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[Blastr]Want to be an asteroid miner? James Cameron is hiring now! - Page 3

post #21 of 34
Quote:
Originally Posted by Dronac View Post

Couldn't it vary depending on what is being mined? ....

Short answer, no.

The value and therefore economics of mining something are highly dependant on the demand for the mineral, demand is driven primarily by the use and scarcity of the mineral (eg how much mineral x is required to make y, to satisfy consumer/industry demand). Reserver minerals such as gold are slightly different as gold is also sought for its own sake as an investemnt. Any 'exotic' minerals which we don't have on earth would have no current practical application as we have never been able to develop anything to use them. To develop such an application would generally require large amounts for such a material for a comprehensive R&D program to define its usefulness. Then it would still need to be able to be 'mined' cheap enough and in large enough quantities to make whatever the end use was economically and commercially viable. Considering the current and future cost of launching something the size of a communications satellite, the economics of launching a mining operation are simply absurd.
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post #22 of 34
What is the point of developing an expensive and resource demanding space mining if we can't even start a colony on the nearest satellite? I think we should change our priorities a little. Plus we have plenty of incurable and lethal deceases which should be taken care of in the first place.
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post #23 of 34
Quote:
Originally Posted by lurker2501 View Post

What is the point of developing an expensive and resource demanding space mining if we can't even start a colony on the nearest satellite? I think we should change our priorities a little. Plus we have plenty of incurable and lethal deceases which should be taken care of in the first place.

Because there is significantly more incentive for mining.
Not only is there an industrial motive (Which will be stronger than anything) - But the technical know-how to extract, refine, and manufacture from extraplanetary bodies would be pretty important for a colony, no?
    
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post #24 of 34
If there will be any mining, refinement would have to be done outside the earth.
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post #25 of 34
Quote:
Originally Posted by Imglidinhere View Post

Or it could be the start of Weyland-Yutani... Oh god... O_O We're screwed...


lawl. Only time will tell.

let's just hope there's no aliens or something on them asteroids.
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post #26 of 34
Quote:
Originally Posted by spud84 View Post

I love the idea of this but sadly its decades off. Go and have a look at some mining information and you'll see what i mean. One truck at an open pit mine carries material that weighs more than the international space station. Mining is the business of moving massive amounts of ore to have valuable material, i'm talking millions of tonnes of ore.
When i first heard of this i thought "wow, thats amazing", since then i've started working in the mining industry an Aus and the scale of it has just made me realise that this is sadly the pipe dream of some rich guys that are into space. The economics of it are quite literally impossible with our current and near future technologies. Hate to be a kill joy, but don't bother investing in these guys just yet.


Uhh there's Iridium, Osmium, Gold, and many other metals that aren't in abundance on Earth but are widely available on Asteroids that have scientific and consumer uses. This isn't a pipe dream at all, they just need to get their ducks in a row for the initial launch and investments and then the money will start flowing like water. Weight isn't a factor in space, as there's no gravity; the scale of the equipment needed in space would be much lower than of that on Earth; just the initial start up and design might take awhile. Build a sorting base on the moon to extract pure material, and then have a shuttle come and take it back to Earth. Next time you post please get your facts straight before you start telling people not to invest in something.
post #27 of 34
Did somebody USG Ishimura?

OT: How would they mine it?
     
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post #28 of 34
Your also missing Helium 3 off that mining list, there also a number of other TYPES of elements that don't form naturally on planetoids with atmosphere.
Edited by GrimNights - 10/4/12 at 5:29am
post #29 of 34
Quote:
Originally Posted by Despair View Post

Uhh there's Iridium, Osmium, Gold, and many other metals that aren't in abundance on Earth but are widely available on Asteroids that have scientific and consumer uses. This isn't a pipe dream at all, they just need to get their ducks in a row for the initial launch and investments and then the money will start flowing like water. Weight isn't a factor in space, as there's no gravity; the scale of the equipment needed in space would be much lower than of that on Earth; just the initial start up and design might take awhile. Build a sorting base on the moon to extract pure material, and then have a shuttle come and take it back to Earth. Next time you post please get your facts straight before you start telling people not to invest in something.

Mater there is plenty of gold around on earth its just that mining a lot of it isn't really that economical, even at 1760 per Oz. Most miners are struggling to mine it at less than the $400-$600per Oz , and that's on earth in established mines. If you reckon someone can extract gold from an asteroid for less than that i'd love to hear how. Granted there is a general trend of the average size of gold discoveries declining and a decrease in the ore grades in current mines bit the cast of mining it would be just huge.

On terms of platinum group minerals, until it becomes cheaper to mine them in space than in south africa or other major producers, it just doesn't stand up to serious examination either.

This could be a possibility in 30-50+ years but there would need to be a massive change in space vehicle tech.
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Harry MkV
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post #30 of 34
Lol, sounds like a new show "Discovery channels Gold rush asteroid"
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