It's Official: Planetary Resources Lifts The Curtain On Its Plan To Mine Asteroids

Five days ago we detailed how a group of investors that included Google co-founders Larry Page and Eric Schmidt, director James Cameron, CEO of the X-Prize Foundation Peter Diamandis are funding a project known as 'Planetary Resources' that would help “chart the future”, “add trillions of dollars to the global GDP” and ultimately “[breed] a new definition of 'natural resources'.” Open to interpretation at the time of writing, the company has today revealed exactly what that all means; fuelling a new age of space exploration and eventually mining nearby asteroids for precious metals and rare minerals.