In accordance with UNCLOS and the 1994 Agreement, since 2014, ISA has undertaken work to develop regulations for exploitation of mineral resources in the Area. The process, which started with preliminary work in the context of expert workshops and involved the preparation of a number of expert studies and discussion papers, culminated in the development of draft regulations considered by the Legal and Technical Commission and the Council. Open stakeholder consultations have been undertaken throughout the process.
2020
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Stakeholder Consultations on draft standards and guidelines to support the implementation of the Draft Regulations for Exploitation of mineral resources in the Area | Deadline 20 October 2020 NEW
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ISSUED 20 AUGUST 2020
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2019
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Collation of specific drafting suggestions by members of the Council
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Comments on the draft regulations on the exploitation of mineral resources in the Area
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Draft Regulations on Exploitation of Mineral Resources in the Area [ISBA/25/C/WP.1]
2018
Stakeholder Submissions on the revised draft regulations
Briefing note on the submissions on the draft regulations on the exploitation of mineral resources in the Area
February | Briefing note (ISBA/24/C/CRP.1) on the submissions to the draft regulations on exploitation of mineral resources in the Area |
June | Revised draft Regulations on Exploitation of Mineral Resources in the Area [ISBA/24/LTC/WP.1] |
July | Revised draft Regulations on Exploitation of Mineral Resources in the Area [ISBA/24/LTC/WP.1/REV.1] |
November | Stakeholder Submissions to the revised draft regulations on Exploitation of Mineral Resources in the Area Briefing note on the submissions to the draft regulations on the exploitation of mineral resources in the Area |
2017
January | Discussion Paper on the Development and drafting of regulations on exploitation for mineral resources in the Area (Environmental matters) |
August | Draft Regulations on Exploitation of Mineral Resources in the Area |
December | Stakeholder Submissions to the draft regulations on exploitation for mineral resources in the Area |
2016
February | First Working Draft of the regulations and Standard Contract Terms on Exploitation for Mineral Resources in the Area Comments on the Working Draft |
2015
March
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Developing a Regulatory Framework for Mineral Exploitations in the Area Discussion Paper on the Financial Terms of Exploitation Contracts |
July |
Revised Draft Framework and Action Plan Also in 2015, members of ISA and stakeholders were invited to comment on:
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2014
February | Developing Financial Terms for Deep Sea Mining Exploitation, Comparable study of mining industry fiscal regimes |
March | Stakeholder Survey aimed at soliciting relevant information for the development of a regulatory framework for the exploitation of minerals in the Area from members of the Authority and current and future stakeholders. |