Nautilus Minerals is set to be the first company to commercially explore the seafloor for massive sulphide systems, a potential source of highRead More
Following a comprehensive exploration period, commercial extraction of seabed minerals is set to begin soon.
Capital-intensive investments like these act to catalyse infrastructural development, whilst offering an unparalleled opportunity for economic diversification and a widening of the tax base. In addition, they generate skilled training and employment opportunities, create demand for local goods and services, precipitate further investment, and offer scope for building up national sovereign wealth funds.
The deep sea mining industry is a prime example of where government, industry, environmental groups and the scientific community are collaborating to forge and implement partnerships, projects and new development, which have the capacity to deliver prosperity to host territories in a responsible fashion. It’s potential to act as a pivotal driver of GDP growth for island states and territories cannot be overestimated.
Deputy to the Secretary-General and Legal Counsel at the International Seabed Authority, Michael Lodge, looks at the roadmap to developing a regulatory andRead More
By Paul Holthus, CEO, World Ocean Council.
Seabed mining industry leadership collaborates with other ocean industries for sustainable development.
Environmental issues are an important concern for the emerging seabed mining
Global Island News interviews Cook Islands Seabed Minerals Authority Commissioner, Paul Lynch about the DSM sector’s capacity to transform the nation’s fortunes.
With the commercial extraction of deep sea mineral resources soon to be a reality, CEO of Nautilus Minerals, Mike Johnston talked to JonathanRead More
By Alison Swaddling, Deep Sea Minerals Environment Advisor, Secretariat of the Pacific Community.
As the world’s demand for metals and rare-earth minerals increases,
Nii Odunton, Secretary-General of the International seabed Authority (ISA), outlines to Global Island News the research to date that has informed the deepRead More