Investor Overview · 2026
The Mining Intelligence Platform

Everything Mining.
One Platform.

68M+
Geological Records
Coverage
Australia + Canada
and growing
The Problem

The data exists. It's just buried.

Mining data exists. It's just buried in dozens of government databases, disconnected portals, and outdated spreadsheets. Finding what you need means searching across multiple systems, manually cross-referencing records, and hoping nothing was missed.

We're connecting it all.

Data that used to take months to piece together now takes seconds.

Every major industry has its Bloomberg. Finance has Bloomberg Terminal. Real estate has CoStar. Equipment has RB Global. But mining, a $93.7 billion M&A market, still runs on phone calls, PDFs, and brokers who gatekeep information. Mine Market is filling that gap. The first platform that combines a live marketplace, AI-powered intelligence, and a 68 million record data moat, purpose-built for the mining industry.

"I own 24 tenements and a 43 km² gold/nickel/cobalt project. I built Mine Market because the tools I needed to buy, sell, and evaluate mining projects simply did not exist."

Katika Labrum, Founder
Market Opportunity

A $90 billion+ market with no incumbent

Mining M&A hit $93.7B in 2025, a 13-year high. Critical mineral demand is projected to nearly triple by 2030. The entire industry still runs on phone calls, PDFs, and handshake deals.

21.4 million
people work in mining globally ILO, 2025
$93.7B
TAM: Global Mining M&A (2025)
$12B
SAM: Junior & Mid-Tier ($5K - $50M)
$12M ARR
SOM: 400 Companies Year 3
TAM: Mining Weekly / S&P Global Market Intelligence, 2025 - $93.7B, highest since 2012
SAM: Internal analysis based on S&P Global transaction data, filtered to junior and mid-tier deals ($5K-$50M range)
SOM: 400 companies x 5 seats x $499/mo. 85% of mining companies have zero digital intelligence tools today
Marketplace Precedents

Vertical marketplaces that digitized fragmented industries have created massive value. Mining is the last major industry without one.

PlatformIndustryMarket CapWhat They Did
BloombergFinancial Data$50B+Aggregated financial data into one terminal
ZillowResidential RE$10BDigitized listings, added data layers (Zestimate)
CoStarCommercial RE$18BAggregated commercial data, analytics platform
RB GlobalEquipment$18BOnline auctions for heavy equipment
AirbnbShort-term Rental$79BMarketplace + trust layer for fragmented inventory
Mine MarketMining AssetsBuildingMarketplace + AI intelligence for mining projects

These companies are valued on the data moats and recurring revenue they built. 85% of mining companies have zero access to digital intelligence tools — the incumbents price them out at $100K+/year. Mine Market opens the market at $499/seat.

Timing

Why now

Aerial view of open pit mine

Mining M&A Boom

$93.7B in mining M&A activity in 2025, a 13-year high. Majors are acquiring juniors at record pace. The transaction volume is there, but the infrastructure to discover and execute deals is not.

Mining Weekly / S&P Global, 2025
Critical minerals

Critical Minerals Nearly Triple by 2030

EV, defence, and energy transition are driving demand for lithium, cobalt, rare earths, and nickel. Governments are funding exploration. The supply gap is accelerating.

IEA Global Critical Minerals Outlook, 2024
Lone drill rig at dusk

Juniors Are Capital-Starved

Small explorers can't raise capital or find buyers efficiently. They need a platform that reduces discovery friction and makes their projects visible to global investors.

GlobalData Mining M&A Deal Trends, 2025-2026
AI and data convergence

AI + Open Data = New Category

LLMs can now synthesize geological, regulatory, and market data into investor-grade intelligence in seconds. Government open data portals have matured. The building blocks exist today that didn't exist 24 months ago.

The Platform

9 products, one terminal

Nine products live today, with more in the pipeline. Each one feeds data into the next, so the platform gets smarter with every product we launch.

Marketplace Live

Global marketplace for mining projects, tenements, and mineral assets. Free to list with direct buyer-seller connections, in-platform messaging, NDA signing, watchlists, and seller analytics.

AI Insight Reports Live

AI-generated geological intelligence for any tenement or project. 6 role-based perspectives (buyer, explorer, investor, geologist, agent, prospector). Each report scores data confidence so you know exactly how much to trust every claim. Keep digging with the built-in AI advisor.

Mine Map / Ranger AI Live

Interactive mining intelligence map. Toggle live data layers including tenements, drillholes, deposits, ASX discoveries, and activity hotspots. Filter by commodity, scan any radius, and generate AI opportunity briefs for any piece of ground. The visual layer that ties the platform together.

Nearology Beta

Your neighbour just hit gold. Nearology watches every ASX drill result in real time and instantly flags the tenements sitting right next door. Before the market catches on, you already know. The proximity intelligence layer that turns someone else's discovery into your next opportunity.

