- Researchers have found hundreds of years’ worth of rare-earth materials underneath Japanese waters — enough to supply to the world on a “semi-infinite basis,” according to a study published in Nature Publishing Group’s Scientific Reports.
- Rare-earth metals are crucial in the making of high-tech products such as electric vehicles and batteries, and most of the world has relied on China for almost all of its needs.
Exploiting precious metals on the ocean floor is an idea that has been considered for decades.
A deep sea “gold rush” is a controversial new frontier for mining the ocean floor and it has moved a step closer to reality. The United Nations has published its first plan for managing the extraction of so-called “nodules” – small mineral-rich rocks – from the seabed.
The new startup, Planetary Resources will mine asteroids for precious metals.
Peter Diamandis, entrepreneur and X-Prize impresario, earlier in 2012 hinted he was about to unveil something amazing: a startup that will mine asteroids for precious metals.
Featured Invention at the Colorado Inventor Showcase 2009
UFO Micro Furnace is the world’s smallest, lightest, most portable, easiest to use and most affordable furnace for performing assays of precious metal ore. It is the only one that can be taken to the mine site, and is so simple to use that a trip to the assay office in town is no longer necessary. UFO stands for Unbelievable Firing Object.
Wall Street Guru Ball
Well so far 2009 looks, feels and tastes a lot like 2008 did. So you can color me unimpressed. But I guess a new year does give a lot of people the chance to turn over a new leaf. And if your new years resolution list happens to include “significantly increase financial well-being” then this twist on the classic 8-Ball could help. Why rely on stock brokers, bankers or even a hot tip from that guy in accounting when you can trust your assets to a multi-sided die floating in a plastic sphere?