What Infomine does

Infomine, operating as Costmine Intelligence, is a privately held information and technology company that provides mining cost data, cost estimation models, and market intelligence to the global mining industry. Legal entity InfoMine USA, Inc., founded in 1989 and headquartered in Spokane, Washington, the company has accumulated more than four decades of proprietary mine cost data through long-standing relationships with equipment suppliers, manufacturers, and industry specialists. Its products serve mining producers, mining-focused investors and financial analysts, mining engineers and consultants, environmental and permitting firms, and mining HR and operations personnel across the full mine lifecycle from early-stage development through closure.

The company's product portfolio is anchored by the proprietary SHERPA methodology, a suite of engineering-based cost models covering surface mining (SHERPA Surface), underground mining (SHERPA Underground), mineral processing (SHERPA Mineral Processing), reclamation (SHERPA Reclamation), and financial viability (SHERPA Apex). These models are complemented by reference cost databases including the Mining Cost Service, Equipment Cost Service, Reclamation Cost Service, Mine Labor Service, Gold Heap Leach Costs, and Coal Cost Guide. The Mining Intelligence platform provides real-time market, financial, and property data on global mining assets, while the Equipment Cost Calculator enables project-level equipment cost estimates. In 2026, the company launched WOODY, a new mine cost analysis platform delivering bottom-up cost profiles across thousands of global mining assets with daily data updates, built on the SHERPA methodology and adding a data-scale layer to the company's product surface.

Infomine generates revenue primarily through annual or multi-year subscription contracts for access to its databases, platforms, and modeling tools, supplemented by professional consulting services for specialized cost analysis. The company employs a sales-led B2B enterprise motion targeting mining professionals, with lead generation supported by participation in major industry conferences (PDAC, CIM, SME, AEMA, LME Week, ASRS), an Insights blog, email newsletters, and active social media presence. Pricing is quote-based and not publicly disclosed. The company is positioned within The Northern Miner Group media ecosystem, which provides industry visibility and distribution leverage.

Name

Infomine

Legal name

InfoMine USA, Inc.

Website

https://infomine.com

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

51–100 employees

Short description

Infomine (operating as Costmine Intelligence) is a private mining information and technology company providing proprietary cost databases, the SHERPA suite of mine cost estimation models, and the Mining Intelligence global property database to mining producers, investors, engineers, and consultants worldwide.

Ownership category

akta.pro rank

Product category

Mining Cost Intelligence & Analytics Software

akta.pro primary industry

Mine Surveying & Geospatial Services (Survey, Drone/LiDAR, GIS, Grade Control) (IMAKAKAK)

Keywords

• Mining cost data
• Mine cost estimation
• Mining intelligence
• Mining property database
• Mine economics analytics

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Others

Revenue model

1. Subscription Access Services: Subscription-based access to proprietary mining cost databases, analytics platforms, and estimation tools including Mining Cost Service, Equipment Cost Service, Mining Intelligence, and SHERPA models. Recurring revenue from annual or multi-year subscription contracts.
2. Professional Consulting Services: Consulting services offered through their consulting division for specialized mining cost analysis and project evaluation.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels9 records

Core offering

Infomine (dba Costmine Intelligence) sells subscription-based mining cost data, analytics platforms, and intelligence services for the mining industry. Its core offerings are the SHERPA suite of mine cost estimation models, the Mining Intelligence global property and market database, and the new WOODY cost analysis platform, complemented by specialized cost services covering equipment, labor, reclamation, gold heap leach, and coal operations.

Product overview

Costmine Intelligence offers a platform-plus-modules architecture centered on mining cost estimation and intelligence. The core portfolio includes the SHERPA suite of mine cost estimation models (SHERPA Surface, Underground, Mineral Processing, Reclamation, and Apex), complemented by specialized cost services (Mining Cost Service, Equipment Cost Service, Reclamation Cost Service, Mine Labor Service, Gold Heap Leach Costs, Coal Cost Guide). The Mining Intelligence platform provides real-time market and property data for investment decisions. WOODY is the newest addition, a mine cost analysis platform built on SHERPA methodology that delivers bottom-up cost profiles across global mining assets with daily data updates. The Equipment Cost Calculator enables project-level equipment cost estimates. Together, these products serve analysts, investors, mining professionals, and planners across the mine planning lifecycle from early-stage development through closure.

