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Space & Astronomy

How feasible is space mining ?

By T.K. Randall
August 25, 2012 · Comment icon 8 comments

Image Credit: ESA
Can Eric Anderson and Chris Lewicki of Planetary Resources actually succeed in mining asteroids ?
The idea seems simple in principal but just how feasible is it ? Is there money to be made sending spacecraft to asteroids, mining valuable materials and then bringing them back to the Earth ? "A lot of the technology required to do that has not yet been demonstrated," says Tim Spahr, director of the Minor Planet Center at Harvard University.

"Of course, that's what somebody would have told you about brain surgery or heart surgery before it was actually done. So while this hasn't been demonstrated yet, the only way to do so is to throw a whole lot of money at the problem and to undertake a lot of experiments on Earth and in space."
What do those in the know make of the bold plans dreamed up by wannabe asteroid miners Eric Anderson and Chris Lewicki of Planetary Resources?


Source: New Scientist | Comments (8)




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Comment icon #1 Posted by shaddow134 13 years ago
Good idea but i don't think it will happen in my life time,potential though for big problems towing asteroids into close Earth orbit,especially if some one get's their maths wrong. Wouldn't it cause big problems though?If for instance, Earth markets were flooded with precious metals.
Comment icon #2 Posted by and then 13 years ago
I hope they are able to pursue the technology. Even if it turns to be a failure from a profitability standpoint it might still provide much needed knowledge of how to maneuver or even change the trajectory of a potentially earth threatening body in space.
Comment icon #3 Posted by pallidin 13 years ago
I read the article, and I don't think it addressed the issue of "which" asteroids to mine. Like, how do you know that a particular asteroid is 50% platinum, for example, or some other highly valuable substance? And I agree with "and then" that the technology might prove useful in dealing with possible asteriod hits.
Comment icon #4 Posted by Occams Razor 13 years ago
Sci-fi, Nostromo style. Mineral ore mining, off planet!!! They're on drugs. What would they mine? Whatever it is would have to be incredibly small, light, and unimaginably valuable to make it commercially viable. It's got to be an investment con.
Comment icon #5 Posted by Occams Razor 13 years ago
Can Eric Anderson and Chris Lewicki of Planetary Resources actually succeed in mining asteroids ? No, not a chance, pure fantasy.
Comment icon #6 Posted by ealdwita 13 years ago
First problem - How to stop the pit-ponies floating away!
Comment icon #7 Posted by Idano 13 years ago
Yeah, bring an asteroid into close Earth orbit...what could go wrong??
Comment icon #8 Posted by Sundew 13 years ago
Good idea but i don't think it will happen in my life time,potential though for big problems towing asteroids into close Earth orbit,especially if some one get's their maths wrong. Wouldn't it cause big problems though?If for instance, Earth markets were flooded with precious metals. Probably the most likely metal they would find is iron, a common component of metallic meteors. Should they find enough gold/silver/platinum to make those common metals, they do have many valuable uses outside of coins and jewelry and there is the cost factor of retrieval, so precious metals may still be quite pre... [More]


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