Saturday, June 4, 2016

FeedaMail: Science News Headlines - Yahoo! News

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Luxembourg sets aside 200 million euros to fund space mining ventures

Luxembourg on Friday upped its bid to be a leader in the nascent space mining industry by setting aside 200 million euros ($223 million) to fund initiatives aimed at bringing back rare minerals from space. Luxembourg in February announced plans for a law that would make it the first state in Europe to give legal clarity to the commercial exploitation of asteroids. "We have a first budget to get started but if we need more money, we will be able to provide it," Etienne Schneider, Luxembourg's economy minister told a news conference.

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Scientists discover magma buildup under New Zealand town

WELLINGTON, New Zealand (AP) — Scientists say they've discovered a magma buildup near a New Zealand town that explains a spate of recent earthquakes and could signal the beginnings of a new volcano — although they're not expecting an eruption anytime soon.

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