Mining Terminal Beta

Terminal-style command interface for mining data. Query tenements, drillholes, assays, deposits, and market data with natural language. The power user's entry point to 68M records.

The Canary Live

AI-powered mining intelligence research, combined with a curated news feed from every major mining source. Market analysis, data spotlights, and regional deep dives. Every claim fact-checked against Scout's ground truth database. Not LLM hallucination, verified intelligence backed by 68M records.

MineValue Alpha

First-pass project valuation in seconds. Pulls JORC resources, comparable transactions, live commodity prices, and infrastructure proximity to give you a ballpark before you spend $50K+ on a formal valuation. The Zestimate for mining projects.

Equipment Alpha

Dedicated marketplace for mining equipment. Integrated PFT (Permission to Transfer) forms for regulated equipment. Compliance workflows and seller verification. Separate from the tenement marketplace but cross-linked.

AI Pitch Deck Builder Live

Investor-ready pitch decks generated from your project data. AI pulls geology, drilling, deposits, infrastructure, and market context to build a polished presentation you'd normally pay a consultant thousands for. Ready to download and present in minutes, not weeks.

The Data Moat

68 million verified records

Not an API wrapper. Mine Market has ingested, normalized, and indexed 68M records from government sources across Australia and Canada into a unified PostgreSQL + MySQL datastore. 96% source ingest rate. 99% record ingest rate. 100% quality score.

What's In The Database
68M+
Total Records
Geological Formations
Rock type, lithology, stratigraphy
16.9M+
General Data
Classified government records
16.8M+
Water Resources
Bores, dams, aquifers
4.6M+
Environmental
Assessments, land use
4.3M+
Land Parcels
Cadastral boundaries, ownership
3.6M+
Infrastructure
Roads, rail, ports, power
1.7M+
Deposits
Mineral occurrences, resources
1.6M+
Assays
Drill intercepts, sample results
1.3M+
Geochemistry
Soil, stream, rock assays
1.1M+
Drillholes
913K+
Tenements
837K+
Geophysical Surveys
719K+
Land Use Zones
714K+
Heritage Sites
383K+
Protected Areas
382K+
Topography
328K+
Native Title
126K+
96% source ingest rate 99% record ingest rate 100% quality score
16 States & Provinces Across 2 Countries
WA
SLIP
QLD
GeoRes
NSW
MinView
SA
SARIG
VIC
GeoVic
NT
STRIKE
TAS
MRT
AU
Federal
AUSTRALIA
8 jurisdictions
ON
MLAS
QC
GESTIM
SK
MARS
BC
MTO
AB
AER
NB
DNR
NS
DNR
CA
Federal
CANADA
8 jurisdictions
Scout
The Engine Behind the Moat

Without Scout, none of this exists. Scout is an autonomous AI agent swarm that does what would take a team of data engineers months: it crawls every government mining portal it can find, discovers new data sources on its own, scores them by mining relevance, and ingests everything into our database. No human tells it where to look. It finds the data itself.

Every jurisdiction has different schemas, different APIs, different quirks. WFS, ArcGIS, CKAN, raw CSV. Scout handles all of it with state-specific normalizers that clean, deduplicate, and map every record into a unified format. Then it monitors for changes and re-ingests automatically. The moat doesn't just exist. It grows itself, every single day.

24/7
Always Running
5,000+
Sources Imported
97/100
Autonomy Score
Traction

What one person has built

The entire platform, every line of code, every API integration, every data pipeline, built by a single founder. This is the depth of execution investors are backing.

Platform Traction (First 3 Months)
9,500+
Visitors
10,900+
Sessions
2m 30s
Avg Session
82
Countries
57% engaged sessions · Google Analytics verified

"This is exactly what the industry has always needed."

Managing Director
Large Mining Company

"I've never seen anything like this."

Mining Consultant
Former Deloitte

"This is just wow."

Industry Panelist
International Mining Conference
Users

Sold to the company. Each role is a seat.

Mine Market is sold to the mining company. Each role within the organisation gets different value from the same platform, and each role is a seat.

Mining Company
Typical customer
5 - 9 seats
$30K - $54K / year
Leadership
MD / CEO / Director
1 - 2 seats

Reviews Insight Reports for board papers and acquisition decisions. Uses Mine Value to sanity-check offer prices. Needs government-sourced data to back decisions worth millions.

Uses weekly
Insight Reports Mine Value Marketplace Pitch Deck
Technical Team
Chief Geo / Exploration Managers / Project Geos
3 - 5 seats

The daily power users. Run full technical reports with government bedrock data, drill assays, and exploration targets. Use Ranger AI for geological Q&A. Replace days of manual portal searching with minutes.

