Mining entrepreneur Ross Beaty believes that we are in the fifth inning of a gold bull market that likely goes into extra innings. In this interview, Ross provides commentary on the recent gold price action and discusses the significance of the silver to gold ratio. He also talks some about the operations and growth of Pan American Silver Corp. and Equinox Gold Corp. Ross addresses how the COVID-19 crisis has affected mining mergers and acquisitions. Furthermore, he shares about his investments in Lumina Gold Corp, Luminex Resources and Osino Resources.
Ross Beaty is a geologist and resource entrepreneur with over 45 years of experience in the international minerals and renewable energy industries. He is an internationally recognized leader in both non-renewable and renewable resource development, having founded and divested several companies. In addition to Pan American Silver, Ross is the Chairman of Equinox Gold Corp., a mid-tier gold producer.
0:00 Introduction 1:17 Gold price commentary 3:47 Significance of silver to gold ratio? 8:05 COVID-19 to continue to affect silver supply? 9:09 Status of PAAS world-class Escobal silver mine? 10:21 Equinox Gold’s continued production growth 13:41 How has COVID-19 affected mining M&A? 14:43 Lumina Gold and Luminex Resources investments 19:44 Osino Resources investment 23:07 We’re in the fifth inning of a gold bull market that likely goes extra innings
Show sponsor: https://luminexresources.com/ TSXV:LR OTC:LUMIF Luminex news release mentioned: https://luminexresources.com/site/assets/files/5412/2020-03-24-nr-lr-rt89nbf11q.pdf
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