The race for minerals in the seabed in the Pacific including Fiji is well underway. Leading the race in Fiji is Nautilus company an Australian-dominated but listed on the Toronto Stock Exchange and now leading the charge in the Pacific.
The Nautilus official website confirms that it holds more than 370,000 square km of licences and exploration applications in Papua New Guinea, Fiji, Tonga, the Solomon Islands and New Zealand along the western Pacific Ocean's Rim of Fire.
However surfacing in the debate or race for minerals is the United Nations law of the sea convention regarding boundaries for three countries and the fact that Fiji, Tonga and New Zealand share Minerva Reef to the South of Fiji as a common boundary mark.
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See Also: Thanks to Mines and Communities
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