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The crazy economics of mining asteroids for gold and platinum


The crazy economics of mining asteroids for gold and platinum

Source: qz.com

Stashed in: Economics!, @ericschmidt, Space!, Larry Page, Sergey Brin

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We were prepared to laugh at the plans proposed by Deep Space Industries and Planetary Resources. But hey, who knows? No wonder the latter counts Google Executive Chairman Eric Schmidt, Google CEO Larry Page, and one-time US third-party presidential candidate—and Texas billionaire—Ross Perot as its investors.

I've been fascinated by this story ever since it broke:

http://pandawhale.com/post/1121/google-ceos-funded-a-new-company-to-mine-asteroids

Please post more when you learn more.

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