Many people with a keen interest in gold and silver will often land a job in the precious metal industry. Ewan Downie is a core example of this growth, as he is currently the President and CEO of Premier Gold Mines Limited.
Who is Ewan Downie?
A gold bug pur sang, Ewan Downie has always been interested in precious metals. Not only is he the CEO of a major gold company today, but he also has over 25 years of experience in mineral exploration and mining Knowing the precious metals industry inside and out can often give very intriguing insights, as well as pave the way for success further down the line.
Many years ago, Downie founded Wolfden Resources Inc. It is this company that eventually became Premier Gold Mines Limited, which also explains why he is both the company’s President and CEO. These are not the first firms he held high positions at, as Ewan was also the head of nearly a dozen other firms throughout his career. All of these firms have some interest in precious metals, whether it be gold, silver, or even copper.
Since leading Premier Gold Mines Limited since 2006, the company has gone through major growth. Its stock is also trading publicly, further validating its approach to gold and silver. Currently aged 52, Downie still has many years to go before he will bid the precious metals industry farewell.
An Overview of Premier Gold Mines
Building up a successful company in the precious metal industry is no easy feat. For Premier Gold Mines Limited, it has been a matter of providing support in key areas. Exploration, development, and production are its three main components at this time.
With a focus on both gold and silver, the company has expanded its reach across the United States, Canada, and Mexico. Several active mines are either wholly owned or partially owned by the company. With its headquarters in Thunder Bay, Canada, the company continues to move forward despite the ongoing coronavirus pandemic.
A Bright Future for Gold and Silver?
Based on the current market sentiment, it is evident that the top precious metals remain incredibly bullish. Both silver and gold have seen a big dip and equally quick recovery over the past few months. Analysts remain hopeful that gold will hit $2,000 per ounce or more before the year comes to a close. For silver, a price of $20 or more is within the realm of possibilities as well.