UNITED NATIONS: Governments will soon likely be able to apply for deep sea mining contracts in international waters, a plunge into the unknown that is worrying conservationists as calls for a moratorium on such digging grow.
"So it's crucial for states to be bold and implement the necessary measures to protect our ocean," she said, adding that the International Seabed Authority is entering"the most critical decision-making period in the history of its existence". With that timeframe now up, if Nauru were to apply for a contract for Naura Ocean Resources , a subsidiary of Canadian firm The Metals Company, then ISA would have to consider the request - but may not necessarily give the green light.
"The indication is quite clear that states are very reluctant and hesitant to allow mining to commence without regulations," he added.In March, the 36 member states of the ISA Council, the decision-making body on contracts, noted that commercial exploitation"should not be carried out" until the mining code was in place.
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