Differentiator

Problem solved

Functional benefit

Brands

• SHERPA: Mine cost estimation solution for financial evaluation and reclamation
• SHERPA Surface
• SHERPA Underground
• SHERPA Mineral Processing
• SHERPA Reclamation
• SHERPA Apex
• WOODY
• Mining Intelligence
• Mining Cost Service
• Equipment Cost Service
• Reclamation Cost Service
• Gold Heap Leach Costs
• Mine Labor Service
• Coal Cost Guide
• Equipment Cost Calculator

Products and services

• SHERPA Comprehensive mine cost estimation solution providing data, models, and algorithms to calculate operating and capital costs at every stage of the mine life cycle, from financial evaluation through reclamation. Used by analysts, engineers, and mining professionals across producer, investor, and consulting organizations.
• Mining Cost Service Industry's premier reference for mine cost estimation, providing precise cost estimating data for mining, milling, and G&A operations to support financial evaluation, operating cost estimates, and budgeting across mining projects.
• Equipment Cost Service Provides up-to-date costs for mobile and plant equipment including rebuilds and operating costs, used by mining operations for budgeting and replacement planning across multiple sites.
• Reclamation Cost Service Provides defensible closure cost data for permitting and benchmarking across jurisdictions when updating closure plans for mining operations.
• Mine Labor Service Provides wage benchmarking data across job categories, mine types, and regions for workforce planning and compensation strategy alignment at mining operations.
• Gold Heap Leach Costs Specialized cost analysis service providing cost data for gold heap leach operations used by gold mining producers and investors evaluating heap leach projects.
• Coal Cost Guide Cost estimation reference providing cost data specific to coal mining operations for budgeting and project evaluation.
• Mining Intelligence Web-based platform providing real-time insights into market trends, financial data, and operational performance for mining investment decisions, including M&A activity tracking and a global property database used by analysts, investors, and business development teams.
• SHERPA Surface Subsurface of the SHERPA suite providing cost estimation model for surface/open-pit mining operations, used to generate operating and capital cost estimates for early pit development and beyond.
• SHERPA Underground Subsurface of the SHERPA suite providing cost estimation model for underground mining operations, enabling comparison of mining methods and development strategies across multiple phases.
• SHERPA Mineral Processing Subsurface of the SHERPA suite providing cost estimation model for mineral processing flowsheets, enabling scoping studies that test different flowsheets and processing options including grind size and recovery.
• SHERPA Reclamation Subsurface of the SHERPA suite providing cost estimation model specifically for mine closure and reclamation planning across jurisdictions.
• SHERPA Apex Subsurface of the SHERPA suite providing financial viability evaluation with cash flow modeling and sensitivity analysis capabilities for testing production rates, capital schedules, and commodity prices in mining projects.
• Equipment Cost Calculator Web-based tool for running consistent and defensible equipment cost estimates across projects, with adjustments for fuel, labor, and region used by contractors and engineering firms.
• WOODY Newest mine cost analysis platform delivering detailed, bottom-up cost profiles across thousands of global mining assets using real-world inputs like equipment, labor, and consumables grounded in SHERPA methodology. Features daily data updates and a transparent, engineering-based approach for analysts, investors, and mining professionals.

Quantifiable outcome

• Reduces weeks of work when comparing mining methods and development strategies
• +1 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Scale indicators3 records

Recent moves4 records

Expansion highlights5 records

Broad incumbents

• Datamine: Mining software vendor offering resource estimation, mine planning, and operational analytics. Overlaps with SHERPA's cost estimation capabilities through integrated mine planning workflows used by mining engineers and consultants.
• CSA Global: Mining consulting firm specializing in resource estimation, project evaluation, and due diligence. Competes indirectly through its consulting practice that uses cost estimation tools and overlaps with Costmine's professional services offering.
• SRK Consulting: Global mining consulting firm providing resource estimation, geotechnical, and project advisory services. Adjacent to Costmine's offerings through its involvement in scoping and pre-feasibility studies where SHERPA tools are also deployed.
• Behre Dolbear: Long-standing mining consulting firm offering operational and project advisory services. Overlaps with Costmine's consulting division on cost analysis and project evaluation but operates more broadly across technical and operational mining consulting.

Direct peers

• Metals Focus: Specializes in precious metals supply/demand analytics, cost analysis, and forecasting for gold and silver markets. Overlaps with Costmine's Gold Heap Leach Costs and broader mining cost services for precious metals producers and investors.
• Wood Mackenzie: Provides mining asset valuations, cost curves, and project economics research through its Lens subscription platform. Competes directly with SHERPA and Mining Intelligence, especially for investment-grade mining analysis and resource sector due diligence.
• S&P Global Commodity Insights: Owner of SNL Metals & Mining, providing mining property data, company financials, and operational intelligence globally. Directly competes with Costmine's Mining Intelligence platform and offers overlapping cost benchmarking for enterprise mining customers.
• Mining Data Online: Database of mining projects, properties, and exploration-stage companies globally. Competes with Mining Intelligence's property database offering, particularly for investors and analysts screening mining opportunities and tracking M&A activity.
• Mining Journal Intelligence: Mining intelligence platform from Aspermont covering project data, company financials, and industry analysis. Provides similar subscription-based intelligence services to mining investors and corporate development teams that Costmine's Mining Intelligence serves.

Emerging players

• K2fly: Mining data management and ESG software vendor focused on tailings, land management, and resource governance. Intersects with Costmine's intelligence layer at the asset data and ESG/reclamation dimension, particularly relevant for regulated mining operations.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xtwitter.com/costmineintel
• YouTubeyoutube.com/@CostmineIntel
• Facebookfacebook.com/CostmineIntel
• LinkedInlinkedin.com/company/costmineintel
• Instagraminstagram.com/costmineintel

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Infomine