Uses daily
Full Technical Reports Ranger AI Nearology 3D Terrain
Commercial Team
VP Business Dev / Corporate Development
1 - 2 seats

Sources JV partners and farm-in opportunities through the Marketplace. Lists company assets to attract investment. Uses comparable transactions to benchmark deals and pitch decks for capital raising.

Uses weekly
Marketplace List Mine Pitch Deck Comparables Watchlist
Competitive Landscape

No one is doing all of this

Existing players are either brokers with websites, generic deal platforms, or expensive data terminals. None combine marketplace, AI intelligence, and a verified data moat.

FeatureMinesOnlineBrokersS&P GlobalMine Market
Transaction fees5%5-10%N/A (data only)Subscription fee
AI intelligenceNoNoNo6-perspective reports + Canary
Own data moatNoManual PDFsYes ($100K+/yr)68M+ records, self-growing
Discovery alertsNoNoLimitedNearology (real-time)
Interactive mine mapNoNoNoLive data layers + AI briefs
AI pitch decksNoNoNoInvestor-ready in minutes
Project valuationNoManualPartialMineValue engine
Cost to buyersFree browse$10K+/mo retainer$100K+/yr enterpriseFree marketplace + $499/seat
Modern UXDatedPDF/emailEnterpriseBuilt for this generation
Founder

Built by someone in the industry

The rarest founder profile in mining tech: deep domain expertise combined with the technical ability to build the entire platform solo. This combination does not exist at any competitor.

Katika Labrum

Katika Labrum

Founder & CEO

LinkedIn
  • CEO, GD Wealth - Active mining operator with projects in the ground, not a tech tourist
  • 43 km² gold/nickel/cobalt project in Western Australia
  • 15-hole drill program returning 1.94 g/t Au intercepts
  • 24 tenements in the Leonora gold belt, WA
  • UBC mining training - formal minerals industry education
  • Built the entire platform solo - 68M+ records ingested, 9 product modules, Scout swarm architecture
  • Founder-market fit: the frustration of buying, selling, and evaluating mining projects with outdated tools drove the creation of Mine Market. This isn't a hypothesis, it's lived experience.
Honest Assessment

Key risks and how we address them

Solo Founder

One person built the entire platform. Key-person risk is real.

Mitigation: Codebase is well-structured with clear separation of concerns. First hire (with pre-seed funds) is a senior engineer. Architecture documented. AI-assisted development (Claude Code) means the codebase is clean and transferable.

Marketplace Liquidity

Marketplaces need both supply and demand. Building critical mass takes time.

Mitigation: Free listings remove supply friction entirely. More importantly, the marketplace is just one of 9 products. AI reports, Mine Map, Nearology, and the Terminal all provide standalone value without a single listing. Users come for the intelligence, stay for the data, and transact when the opportunity is right.

Government Data Dependency

Government APIs can change, break, or go offline without notice.

Mitigation: All 68M+ records are ingested into our own databases. We never serve data from live government APIs. Scout monitors every source for changes and automatically discovers replacement endpoints when APIs break. We own the data, not just the pipe.

Well-Funded Competitor

S&P Global, a well-funded startup, or a mining major could enter this space.

Mitigation: S&P charges $100K+/yr for data alone and has no marketplace. Brokers have no technical capability to build one. A new startup would need to reverse-engineer government data across Australia and Canada, build state-specific normalizers, and solve the same domain-AI challenges. That's 12+ months of work before writing a single line of product code. The moat is real and it compounds daily.

Revenue Model

What this looks like per customer

Per-seat pricing that scales with team size. Every tier includes full platform access, AI intelligence, and the 68M record data moat.

$499
per seat / month
Full platform access, AI intelligence, and the 68M record data moat
Volume discounts at 6+ seats. Custom pricing for enterprise.
Junior Explorer
Leadership: 1 seat (MD)
Technical: 3 seats (Chief Geo + 2 Geos)
Commercial: 1 seat (BD Manager)
5 seats · $499/seat
$2,495/mo
$29,940/year
Less than one consulting geologist engagement
Mid-Tier Producer
Leadership: 2 seats (MD + Director)
Technical: 5 seats (Chief Geo + 4 Geos)
Commercial: 2 seats (VP BD + Corp Dev)
9 seats · $449/seat 10% volume discount
$4,041/mo
$48,492/year
70% cheaper than S&P Global per seat
Major Miner
Leadership: 3+ seats (CEO, COO, CFO)
Technical: 15+ seats (Chief Geo, Exploration Mgrs, Resource Geos, GIS)
Commercial: 7+ seats (VP Corp Dev, BD Managers, Strategy Analysts)
25+ seats
Custom
$96K - $180K+/year
Enterprise agreement with SLA
Revenue Scenarios
Year 1 · 40 Companies
$1.2M
ARR
0.2% penetration
Year 2 · 120 Companies
$3.6M
ARR
0.6% penetration
Year 3 · 200 Companies
$6M
ARR
Just 1% penetration
Addressable Market
20,000
mining companies across 141 countries
$600M addressable revenue

We only need 1% market penetration to hit $6M ARR. Zero comparable platforms exist today.

