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International Seabed Authority Company

  • 30.04.2008 – 19:02

    Endowment Fund Makes For Strange Seabed-Fellows

    New York (ots/PRNewswire) - Environmental, commercial mining and scientific interests in deep-sea areas may seem to be at odds, but the International Seabed Authority's Endowment Fund shows the alliance as a successful model for sustainable use of ocean resources. "Technological advancements and the rising price of minerals have created favourable economic conditions for seabed mining," said Mr. Satya Nandan, ...