-
Stocks extend gains, oil sinks as US, Israel, Iran press on strikes
-
Record setters Duplantis, Hodgkinson headline Torun world indoors
-
Chinese visitors to Japan plunge 45.2% in February
-
BTS light stick prices surge ahead of comeback concert
-
'Special human' Slipper to break Super Rugby appearance record
-
Brussels to unveil 'EU Inc' pan-European company status
-
Iran to hold funeral for slain security chief as it vows vengeance
-
Greenland's teenage boxers throwing punches to survive
-
TotalEnergies faces ruling in Belgian farmer climate case
-
Brazil starts to restrict minors' access to social media
-
Trespasser caught in viral hippo Moo Deng's Thai zoo pen
-
Venezuela stun USA to win politically charged World Baseball crown
-
Gilgeous-Alexander scores 40 as Thunder clinch playoff berth
-
Venezuela stun United States to win World Baseball Classic
-
Cuba vows 'unbreakable resistance' as US pressure mounts
-
Stocks extend gains and oil dips as US, Israel, Iran continue strikes
-
Iran missile fire kills two in central Israel: medics
-
Britain, Rwanda in £100m court clash over migrant deal
-
'We will wait for each one': Ukrainians greet POWs with tears and cheers
-
UN watchdog says projectile struck Iran nuclear power plant
-
Trump faces impasse over Iran war
-
US Fed expected to hold rates steady as Iran war's shockwaves ripple
-
Former Australian Test wicketkeeper Haddin to coach NSW
-
China coach says team on right track despite Asian Cup heartache
-
Oscars audience drops, viewing figures show
-
Resilient Australia 'need to be better' in Women's Asian Cup final
-
Gio Reyna picked for US squad as Pochettino says World Cup roster still 'open'
-
Colombia, Ecuador leaders clash over bomb dropped near border
-
PSG, Real Madrid and Arsenal march into Champions League last eight
-
'Incomplete' Man City not what they once were, says Guardiola
-
US judge orders Trump admin to bring VOA employees back to work
-
White House pressure on Cuba mounts as island fights power cut
-
Arteta hails 'magical' Eze after Arsenal star sinks Leverkusen
-
Senegal stripped of AFCON title, Morocco declared champions
-
Nvidia says restarting production of China-bound chips
-
Real Madrid 'change' under Champions League spotlight: Vinicius
-
Real Madrid dump Man City out of Champions League once more
-
Clinical PSG bury Chelsea to reach Champions League quarter-finals
-
Eze rocket fires Arsenal into Champions League quarters
-
US airlines still see strong demand as jet fuel worries loom
-
Milei blasts Iran on anniversary of attack on Israeli embassy
-
USS Gerald R. Ford: the world's biggest aircraft carrier
-
US, European stocks rise despite latest jump in oil prices
-
Sporting Lisbon thrash Bodo/Glimt to reach Champions League quarters
-
Irish PM pushes Trump on Iran -- politely
-
Arizona charges prediction market Kalshi with illegal election betting
-
Leftist New York mayor under pressure on Irish unity question
-
Lebanon says Israeli strikes kill three soldiers
-
Atletico boss Simeone defends Spurs star Romero
-
Iran vets friendly ships for Hormuz passage: trackers
Talks on divisive deep-sea mining resume in Jamaica
Several countries united with campaign groups Monday to call for caution in regulating the divisive practice of deep-sea mining at a meeting on the issue in Jamaica.
Members of the International Seabed Authority (ISA) are meeting in Kingston to thrash out the first mining code on deep-sea extraction that has faced accusations of imperiling marine ecosystems.
The clock is ticking because a metals company has said it will imminently submit an extraction license application, raising the prospect that their operations could go unregulated.
"We are still far away from any consensus on a final mining code," said French envoy Olivier Guyonvarch, with the latest draft text still riddled with caveats highlighting lingering disagreement.
Costa Rica's representative called for a "precautionary pause" as work continues on gathering data and establishing the legal framework.
The prospect of a pause has gained traction but is far from winning the backing of the ISA's 169 member states.
"Environmental protection, however, does not mean abandoning exploitation," countered China's representative, saying that regulations could be further tailored as mining is carried out.
- 'Planetary crisis' -
The UN Convention on the Law of the Sea gives the ISA responsibility for regulating extraction of highly coveted seabed minerals that lie outside of national marine borders.
However, it also directs the organization to protect the little-understood marine environments.
The ISA Council, which currently only awards exploration licenses, has been negotiating for more than ten years over a mining code governing nickel, cobalt and copper extraction -- key materials in the energy transition.
The painstaking talks have gained momentum since the activation of a clause allowing any company with national backing to apply for a license -- even in the absence of a code -- but several issues remain outstanding.
Though the riches of the international seabed are classified as "common heritage of mankind," African countries fear they will miss out on benefits or even see their economies suffer.
Underwater extraction must "not come at the expense of Africa's existing mining economies and their sustainable development aspirations," the continent's representative said.
Industry on the other hand has been highly critical of delays to the agreement of a code.
In a January letter to the ISA, several companies claiming to have collectively invested more than $2 billion in the development of extraction technology said they faced "escalating legal and financial risks."
Among them was Nori -- Nauru Ocean Resources Inc. -- a subsidiary of Canadian firm The Metals Company. In June, it will submit the first application for extraction of "polymetallic nodules" -- mineral deposits made up of multiple metals on the deep ocean floor.
Pacific island nation Nauru has given its official backing to Nori's application, and is pressing the ISA to agree on a mechanism for reviewing and approving applications in the absence of a mining code.
Their request has been opposed by countries such as Chile who maintain the council had agreed rules would only be drafted after such an application is submitted.
"ISA Member States need to stand firm against the unacceptable pressure by an industry that risks wreaking irreparable damage on our ocean and exacerbating the planetary crisis," Sofia Tsenikli, Deep-Sea Mining Moratorium Campaign Director at the Deep Sea Conservation Coalition (DSCC).
NGOs like the DSCC are placing hope in new ISA chief Leticia Carvalho, a Brazilian oceanographer who replaced Britain's Michael Lodge after two terms at the helm, during which he was accused of favoring industry.
While the council has set itself the goal of finalizing the mining code this year, Carvalho called Monday for negotiators to make "significant progress" by July while raising the prospect of an amended timetable.
H.Gerber--VB