Based on S&P Global Market Intelligence (~10,000 tracked companies with known projects) plus formal private operators registered with national mining authorities (MSHA, DMIRS, GSQ, TMX). Excludes quarries, aggregates, and artisanal mining.

Currently Serving
AUSTRALIA
CANADA
~2,000
mining companies in current jurisdictions
Australia + Canada: already covering 72% of the world's public mining companies.
Addressable Market Opportunity
Subscription revenue potential · $499/seat · avg 5 seats per company
$600M
TAM: 20,000 Mining Companies · 141 Countries
$60M
SAM: Australia + Canada · Current Coverage
$12M ARR
SOM: Year 3 Target · 2% Penetration
TAM: 20,000 companies x 5 seats x $499/mo = $600M addressable subscription revenue
SAM: ~2,000 companies in AU + CA (current data coverage jurisdictions)
SOM: 400 companies x 5 seats x $499/mo. 85% of mining companies have zero digital intelligence tools today
3-Year Projections

Based on average $30K/year per company (5 seats at blended pricing). 20,000 addressable mining companies globally, currently serving 1,809 in Australia + Canada.

Avg Revenue/Company
$30K/yr
5 seats at blended rate
Addressable Market
20,000
Mining companies globally
Current Jurisdictions
AU + CA
1,809 listed companies
Churn (worst-case)
3.5%/mo
~34% annual, deliberately conservative
ConservativeOrganic only, AU + CA
Base CaseMarketing + 1-2 partnerships
AggressiveOutbound, conferences, enterprise
Company Growth & ARR
MetricConservativeBase CaseAggressive
Year 1
Companies154080
Total Seats75200400
MRR$37K$100K$200K
ARR$450K$1.2M$2.4M
Year 2
Companies40120200
Total Seats2006001,000
MRR$100K$300K$500K
ARR$1.2M$3.6M$6M
Year 3
Companies80200400
Total Seats4001,0002,000
MRR$200K$500K$1M
ARR$2.4M$6M$12M
ARR Trajectory
$12M $9M $6M $3M $0 $450K $1.2M $2.4M $1.2M $3.6M $6M $2.4M $6M $12M Year 1 Year 2 Year 3
Conservative
0.4%
80 companies · Y3 penetration
Base Case
1%
200 companies · Y3 penetration
Aggressive
2%
400 companies · Y3 penetration
Total TAM
20K
Mining companies · 141 countries
Y3 Conservative
$2.4M
80 companies · 400 seats
Y3 Base Case
$6M
200 companies · 1,000 seats
Y3 Aggressive
$12M
400 companies · 2,000 seats
Methodology: Average $30K/year per company based on 5 seats at blended pricing across Junior ($499/seat), Mid-Tier ($449/seat), and Enterprise (custom) tiers. Churn modelled at 3.5% monthly gross (~34% annual), deliberately worst-case. Pure B2B SaaS typically sees 5-10% annual churn. We use the higher figure so projections survive scrutiny. Conservative assumes organic growth in AU + CA only. Base Case assumes moderate marketing plus 1-2 channel partnerships and geographic expansion. Aggressive assumes active outbound, conference presence, and enterprise agreements across multiple regions. All scenarios target less than 2% of the 20,000 addressable mining companies across 141 countries. Currently serving Australia + Canada with ~2,000 mining companies.
The Raise

Raising $1.5M

To convert inbound pipeline into paid seats, hit $1.2M ARR in 12 months, and expand coverage.

Annual Budget
Founder $120K
Senior Engineer $130K
BDM #1 $120K
BDM #2 $120K
Infrastructure $40K
Travel & Conferences $30K
Legal & Compliance $15K
Software & Tools $15K
Annual Total ~$590K/year
$1.5M provides 2.5 years of runway. Base case reaches profitability before capital is fully deployed.
45%
Product + Engineering

First engineering hire. Scale the data moat. Expand AI agent layer.

45%
Sales + BD

2 BDMs selling direct to mining companies. Conference presence.

10%
Operations + Infrastructure

Servers, legal, tools. Geographic expansion into new jurisdictions.

Mining's first intelligence platform

68 million records. 9 product modules. Australia + Canada. Zero competitors.

Invest in Mine Market Try the Platform

minemarket.ai · katika@minemarket.ai · LinkedIn