ISA SEABED MINING PROGRESS ON GLOBAL REGULATIONS
September 1st, 2006
BY ALAN OSBORN
The International Seabed Authority (ISA) has made limited progress towards agreeing new regulations laying down how mining companies could explore and exploit deep seawaters for valuable deposits 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. But because the sites are often in international waters, ISA has been trying in vain for some years now to agree what would be ...
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