Minerals Report - International Seabed Authority

Minerals Report - International Seabed Authority Minerals Report - International Seabed Authority

05.02.2013 Views

Part 4 REGULATORY AND PROMOTIONAL FRAMEWORKS Chapter 18 Status Report of the Data and Reporting Requirements of Namibia’s Offshore Mining Policy as it relates to Prospecting and Exploration Inge K. Zaamwani Chapter 19 Status Report on the Data and Reporting Requirements of Norway’s Offshore Licensing Policies as it relates to Petroleum Exploitation Bente Nyland Chapter 20 Status report of the Data and Reporting Requirements of Brazil’s Offshore Mining Policy as it Relates to Prospecting and Exploration Roberto Viera de Macedo and Walter Sa Leitao Chapter 21 Status Report of the Data and Reporting Requirements of Indonesia’s Offshore Mining Policy as it relates to Prospecting and Exploration Ambassador Hasjim Djalal Chapter 22 The Role of SOPAC in Promoting Exploration for Marine Mineral Resources in the Pacific Region C. Pratt, Alfred Simpson, K. Kojima and R. Koshy INTERNATIONAL SEABED AUTHORITY 762

CHAPTER 18 STATUS REPORT ON THE DATA AND REPORTING REQUIREMENTS OF NAMIBIA’S OFFSHORE MINING POLICY AS IT RELATES TO PROSPECTING AND EXPLORATION (INFORMATION AND DATA REQUIREMENTS DURING PROSPECTING AND EXPLORATION AND DEGREES OF COMPLIANCE) 1. Introduction Inge K Zaamwani, Managing Director Namdeb Diamond Corporation (Pty) Ltd., Windhoek, Namibia. Namibia is endowed with an abundance of mineral resources, being particularly well known for its history of high quality diamond mining spanning a period of over 100 years. There are several foreign companies exploiting the mineral wealth of Namibia. It is generally not Government policy to participate in the development of mineral resources and investors are therefore not required to give free equity to Government. However, of late, the trend among multinationals is to engage in “smart partnership” development of the resources with locally owned entities. Diamond exploration attracts the greatest interest and currently, the whole coastline from south to north is taken up by exclusive prospecting and mining licences for this mineral, as shown in the map below. Offshore diamond exploration started in the early 1960’s. A Texan entrepreneur, Sammy Collins of Marine Diamond Corporation, using a steam tug with a 20” airlift, first mined diamonds. Subsequently, the use of barges became more popular. The first of these was Barge 77, converted from a submarine pipe-laying rig, equipped with a 30cm airlift feeding a 30-tphrecovery plant. Today there are approximately twenty-three (23) exploration and mining vessels operating in the territorial sea and the Exclusive Economic Zone (EEZ) of Namibia. The bulk of these vessels operate at depths in excess of 200 m and eight belong to De Beers Marine, working under contract for Namibia’s premier diamond mining company, Namdeb Diamond Corporation, while three belong to the NASDAQ – listed company NAMCO. The Government of the Republic of Namibia and De Beers Centenary jointly INTERNATIONAL SEABED AUTHORITY 763

Part 4<br />

REGULATORY AND PROMOTIONAL FRAMEWORKS<br />

Chapter 18 Status <strong>Report</strong> of the Data and <strong>Report</strong>ing Requirements of<br />

Namibia’s Offshore Mining Policy as it relates to Prospecting<br />

and Exploration<br />

Inge K. Zaamwani<br />

Chapter 19 Status <strong>Report</strong> on the Data and <strong>Report</strong>ing Requirements of<br />

Norway’s Offshore Licensing Policies as it relates to<br />

Petroleum Exploitation<br />

Bente Nyland<br />

Chapter 20 Status report of the Data and <strong>Report</strong>ing Requirements of<br />

Brazil’s Offshore Mining Policy as it Relates to Prospecting<br />

and Exploration<br />

Roberto Viera de Macedo and Walter Sa Leitao<br />

Chapter 21 Status <strong>Report</strong> of the Data and <strong>Report</strong>ing Requirements of<br />

Indonesia’s Offshore Mining Policy as it relates to<br />

Prospecting and Exploration<br />

Ambassador Hasjim Djalal<br />

Chapter 22 The Role of SOPAC in Promoting Exploration for Marine<br />

Mineral Resources in the Pacific Region<br />

C. Pratt, Alfred Simpson, K. Kojima and R. Koshy<br />

INTERNATIONAL SEABED AUTHORITY 762

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