Antarctica remains the only continent without commercial mining—a status protected by one of the world's most successful environmental agreements.
Antarctic Treaty (1959, entered force 1961): Signed by 12 nations, now 54 parties. Key provisions:
Madrid Protocol (1991, entered force 1998): Environmental Protocol to the Antarctic Treaty. Article 7 explicitly states: "Any activity relating to mineral resources, other than scientific research, shall be prohibited." This ban is indefinite—review only possible after 2048 with unanimous consent.
Geological surveys suggest coal, iron ore, copper, gold, platinum, and possibly oil/gas exist. But the Madrid Protocol renders them legally inaccessible. Climate change may increase accessibility—testing the treaty's durability.
Antarctica stands as a rare precedent: humanity choosing preservation over exploitation on a continental scale.