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The executives building fortunes from gold's dazzling run

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On Tuesday morning, Champagne corks were popping across Perth.

A bevy of gold mining executives watched as the price of the precious metal soared to a record $1981.27 per ounce, fuelling a spectacular rally in share prices that has left several nursing paper windfalls of more than $100 million.

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Julie-anne Sprague co-edits our Rich Lists and covers entrepreneurs, wealth creation and investments. A senior journalist in our newsroom, Julie-anne has covered politics, property, agribusiness, retail and stockmarkets in both the UK and Australia. Connect with Julie-anne on Twitter. Email Julie-anne at jsprague@afr.com
Robert writes on companies and markets. He is a former New York and Shanghai correspondent, and has worked in Hong Kong. Email Robert at robertguy@afr.com.au

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    Original URL: https://www.afr.com/companies/mining/the-executives-building-fortunes-from-gold-s-dazzling-run-20200731-p55h8w