Metals & Mining Equity Research
Independent, Institutional-Grade Research on Mining Developers
First company coverage in Q4 2026.
In mining, developers are where the most value is created, and where it is most often mispriced, because research is thin or conflicted.
Mattiks closes that gap with sell-side-style coverage by a StarMine award-winning mining analyst — paid for by subscribers, built for subscribers.
What the research delivers
No pumping. No promotion. No financing deals. No trading. Just methodical, objective research.
Coverage
What subscribers receive.
- Initiating coverage reports. Full sell-side depth: the company, its assets, a transparent valuation, and a dedicated risk section.
- Ongoing coverage. Quarterlies, drill results, study updates, site visits and other material news, with valuation revised as the story changes.
- No cheerleading. We won't ignore the hurdles, or what knowledgeable investors want to understand.
Method
How the numbers are built.
- DCF-based valuation. The same cash-flow methodology applied to each key project, with details disclosed and sensitivities on the major inputs.
- Opinions, not summaries. Every assumption that differs from company guidance is backed by a stated rationale, drawing on experience covering both junior and senior miners.
- Direct work. Testing assumptions, timelines and delivery risk through engagement with management and site visits.
Independence
Why you can trust it.
- Paid only by subscribers. We receive no cash, fees, equity or warrants in exchange for coverage. Our only incentive is to provide the best research.
- Risk stated, not buried. A dedicated section on the major impediments to mine development, and the steps the company is taking to mitigate them.
- Coverage chosen on merit. We pick companies for the quality of their assets and people, their upside potential, and limited existing research coverage.
Questions? Email research@mattiks.com.
The analyst
David West, CFA
Every report published by Mattiks Research is completed by David West and carries his name. He spent seven years on the sell side as a mining analyst at a Vancouver-based resource-focused investment dealer, where he won two national Thomson Reuters StarMine awards, and three years as a VP, Investments at a private equity group with $4.5 billion under management. In total, he has more than 25 years in finance.
Mattiks brings a bank analyst's rigour to under-covered companies, without the pressure from sales, trading or corporate finance to win deals or promote the story.
Receive our research
Company reports, plus commodity and industry updates.
Complimentary while we launch, including full coverage on select companies. No spam, no promotion. Unsubscribe anytime.