International Seabed Authority

The "Mining Code" refers to the whole of the comprehensive set of rules, regulations and procedures issued by the International Seabed Authority to regulate prospecting, exploration and exploitation of marine minerals in the international seabed Area (defined as the seabed and subsoil beyond the limits of national jurisdiction).

All rules, regulations and procedures are issued within a general legal framework established by the 1982 United Nations Convention on the Law of the Sea and its 1994 Implementing Agreement relating to deep seabed mining.

The Mining Code is not yet complete. To date, the Authority has issued Regulations on Prospecting and Exploration for Polymetallic Nodules in the Area (adopted 13 July 2000). These regulations include the forms necessary to apply for exploration rights as well as standard terms of exploration contracts. The Authority is currently working on additional regulations on prospecting and exploration for cobalt-rich crusts and polymetallic sulphides. These will all form part of the Mining Code. In addition, the Authority’s Legal and Technical Commission has issued recommendations for the guidance of contractors on the assessment of the environmental impacts of exploration for polymetallic nodules.