Trillions of US dollars are said to be worth the raw materials that are on "psyche 16". NASA is planning the exploration for 2022. Compared to the gold extracted from the ground on Earth, the gold treasures on asteroids are many times greater. And they are mostly on the surface and can - theoretically - be reached in open pit mining. 20 states have already enacted space laws.
The subject of space mining is not new. Germany also wants to be there. Work is already underway on a national space law. This should contain little bureaucracy and regulation, especially for private investments in space. The handling of any damage should be regulated. If space mining is within reach, a bitter race is expected.
The ambitious dream should lead to the start of a commercial production in about 50 years. But like I said, it's still more of a dream in its infancy. According to Allied Market Research, the global market for asteroid degradation is expected to be at least USD 3.8 billion by 2025. Morgan Stanley sees the value of the global space economy growing from 350 billion US dollars today to 2.7 trillion US dollars in 2040. In any case, China wants to take a leading position in the race.
When the treasury of outer space will really be opened up is still written in the stars. For this reason, investors are currently still concentrating on companies that produce their commodities on earth. Among the gold companies, Auryn Resources and Osisko Gold Royalties fell.
Auryn Resources - http://www.commodity-tv.net/c/search_adv/?v=299172, well funded, has seven projects with the Committee Bay Gold Project in Nunavut and the Sombrero Copper Gold Project in Peru being the two major projects.
Osisko Gold Royalties - http://www.commodity-tv.net/c/search_adv/?v=299178, as a precious metal licensing company, offers the opportunity to participate in a select portfolio of royalties, precious metal purchases and streams. These include, for example, an interest in Canada's largest gold mine, Barkerville Gold Mines or Falco Resources.
Current company information and press releases from Osisko Gold Royalties (https://www.resource-capital.ch/en/companies/osisko-gold-royalties-ltd/) and Auryn Resources (https://www.resource-capital.ch/en/companies/auryn-resources-inc/).
In accordance with §34 WpHG, I would like to point out that partners, authors and employees can hold shares in the companies mentioned in each case and therefore there is a possible conflict of interest. Only the German version of these messages applies.
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