Cook Islands Seabed Minerals Authority
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News & Press Releases

 
 

You can read all the latest news and updates on the Cook Islands seabed minerals sector here.

 
Posts tagged Economic Development
Cook Islands seeking New Zealand expertise for Sovereign Wealth Fund
Cook Islands seeking New Zealand expertise for Sovereign Wealth Fund

The Cook Islands government has taken further steps towards establishing a Sovereign Wealth Fund (SWF), with officials currently in New Zealand holding discussions with financial experts, Prime Minister Mark Brown told Parliament this week.

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CI NEWSDede MingiCook Islands, Sovereign Wealth Fund (SWF), Seabed Mining, Economic Development, Financial Management, Natural Resource Wealth, Mineral Revenues, Long-Term Investment, Goverment Policy, National Security, Cybersecurity, Cook Islands-New Zealand Relations, New Zealand Reserve Bank, Adrian Orr, Ministry of Finance and Economic Management (MFEM), Economic Resilience, Public Consultations, Infrastructure Investment, Resouce Management, Norway Sovereign Wealth Fund Model, Nauru and Australia Minerals Funds, Pacific Financial Strategies, Future Planning, Fiscal Responsibility, Community Engagement, Government Transparency
Thomas Wynne: What does China want from Cook Islands?
Thomas Wynne: What does China want from Cook Islands?

There is a question that rests heavily on my heart – one that goes beyond politics and economics, writes Thomas Tarurongo Wynne.

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CI NEWSDede MingiCook Islands, Seabed Mining, Manganese Nodule, Deep-Sea Mining, China Relations, Pacific Geopolitics, Trade Agreements, Resource Management, Sovereignty and Self-Determination, Economic Development, Foreign Investments, Trust and Governance, Cook Islands Politics, Cultural Values, Pacific Partnerships
Seabed mining must be ‘commercially viable’ in order to proceed: PM Brown
Seabed mining must be ‘commercially viable’ in order to proceed: PM Brown

Prime Minister Mark Brown has acknowledged economic concerns about seabed mining, emphasising that the government will only proceed with projects that are both commercially viable and environmentally sustainable.

Brown was responding to recent cautionary remarks from Australian economist Professor Christopher Flemming regarding the Cook Islands’ plans for seabed mining.

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CI NEWSDede MingiSeabed Mining, Minerals Harvesting, Cook Islands, Prime Minister Mark Brown, Economic Viability, Environmental Sustainability, Deep Sea Mining, Polymetallic Nodules, Cobalt Mining, Nickel Mining, Manganese Resources, Electric Vehicle Batteries, Mining Technology, Economic Development, Sustainable Resources, Commercial Viability, Natural Resouces, Mining Policy, Environmental Concerns, Pacific Islands Economy, Deep Ocean Exploration
Letter: Can seabed mining fund a better future?
Letter: Can seabed mining fund a better future?

Dear Editor, More detail is required on where the marine mining windfall money will be spent.

I think a better case should have been made by the Government in explaining specifically, and in detail, where the windfall money from marine mining will be spent. The report could be set out showing where the money will be spent relative to the income earned from the mining in a graduated scale, say $100 million, $200m, $300m per annum, etc.

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Letter to the editorDede MingiSeabed Mining, Cook Islands, Marine Mining Revenue, Government Transparency, Public Spending, Healthcare Funding, Hospital Conditions, Nurses Wellbeing, Police Reform, Education Funding, Public Consultation, Economic Development, Sustainable Resources, Community Wellbeing, Shift Work Challenges, Village Policing, Environmental Concerns, Seabed Resources, Natural Disasters, Public Accountability
PM clarifies use of NGO logos in seabed mining consultation
PM clarifies use of NGO logos in seabed mining consultation

Prime Minister Mark Brown has responded to concerns raised by two environmental groups, Te Ipukarea Society (TIS) and Korero o te Orau, regarding the government’s recent seabed mining consultation in New Zealand.

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CI NEWSDede MingiSeabed Mining, Cook Islands, Prime Minister Mark Brown, Environmental Concerns, Te Ipukarea Society, Korero o te Orau, SBMA, Marine Conservation, Stakeholder Engagement, NGO Involvement, Sustainable Development, Environmental Protection, Pacific Islands, Economic Development, Scientific Research, Public Consultation, Sebed Resources, Policy Debate, Climate Action, Ocean Governance