This interview was filmed on September 13, 2021.
After a lackluster summer and a price decline below the US$1,800 per ounce level last week, more investors are beginning to feel frustrated with gold’s performance.
Mining industry veteran Ross Beaty, who is chairman of Equinox Gold, remains as bullish as ever on the yellow metal, but said he’s surprised its price isn’t higher.
“I’m among the disappointed ones — I’m surprised gold’s not over US$2,000 right now,” he said. “I don’t know what it should be at, but I think it should be higher than it is.”