Coverage
Calibrated permitting-risk forecasts for North American mining
Every mining project waits on permits. Investors, project owners, lenders, and the lawyers around them all need the same three answers: how long, how uncertain, and what makes it worse. Kestrel Economics forecasts when mining permit applications will be decided, publishes each forecast before the decision, and grades it against the decision the regulator actually renders.
What Kestrel publishes
Calibration
Scored in public
Analysis
Deep dives on the hard cases
Why this exists
Mining permits are bets. Most are made on instinct.
Project owners decide when to deploy capital. Investors take positions. Lawyers estimate timelines. Lenders price risk. They are all betting on the same unknowns: how long the permit takes, how much that could vary, and what could push it out.
Today those bets get made based on experience, on the last anecdote, on what someone at the ministry said over coffee. Kestrel builds the substantive answer in public. Every forecast shows its baseline and the factors that widen it. Every decision gets scored against the forecast that pre-dated it. Wins and misses both.
Offerings
Two ways to use the forecast.
Subscription
Mining permit forecasting: weekly report.
Every week, a written read on what moved in mining permitting and what it means for the forecast on each project in coverage. The current watchlist, the decisions that landed, and the named factors that have widened or narrowed the range. Ontario first, expanding as coverage grows.
Analyst tool
Coming soonMining permit forecasting: analyst dashboard.
A working surface for analysts who use the forecast day to day. Track a custom set of permits, see the forecast and the named factors behind it, export plots into your own decks and memos, and get an email when something material changes. In development; opens once the weekly report has built a public track record worth working from.