The Seabed Minerals Amendment Bill 2021 passed in Parliament on Tuesday 23 March receiving unanimous support from both Government and the Opposition. The purpose of the amendment was simple and straightforward: to make clear that only Cook Islands limited companies may apply for a seabed minerals licence or permit.
Read MoreYou can read all the latest news and updates on the Cook Islands seabed minerals sector here.
While Covid-19 appears to have given earth time to heal, some governments are reportedly using the pandemic to hurt conservation efforts across the globe.
Read MoreThere is nothing to lose by giving out a few exploratory licenses, and much to gain in terms of knowledge on whether or not to go forward to actual mining.
Read More“The Pacific Network on Globalisation says claims environmental costs would stop seabed mining in the Cook Islands would be thwarted by a lack of safeguards in the country’s laws. PANG co-ordinator Maureen Penjueli says the Cooks’ Seabed Minerals Act dates back to 2009 when deep-sea mining was believed to be low risk, high return. She said in 2017 the risks to the environment were still little understood.”
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