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Space-mining for platinum on the cards

Platinum mining in space is getting cheaper and easier. Prospect probes can probably be built for tens of millions of dollars each. An asteroid-grabbing spacecraft could cost USD2.6 billion. Space mining seems more lucrative than initially thought. An asteroid the size of a football field could contain USD25 billion to USD50 billion worth of platinum. Although space mining is still not viable commercially, the possibilities are endless. Space mining could even lead to in-space manufacturing. When will space mining become a viable market for investors? https://www.spireresearch.com/newsroom/spirethoughts/space-mining-for-platinum-on-the-cards/

Is Myanmar now a safe haven for investors?

With historic Myanmar elections ushering a new era of democratic rule, will foreign investors become bullish on the country? Leon Perera, Chief Executive Officer of Spire Research and Consulting shared his insights in The Business Times – Views from the Top section on what Myanmar’s election results signify for investors. The end of military rule after five decades marks a progressive step for Myanmar as a nation. Many foreign investors who had held back their investments due to the uncertainty prior to the election will now review their stance in light of the NLD’s victory at the polls. Perera opined that firms should now move decisively. The new government is bound to go into overdrive to attract investors but the degree of incentives they offer may decline as Myanmar’s Foreign Direct Investment (FDI) stock increases. Nonetheless, firms should space out investments to hedge against political risk. Moreover, such investment should be used to interact with the new governm