Over the last several years interest in deep sea mineral resources has revived as a result of an increase in demand for metal and in metal prices; a decline in the grade and tonnage of land-based mineral deposits; and advances in seabed mining technology. In April 2014, an agreement was reached between Canadian mining company, Nautilus Minerals, Inc. and Papua New Guinea (PNG) to open the first mine in the deep ocean of the PNG continental shelf. Nautilus hopes to be the first to prove the deep seabed mining concept and technology. Meanwhile, in Trans-Tasman Resources Ltd Marine Consent Decision, the New Zealand EPA refused to grant a “marine consent” to mine the seabed of the New Zealand continental shelf because it was not satisfied that the “life supporting capacity of the environment would be safeguarded”. Further, a number of Pacific Island states have passed progressive legislative frameworks for deep seabed mining and are actively seeking partners. As of July 2014, the International Seabed Authority has approved 26 contracts for the exploration of mineral resources in "The Area”, the ocean space beyond national jurisdiction. Given these on-going developments, the time is ripe to consider the adequacy of the legal framework and challenges posed by deep seabed mining.
ASIL's International Environmental Law and Law of the Sea Interest Groups and the ABA Section of International Law International Environmental Law Committee invite you to bring your lunch and discuss these issues.
Date and Location
The Stimson Center
1211 Connecticut Avenue NW
Washington, DC 20036
Contact ASIL Services at 202-939-6001 or email@example.com.