Month: January 2012
Tonga Becomes Second Developing State To Sign Contract With ISA
The International Seabed Authority and Tonga Offshore Mining Limited (TOML) today signed a 15-year contract for exploration for polymetallic nodules in an area covering 74,153 km2 in the Clarion-Clipperton Zone of the Pacific Ocean. This marine area beyond the limits of national jurisdiction is one of a number of reserved areas earmarked for developing countries such… Continue reading Tonga Becomes Second Developing State To Sign Contract With ISA
