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Everything you need to know about James Cameron's asteroid mining
Blastr.com ^ | 04/24/12 | DVICE Staff

Posted on 04/24/2012 5:15:46 PM PDT by KevinDavis

Planetary Resources just wrapped up a press conference in Seattle, officially announcing both its existence and its ambitious plan to mine near-Earth asteroids. We were listening in live, and here's everything you need to know about how this asteroid mining plan is going to work and when it's going to happen.

Essentially, Planetary Resources is looking to send spacecraft to mine near-Earth asteroids for resources ranging from precious metals (like platinum) to water. The company has assembled a team of engineers and visionaries with a large helping of financial support from the likes of Larry Page and James Cameron, and today they went public with their vision for the future of harvesting resources from space.

(Excerpt) Read more at blastr.com ...


TOPICS: Business/Economy; Miscellaneous
KEYWORDS: space
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To: rottndog
In the video, it looks like they are planning to build a small version of this
21 posted on 04/24/2012 7:41:36 PM PDT by Selene
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To: KevinDavis

I can hardly wait to see how the enviro wackos explain their inevitable opposition to this.


22 posted on 04/24/2012 8:12:34 PM PDT by Avid Coug
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To: KevinDavis
I'm absolutely AMAZED at how short-sighted MANY freepers are.

It's not doable in my lifetime so I don't think we should do it. Sheesh. What a concept.

23 posted on 04/24/2012 10:30:36 PM PDT by HeartlandOfAmerica ("We have prepared for the unbeliever, whips and chains and blazing fires!" Koran Sura 76:4)
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To: KevinDavis

seachin’ the belt for that big blue woman eh, Jimmy?


24 posted on 04/25/2012 3:45:27 AM PDT by Vaquero (Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you.)
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To: Selene
In the video, it looks like they are planning to build a small version of this

DON'T YOU THINK I KNOW THAT????


25 posted on 04/25/2012 3:58:59 AM PDT by Vaquero (Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you.)
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To: KevinDavis
In space, a single platinum-rich 500 meter wide asteroid contains about 174 times the yearly world output of platinum, and 1.5 times the known world-reserves of platinum group metals (ruthenium, rhodium, palladium, osmium, iridium, and platinum). This amount is enough to fill a basketball court to four times the height of the rim. By contrast, all of the platinum group metals mined to date in history would not reach waist-high on that same basketball court.

Wonder what they think will happen to the price of these "rare" minerals when they suddenly become common.

26 posted on 04/25/2012 5:31:53 AM PDT by Sherman Logan
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To: KevinDavis
These investors are the people who the liberals foolishly want to tax into servitude.

That way only government could hope to finance space exploration.

27 posted on 04/25/2012 6:49:50 AM PDT by BenLurkin (This is not a statement of fact. It is either opinion or satire; or both)
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To: Da Coyote
Cameron is not the sharpest knife in the drawer.

He doesn't have to be. He just has to have deep pockets.

28 posted on 04/25/2012 12:43:07 PM PDT by hattend (Firearms and ammunition...the only growing industries under the Obama regime.)
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To: Vaquero

lol!!!


29 posted on 04/27/2012 3:08:53 PM PDT by Selene
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