Welcome to the Truth Below Ground research community

"A Gold Mine Is a Hole in the Ground with a Liar at the Top"

– Mark Twain

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If a gold mine is a hole in the ground with a liar on top, we help you to find that liar, we help you to find the Truth Below Ground. Join a community led by a world-renowned technical team, and read expert and multidisciplinary analysis of mining companies, exclusive insights, and high-impact risks and opportunities in the mining sector.

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“Rule No. 1 is never lose money.

Rule No. 2 is never forget Rule No. 1.”

–Warren Buffett

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Mining can be a highly lucrative sector to invest in, but it is full of risks and requires deep technical knowledge. With our innovative approach, a 360° service that brings all the key expertise under one roof, we offer a unique way to understand the risks and opportunities of the mining sector.

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A diverse and highly specialised team united by a shared passion for investing in the mining sector.

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Access high-quality, unbiased research crafted by mining and finance professionals. From macro trends to technical reports, we deliver actionable intelligence you won’t find in mainstream sources.

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What professionals say about us

Juan Cantus, Analyst at Cobas Asset Management

I particularly appreciated the technical analysis of the Geology, Mining, Metallurgy and Regulation/Permitting sections of the Sigma report. This is exactly what we look for at Cobas as a generalist value manager: a thorough review and in-depth analysis of the technical assumptions underlying mining projects. I believe you can add significant value for investors seeking exposure to the mining sector.

Adrián Godás, Consultant at FastMarkets

I found the Sigma report to be very, very good. There is no doubt that the team behind Truth Below Ground is top-tier. The mining sector will benefit from their independent and rigorous analysis.

Timothy Chilleri, Commodities Analyst

I have become a regular reader of Truth Below Ground since their launch. Their reports are a tremendous addition to my own research. Detailed and thorough reports getting to the core of what I care about, which is what’s the comprehensive risk/reward in this situation? I recommend it for investors who value third party independent research.

Aurora Davidson, CEO at Amerigo Resources

Truth Below Ground has done an excellent job capturing key points to understand about the copper market today. Their analysis is clear and grounded in real data. This report cuts through noise and provides practical insight for anyone trying to understand where the sector is headed.

Clics

Ignacio Salazar, Former CEO at Highfield Resources

Truth Below Ground provides rigorous, well-structured analysis on key industry topics, cutting through the usual noise and offering valuable context for investors and professionals.

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Basic Annual Membership

  • 10 deliverables / year
    • 8 Company analysis limited to risks and opportunities.
    • 2 Country and metals deep dive
  • Monitoring of companies under coverage
  • Access to the private forum
  • 1 monthly vote to choose a company
  • Access to purchase full individual analyses
  • Access to purchase votes: 5 votes for €100

    Price: € 599 / 12 months

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    Full Annual Membership

    • 12 deliverables / year
      • 8 Full company analysis, including a detailed analysis of the company in each discipline: mining, geology, metallurgy, management, risks and sustainability, finance and valuation.
      • 2 Country and metals deep dives
      • 2 Q&A sessions
    • Monitoring of companies under coverage
    • Audio summary of the companies
    • Access to the private forum
    • 5 monthly votes to choose a company
    • Access to purchase votes: 5 votes for €100

    Price: € 1499,00 / 12 months

    VAT not included

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