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James Cameron Plans To Mine Asteroids

James Cameron Plans To Mine Asteroids

04/26/2012

The never-ending adventures of Titanic creator James Cameron continue with news of a new business venture — mining asteroids.

Cameron, 67, is teaming with a group of investors that includes Google CEO Larry Page to finance a new, wealth-seeking initiative, according to CBS News. The plan is to send robotic spacecraft to mine nearby asteroids for precious metals like platinum and gold, as well as to obtain rocket fuel.

The mining and fuel processing would all be done without humans. "It is the stuff of science fiction, but like in so many other areas of science fiction, it's possible to begin the process of making them reality," former astronaut and company adviser Thomas Jones said.

Read more: James Cameron, Larry Page, Titanic, Avatar

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