Investors eager to get the new industry off the ground willing to finance projects that can secure the availability of the key element.
The scientists have been working at the one-of-a-kind laboratory located at the bottom of what was once North America's deepest gold mine.
Together with Saturn, these planets may be massive diamond mines say researchers.
First set of key findings to be released next week.
Space rock assumed to have originated from a meteor that injured more than 1,000 people in February.
US Government-backed scientists aimed to build an emergency communications system based on copper wires around our planet.
UK researchers went through a list of 9,000 near-Earth celestial bodies.
"The mission will develop important technologies for asteroid exploration that will benefit anyone interested in exploring or mining asteroids, whether it's NASA or a private company."
The point from which the meteors appear lies in the Perseus constellation.
In partnership with two leading groups, the Search for Extraterrestrial Intelligence (SETI) Institute and the Space Tourism Society
Planetary Resources is now going for $2 million and has created new incentives to lure backers.
Peter Marquez, former director of space policy under US Presidents George W. Bush and Barack Obama, is Planetary Resources’s new vice president for global engagement.
Promises 'a telescope for everyone.'
The first music video from space.
The group has installed a 350 kg liquid xenon time-projection chamber, which aims to directly detect galactic dark matter in an underground laboratory, built 1.6 km below the surface.
Geologists believe that asteroids hold iron ore, nickel and precious metals at much higher concentrations than those found on Earth.
Size of a suitcase and cost C$12 million to build
The 5 most interesting ways we are exploring for mineral wealth.
The bits are in high demand by wealthy collectors willing to pay about $17 for a 2 cm piece.
Planetary Resources says it has already developed the prototype for a spacecraft that can help detect and characterize potentially hazardous asteroids.
Planetary Resources needs prospectors – preferably by Friday when 130,000 tonnes of rock will narrowly miss earth.
Rare earth elements seem to be everywhere these days: wind turbines, hybrid cars, night-vision goggles, weapons and, most importantly, smartphones.
VIDEO: Companies prepare for galactic exploration and need to raise billions of dollars to get there.
Deep Space Industries launches new company with missions planned by 2015.
Get Mining News and Alerts
sent to your inbox daily