Asteroid Mining Mining News

Canadian space mining developer inks deal with US-based Moon Express

The companies will focus on mining exploration on the lunar surface and expect to pre-test later stage activities, such as excavation and infrastructure buildup.

Luxembourg’s mining-focused Space Agency ready to lift off

Unlike US space agency NASA, Luxembourg Space Agency (LSA) will not carry out research or launches. Its purpose is to boost exploration, mining and commercial utilization of resources extracted from near earth objects.

Scottish firm to launch UK's first asteroid mining mission

The company, which unveiled its development plans for the Asteroid Prospecting Satellite One (APS-1) last month, is hoping to raise £2.3million.

The quest to find a trillion-dollar nuclear fuel on the moon

India's equivalent of NASA will launch a rover in October to explore virgin territory on the lunar surface and determine the potential for mining a source of waste-free nuclear energy that could be worth trillions of dollars.

Planetary Resources a step closer to mining asteroids with spacecraft launch

Data obtained from the Arkyd-6 will be use in the development of the Arkyd-301, Planetary Resources next spacecraft platform and the beginning of its space resource exploration program.

Luxembourg, Japan team up to explore and mine space resources

The five-year cooperation agreement covers the exchange of information and expertise on the exploration and mining of out-of-earth resources.

Planetary Resources readies asteroid mining technology for Dec. launch

The Arkyd-6 spacecraft includes core technology that will be used in the company’s asteroid exploration program.

Luxembourg shoots for the stars with fresh space mining deal

The country's ultimate objective is to have its own space mining agency by the end of the year.

Luxembourg becomes first European country to pass space mining law

The bill, approved by a vast majority, defines the conditions companies must fulfill to get a licence for launching a space mining mission.

Even with iron ore prices diving, NASA fast tracks mission to $10,000 quadrillion asteroid

If NASA is successful in its mission to 16 Psyche, one of the most massive asteroids found between the orbits of Mars and Jupiter, humans will have a first ever chance of exploring a world made of iron, not rock or ice.

Cereal box-sized spacecraft could sample asteroids for mining potential

It may not be necessary to fire a billion-dollar spacecraft into orbit in order to find out the potential of mining asteroids.

Moon Express ready for first private lunar trip after raising another $20M

The private space exploration firm has enough money to hit the moon by the end of 2017.

Luxembourg shoots for the stars, invests $28 million in Planetary Resources

The funding, which includes direct investment and grants, aims to help the asteroid mining company launch its first commercial prospecting mission by 2020.

Mining robots key to colonizing Mars — Elon Musk

He envisions people living in big glass-carbon fiber domes on the surface, with additional areas mined out below the surface by robots for "industrial" uses.

INFOGRAPHIC: The facts and figures that make space mining real

While many still see space mining as science fiction, global recruitment expert Fircroft has compiled data that proves it feasible.

Space mining absolutely viable — NASA expert

The main challenge for mining near-Earth celestial bodies is neither technology nor cost, but simply “convincing people it is realistic,” says Dr. Phil Metzger.

NASA’s latest mission may tell us whether asteroid mining is really a go

OSIRIS-REx will collect samples from an asteroid and return them to Earth, in what it could be a pivotal step for firms currently planning to tap into the space mining business.

Asteroid miner Deep Space to launch first commercial mission by 2020

The mission's goal is to map a target asteroid, looking for deposits of water and other resources with visible and infrared cameras.

Luxembourg invests heavily in space mining

First time a country partners with privates to boost the development of the industry.

US government expected to green-light first private Moon mission

An official endorsement of such mission would pave the way for several other for-profit space ventures currently in the works.

Tutankhamun had a dagger made of iron from meteorite

Scientists say the high manufacturing quality of the blade in comparison with other simple-shaped artefacts suggests a significant mastery of iron working in the Egyptian boy king's time.

Bayer and Planetary Resources to collaborate to improve agriculture with space data

Improving agriculture with crop-specific satellite images.

Planetary Resources now has $21 million to help miners find resources… on Earth

Funds will be used to deploy and operate the firm's Earth observation program, known as Ceres.

Luxembourg aims high with asteroid mining deals

It’s home to just a half-million people, but the country is not thinking small when it comes to the future of mining.

Canadians to develop space mining tool

Deltion Innovations aims to design a drill that would prospect for water, ice and resources on the moon and beyond.