Archive | Space Mining

https://thehill.com/

The European Space Agency has partnered with ArianeGroup to study a possible mission to the moon in 2025 to test the mining of lunar regolith, according to Popular Mechanics. Part-Time Scientists, a German group and former Google Lunar XPrize contestant, will also be involved in the study.

The goal is to place a lander on the lunar surface to mine and process regolith for useful materials such as water, oxygen, metals and an isotope called helium-3, which may prove useful for fueling future fusion reactors.

Regolith, according to Universe Today, is a dust-like material that covers the lunar surface and is the result of billions of years of meteor and comet impacts. Future lunar settlers could use the regolith to build habitats for a moon base, or as the Europeans call it, a Moon Village using 3D printers and robotic assemblers. Continue Reading →

https://www.bloomberg.com/

“It seems surreal to me,” said Elon Musk, proprietor of SpaceX, and for once he was understating things.

On Tuesday, his company blasted a 230-foot rocket into orbit, returned its two side boosters to Earth for a flawlessly synchronized landing, and — with exquisite nerd flair — propelled Musk’s own Tesla Roadster toward deep space, where it’s expected to orbit the sun for hundreds of millions of years.

Surreal, yes. But it was also a triumph of private enterprise and a milestone in American spacefaring. Its true significance, in fact, may not be apparent for decades. Known as the Falcon Heavy, the new projectile has 27 engines generating 5 million pounds of thrust, making it the most powerful rocket ever built by a private company. Continue Reading →

http://www.miningweekly.com/

JOHANNESBURG (miningweekly.com) – Space mining – the mining of bodies and other worlds in outer space for minerals and other natural resources – remains within the realm of science fiction. For now.

But, during the younger years of most of the world’s current senior mining executives, personal communication devices (cellphones) were science fiction, as were a whole plethora of compact electronic and domestic devices that are today widely available, affordable and, indeed, nearly ubiquitous.

It is very likely that, within the remaining life spans of those self-same senior mining executives, space mining will become a scientific, technological, engineering and financial fact. Continue Reading →

https://www.ft.com/

Companies plotting to put robots into space need funding anchored here on Earth

Mineral extraction is going to be crucial for the survival of colonies on Mars or the moon, dreamt up and financed by the likes of entrepreneurs Elon Musk and Jeff Bezos.

But such is the prohibitive fuel economy of space travel that it is unclear when, if ever, bringing resources such as iron and platinum back to Earth will be commercially viable.

Angel Abbud-Madrid, director of the Centre for Space Resources at the Colorado School of Mines, says it would make sense only when things on Earth “become economically not affordable”. “Now it’s a race to the funding,” says Meagan Crawford, who runs Brand Delta-V, a space marketing consultancy. Continue Reading →

http://www.telegraph.co.uk/

The secret of creating gold has fascinated alchemists for thousands of years, but now scientists have finally solved the mystery. Precious metals are forged in the cataclysmic collision of neutron stars and then flung out into the universe where they eventually aggregate with other stardust into larger bodies, like planets or comets.

Previously scientists had theorised that such cosmic smashes could create the vast amount of energy needed to create gold, platinum and silver, but for the first time, they have actually recorded it happening.

On August 17, astronomers in the US picked up a signal from two neutron stars crashing together 130 million years ago, when dinosaurs still roamed the Earth. Continue Reading →

http://www.dailymail.co.uk/

Can anyone claim the red planet or natural resources on asteroids? Business leaders and legal experts say the question has become more than philosophical as a growing number of firms, often backed by capital and technology from Silicon Valley, have set their sights on the resources of outer space asteroids and Mars.

In order to avoid conflicts between competing companies and countries over outer space resources, more work needs to be done on Earth to determine who owns commodities taken from celestial bodies, analysts said.

‘There is a huge debate on whether companies can simply travel to space and extract its resources,’ said Barry Kellman, a law professor who studies space governance at DePaul University in Chicago. ‘There is no way to answer the question until someone does it,’ Kellman told the Thomson Reuters Foundation. Continue Reading →