'Trusting the numbers': mineral prospecting, raising finance and the governance of knowledge

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    Mineral prospecting and raising finance for ‘junior’ mining firms has historically been regarded as a speculative activity. For the regulators of securities markets upon which ‘junior’ mining companies seek to raise capital, a perennial problem has been handling not only the indeterminacy of scientific claims, but also the social basis of epistemic practices. This paper examines the production of a system of public warrant and associated knowledge practices intended to enable investors to differentiate between ‘destructive’ and ‘productive’ varieties of financial speculation. It traces the use of the notion of ‘disclosure’ in constructing and legitimizing the ‘juniors’ market in Canada. It argues that though the work of ‘economics’ may be necessary in the construction of markets, it is by no means sufficient. Attention must also be given to the ways in which legal models of ‘the free-market’ can be translated and constantly re-worked across the sites and spaces of regulatory practice, animating the geographies of markets.

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    • 'Trusting the numbers': mineral prospecting, raising finance and the governance of knowledge

      Rights statement: Copyright 2014 The Authors This is the pre-peer reviewed version of the following article: Majury, N 2014, ''Trusting the numbers': mineral prospecting, raising finance and the governance of knowledge' Transactions of the Institute of British Geographers, vol 39, no. 4, pp. 545-558, which has been published in final form at http://onlinelibrary.wiley.com/doi/10.1111/tran.12044/abstract. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Self-Archiving.

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    DOI

    Original languageEnglish
    Number of pages14
    Pages (from-to)545-558
    JournalTransactions of the Institute of British Geographers
    Journal publication dateOct 2014
    Issue number4
    Volume39
    Early online date25 Oct 2013
    DOIs
    Publication statusPublished - Oct 2014

      Research areas

    • finance, Canada, knowledge practices, geographies of marketisation

    Research outputs

    ID: 5227670