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    Australia Avalon Member bennycog's Avatar
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    Default bold plans to mine asteroids

    movies producers helping out the space agencies? a cover for helping out with bluebeam?

    http://finance.ninemsn.com.au/newsbu...mine-asteroids

    Heralding a new frontier of space exploitation, Planetary Resources announced plans to send a swarm of robot miners into space to prospect resource-rich chunks of rock not far from Earth.

    The firm's co-founder Peter Diamandis said he wanted to "make the resources of space available to humanity," and add trillions of dollars to global wealth in the process.

    Among the goodies to be found on near-earth asteroids are much-sought-after platinum, iron, nickel and sulfur as well as more obscure minerals that make excellent semi-conductors.

    The equipment could also harvest water, which scientists believe holds the key to building propellants that will allow deep space exploration.

    The first step will be to send a telescope into space within the next 18 to 24 months that can spot which asteroids may be useful.

    Admitting the project was "difficult," Diamandis and his colleagues tried to silence claims that it was a flight of fantasy, assembling a veritable fantasy team of investors.

    They include Google executives Larry Page and Eric Schmidt and "Titanic" filmmaker Cameron, as well as the son of one-time presidential candidate Ross Perot.

    Cameron has a long-standing interest in exploration and recently carried out a solo submarine dive to bottom of the Mariana Trench, the deepest part of the Pacific Ocean.

    It is not the first time humans dream about taping resources beyond the bounds of Earth.

    A range of visionaries from Soviet rocket scientist Konstantin Tsiolkovsky, who considered the idea in 1903 book about space exploration, to makers of the 2009 film "Moon" have imagined such a future.

    NASA has even studied whether it would be feasible to capture a small asteroid, although there are fears such technology could be weaponised.

    Scientists at the Keck Institute for Space Studies have since judged it feasible to drag a more sizeable asteroid to high lunar orbit for harvesting, but at a cost of around $2.7 billion.

    Former NASA astronaut Tom Jones, an advisor to the startup, said the firm was trying to develop a "cost-effective, production-line spacecraft that will visit near-Earth asteroids in rapid succession."

    A single 500-metre platinum-rich asteroid contains the equivalent of all the platinum group metals mined in history, according to the firm.

    More than 1,500 of the approximately 9,000 known near-Earth asteroids are as reachable as the moon in terms of how much energy it would take for the trip.

    "Our mission is not only to expand the world's resource base," said Planetary Resources chief engineer Chris Lewicki.

    "We want to increase people's access to, and understanding of, our planet and solar system by developing capable and cost-efficient systems."

    But outside experts like Jeffrey Kargel of the University of Arizona warn the project, while exciting, is "enormously difficult."

    Kargel said the first step, launching a space telescope makes sense and could be done with relative ease, but mining a returning the minerals to earth will be a formidable challenge.

    "It's not a three-year profit line," he told AFP.

    But the long-term benefits could be enormous, he added.

    He likened a low-yield haul to finding a treasure-laden shipwreck at the bottom of the ocean: beneficial to the company, but not much else.

    But Kargel said bringing larger quantities of minerals back to earth could completely transform the global economy.

    "It would be a what economists call a disruptive technology, suddenly some metals could become very cheap, meaning they people could consider using them in ways they never would have before because of the cost."

    "That is when I really get excited."

    Planetary Resources executives admit that there is a long, and as yet unpaved, road to travel.

    "There will be times when we fail. There will be times when we have to pick up the pieces and try again," said cofounder Eric Anderson.

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    Avalon Member MorningSong's Avatar
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    Default Re: bold plans to mine asteroids

    WOW! Good follow-up to this:

    http://projectavalon.net/forum4/show...084#post475084

    Thanks!
    "Be kinder than necessary because everyone you meet is fighting some kind of battle." Unknown

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    Action without vision just passes the time.
    Vision with action can change the world." Joel Arthur Barker

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    Australia Avalon Member Positive Vibe Merchant's Avatar
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    Default Re: bold plans to mine asteroids

    I think it is still really bizarre, that these people want to farm outer space, but not try to find ways to conserve what resources we have left here...
    I am the underdog, I am one of many faces,
    In a room full of people, I wouldn't change any places

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    Australia Avalon Member Cjay's Avatar
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    Default Re: bold plans to mine asteroids

    We should be "mining" our waste and recycling EVERYTHING. This would be far less expensive than mining asteroids which is just another greed scheme.

    The Earth's resources have not left the Earth, they have not been "consumed", they have been wasted/discarded - or to put it another way - scattered.

    We dig up rocks, cut down forests, suck liquids and gases out of holes in the ground, burn a lot of it, manufacture stuff with a very short life, then discard it.

    There are only three places our waste can go - in the atmosphere, on or in the ground and in the ocean.

    The two biggest problems in this are greed and laziness.
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    Australia Avalon Member bennycog's Avatar
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    Default Re: bold plans to mine asteroids

    Quote Posted by Cjay (here)
    We should be "mining" our waste and recycling EVERYTHING. This would be far less expensive than mining asteroids which is just another greed scheme.

    The Earth's resources have not left the Earth, they have not been "consumed", they have been wasted/discarded - or to put it another way - scattered.

    We dig up rocks, cut down forests, suck liquids and gases out of holes in the ground, burn a lot of it, manufacture stuff with a very short life, then discard it.

    There are only three places our waste can go - in the atmosphere, on or in the ground and in the ocean.

    The two biggest problems in this are greed and laziness.
    yes far less expensive,, but it is so much more boring for the masses that thrive on the drama created on the televisions..

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    Default Re: bold plans to mine asteroids

    A couple of things spring to mind :-

    No sooner do we venture out into space, than we start to abuse it - just like we have done to the Earth.

    Here in England in our mainstream media article about this subject, the first 2 minerals mentioned were GOLD & PLATINUM !!
    (Neither of which are in my diet).

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    oodalolly nomadguy's Avatar
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    Default Re: bold plans to mine asteroids

    I kind of like the idea better than mining the Earth, although the rocks we mine in space may not think so. And perhaps they too a part of the cosmic dance and have a significant function already. Of which if we altered it would throw things off in some way. Mining in general I think has a problem... it is NOT sustainable.
    ~ let us not forget, out of respect for ourselves ~ who we once were, and who we will be once again ~ C

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    Brazil all is well RMorgan's Avatar
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    Default Re: bold plans to mine asteroids

    Hey folks,

    What if this is all a facade?

    Maybe they are just saying this to not create panic, but actually they might be just training and preparing to blow up a big asteroid that might be heading to Earth right now.

    Cheers,

    Raf.
    The house is on fire, the fire alarm is ringing, you can smell the smoke, you can feel the heat, but somehow, refuse to get out of the bed and do anything about it; Maybe you´re just scared, maybe you believe the fire is an illusion, or maybe you´re just waiting for a miracle to save you...Eventually, you die. So, what is it worth to be "awake" if you don´t get out of the bed and do something?

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    Avalon Members Turcurulin's Avatar
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    Default Re: bold plans to mine asteroids

    Hi all!,

    I completely agree with all of you! While reading, Raf's idea came to mind immediately along with a long list of other things in the realm of "What are they going to do to us now?"! Cjay & Boja's ideas came in second, followed by Nomadguy. However, overall, This is excellent and rather exhilarating information! Bennycog, well done & stellar research! Much gratitude! Hope all goes well & this is set in place with the most positive inclinations!

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