discussion surrounding deep-sea mining, another highly contentious barrier to the implementation of a deep-sea mining code carries equal, if not greater weight within the International Seabed Authority. The financial regime, a novel payment structure which establishes the mechanism by which proceeds generated from […]

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The Metals Company and Allseas Announce Successful Deep-Water Test of Polymetallic Nodule Collector Vehicle in the Atlantic Ocean at a Depth of Nearly 2,500 Meters

Engineers successfully lowered the Allseas-designed collector vehicle to the seafloor at depths of 2,470 meters, marking the first time the vehicle had been subjected to ultra-deep-water temperatures and pressures. Engineers then subjected the vehicle to extensive testing of its various pumps and critical mobility functions, driving 1,018 meters across the seafloor. Read the full release here: The […]

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SBMA Release: Cook Islands represented at the international Cobalt Institute Webinar

The Cook Islands was recently invited to participate in the Cobalt Institute’s first webinar of the year, held virtually on 20 April 2022 and covering seabed minerals (SBM). Metals like cobalt are essential for the energy transition, with deep seabed minerals increasingly being considered as a potential source. Read the full release here: SBMA Release: […]

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