Auric Axis · Practice

Two sectors. One apparatus.

Equipment disposition and procurement across mining and oil and gas. Operators, court-appointed receivers, secured lenders, and trustees on the same standards across both.

Mining

Mill, fleet, processing, balance of plant.

Long-lead capital equipment for developers approaching construction. Disposition advisory for receivers and lenders working distressed estates. Procurement for operators in restart and expansion contexts. Coverage spans gold, base metals, industrial minerals, and strategic minerals.

Mining practice →
Oil & Gas

Engines, turbines, processing, production support.

Asset disposition for distressed estates and post-process forgotten files. Procurement for operators in restart, expansion, and recommissioning contexts. Western Canadian roots with global engagement where deal economics support cross-border execution.

Oil and gas practice →
01 Mining Coverage and counterparties

Mining equipment, institutional standard.

Long-lead capital equipment for developers approaching construction. Disposition advisory for receivers and lenders working distressed estates. Procurement for operators in restart and expansion contexts.

Mining engagements run across the full equipment universe a producer touches in its operational lifecycle. Mill equipment for grinding circuits. Mining mobile fleet for the pit. Processing equipment for the recovery flowsheet. Balance-of-plant infrastructure for power, water, tailings, and site services. Coverage spans gold, base metals, industrial minerals, and strategic minerals including lithium, rare earths, and uranium where the equipment categories and disposition channels match the firm's apparatus.

The procurement-side work concentrates on situations where operators are deciding between long-lead OEM new build and verified used equipment. At current commodity prices, the time-to-production economics make verified used the structurally rational decision on selected equipment classes. The disposition-side work concentrates on situations where mining operators, receivers, or lenders need to convert physical equipment to recovery dollars at institutional standard.

Mill

Grinding and crushing

SAG mills, ball mills, rod mills. Cone, jaw, and gyratory crushers. Drive systems and motor configurations.

Mobile fleet

Production iron

Haul trucks across major-OEM size classes. Hydraulic excavators, wheel loaders, dozers, drills. Underground equipment from care and maintenance estates.

Processing

Recovery flowsheet

Flotation cells, leach tanks, CIL circuits, thickeners, filters. Screens and conveyors. Ore handling and reagent systems.

Balance of plant

Site infrastructure

Power generation, water treatment, tailings handling, fuel and reagent storage. Auxiliary systems that affect commissioning timelines.

Counterparties

Mining issuers in active capital programs. Operators in restart and expansion. Court-appointed receivers managing distressed estates. Monitors and trustees in CCAA proceedings. Secured lenders. Engineering and financial advisors working alongside the firm.

Source apparatus

NI 43-101 technical reports. SEDAR+ continuous disclosure. Provincial mining regulator records. Court records on receivership and CCAA proceedings. Provincial mineral title and surface rights records.

02 Oil & Gas Coverage and counterparties

Western Canadian roots. Global engagement.

Asset disposition for distressed estates and post-process forgotten files. Procurement for operators in restart, expansion, and recommissioning contexts. The deepest read is Western Canadian; engagement extends globally where the deal economics support it.

The firm's oil and gas reading apparatus is calibrated against the Western Canadian regulatory record because that is where the data runs deepest and most granular. Selective international engagement extends the same standards to cross-border situations where Canadian operators have international equipment, where international operators have equipment that fits the firm's buyer-side network, or where the deal economics support the additional jurisdictional research.

The disposition-side work concentrates on suspended facilities with operational equipment, post-SISP forgotten files where the going-concern process closed without a transaction, receivership files where equipment-track separation produces cleaner outcomes, and operator-direct dispositions where the operator wants channel optionality. The procurement-side work concentrates on operators in restart, expansion, and recommissioning contexts where new-build OEM lead times are widening and where verified used inventory exists in the supply universe.

Reciprocating engines

Natural gas generation

CAT 3500 series. Waukesha VHP. Cummins QSV. Jenbacher. Enclosed packages and skid-mounted configurations across the operational megawatt range.

Industrial gas turbines

Power and compression

Solar Mars and Solar Titan classes. GE LM frames. Generator drive and mechanical drive configurations across midstream and oil sands applications.

Processing

Gas plants and facilities

Compression packages. Separators, dehydrators, sweetening units, glycol units, refrigeration packages. Gas plant balance of plant.

Injection and pumps

Production support

High-pressure injection pumps including Sulzer units. Water handling systems. Specialty production support equipment.

Counterparties

Operators evaluating disposition strategy on suspended or surplus facilities. Operators in restart, expansion, or recommissioning. Court-appointed receivers managing distressed estates. Trustees in complex insolvency files. Secured lenders. Financial advisors to receivership and SISP processes.

Source apparatus

AER OneStop. Petrinex. AER Directive 088 LCA factors. AER Directives 011 and 020. AER compliance enforcement publications. Court records, SISP processes, OSB filings.

03 Receivership A defined practice area

Documentation to court standard.

Receivership engagement is a defined practice area. The firm engages on SISP timetables, produces documentation that meets court reporting standards, and supports receivers on equipment-track separations from going-concern processes.

Receivership work is structurally different from operator-side advisory. Engagements run under fixed-scope letters with confidentiality and conflict-check protocols appropriate to fiduciary work. Documentation is suitable for court reporting on disposition strategy, equipment recovery analysis, and channel selection rationale. Timelines respect the receiver's published process schedule.

The firm engages on equipment-heavy estates where the going-concern process has closed without transaction and the equipment track is moving into formal disposition. Receivership files where surface equipment can be separated from the licence-stack track to produce cleaner cash conversion ahead of the longer-cycle wells and licences workstream. Distressed industrial estates where the receiver needs documented disposition strategy options rather than a single channel commitment.

Conflict checks run before any engagement letter is signed. Engagements that present unresolvable conflicts are declined at intake. References for receivership work are furnished privately to qualified counterparties.

04 Cross-Sector What travels between sectors

One firm. Both sectors.

Mining and oil and gas are different sectors with different equipment categories, different regulatory frameworks, and different buyer pools. The firm serves both because the underlying work is the same. The buyer-side network includes channels that operate across both sectors and channels that specialize in one. The firm's value is selecting the right channel for the equipment, not defaulting to a single-sector relationship.

The cross-sector posture matters for counterparties whose own portfolios span sectors. Junior issuers with diversified holdings. Lenders with industrial collateral across multiple sectors. Receivers running concurrent files in different sectors. Engineering firms with mixed-sector practices. The firm engages on each file with sector-specific authority while maintaining the cross-sector institutional posture that travels with the brand.

Engage

Two-business-day response. Under confidentiality.

Engagements run under fixed-scope letters with conflict checks at intake. The firm's buyer-side network produces outcomes that single-channel relationships cannot reach.

Engage Auric Axis → References furnished privately to qualified counterparties