Cook Islands Seabed Minerals Authority
Runanga Takere Moana
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News & Press Releases

 
 

You can read all the latest news and updates on the Cook Islands seabed minerals sector here.

 
Posts tagged Economic Viability
Economic potential of Cook Islands polymetallic nodules ‘overstated’, suggests study

A new study suggests the economic benefits of seabed mining in the Cook Islands have been exaggerated, countering government claims that the industry will generate millions in revenue.

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Seabed mining must be ‘commercially viable’ in order to proceed: PM Brown

Prime Minister Mark Brown has acknowledged economic concerns about seabed mining, emphasising that the government will only proceed with projects that are both commercially viable and environmentally sustainable.

Brown was responding to recent cautionary remarks from Australian economist Professor Christopher Flemming regarding the Cook Islands’ plans for seabed mining.

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Seabed mining must be ‘commercially viable’ in order to proceed: PM Brown

Prime Minister Mark Brown has acknowledged economic concerns about seabed mining, emphasising that the government will only proceed with projects that are both commercially viable and environmentally sustainable.

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