This gold mining CEO was paid $75,000 every working day
Eldorado Gold CEO Paul Wright's $18.7 million pay package was mostly made up of bonuses, share options and a more than generous pension plan.
Frik Els , Editor
Frik has 20 years’ experience as a business journalist across a range of industries including automotive, technology and entertainment markets. Frik has an entry in Global Mining Observer’s Who’s Who of Mining 2018, and contributions to publications and conferences including Business Insider, Investing.com, Mines & Money London and New York, Vancouver Resources Investment, Progressive Mine Forum in Toronto and Canadian Mining Symposium in London, UK. He’s been interviewed on CBC Radio and Korea State TV and quoted in the Financial Post.
Posts by Frik Els:
Salvage company hauls 110 tons of silver from WW2 shipwreck
Odyssey Marine Exploration has now recovered 2,792 ingots weighing 80 pounds each from SS Gairsoppa torpedoed 300 miles off Ireland by a German U-boat in February 1941.
Africa’s no 1 iron ore mine expects market surplus this year
Iron ore to remain under pressure, but Chinese restocking could support price in near term.
Gold price vaults $1,300: Is this the start of the epic short squeeze everyone’s waiting for?
Bullion was ripping higher in Asian trade on Monday.
Shanghai ETFs flop, premiums plummet: China simply cannot absorb wave of gold selling
Chinese buying dry up before $1,300 an ounce.
The return of the great gold hedge
Gold lease rates are also soaring.
Megaproject moratorium lifted: BHP’s Jansen potash decision could be weeks away
And it's looking positive for what could become the world's largest fertilizer mine.
Buyers line up for Glencore Xstrata’s massive Peru copper mine
Bids for the three Las Bambas open pits which will also produce significant quantities of gold, silver and molybdenum as by-product are streaming in.
US Fed to review Wall Street banks metals business
US central bank reconsidering 2003 determination allowing banks to move into mining, processing, transportation and warehousing of metals and minerals.
Friday feeding frenzy for gold stocks
Is this the turning point for battered gold counters?
Top 50 mining companies power through Iran war – up $250 billion in 2026
The world’s 50 biggest mining stocks shrug off global turmoil, hitting a combined $2.4 trillion value in Q1, but the tide did not lift all boats.