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: […]
Read More
Since August 2012, Paul Lynch has led the Cook Islands’ Seabed Minerals Authority, which oversees development of the islands’ national seabed mineral resource. A lawyer with over 25 years of wide and varied legal experience in the private sector, Commissioner Lynch is shaping deep sea mining as an industry, both in the Cook Islands and […]
Read More
The government of the Cook Islands, through the Cook Islands Investment Corporation (CIIC), entered into an agreement in September with U.S. based Ocean Minerals, LLC (OML) for the exclusive right for up to 18 months to prospect and explore high value polymetallic nodules over approximately 23,000 square kilometers of the Cook Islands Exclusive Economic Zone […]
Read More
RADIO NEW ZEALAND | 15 November 2017 “The Cook Islands’ Seabed Minerals Authority Commissioner Paul Lynch said the country’s Seabed Minerals Act ensured a careful, steady approach to any potential exploration or mining. He said the act was the world’s first, dedicated national legislation to control seabed minerals activities. Mr Lynch said criticism, based on […]
Read More
RASHNEEL KUMAR on COOK ISLANDS NEWS | 3 October 2017 “In a deal worth $100,000, OML has reserved around 23,000 square kilometres, or 1.2% of the Cook Islands Exclusive Economic Zone (EEZ) containing high value polymetallic (manganese) nodules for up to 18 months. This gives the company the exclusive right to apply to undertake prospecting […]
Read More Rarotonga, Cook Islands, September 29, 2017 – Ocean Minerals, LLC (OML) and the government of the Cook Islands, through the Cook Islands Investment Corporation (CIIC), have entered into an Agreement that will reserve approximately 23,000 square kilometres within the Cook Islands Exclusive Economic Zone (EEZ) containing high value polymetallic nodules for up to 18 months to […]
Read More