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Submission + - Private company announces serious plan to mine asteroids in the next few years->

The Bad Astronomer writes: "The private company Planetary Resources has announced that it plans to mine asteroids for water, air, and even precious metals in the next few years. Your initial reaction may be to snicker a bit, but it's headed by Peter Diamandis — who established the X Prize — has several ex-NASA personnel running the engineering, and also has the backing of a half-dozen or so billionaires. So this is no joke — their plan looks solid, and may very well be the first step in establishing a permanent human presence in space."
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Private company announces serious plan to mine asteroids in the next few years

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Karl's version of Parkinson's Law: Work expands to exceed the time alloted it.

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