Search results
Results from the WOW.Com Content Network
Ellis' discovery of phosphate excited John T. Arundel of the Pacific Islands Company and the company decided to pursue rights and access to Nauru's lucrative resource. The negotiations to pursue rights to the phosphate involved four parties: the British and German governments, the newly reorganised Pacific Phosphate Company, and Jaluit-Gesellschaft (a German mining company that had been ...
On 2 June 2015, an agency of Bendigo and Adelaide Bank, Australia's fifth largest bank, was established in Nauru by the Department of Finance. [ 18 ] [ 19 ] Effective from the end of April 2016, Westpac , one of Australia's largest banks, ceased to have any dealings with the Nauru government. [ 20 ]
Roughly 80% of Nauru has been decimated by strip mining. The effects of phosphate mining in Nauru have had significant negative impacts on the island's environment and economy. [1] One of the most prominent effects of the phosphate mining in Nauru is the extensive environmental degradation that has occurred as a result of the extraction of ...
The Nauru Rehabilitation Corporation is a state-owned enterprise established by the Republic of Nauru in May 1999, following the passing of the Nauru Rehabilitation Corporation Act in July 1997. Its primary mission is to rehabilitate land destroyed by the phosphate industry , both before and after its independence, making them once again ...
The tiny Pacific island nation of Nauru has notified a U.N. body of plans to start deep-sea mining, giving the International Seabed Authority (ISA) two years to complete long-running talks on ...
Nauru is a 21 km 2 (8.1 sq mi), [4] oval-shaped island in the southwestern Pacific Ocean, 55.95 km (34.77 mi) south of the Equator. [72] The island is surrounded by a fringing coral reef , which is exposed at low tide and dotted with pinnacles . [ 5 ]
On 25 June 2021, the president of Nauru, Lionel Aingimea, made a formal request to the president of the International Seabed Authority's (ISA) council to complete the adoption of rules, regulations and procedures necessary to facilitate the approval of plans of work for exploitation of deep-sea resources in the Area. [1]
BEIJING (Reuters) -A reporter from Xinhua landed in Nauru on Wednesday, the first from China's official news agency to step foot on the remote Pacific Islands nation after it ditched Taiwan for ...