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Showing posts with the label #precious metals

Space Quest for "Gold"

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Mining the Skies Source:  Planetary Resources Targeting Asteroids It may sound like Star Trek but some US companies, innovators and dreamers are looking skyward to a future of mining highly valuable minerals in space, along with human colonization of space.  A favorite mining target is asteroids known to be rich in high value metals like platinum. Planetary Resources Planetary Resources, based in Redmond, Washington, is an American company that has been advised by Google's Larry Page and film director James Cameron.  It's deeply involved in the world's first commercial deep space exploration mission.  It's targeting asteroid mining because the company believes that is the key first step to establishing the groundwork for human colonization of space. Satellite Probes Underway The company has launched satellite probes and has selected the most promising asteroid targets for water resources that they intend to mine. They say the first need is to unlock ...