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Asteroid Mining will Make You Wealthy Beyond Your Wildest Dreams, says Goldman Sachs and Luxembourg

Apr 09, 2017 06:40 AM EDT

The champion of space mining is neither the United States nor Goldman Sachs, however. It's the Grand Duchy of Luxembourg.

Luxembourg Invests $225 million to Dominate Trillion Dollar Asteroid Mining Industry

Arthur Dominic Villasanta |

Jun 04, 2016 12:21 AM EDT

Experts calculate a single asteroid can possess some $95.8 trillion in mineral wealth.

Luxembourg Takes the Lead in Asteroid Mining

Arthur Dominic Villasanta |

May 09, 2016 10:53 AM EDT

Luxembourg intends to become a global center for asteroid mining.

The U.S. Congress just approved a space mining bill that will allow asteroid mining.

New U.S. Space Mining Law is Potentially Dangerous and Illegal

Ana Verayo |

Nov 30, 2015 06:50 AM EST

Experts and scientists weigh in on the new law just signed by U.S. President Barack Obama known as the U.S. Space Act that allows private space companies to mine asteroids.

Asteroid Mining Bill Approved by U.S. Congress

Ana Verayo |

Nov 18, 2015 08:04 AM EST

The United States Congress apparently passed its newest bill called the SPACE Act of 2015, allowing space mining companies to acquire resources from asteroids.

Asteroid Mining Moves Closer to Reality

Marco Foronda |

Nov 22, 2014 03:33 AM EST

NASA and two private companies are working on asteroid mining.

A combination photo taken by Japan's space probe Hayabusa and released by Japan Aerospace Exploration Agency on November 29, 2005.

Japan Unveils Mining Asteroid Probe Hayabusa-2

Ana Verayo |

Sep 05, 2014 08:48 AM EDT

Japan Aerospace Exploration Agency, or JAXA, this week unveiled its new mining asteroid probe, Hayabusa-2 at its Sagamihara, Kanagawa Prefecture spcae facility.