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Author Topic: Asteroid Mining Venture Backed by Google Execs, James Cameron Unveiled  (Read 1501 times)

Offline 1Worldwatcher

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Planetary Resources, Inc. plans to send robotic probes out to prospect near-Earth asteroids, gauging their potential stores of water and platinum-group metals. (Planetary Resources, Inc.)

This for Zorgon... it was only a matter of time, as we have discussed where the private rich sectors would capitolize my friend!!

Quote
Platinum-group metals — ruthenium, rhodium, palladium, osmium, iridium, and platinum — are found in low concentrations on Earth and can be tough to access, which is why they're so expensive. In fact, Anderson said, they don't occur naturally in Earth's crust, having been deposited on our planet over the eons by asteroid impacts.

"We're going to go to the source," Anderson said. "The platinum-group metals are many orders of magnitude easier to access in the high-concentration platinum asteroids than they are in the Earth's crust."

Seems as if we are getting some down turn in the metalurgey areas of the stock market, eh? LOL
And it's official Zorgon:

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Planetary Resources is officially unveiling its asteroid-mining plans at 1:30 p.m. EDT (1730 GMT) Tuesday (April 24) during a news conference at Seattle's Museum of Flight.

http://news.yahoo.com/asteroid-mining-venture-backed-google-execs-james-cameron-011205183.html

Just thought you would like too know.....


"To know men is too have knowledge, to know self is to have insight."

Offline Skell

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I was wondering if anyone else noticed that article, glad I was not the only one... After doing Zorgon's test and following some of his links, I personally wondered when the private sector start to step up their game... I am a bit shocked that they are doing this so soon.

From what I understand documents like http://www.lpi.usra.edu/meetings/roundtable2004/pdf/6013.pdf and the whole company have technology that is far in advance of our own...

From my Economics class, I am being taught that people are predictable (I already knew this, but now its just more proof), therefore if they are seriously thinking about mining asteroids, that means in short that it is cheaper to go into space and mine a freaking asteroid, than to just mine the materials here. Suggesting Space technology is much cheaper than we are led to believe... anyway just my 2 cents. :)

sky otter

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yeah i saw it but i don't think any body saw my post..lol..figures ;D

http://www.thelivingmoon.com/forum/index.php?topic=1158.0

Offline 1Worldwatcher

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Hi SkyOtter,
Quote
From my Economics class, I am being taught that people are predictable (I already knew this, but now its just more proof), therefore if they are seriously thinking about mining asteroids, that means in short that it is cheaper to go into space and mine a freaking asteroid, than to just mine the materials here. Suggesting Space technology is much cheaper than we are led to believe... anyway just my 2 cents.

James Cameron has some friends with deep pockets, it is all about the Benjamin's you know. I for one understand the venture, but it will corner the market of availability and essentially cause rare earth mining operations too slowly dwindle (Not that that is a bad thing) and it would be more apathetic too our environment as mining would become obsolete with costs and availability right here on mother earth.
The thing that really gets me is that these moguls have access to such equipment for such endeavours and were or are holding out for the multitudes to evaluate the pros and con's of such a venture. I personally think it is about time, but at what cost and effects to our known immediate solar arena. Thing's like "When the rare metals are mined, does the Asteroid/meteor become a situation for easier reentry into our atmosphere?" and "If we do destroy such Asteroids/Meteoroids, what becomes of the remnants of such thing's when in earth's gravitational pull?" And lastly "What will become of the current state of affairs when someone has finally monopolized these resources for personal gain and they happen too be None sypatheticnonapethetic towards the general population for any consideration at all?" type of questions.
i have heard rumor's of such vehicles being put on the drawing table, that would be able to sustain virtually a colony of satellites, whether manned or unmanned, that would not somehow malfunction and create more of an issue with possible NEO's already designated as applicable targets?
Back in 2006, Zorgon and I had discussed this in great detail and assumed it to be a viable venture, didn't expect it too be so soon though, hell, who knows, may be a whole another part of the 2012 scenario!! LOL
If we have the tech to mine asteroids/Meteoroids, then we should be able to leave our planet at will with current technology in a manned craft as well, IMHO.
And I am sorry that this was a re-post of an earlier posted thread, I looked and didn't see it up, sorry :-[ !
"To know men is too have knowledge, to know self is to have insight."

sky otter

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hey 1ww
no probelme..there is so much here and it changes quickly..
i am truly surprized there aren't more double posts

and i totally agree it is about the cash
cheaper to send a robot into space that care for the needs of your fellow humans at work
that is if your fellow humans will work.. ;)..that's more and more a challenge
no such thing as cheap labor anymore


Offline Amaterasu

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Sky...  It turns out that there's PLENTY of cheap labor.  People like Me who would take a minimum wage if someOne would hire Us (and though the workers may get paid less in other countries, it's kinda misleading - one dollar here won't buy a loaf of bread, where in other areas it will buy a dinner for four).

And to think...  If minimum wage were HONESTLY adjusted for inflation, it would be close to $20 an hour now.
"If the universe is made of mostly Dark Energy...can We use it to run Our cars?"

"If You want peace, take the profit out of war."

 


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