DEEPSEA MINING
September 1st, 2005
BY KEITH NUTHALLTHE UNITED Nations' International Seabed Authority has postponed agreement of new regulations governing how mining companies would explore and exploit deep seawaters for hauls such as polymetallic sulphide nodules and cobalt-rich crusts. These mineral resources are rich in copper, iron, zinc, silver, gold and cobalt, with the sulphides being found around volcanic areas and the crusts on oceanic ridges. Because these sites are often in international waters, the authority has been trying to agree complex regulations covering legal, business and ...
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