Minerals Report - International Seabed Authority
Minerals Report - International Seabed Authority Minerals Report - International Seabed Authority
commercial. Since confidentiality of data and information differs depending on whether the activity is marine scientific research or exploration, it was asked how the acquired data and information would be treated. Indicating that he was not in a position to address these issues, Dr. Herzig asked Mr. Julian Malnic, the Chief Executive Officer of Nautilus Minerals and Mr James Wanjik, Acting Director of Papua New Guinea’s Department of Mining for any light that they could shed on the matter. For his part, Mr. Malnic said that the position of Nautilus Minerals has always been clear. He said that since the company’s creation is the result of marine scientific research, nothing that it does should sterilize the activity of researchers. He said that the company got in touch with a few such marine scientific researching organisations and following a short meeting with the ODP, an agreement was reached as to how results would be handled. He pointed out that if Nautilus Minerals were a public company the arrangements would have had to be different. It was pointed out that while the disadvantage to Nautilus Minerals might be that the data acquired would be published, Nautilus would benefit because the drilling done free of cost. Mr. Malnic said that while drilling would be free of cost, it would not take place at the locations in the deposit that the company felt was needed to for resource evaluation. Mr. Wanjik said that under the arrangements with the ODP, the information sought by researchers would have been provided to the Government of Papua New Guinea. Whether or not Nautilus Minerals or any other potential investor has a license or not, Mr. Wanjik said that any other potential investor in this particular area would be entitled to that information through the government agency concerned. He also said that since the license to Nautilus was issued, JAMSTEC of Japan and IFREMER of France have conducted cruises through the area. He commented that he did not understand why the ODP drilling project should be construed as a problem Another participant said that in a recent cruise by the Metal Mining Agency of Japan (MMAJ), scientists tried to use a portable drill. This participant said that for technical reasons it did not work. Dr. Herzig was INTERNATIONAL SEABED AUTHORITY 330
asked how soon he expected reliable portable drills to be made available to researchers and explorers. Dr. Herzig observed that under the circumstances where the cost of the JOIDES RESOLUTION is US$180,000.00 per day, portable drills are indeed a big issue that need to be urgently addressed. INTERNATIONAL SEABED AUTHORITY 331
- Page 288 and 289: Figure 3 Major components of a gene
- Page 290 and 291: the mussel's nutrition. When experi
- Page 292 and 293: Reasons for this do not appear to b
- Page 294 and 295: egions, one study pointed out that
- Page 296 and 297: very widespread, supporting microbi
- Page 298 and 299: Studies of the rapid colonisation o
- Page 300 and 301: y mining, which is expected to be v
- Page 302 and 303: 2. J. B. Corliss, J. Dymond, L. Gor
- Page 304 and 305: 19. V. Tunnicliffe, A.G. McArthur a
- Page 306 and 307: SUMMARY OF THE PRESENTATION AND DIS
- Page 308 and 309: together with mucus that is secrete
- Page 310 and 311: close to neutral ph conditions, it
- Page 312 and 313: France, Germany, the United Kingdom
- Page 314 and 315: of the sedimentary column, whereas
- Page 316 and 317: Table 2: Research Submersibles and
- Page 318 and 319: 4. Technical Requirements For resea
- Page 320 and 321: 5. Processing Technologies The phys
- Page 322 and 323: grow on substrate rocks because of
- Page 324 and 325: 5. M.D. Hannington, A.G. Galley, P.
- Page 326 and 327: Dr. Herzig informed participants th
- Page 328 and 329: search for sites of hydrothermal ve
- Page 330 and 331: with such a grab. In addition to th
- Page 332 and 333: Remotely operated vehicles (ROVs) D
- Page 334 and 335: equired to make sure that the ship
- Page 336 and 337: Dr. Herzig summarized the technical
- Page 340 and 341: CHAPTER 8 FACTORS IN FINANCING EXPL
- Page 342 and 343: The traditional project stages that
- Page 344 and 345: there is a subset that forms in spe
- Page 346 and 347: of competing for the attention of i
- Page 348 and 349: 7. Why SMS Mines will be Lower Cost
- Page 350 and 351: 8. Modelling SMS mining offers scop
- Page 352 and 353: Because exhalative SMS deposits are
- Page 354 and 355: SUMMARY OF THE PRESENTATION AND DIS
- Page 356 and 357: flow to the metal markets. He also
- Page 358 and 359: shortage in the next couple of year
- Page 360 and 361: starts, the operation could take pl
- Page 362 and 363: Based on this and other considerati
- Page 364 and 365: Mr. Malnic said that the mining ope
- Page 366 and 367: and silver. Except for volcanically
- Page 368 and 369: 2.2. Major Features of the Draft Of
- Page 370 and 371: As a general principle the fiscal p
- Page 372 and 373: I think the issue is not as simple
- Page 374 and 375: Table 3: Data and information requi
- Page 376 and 377: former case a reminder notice is se
- Page 378 and 379: 6. Elisabeth Mann Borgese, Ocean Go
- Page 380 and 381: longer an area is held, more inform
- Page 382 and 383: from the deep sea. One group of enz
- Page 384 and 385: CHAPTER 10 NATIONAL AND INTERNATION
- Page 386 and 387: times greater than atmospheric pres
commercial. Since confidentiality of data and information differs depending<br />
on whether the activity is marine scientific research or exploration, it was<br />
asked how the acquired data and information would be treated.<br />
Indicating that he was not in a position to address these issues, Dr.<br />
Herzig asked Mr. Julian Malnic, the Chief Executive Officer of Nautilus<br />
<strong>Minerals</strong> and Mr James Wanjik, Acting Director of Papua New Guinea’s<br />
Department of Mining for any light that they could shed on the matter.<br />
For his part, Mr. Malnic said that the position of Nautilus <strong>Minerals</strong> has<br />
always been clear. He said that since the company’s creation is the result of<br />
marine scientific research, nothing that it does should sterilize the activity of<br />
researchers. He said that the company got in touch with a few such marine<br />
scientific researching organisations and following a short meeting with the<br />
ODP, an agreement was reached as to how results would be handled. He<br />
pointed out that if Nautilus <strong>Minerals</strong> were a public company the<br />
arrangements would have had to be different.<br />
It was pointed out that while the disadvantage to Nautilus <strong>Minerals</strong><br />
might be that the data acquired would be published, Nautilus would benefit<br />
because the drilling done free of cost. Mr. Malnic said that while drilling<br />
would be free of cost, it would not take place at the locations in the deposit<br />
that the company felt was needed to for resource evaluation.<br />
Mr. Wanjik said that under the arrangements with the ODP, the<br />
information sought by researchers would have been provided to the<br />
Government of Papua New Guinea. Whether or not Nautilus <strong>Minerals</strong> or any<br />
other potential investor has a license or not, Mr. Wanjik said that any other<br />
potential investor in this particular area would be entitled to that information<br />
through the government agency concerned. He also said that since the license<br />
to Nautilus was issued, JAMSTEC of Japan and IFREMER of France have<br />
conducted cruises through the area. He commented that he did not<br />
understand why the ODP drilling project should be construed as a problem<br />
Another participant said that in a recent cruise by the Metal Mining<br />
Agency of Japan (MMAJ), scientists tried to use a portable drill. This<br />
participant said that for technical reasons it did not work. Dr. Herzig was<br />
INTERNATIONAL SEABED AUTHORITY 330
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