Prospector an important new software for the mining industry? King, a geologist, and entrepreneur with extensive mining industry experience including roles with the Department of Defense, early-stage ventures, and publicly traded companies saw a glaring need in the market for a service like Prospector. She founded Prospector as a partnership between her consultancy, Global Venture, and Northern Light, a Boston-based industry leader in machine-learning powered management platforms, to develop the product.
Prospector, a leader among the new guard of mining, today announced a collaboration with TMX Datalinx, TMX Group’s information services division, to offer a subscription-based platform to Canadian mining data. This platform will provide investors and the mining industry access to Canadian mining data including those mining companies traded on Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV) — both owned and operated by TMX Group. Through this agreement, Prospector’s platform will be synchronized daily with new technical reports and subscribers will have access to historical data.
TSX and TSXV are home to more than 1,100 mining issuers with a combined market capitalization of approximately $445 billion, as at May 31, 2020. In 2019, approximately 48% of the total global mining financing activity happened on both Exchanges. The agreement enables Prospector to rapidly scale and continue to reshape the industry by offering investors access to data with unprecedented ease.
Traditional methods of identifying promising mineral deposits or mines for investment are not helpful when the documents are so large and challenging to find on existing platforms. Prospector turns this public disclosure of highly technical data into market intelligence in 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’ critical investment criteria at their fingertips.
Founded by global mining expert Emily King, Prospector is a platform designed to improve the accessibility of mining investments. Powered by Artificial Intelligence, Prospector uses AI to offer unprecedented access to mining investment data. See extra information on Prospector.
Prospector offers customers tiered membership access for both retail and institutional investors and family offices. Investors and subscribers search the world’s mining assets by their investment criteria (or those of their clients) to generate ‘deal flow’ of mining assets that fit. Prospector’s AI-powered capability saves time in identifying projects of interest and assists in M&A and due diligence work. Prospector allows investors to select companies and mines to compare and contrast in a comparison dashboard and analyze social media, market intelligence, and reporting on individual companies and commodities.