Prospecting in Space

+Berin Szoka and James Dunstan discuss the legality of asteroid mining in +WIRED.

Their opinion piece raises a lot of logistic and legal questions not faced by miners here on earth.

Under the Outer Space Treaty, if a company is mining an asteroid, no other entity could come along and start mining on the other side if doing so could interfere with the first set of miners. If the asteroid were large enough to accommodate two independent mining operations, both could likely proceed, each gaining ownership of whatever material they extract. Thus, customary international law already gives would-be asteroid miners a sound basis for their business model.
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