How Metal Pilot works
Where the data comes from, how the ratings are computed, how AI-assisted content is produced, and how to report a correction.
- Company and project data is compiled from publicly available primary sources: annual reports and statutory filings, technical reports (NI 43-101, SEC S-K 1300, JORC, SAMREC, PERC, PRMS/COGEH), MD&A and investor presentations.
- Data is presented as reported. Companies use different reporting systems and disclosure standards, so structure and granularity can vary between pages; Metal Pilot does not force-fit numbers the source did not publish.
- Each stock and project page states its data effective date ("As at …") and, where available, a last-updated date, so you can always tell which filing a figure belongs to.
- Company data is refreshed at least annually, in line with each company's annual report and related statutory filings.
- Timing follows the issuer's reporting calendar — for example, Canadian issuers typically publish annual results in late Q1, Australian issuers in early Q3. Updates are incorporated as disclosures become publicly available.
- A blank field usually means the company has not reported that detail (common for early-stage projects); in some cases data may also be missed during processing. Blank does not always mean unavailable.
- Every rated project is scored on the same per-commodity scale for production, resource base and grade, using fixed numeric bands benchmarked to industry norms (for example gold resource base: 1/5 below 1 Moz Au up to 5/5 at 10+ Moz Au).
- Bands are published openly — the full tables are on each stock page's Rating tab — so any score can be traced back to a disclosed figure and a fixed threshold. No subjective adjustments are applied.
- Attributable figures follow the company's working interest or royalty/stream rate, as disclosed; the attribution method used for each row is stated alongside the data.
- Metal Pilot uses artificial intelligence to parse, normalise, classify and summarise publicly available information about companies and projects — for example the company profile sections (overview, strategy, management, sustainability, structure, hedging), which cite their source filing.
- AI-assisted content may be incomplete or inaccurate. Pages carrying it say so, and every material figure should be verified against the issuer's official disclosures before acting on it.
- The platform is under active development; content and structure can change as coverage and processing improve.
- Spotted an error? Data corrections are welcome — use the contact page and include the company or project name and the source you are comparing against.
- Metal Pilot is an information platform, not investment advice. See the disclaimer for the full policy on ratings, AI-assisted content, data accuracy and liability.
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