Mining partnerships have often been promoted as opportunities for meaningful collaboration between corporations and Indigenous communities. However, these partnerships frequently lack a nuanced understanding of the colonial assumptions that underpin power imbalances and divergent perspectives. This study addresses this gap by examining how a multinational mining corporation, Indigenous communities, and non-governmental organizations (NGOs) representing these communities (de)legitimize their mining partnerships within the framework of global stakeholder colonialism in Australia and Mongolia. The study shows how stakeholder colonialism coerces Indigenous communities into accepting a social reality where mining is inevitable, either with or without partnerships. This dynamic reflects the hegemonic power of mining corporations, which is sustained not by a balance of coercion and consent but by discursive coercion without consent. This implies that there is a failure of this hegemonic power to fully establish itself, opening the door for subaltern resistance and counter-hegemonic struggles by Indigenous peoples. By highlighting Indigenous perspectives that challenge the prevailing managerial views in mining corporations, this study disrupts the corporate narrative that portrays the sole social objectivity where mining is inevitable. Instead, it advocates for a more nuanced understanding that goes beyond a simplistic view of mining partnerships as either naïve democratic deliberation or fatalistic stakeholder colonialism.