JAMAICA TO ADVANCE LEGISLATION RELATED TO SEABED EXPLORATION

Source: http://rjrnewsonline.com/local/jamaica-to-advance-legislation-related-to-seabed-exploration

Prime Minister Andrew Holness, says Jamaica is advancing legislation that will ensure compliance with international rules and best environmental practices in relation to exploration in the seabed area.

Jamaica recently signed an agreement as a sponsoring State for an application for deep seabed exploration.

The Prime Minister sought to give that assurance this week while speaking at the 25th Anniversary Commemorative Session of  the Assembly of  the International Seabed Authority at the Jamaica Conference Centre.

A release from the Ministry of  Foreign Affairs earlier this year said, under the agreement, the Government and Blue Minerals Jamaica would file an application with the International Seabed Authority for an Exploration Licence for Polymetallic Nodules in international waters.

Blue Minerals Jamaica’s activities are focused on the collection of  Polymetallic Nodules containing high concentrations of  Nickel, Copper, Cobalt and Manganese.

Nodules are lying on the surface of  the seabed and are harvested by a collector through hydraulic suction.

The Prime Minister said the Government is also encouraged with the work that is being undertaken on the Enterprise, which is the commercial arm of  the International Seabed Authority.

It is empowered to conduct its own seabed mining, initially through joint ventures with other entities.

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