India's first lunar mission (Berman Post: India Reachs The Moon) has found evidence of water on the surface; large quantities. Add to that recent discovery of uranium (Berman Post: Uranium Detected on The Moon), and lunar colonies could be a lot more economically feasible then we thought even a year ago.
"Dreams of establishing a manned Moon base could become reality within two decades after India’s first lunar mission found evidence of large quantities of water on its surface.
Data from Chandrayaan-1 also suggests that water is still being formed on the Moon. Scientists said the breakthrough — to be announced by Nasa at a press conference today — would change the face of lunar exploration.
The discovery is a significant boost for India in its space race against China. Dr Mylswamy Annadurai, the mission’s project director at the Indian Space Research Organisation in Bangalore, said: “It’s very satisfying.”"