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[Blastr]Want to be an asteroid miner? James Cameron is hiring now! - Page 4

post #31 of 34
There's no safer occupation than mining, especially when perched on an asteroid whipping through space.

Safe.
post #32 of 34
Mining asteroids is THE future. The costs of escaping gravity are proibitive. Mining them would allow a off-planet change to craft and produce materials, for example, space station expanding and so on. The X universe is a good example of the idea. I think maybe James Cameron played X3 Terran Conflict and got into this... lol
post #33 of 34
James Cameron is raising the bar all the way into outer space??!!!

THROTTLE DOWN


Edited by Foolsmasher - 10/5/12 at 2:23pm
post #34 of 34
Quote:
Originally Posted by spud84 View Post

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.

If you read the link in the source about the plans they have, you are correct about the space vehicle technology. They make 2 conservative assumptions, and the 3rd assumption is that the commercialization of space travel will reduce launch costs by a factor of 100 (!!!). Sounds reasonable in the future for sure but not anytime soon, so your timeline might be spot on.

If their makeup of an asteroid is correct, then mining it should be much easier because of the insanely higher concentrations.
Quote:
Some near-Earth asteroids contain platinum group metals in much higher concentrations than the richest Earth mines. In space, a single platinum-rich 500 meter wide asteroid contains about 174 times the yearly world output of platinum, and 1.5 times the known world-reserves of platinum group metals (ruthenium, rhodium, palladium, osmium, iridium, and platinum). This amount is enough to fill a basketball court to four times the height of the rim. By contrast, all of the platinum group metals mined to date in history would not reach waist-high on that same basketball court.

On one hand you have to strip mine the whole earth to find the good stuff. On the other hand you can find all the stuff you need in a nice 500m package, but you have to mine it from frickin space. This company seems to be betting that space is cheaper than earth mining. They also think that any future space settlements will need large amounts of water and water can also be using to make rocket fuel (hydrogen+oxygen), and they think making 1000's of launches to shuttle water/fuel back and forth will be more expensive than just getting 1% of water out of an asteroid already in space.

At least that is their plan, and people are putting down quite a bit of money, so I imagine it isn't completely impossible.
    
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Overclock.net › Forums › Industry News › Technology and Science News › [Blastr]Want to be an asteroid miner? James Cameron is hiring now!