News & Announcements

ISA Issues Discussion Paper on the Development of Financial Terms for Exploitation in the Area
JAMAICA, Kingston (31 March 2015) -- The International Seabed Authority today issued a Discussion Paper aimed at the development and implementation of a payment mechanism for exploitation activities in the Area. The Paper sets out the main objectives and principles relevant to the development of rules, regulations and procedures in connection with a payment mechanism under...

African States Encouraged to Participate in all Aspects of the Work of the Authority
JAMAICA, Kingston  (18 March 2015) - -  African States were encouraged to make all possible efforts to overcome constraints to participate in the sessions of the Authority to ensure the voices of Africa were properly heard and interests properly safeguarded and promoted.  Speaking at the Seminar on Exploration and Exploitation of Deep Seabed Minerals...

Seabed Authority Issues Draft Framework for the Regulation of Exploitation Activities
JAMAICA, Kingston (13 March 2015) - - The International Seabed Authority today issued a Report by the Legal and Technical Commission to Members of the Authority and all stakeholders in response to the Council’s request at its 20th Session to make available a draft framework for the regulation of exploitation, following the Commission’s February 2015 meeting (see ISBA/20/C/31,...

ISA and the Ministry of Natural Resources and Environment of the Russian Federation Sign Exploration Contract for Cobalt-Rich Ferromanganese Crusts
JAMAICA, Kingston (10 March 2015) - - The International Seabed Authority and the Ministry of Natural Resources and Environment of the Russian Federation have signed a 15-year contract for exploration for cobalt-rich ferromanganese crusts within the Magellan Mountains in the Pacific Ocean. The contract was signed today, 10 March 2015, in New York by the Deputy to the...

ISA Selects Candidates for COMRA Training Programme
JAMAICA, Kingston (6 March 2015) - - The ISA/China Ocean Mineral Resources Research and Development Association (COMRA) recently selected four candidates from developing countries for its contractor training programme. According to the programme, COMRA will provide on-land training opportunities for four trainees from developing countries in 2015, with two trainees for...

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