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Vol 21 No 9 Sept/Oct 2016

Book of the Month

Cover of Goode on Commercial Law

Goode on Commercial Law

Edited by: Ewan McKendrick
Price: £170.00

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Sea-bed Energy and Minerals: V. 2. Sea-bed Mining

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E.D. BrownDirector of Centre for Marine Law and Policy, University of Wales, Cardiff

ISBN13: 9789041115409
ISBN: 9041115404
Published: January 2001
Publisher: Brill Academic Publishers
Format: Hardback
Price: £234.00

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This three-volume work is concerned with the rules of international law governing the exploitation of the energy and mineral resources to be found on and under the sea-bed. The purpose of the second volume is to present an analysis of the legal regime governing the exploration and exploitation of the mineral resources of the area beyond the limits of national jurisdiction, that is, the area lying seaward of the outer limit of the continental shelf. It places the United Nations regime in historical perspective by examining the forces which have shaped the compromise embodied in the UN Convention on the Law of the Sea, as modified by the 1994 Implementation Agreement, and provides a comprehensive study of the three pillars of the regime: Part XI of the Convention, with the related Resolution on pioneer activities in the Area; the Implementation Agreement; and the Mining Code adopted in July 2000. Detailed though the provisions of Part XI of the Convention and of the Implementation Agreement are, a Mining Code is required for the practical day-to-day implementation of the regime.;This text provides a detailed analysis of this Code, together with an examination of the special provision made for pioneer investors. An account is also given of the conflict which existed between the UN regime and the Reciprocating States Regime, showing how a compromise solution was facilitated by the adoption of the Implementation Agreement.

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Part 1 Introduction: introduction; the common heritage of mankind as a fundamental principle - ideology or reality? Part 2 The United Nations regime of sea-bed mining: the UN Convention regime of sea-bed mining - the principles of the regime, the basic regime for the development of the resources of the area, the mining code - exploration, the pioneer investor scheme, the UN regime versus the reciprocating states regime - a compromise solution, the institutional framework, settlement of disputes.
Part 3 Sea-bed mining and the marine environment: protection and preservation of the marine environment.