Mining Code

A Glance at the Mining Code

As the International Seabed Authority (ISA) gets ready to begin its 23rd Annual Meeting this August in Kingston, it’s a noteworthy reflection point to consider the progressing state of the “Mining Code”.  “Mining Code” is the term used by the ISA to describe the entire body of rules, regulations and procedures that will regulate prospecting, […]

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financial regulations

The Rising Profile of ISA Financial Regulations

The development of Financial Regulations to address the benefit sharing aspects of the Mining Code has recently moved to the forefront of ISA business.  Per International Seabed Authority (ISA) Assembly agreement, the whole of the Mining Code cannot go into force without a financial regime in place.  In short, this means mining operations cannot begin […]

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gold miner

Why the Ocean is the Next Frontier for a Gold Miner

ZAYAN GUEDIM on EDGY LABS | 10 July 2017 “With the increasing global demand for metals and minerals, many land-based deposits are being depleted or are being exploited at an increasingly intensive pace to meet an ever-increasing demand.  Seabed contains large quantities of metals and minerals. Land-based deposits of similar composition have been exhausted on […]

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deep sea mining contracts

“Vast increase of applications for deep sea mining contracts”

MARKKU BJöRKMANN on MINING METAL NEWS | 29 June 2017 “Industry estimates that billions of tons of manganese, copper, nickel and cobalt lie on or beneath the seafloor. These metals are used in electrical generators and motors, metal alloys, batteries, paints, and many other products. “Undersea deposits of metals and rare earth elements are not […]

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biodiversity loss transparent environmetal management

Biodiversity loss from deep-sea mining will be unavoidable

DUKE UNIVERSITY | 26 June 2017 DURHAM, N.C. — Biodiversity losses from deep-sea mining are unavoidable and possibly irrevocable, an international team of 15 marine scientists, resource economists and legal scholars argue in a letter published today in the journal Nature Geoscience. The experts say the International Seabed Authority (ISA), which is responsible under the […]

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Seabed Authority

Seabed Authority seeks to project itself

ALPHEA SAUNDERS on JAMAICA OBSERVER | 25 June 2017 “The International Seabed Authority (ISA) on Friday held a public forum to promote its presence and value in Jamaica and its relevance to the region. The three-hour-long session held at The University of the West Indies, Mona Campus, was also an opportunity for several ISA contractors, […]

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polymetallic nodules

Rich deep-sea fauna on polymetallic nodules targeted for mining

Download press release By JPI OCEANS | 2 June 2017 An international group of researchers from Germany (Senckenberg am Meer), Belgium (Ghent University), France (Ifremer), and Portugal (MARE/IMAR-Azores and University of Aveiro) has published their results from a recent research campaign (SO-239, March-April 2015) onboard the new German research vessel SONNE in the Clarion-Clipperton Fracture […]

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Deep Seabed Mining

The International Seabed Authority and Deep Seabed Mining

MICHAEL LODGE in UN CHRONICLE | May 2017 “The deep ocean below 200 metres is the largest habitat for life on Earth and the most difficult to access. The sea floor, just like the terrestrial environment, is made up of mountain ranges, plateaus, volcanic peaks, canyons and vast abyssal plains. It contains most of the […]

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marine mineral resources

Marine Mineral Resources to Benefit All Including Landlocked States

ALLAFRICA | 11 May 2017 “Seabed mining experts from all over the world convened from 2 to 4 May 2017 in the capital of the landlocked state of Uganda to discuss opportunities and explore the potentials of marine mineral resources in contributing to the regional and global development goals. This groundbreaking event was a first […]

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subsea mining

Subsea mining moves closer to shore

HELMHOLTZ CENTRE FOR OCEAN RESEARCH KIEL (GEOMAR) | 9 February 2017 The demand for raw materials is rising continuously, forcing mining companies to use lower-grade ores and to explore at greater depths. This could lead to a decline in production in the coming decades. Many industrialized economies also depend on imports of metals for their […]

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