Mining

18 July, 2022

For immediate release – 18.7.22

The Deep Sea Conservation Coalition calls on member States of the International Seabed Authority to agree on a moratorium on the emerging destructive deep-sea mining industry as negotiations begin this week in Kingston, Jamaica.

Momentum for a moratorium on deep-sea mining continues to skyrocket globally as the International Seabed Authority (ISA), the body charged with regulating the nascent industry, continues the rush to mine the deep. The Authority’s Council and Assembly will meet from 18th July – 5th August. Central to their agenda is advancing a set of regulations that, if adopted, could see commercial deep-sea mining begin in as little as a year’s time.

Continue reading The rush to mine the deep continues as global backlash builds

6 July, 2022

Author: Natasha Donn

Source: Portugal Resident

“Deep-sea mining is not a question we can ask today because it is completely out of the question in the coming decades”, said the Minister of Economy & Sea for Portugal, António Costa Silva, “We don’t know very well how the sea works. We know 5% of the sea. We need to know the dynamics of the oceans first”.

The minister was in the Azores, having had a meeting with the regional government to discuss, among other things, the creation of an Atlantic University in the archipelago, “to attract international researchers”.

Read the article in full here.

1 July, 2022

MEDIA REACTION

For Immediate Release 1.7.22

As resistance to the emerging destructive deep-sea mining industry continues to skyrocket in Lisbon this week at the UN Ocean Conference, French President Emmanuel Macron has called for a stop to mining in the high seas.

Speaking at an official conference side event held at the Lisbon Oceanarium, President Macron stated: “We have to create the legal framework to stop high seas mining and not to allow new activities that endanger ecosystems.”

Continue reading EMMANUEL MACRON CALLS FOR A STOP TO DEEP-SEA MINING AT UN OCEAN CONFERENCE

30 June, 2022

Today, would-be miners, The Metals Company, submitted an updated registration statement to the U.S. Securities and Exchange Commission (SEC).

Businesses are obliged by law to present an honest summary of the potential risks for investors and if businesses are found to have withheld information on the financial risks of their enterprise, they may face legal consequences.

Continue reading Risks of deep-sea mining outlined in a prospective mining company’s latest U.S. Securities and Exchange Commission filing

20 June, 2022

During the meeting of States Parties to the United Nations Convention on the Law of the Sea from 13-17 June at UN headquarters in New York, the government of Chile called for a 15 year moratorium on adopting regulations that would open the deep-sea in the international areas of the oceans to large-scale deep-sea mining.  


The international Seabed Authority (ISA) is currently engaged in an accelerated process of negotiating regulations to allow deep-sea mining with a view to finalizing and adopted the regulations by July 2023. Chile has called on the 167 countries that are members of the ISA to agree to extend this ‘deadline’ to adopt regulations for another 15 years. 

Continue reading Chile calls for a moratorium on deep-sea mining

20 June, 2022

PRESS ADVISORY

The Deep Sea Conservation Coalition (DSCC) and the Deep Sea Mining Campaign (DSMC) are calling on the International Seabed Authority (ISA) not to follow prospective deep-sea miners, The Metals Company (TMC), into the abyss as the company’s shares plummet towards $1 and momentum for a halt to the industry builds. An earlier seabed mining company, Nautilus, previously went into liquidation.  

Continue reading PROSPECTIVE DEEP-SEA MINERS SEE STOCKS PLUMMET AS BACKLASH SURROUNDING THE DESTRUCTIVE INDUSTRY GROWS