The Elements of Innovation Discovered
Digital investor portal offers data from 1,100 mining firms Metal Tech News Weekly Edition – July 29, 2020
A collaboration between Prospector, an emerging company that is elevating mining sector investment into the digital age, and TMX Datalinx, the information services division of TMX Group, will offer investors a one-stop shop for digging deeper into more than 1,100 mining and mineral exploration companies listed on Canada's Toronto Stock Exchange (TSX) and Toronto Venture Exchange (TSX-V).
The brainchild of Emily King, a geologist and visionary with extensive mining industry experience, Prospector is an artificial intelligence-powered online platform that converts highly technical mining data into market intelligence contained within a user-friendly search engine that even non-traditional mining investors can use and understand.
"We consider Prospector to be part of the new guard of investor platforms," said King.
With the new arrangement with TMX Datalinx, this avant-garde investment platform can now provide investors with clearer insights into an enormous number of mining companies, along with the industrial, precious and critical minerals they are mining and exploring for.
Combined, the TSX and TSX-V exchanges nearly half of the world's mining sector financings. As of May 31, mining and mineral exploration groups listed on these TMX Group exchanges had a total market capitalization of roughly C$445 billion.
"TMX Datalinx is the premier source of market data in Canada," said TMX Datalinx President Sarah Ryerson. "By providing Prospector with data to power their new AI-driven platform, users will have the ability to find and compare mining investments."
Among the most important sources of data for mining investors to consider is found in National Instrument (NI) 43-101 technical reports that mining and mineral exploration companies listed on Canadian stock exchanges are required to file.
These reports offer vital mining investment information such as resource and reserve estimates, mine development plans, preliminary economic assessments, feasibility studies, and other data. These reports, however, are often highly technical and lengthy reads filled with complex geological, engineering, and financial information, which is extremely cumbersome for an individual to digest and use to make timely investment decisions.
Prospector provides a subscription-based service that turns this unwieldy data into market intelligence contained within a user-friendly search engine that even non-traditional mining investors can use and understand – putting a list of global mineral assets that fit investors' investment criteria at their fingertips.
Through its agreement with TMX, Prospector's platform will be synchronized daily with new technical reports published by the more than 1,100 mineral exploration and mining companies, and subscribers will have access to their historical data.
In order to research the mining companies that best meet their investment goals, Prospector Portal subscribers have the choice to search by commodity, region and country, company or geologist. This provides a way to easily find and compare mining investment opportunities.
This portal has gotten more powerful with the TMX Datalinx feed.
"Our platform brings a transformational shift in the way investors access mining data and conduct due diligence – lowering the barrier to entry and reducing investor risk," said King. "And that's what makes this such a brilliant collaboration."
More information on Prospector Portal can be read at Mining investment moves into digital age in the March 18 edition of Metal Tech News.
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