The Surprising Parallels Between Junior Miners and Tech Startups
The article argues that junior mining companies function as the original version of today’s tech startups, using exploration as a form of research and development. Both sectors share high‑risk, pre‑revenue models, cash‑burn dynamics, and reliance on visionary founders to attract speculative capital. The piece highlights parallels such as the Lassonde Curve mirroring the Gartner Hype Cycle and compares Preliminary Economic Assessments to product‑market‑fit studies. It concludes that viewing exploration spending as R&D reframes the mining industry’s innovation narrative.
What Does Ai Think of Toll Milling
The blog showcases Claude, Anthropic’s AI, compiling recent mining studies (2024‑2026) that use toll‑milling as a base case, highlighting projects in Canada, Argentina, and Australia. It outlines the operational, commercial, metallurgical, financial, regulatory and strategic risks inherent to toll‑milling arrangements....
