Draft Exploitation Regulations

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. 

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2020

 

• 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

  • ISSUED 20 AUGUST 2020

 

2019

• Collation of specific drafting suggestions by members of the Council

• Comments on the draft regulations on the exploitation of mineral resources in the Area

• Compilation of the proposals and observations sent by members of the Council in response to Paragraphs 7 and 8 of ISBA/25/C/37

• Compilation of the proposals and observations sent by other member States of ISA, observers and stakeholders on the draft regulations in response to Paragraphs 7 and 8 of ISBA/25/C/37

• Draft Regulations on Exploitation of Mineral Resources in the Area [ISBA/25/C/WP.1]

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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	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:  The suggested framework, high level issues and draft action plan [Stakeholder Submissions] and,  The development and implementation of a payment mechanism for exploitation activities in the Area [Stakeholder Submissions].

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.