3L Capital Inc. is seeking aResearch Analyst – Miningto support and expand its mining-focused capital markets platform.The ideal candidate will be a geologist, mining engineer, geological engineer, or technically trained mining professional with5–10 years of mining or exploration experienceand at least2 years of mining-focused equity research, investment research, or capital markets research experience.This role is intended for someone who can independently evaluate mining companies and projects, interpret technical and financial information, develop investment-focused research, and communicate mining sector insights clearly to internal stakeholders, issuers, and investors.About the RoleThe successful candidate will contribute to company analysis, sector commentary, investor materials, and technical due diligence while helping support and expand 3L Capital’s mining research capabilities.The role offers exposure to mining company management teams, institutional investors, exploration and development-stage issuers, mining conferences, site visits, and capital markets activity across precious metals, base metals, and critical minerals.Key ResponsibilitiesConduct research on mining companies across exploration, development, and production stagesAnalyze technical, operational, and financial information to assess project quality, risks, catalysts, and valuation driversBuild and maintain financial and operational models, including NAV, DCF, comparable company analysis, and sensitivity/scenario analysisPrepare research notes, company updates, sector commentary, investment summaries, and presentation materialsTrack commodity prices, mining news, financings, M&A activity, permitting updates, exploration results, and sector developmentsTranslate technical mining information into clear, investment-focused analysisParticipate in company meetings, mining conferences, technical due diligence, and site visits, where appropriateQualifications5–10 years of mining, exploration, geology,



geological engineering, mining engineering, or related technical mining experienceMinimum 2 years of mining-focused equity research, investment research, capital markets research, or similar analytical experienceDegree in Geology, Mining Engineering, Geological Engineering, Earth Sciences, Finance, or a related fieldStrong understanding of NI 43-101 technical reports, drill results, resource estimates, PEAs, PFSs, feasibility studies, mine plans, and project economicsExperience applying mining-specific valuation methodologies and financial modelling techniquesStrong writing skills, with the ability to produce explicit, concise, investment-focused researchProficiency in Excel and PowerPointExperience with Bloomberg, Capital IQ, FactSet, Refinitiv, or similar platforms is an assetCFA, P.Geo, P.Eng., GIT, EIT, or equivalent designation is an assetIdeal CandidateGeologist or mining engineer who has transitioned into mining equity research or investment analysisStrong technical credibility and ability to assess mining assets independentlyComfortable reviewing drill results, technical reports, resource estimates, and project economicsAble to build and maintain mining valuation modelsStrong writer who can turn technical and financial information into concise investment analysisCommercially minded, detail-oriented, and comfortable working in a fast-paced capital markets environmentCompensationSalary Range:C$120,000 – C$160,000 base salary, plus discretionary bonus.Final compensation will be based on experience, technical mining background, research experience, and overall fit with the role.LocationHybrid remote in Toronto, ON.This role is primarily remote; however, candidates should be available to attend the Toronto office occasionally as required.Employment TypeFull-timeExpected Starting DateJuly 15, 2026Optional Application MaterialCandidates may include a writing sample, prior research note, technical summary, or investment memo that demonstrates their ability to analyze mining companies or mining projects.#J-18808-Ljbffr

📌 Research Analyst - Mining - C$120,000 - C$160,000 A Year (Winnipeg)
🏢 3L Capital
📍 Winnipeg