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Six tracks explain how junior mining and exploration work, written for people who understand valuation, risk and portfolios but not geology.
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New to mining? Six steps from the first drill hole to the stage guide.
Begin the pathTracks
- Mining economicsThe core concepts that decide whether a deposit can make money, explained one at a time.12 articles
- Mining financeHow mines are paid for, from the first drill hole to production: the types of financing, who provides them, and how projects are valued.9 articles
- The junior mining worldWho's who in mining, from prospectors to majors; how juniors are listed and funded; why most projects fail; why a funding gap opens in the middle; and how majors buy the projects that succeed.6 articles
- ExplorationHow deposits are found, drilled, sampled and turned into a resource estimate, and how to read the technical record without being a geologist.10 articles
- Mining jurisdictionsWhere a project sits matters as much as what is in the ground. Licensing, permits, Indigenous rights, tax and politics, and how each one changes a project's value at each stage.9 articles
- Investor playbookPutting it all together: the ways to invest in a project, how juniors are valued at each stage, building a portfolio, spotting red flags, and a due diligence checklist that ties every track together.5 articles
Interactive explainers
Two small tools that make the key ideas concrete.
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