Prospector gives unlimited access to mining industry information? “The goal is to attract new sources of capital to the mining industry and to increase metal supply required for the renewable energy/electric vehicle economy of the future,” said King. “We want Prospector’s AI to open the door to millennials investing in mining and optimize deal flow for traditional investors.” With the support of machine learning, Prospector synthesizes publicly available but dense technical data on mining projects and then presents results in a highly intuitive, searchable, and organized interface. The tool will help investors quickly find and fund mining assets, saving time and money, as well as preventing them from overlooking prime opportunities.
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.
From first time investors to industry experts, Prospector provides all users with an easily navigable interface and a variety of cost-effective plans to access the global mining industry. Email demo@prospectorportal.com. For additional information, visit www.prospectorportal.com or follow us on Twitter @ProspectorAI or LinkedIn www.linkedin.com/company/prospector-portal. See even more info at Prospector.
Prospector increases transparency, providing a level playing field to quality mineral projects and generates “proprietary deal flow” for each subscriber — a unique differentiator in the market as generalist investors come back to mining and as the mining industry desperately needs new, innovative sources of capital. “Partnering with Northern Light on Prospector enabled us to solve a complicated search and content aggregation problem,” said King. “43–101s are lengthy, complex documents with many formats and data tables embedded in them. Investors seeking to mine them for a nugget of insight will greatly appreciate the power and versatility of our machine learning-enabled Prospector application developed by Northern Light.”