Saturday, April 21, 2012

Mining The Asteroids

Sean Connery in 1981's 'Outland,' a British thriller that takes place at a mining colony on a Jupiter moon. Warner Bros. Pictures/Courtesy Everett Collection

A Quixotic Quest to Mine Asteroids -- Wall Street Journal

A new company backed by two Google Inc. GOOG -0.54% billionaires, film director James Cameron and other space exploration proponents is aiming high in the hunt for natural resources—with mining asteroids the possible target.

The venture, called Planetary Resources Inc., revealed little in a press release this week except to say that it would "overlay two critical sectors—space exploration and natural resources—to add trillions of dollars to the global GDP" and "help ensure humanity's prosperity." The company is formally unveiling its plans at an event Tuesday in Seattle.

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My Comment: There is only one problem with this plan on mining the asteroids .... it's how will we get there.

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