Draft Exploitation Regulations

In accordance with UNCLOS and the 1994 Agreement, since 2014, ISA has undertaken work to develop regulations for exploitation of mineral resources in the Area. The process, which started with preliminary work in the context of expert workshops and involved the preparation of a number of expert studies and discussion papers, culminated in the development of draft regulations considered by the Legal and Technical Commission and the Council. Open stakeholder consultations have been undertaken throughout the process. 


2020

  •   Call for Proposals for a Consultancy to undertake a study on remote monitoring systems in the context of exploitation of mineral resources in the Area
    • ISSUED 28 FEBRUARY 2020
  •   Call for Proposals for a study on an environmental compensation fund in the context of exploitation of minerals in the Area. Extended to 26 March 2020.
    • ISSUED 5 FEBRUARY 2020

2019


Roadmap for the delivery of draft exploitation regulations and further development of the regulatory framework, including Standards and Guidelines: 2019-July 2020


2018

Stakeholder Submissions on the revised draft regulations

Briefing note on the submissions on the draft regulations on the exploitation of mineral resources in the Area

February Briefing note (ISBA/24/C/CRP.1) on the submissions to the draft regulations on exploitation of mineral resources in the Area 
June Revised draft Regulations on Exploitation of Mineral Resources in the Area  [ISBA/24/LTC/WP.1]
July Revised draft Regulations on Exploitation of Mineral Resources in the Area [ISBA/24/LTC/WP.1/REV.1]
November Stakeholder Submissions to the revised draft regulations on Exploitation of Mineral Resources in the Area
Briefing note on the submissions to the draft regulations on the exploitation of mineral resources in the Area

2017

January Discussion Paper on the Development and drafting of regulations on exploitation for mineral resources in the Area (Environmental matters)
August Draft Regulations on Exploitation of Mineral Resources in the Area 
December Stakeholder Submissions to the draft regulations on exploitation for mineral resources in the Area 

2016

February First Working Draft of the regulations and Standard Contract Terms on Exploitation for Mineral Resources in the Area 
Comments on the Working Draft

2015

March

 

Developing a Regulatory Framework for Mineral Exploitations in the Area
Discussion Paper on the Financial Terms of Exploitation Contracts
July

Revised Draft Framework and Action Plan

Also in 2015, members of ISA and stakeholders were invited to comment on:

  1.  The suggested framework, high level issues and draft action plan [Stakeholder Submissions] and,

  2.  The development and implementation of a payment mechanism for exploitation activities in the Area [Stakeholder Submissions]. 

2014

February Developing Financial Terms for Deep Sea Mining Exploitation, Comparable study of mining industry fiscal regimes
March  Stakeholder Survey aimed at soliciting relevant information for the development of a regulatory framework for the exploitation of minerals in the Area from members of the Authority and current and future stakeholders.