United Mining Guild

“At what point does ‘acceptable loss’ become unacceptable?”Dr. Helena Sarr


Overview

The United Mining Guild (UMG) is the largest mining corporation in known space, controlling the majority of substrate extraction operations across all Void Sectors.

HeadquartersStation Meridian-7
CEOAlexis Korr
Annual Revenue~3.4B credits (2406)
Employees4,000+ direct
Contractors12,000+ permitted
Substrate Market ShareDominant

Corporate Structure

Executive Board

PositionNameNotable
CEOAlexis Korr”Economic impact unacceptable”
CFODavid Okonkwo”Fiduciary responsibility”
VP OperationsSarah Chen”Can’t regulate individual risk”
VP Regulatory AffairsMarcus Veld”Acceptable loss ratio”
VP Contractor RelationsJin Park”Contractors accept the risks”
Chief Legal CounselYuki TanakaAbstained from safety vote
Director of SafetyDr. Helena SarrSole voice of dissent

Business Model

The Guild operates primarily through independent contractors:

  1. Permit System: Miners purchase extraction permits from UMG
  2. Solo Operations: Most substrate extraction is done by solo operators
  3. Risk Transfer: Contractors sign comprehensive waivers
  4. Profit Retention: Contractors keep 100% of yields (minus permit fees)
  5. Plausible Deniability: Guild isn’t liable for contractor losses

Financial Performance (Q4-2406)

  • Total revenue: 847M credits (+12% YoY)
  • Substrate sales: 441M credits (52% of revenue)
  • Operating margin: 23.4%
  • Permits issued: 12,447

Safety Record

Public Position

“Safe mining practices are everyone’s responsibility.”

“Current Guild safety record: 47 million work-hours without a Class-A incident.”

Private Reality

From leaked documents:

Incident Rate

  • 19 miners have vanished in 18 months
  • All during substrate extraction in Void Sectors
  • All under “standard protocols”
  • The Guild knows. They voted not to investigate.

The Sarr Vote

On 2407.01.15, Dr. Helena Sarr presented evidence of a pattern to the Executive Board:

  • 19 nearly identical incidents
  • Common factors across all cases
  • Black box timestamp anomalies in 73% of cases
  • Request for 2.4M credit safety review

The board voted 5-0 to deny her request.

Their Reasoning

Marcus Veld (VP Regulatory Affairs)

“We’re talking about a material that’s responsible for half our revenue. The economic value of substrate extraction is approximately 840 million credits per year. The cost of these incidents, tragic as they are, is nineteen lives and roughly 30 million in lost cargo.”

“From a risk-management perspective, that’s an acceptable loss ratio.”

Alexis Korr (CEO)

“We have a fiduciary responsibility to the Guild’s financial health. We employ 4,000 people directly. We support an ecosystem of contractors, suppliers, and service providers that represents tens of thousands of livelihoods.”


Cover-Up

The Guild actively suppresses information about substrate incidents:

Classification

  • Board meeting minutes: CONFIDENTIAL - BOARD MEMBERS ONLY
  • Incident report addendums: RESTRICTED ACCESS - LEVEL 3+
  • Incident pattern data: NOT DISCLOSED

Lobbying

From the board meeting:

“Guild has submitted formal objections [to new Void Sector regulations] citing operational burden and questionable scientific basis.”

The Guild is actively fighting regulatory oversight while miners continue to vanish.

Yuki Tanaka (Chief Legal Counsel)

“Independent contractors sign comprehensive waivers. They acknowledge the risks. Our insurance actuaries have reviewed the incident rate and confirmed we’re within acceptable loss parameters. We haven’t faced a single successful lawsuit from next of kin because the documentation is airtight.”


The Whistleblower

An anonymous Guild employee leaked the board meeting minutes to journalists, writing:

“I’ve worked for the Guild for eight years. I believed in the mission. Safe mining practices. Protecting workers. Industry standards.”

“I can’t be part of that anymore.”

If identified, the whistleblower faces:

  • Termination
  • Criminal charges (per Guild bylaws)
  • Potential “disappearance” (per their own assessment)

Current Operations

Despite the pattern of incidents, the Guild continues to:

  • Issue new permits for Void Sector operations
  • Expand into high-risk sectors (33-Mu approved for new operations)
  • Fight regulatory restrictions
  • Classify safety data

Their official recommendation remains:

“Substrate extraction permits remain valid. No operational changes recommended at this time.”


  • Board Meeting Minutes — The Sarr vote
  • [[incident-report-7743|Incident Report #7743]] — Example of Guild reporting
  • The Leak — Whistleblower exposure

See Also