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"If you don't care about science enough to be interested in it on its own, you shouldn't try to write hard science fiction."
- Frederik Pohl

Asteroid Mining  
  The mining of asteroid ore, accomplished by traveling to these tiny bodies.  

The Golden Asteroid!

For a moment we were startled beyond expression. The truth had flashed upon us.

This must be a golden planet—this little asteroid. If it were not composed internally of gold it could never have made me weigh three times more than I ought to weigh.

"But where is the gold?" cried one.

"Covered up, of course," said Lord Kelvin. "Buried in star dust. This asteroid could not have continued to travel for millions of years through regions of space strewn with meteoric particles without becoming covered with the inevitable dust and grime of such a journey. We must dig down, and then doubtless we shall find the metal."

This hint was instantly acted upon. Something that would serve for a spade was seized by one of the men, and in a few minutes a hole had been dug in the comparatively light soil of the asteroid.

The Precious Metal Discovered.

I shall never forget the sight, nor the exclamations of wonder that broke forth from all of us standing around, when the yellow gleam of the precious metal appeared under the "star dust." Collected in huge masses it reflected the light of the sun from its hiding place.

Evidently the planet was not a solid ball of gold, formed like a bullet run in a mould, but was composed of nuggets of various sizes, which had come together here under the influence of their mutual gravitation, and formed a little metallic planet.

Judging by the test of weight which we had already tried, and which had led to the discovery of the gold, the composition of the asteroid must be the same to its very centre.

Technovelgy from Edison's Conquest of Mars, by Garrett P. Serviss.
Published by New York Evening Journal in 1898
Additional resources -

Compare to asteroid mining (blasting) from Asteroid of Gold (1932) by Clifford Simak, the luminous stake markers from The Radium World (1932) by Frank K. Kelly, the meteor miner from Salvage in Space (1933) by Jack Williamson, asteroid claim law from Jurisdiction (1941) by Nat Schachner, space placers from The Day We Celebrate (1941) by Nelson S. Bond, the asteroid mining robot from Catch That Rabbit (1944) by Isaac Asimov, the asteroid mine from Love Among the Robots (1946) by Emmett McDowell, the coal mole from The Web Between the Worlds (1979) by Charles Sheffield, and asteroid metal from The Mechanical Monarch (1958) by E.C. Tubb.

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Additional resources:
  More Ideas and Technology from Edison's Conquest of Mars
  More Ideas and Technology by Garrett P. Serviss
  Tech news articles related to Edison's Conquest of Mars
  Tech news articles related to works by Garrett P. Serviss

Asteroid Mining-related news articles:
  - Is Planetary Resources An Asteroid Mining Company?
  - Arkyd Spacecraft To Hunt Asteroid Platinum, Water
  - Asteroid Miners Wanted!
  - Deep Space Industries To Mine Asteroids
  - Tyson Says Asteroid Miners Will Be First Trillionaires
  - NASA Misses $5Trillion Funding Boost
  - Hayabusa 2 To Begin Asteroid Mining
  - Mining Of Golden Asteroid Foretold In 1898 Science Fiction
  - Trillionaires Still Earth-Bound

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JWST Finds Bucking Centaur 29P/Schwassmann-Wachmann 1
First Trips To Mars Announced By Elon Musk

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