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Mining and money: an education 

I'm going to be brutally honest; mining investment is (or was, until recently) my least favourite part of the industry to write about. 

In the 15 years I’ve been working as a mining journalist, I have generally avoided straying into investment territory. In my former life as part of the editorial team at Aussie publisher, Aspermont, my remit was mining equipment, technologies and techniques. If you wanted to know which ultra-class truck to buy, I was your girl (still am, FYI). But alternative investment options for mining projects… not so much. Other members of the team were far more knowledgeable and experienced in that area, and so we all stuck to writing about what we knew. 

But since setting up The Intelligent Miner, the point of which is to tackle the subject of mining and all its interrelated subtopics in an unbridled way, I’ve become very aware of my comfort zone and the need to step outside of it. When writing the 2023 editorial calendar, I decided it was time to take the bull by the horns.


One of the reasons I shied away from mining investment is that I’d always perceived it to be a part of the industry that is relatively inaccessible to the majority. One of the few final strongholds of the ‘boys club’ which is, thankfully, fading from the mining industry.

It also seemed intimidating to the layperson. Mining is a sector which quite enjoys its separateness from other industries and parts of society (despite its integral role), maintaining a comfortable distance by using niche terminology and technical processes. It seemed a similar situation in the finance space. Their nexus didn't feel like a place where those of limited understanding would be welcome.

I was wrong. In January, I put out a call on social media for experts who would be willing to chat to me about alternative finance, green investment tools, reporting and disclosure and carbon trading. And a whole host of kind, interesting people opened their doors and contacts books.

I’m really looking forward to sharing what I’ve learnt with you over the coming month, and I hope my story inspires you start conversations with your own networks. When approached with honesty and vulnerability, a knowledge gap isn’t a challenge, it’s an opportunity to learn.

The experience reaffirmed my belief that often, an open mind is the most powerful tool of all.


Carly  

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Reading list
Eight articles on mining investment today
Prospector: Insights & Investments in Mining with Michael Konnert
One of my favourite mining podcasts: On the Rocks. Host Emily King asks mining executive, Michael Konnert, about key decision points for investing in mining companies and the importance of people and communication in strategy
The Northern Miner: Mining’s top ten ‘S’ trends in ESG for 2023
Rachel Dekker and Elizabeth Freele's annual guide to social topics that regulators and standards agencies expect to see action based on this year
Mine2Me: How Blockchain is Revolutionizing the Mining Industry
An easy-to-watch, two-minute video offering a potted explanation of how blockchain is being used in the mining industry. A good starting point if mining is new to you
White & Case: Rise of digital finance: Tokenising mining & metals assets
And for those who'd like a more detailed dive into blockchain and it's uses in mining... this is still one of the most comprehensive explanations I've read on tokenisation
Ecosystem Marketplace: Rough winds do shake the darling buds of carbon markets
Some interesting and insightful points about the current state of carbon markets/trading. Not mining specific, but highly applicable nevertheless
Deloitte: Valuing nature, generating a strategic advantage through natural
Trend number one in Deloitte's yearly guide to issues shaping the mining industry centres on natural capital and the way it's built into project valuations
WSJ: Investors Push Mining Companies to Adopt Better Sustainability Standards
Last week, the newly-launched Global Investor Commission on Mining 2030 announced it would introduce sustainability standards by 2024 to overhaul the mining industry. Here's what you need to know
FT: Companies parachute accountants in to fix flawed ESG data 
There are concerns that emissions data is lagging behind that included company financial reports. Accountants and auditors are being drafted in to investigate  
Last month on The Intelligent Miner
We explored mining for the future
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