Is it Possible for an Ordinary Person to Establish a Mining Business?

A question that mining business consultants often encounter is the one as to whether it is possible for an ordinary person to establish a mining business. This question is borne of the commonly-held view that only people who are ‘well-connected’ can establish mining businesses. So, in other words, the question is as to whether it is possible for an ordinary, ‘non-connected’ person to establish a mining business.

The simple answer to the question is in the affirmative: that, yes, it is indeed possible for an ordinary person to establish a mining business. But there are several other considerations that come into play. When all is said and done, whether or not an ordinary person will be able to establish a mining business depends on what mineral we are looking at, what scale of mining we are looking at, and where the mining is to be done. An ordinary person may struggle to get a chance to engage in the mining of the strategically important minerals, like uranium or cobalt. He or she may struggle to engage in very large-scale mining projects or to engage in mining in certain countries where there are political intricacies to be dealt with.

When it comes to small-scale mining of non-sensitive minerals in non-sensitive locations, pretty much anybody can get started. That is just the way pretty much anyone can buy the best in ear headphones for the gym. Or is just the way pretty much anyone can buy over-ear stereo headphones. But then, not everybody can be allowed to buy a radar system or a submarine system.