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Simonyi, Others Plan Space Mining Venture

Former Microsoft executive Charles Simonyi, as well as Google's Larry Page, film director James Cameron, venture capitalist Ram Shiram, and others are backing an effort to mine natural resources from asteroids, with plans to announce a new company on Tuesday. According to reports, Simonyi, Page, Cameron, as well as additional high tech executives are launching Planetary Resources to capture asteroids from space to mine them for valuable metals and resources. The company is expected to be announced at an event in Seattle tomorrow.


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