Law and Regulation of Commercial Mining of Minerals in Outer by Ricky Lee

By Ricky Lee

This monograph addresses the criminal and coverage concerns in relation to the economic exploitation of ordinary assets in outer house. It starts by means of developing the industrial necessity and technical feasibility of house mining this day, an estimate of the monetary commitments required, via a possibility research of a advertisement mining enterprise in area, deciding on the industrial and felony dangers. This ends up in the popularity that the felony hazards needs to be minimised to allow such tasks to be financed. this can be by way of a dialogue of the rules of foreign area legislations, rather facing kingdom accountability and overseas legal responsibility, in addition to many of the concerns bobbing up from area mining actions. a lot aspect is dedicated to the research of the content material of the typical background of mankind doctrine. The monograph then makes an attempt to stability such pursuits in making a criminal and coverage compromise to create a brand new regulatory regime.

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Additional info for Law and Regulation of Commercial Mining of Minerals in Outer Space (Space Regulations Library)

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10 This resistance would be particularly strengthened when the technology for extracting and processing mineral resources in space become increasingly available, allowing for the retention of such environmentally sensitive areas to be preserved as global sanctuaries for the benefit of present and future generations of the human civilisation. 3 The Hypothesis It is clear from the foregoing discussion that the exploitation of natural resources from celestial bodies would occur inevitably as a result of a combination of different factors.

Dalfen, Andre Bissonnette, Pierre Juneau and Ivan Vlasic, International Legal Problems of Direct Satellite Broadcasting (1970) 20 U. TORONTO L. J. 314. 20 See, for example, Herbert Reis, Some Reflections on the Liability Convention for Outer Space (1978) 6 J. SP. L. 161. 12 1 Introduction and Overview on the Moon and other Celestial Bodies (the “Moon Agreement”) that the possible mineral exploitation of other celestial bodies was considered. However, even in the Moon Agreement it is quite apparent that its drafters did not anticipate the development of space mining ventures until the distant future, as Article 11 of the Moon Agreement deferred the creation of a specific intergovernmental organisation until such time as deemed necessary by the parties to the Moon Agreement when space mining activities become imminent.

SP. L. 31; and Bradford L. , paper presented at the ISRO-IISL Space Law Conference 2005, 26–29 June 2005 in Bangalore, India. 5 Exploration and Extraction Rights Despite the legal issues already encountered in the launch and transit segments of a commercial space mining venture, it is the exploration and extraction segments of the mining operation that would encounter most of the legal obstacles. In the exploration segment, ore samples will either be robotically analysed in situ or returned to the surface of the Earth for further and more detailed analysis.

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