There's gold in them thar asteroids

There's gold in them thar asteroids By Victor Hill If you thought mining was about digging holes in dry ground, and that the technology required to do that was mature, think again. There are new kinds of extreme miners emerging who are taking mining to undreamed-of places. There are miners who are extracting resources from below the ocean waves. There are miners operating in extreme terrestrial environments like Northern Siberia. And then (I kid you not) there are proto-mining companies which aspire to bring back precious metals from the Moon, Mars and the Asteroid Belt. Their audacity will amaze you. But could these Extreme Miners make you money? Human beings have been extracting minerals and metals from holes in the ground for many thousands of years. The oldest known mine on archaeological record is the Lion Cave in Swaziland (South Africa) which radiocarbon dating shows to be about 43,000 years old. Flint mines in Southern England and Northern France go back to Neolithic times. Certainly, the ancient Egyptians mined gold from the earliest dynasties. Since the industrial revolution mining has become one of the world's major industries, providing resources for modern man's insatiable appetite for stuff. But, as the economy has evolved in the information age, traditional resources like coal and iron ore have fallen out of favour while demand for strategic metals has soared… Click Here To Read The Full Story The Master Investor Market Report The FTSE 100 closed the day at 6,816.90, a decrease of 18.88 points. The FTSE 250 fell 147.65 points to finish at 17,867.00. The FTSE All Share dropped 13.31 points to finish at 3,717.53. The FTSE AIM All Share finished at 790.05, down by 2.01 points. Shares in TV content producer Entertainment One (ETO) fell by 14.2% to 215.10p after ITV withdrew its takeover offer after its initial bid was rejected. ITV commented in a statement that they believed the deal would have offered strong synergies, but that the two companies had divergent positions on the value of Entertainment One. Rumours continue to circle about a potential private equity bid, but a concrete offer is yet to emerge. Get our August issue while it's hot! Click HERE to read. Gambling software developer Playtech (PTEC) reported a drop in pre-tax profits for the first half of 2016, despite revenues climbing by 18% to €337.7 million (£288.7 million). Management are continuing to implement an acquisitions-focused growth strategy, with €162 million (£138.4 million) spent on two major purchases during the period. Shares in Playtech climbed 28.50p to 928p.  Shares in AIM-listed life sciences outfit OptiBiotix (OPTI) dropped by 3p to 71p after it booked a loss before tax of £713,772 for the first half of 2016, almost £200,000 more than in the comparative period of last year. Revenues remain below £100,000, but management believe that progress has been made in the last six months.  Tomorrow's news today  Restaurant Group (RTN) and Computacenter (CCC) will release interim results. Quote of the day "All you need in this life is ignorance and confidence, and then success is sure."  - Mark Twain Latest Stories Chart of the Day: Jimmy Choo By Zak Mir Considering that the last pair of shoes I purchased was £29.99 at Top Man, it could be argued quite fairly that the Jimmy Choo proposition is not really something which I espouse. But then again, with the stock market, knowing when to separate business from pleasure is all important… Click Here To Read The Full Story The Best and Worst Performers after Brexit By Nick Sudbury The surprise result of the EU referendum sent shockwaves through the financial markets and created a huge amount of volatility. You would normally expect a diversified fund to be relatively immune to this sort of turbulence, but there have been some huge price swings... Click Here To Read The Full Story Chart of the Day: Purplebricks By Zak Mir I am not sure whether the two Purplebricks "experts" on the home page of its website necessarily sell the concept or the company to me, but it is probably the case that in a buoyant housing market this does not really matter… Click Here To Read The Full Story Brexit Puts a Shine on the Goldies – But Will It Last? By John Cornford Scotgold Resources (LON:SGZ) When I wrote up Scotgold back in November, it was to highlight how constant share dilution is 'hidden' from investors in the only charts available to them – i.e. the share price… Click Here To Read The Full Story Chart of the Day: William Hill By Zak Mir A few weeks ago I bought a pair of glasses at Poundland (for £1, of course), but would have been better off not going to Specsavers and buying the shares as the company received a takeover approach… Click Here To Read The Full Story Join the movement on social media: Copyright 2016 Master Investor Ltd, All rights reserved. You are receiving this email because you opted in at our website. If a Daily Bulletin is too frequent, why not opt in to our once weekly mailing list for a round up of the week's news straight to your inbox. Once Weekly Round-Up Our mailing address is: Suite 88, 22 Notting Hill Gate, London W11 3JE Master Investor is a trading name of Master Investor Limited. 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