Cook Islands Seabed Minerals Authority
Runanga Takere Moana
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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 Manganese
Deep Sea Mining from a Pacific Island State Perspective: An Interview with Cook Islands Seabed Minerals Commissioner Paul Lynch
Deep Sea Mining from a Pacific Island State Perspective: An Interview with Cook Islands Seabed Minerals Commissioner Paul Lynch

Since August 2012, Paul Lynch has led the Cook Islands’ Seabed Minerals Authority, which oversees development of the islands’ national seabed mineral resource. A lawyer with over 25 years of wide and varied legal experience in the private sector, Commissioner Lynch is shaping deep sea mining as an industry, both in the Cook Islands and […]

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InternationalDede MingiCISBMA, Seabed Minerals Authority, Alex Herman, Paul Lynch, Clarion-Clipperton Fracture Zone (CCZ), Colbalt, Cook Islands, Rarotonga, Cook Islands Investment Corporation (CIIC), Cook Islands Marine Park - Marae Moana, Cook Islands Seabed Minerals Act of 2009, G-Tec, Global Sea Mineral Resources NV (GSR), International Seabed Authortity (ISA), Manganese, Ocean Minerals Limited, Pacific Community, Polymetallic Nodules, The Mining Code
Cook Islands Partners to Explore Pacific Bounty
Cook Islands Partners to Explore Pacific Bounty

The government of the Cook Islands, through the Cook Islands Investment Corporation (CIIC), entered into an agreement in September with U.S. based Ocean Minerals, LLC (OML) for the exclusive right for up to 18 months to prospect and explore high value polymetallic nodules over approximately 23,000 square kilometers of the Cook Islands Exclusive Economic Zone […]

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InternationalDede MingiClarion-Clipperton Fracture Zone (CCZ), Cobalt, Cook Islands, Rarotonga, Cook Islands Investment Corporation (CIIC), Cook Islands Seabed Minerals Authority, Copper, Iron, Manganese, Manganese Nodule, Nickel, Ocean Minerals Limited, Penrhyn Basin, Polymetallic Nodules, Rare Earth Minerals
Cook Islands signs seabed minerals deal
Cook Islands signs seabed minerals deal

“In a deal worth $100,000, OML has reserved around 23,000 square kilometres, or 1.2% of the Cook Islands Exclusive Economic Zone (EEZ) containing high value polymetallic (manganese) nodules for up to 18 months.

This gives the company the exclusive right to apply to undertake prospecting and exploration activities in that area. The first agreement between the government and the OML was signed a year ago in which they reserved a different seabed area of around 12,000 square kilometres to explore primarily for seafloor sediment enriched in Rare Earth Elements (REEs), as well as four additional areas reserved for OML on a first option basis.

Under this latest agreement, Finance minister Mark Brown confirmed the OML will not undertake any activity in this particular area, adding it was merely to reserve the spot for potential exploration in the future.

“It is basically to give them the first right over this (area) ahead of any other company that may want to come in and apply for an exploration licence in this particular area,” Brown said.”

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CI NEWSDede MingiCook Islands Seabed Minerals Authority, Cook Islands, Rarotonga, Ocean Minerals Limited, CI EEZ, Cook Islands Exclusive Economic Zone, Polymetallic Nodules, Manganese, nodules, Cobalt, Rare Earth Minerals, Mark Brown, Cook Islands Investment Corporation (CIIC), Seabed Minerals Act, Marae Moana Act, OML