Join Sprott Asset Management’s Edward C. Coyne, Senior Managing Partner, Global Sales, Maria Smirnova, MBA, CFA, Senior Portfolio Manager and Chief Investment Officer, and Justin Tolman, Senior Portfolio Manager and Economic Geologist, for a discussion on what’s driving gold and silver equities.
Sprott is a global asset manager focused on precious metals and critical materials investments. Spanning both public and private markets, the firm offers a range of strategies and products, including physical bullion trusts, mining ETFs, actively managed equity strategies, and private equity and debt strategies.
Smirnova serves as Lead Portfolio Manager of the Sprott Silver Strategy, Co-Portfolio Manager of the Sprott Global Gold Strategy, and Portfolio Manager of both the Sprott Active Metals & Miners ETF (METL) and Sprott Active Gold & Silver Miners ETF (GBUG). Tolman serves as Portfolio Manager for the Sprott Gold Equity Fund, Sprott Concentrated M&A Strategy, METL, and GBUG.
WEBCAST – The Miners Take the Lead: What’s Driving Gold & Silver Equities?
Gold and silver mining equities have outperformed the underlying metals year-to-date in 2026. The move may reflect improving operating margins, stronger free cash flow potential and growing investor interest in the operational leverage that miners can offer when precious metals prices rise. This growing divergence raises an important question for investors: Are miners beginning to lead the next phase of the precious metals cycle?
Join Smirnova, Tolman, and Coyne for a timely discussion on the drivers behind mining equity performance, the outlook for gold and silver markets, and how investors may position for the next stage of the cycle.
The webcast will cover:
- Why gold and silver miners have outperformed bullion and what history suggests about similar periods
- Whether mining equities are entering a new phase of leadership within the precious metals market
- The key macroeconomic and monetary drivers shaping precious metals through year-end
- Whether current supply constraints in gold and silver markets are temporary or structural
- Gold’s role as a monetary asset amid fiscal uncertainty and shifting central bank policies
- Silver’s dual role as both a monetary metal and a critical material essential to technology and electrification
- How investors can use mining equities alongside physical precious metals to build a more diversified allocation
Accepted for 1 CFP / IWI / CFA CE Credit