Richard Campbell

Richard Campbell spent thirty-five years in gold mining before analyzing precious metals companies as an investor, giving him unparalleled operational expertise. Starting as a geologist exploring for gold in Nevada, Richard worked his way through mining engineering roles to eventually serve as COO of a mid-tier gold producer. His career spanned the full mining lifecycle—from grassroots exploration through feasibility studies to operating mines. After retiring from operations, Richard obtained his CFA charter and launched a research service focused on gold and silver miners. He excels at evaluating mine quality, understanding all-in sustaining costs, assessing reserve life, and identifying which mining companies have superior assets and management teams. Richard was skeptical of overvalued developers with questionable economics while identifying undervalued producers with improving cost profiles. His analysis examines gold price drivers, mine-level economics, exploration potential, and geopolitical risks facing miners in different jurisdictions. He understands that precious metals mining is capital-intensive, cyclical, and fraught with execution risk—many announced projects never get built profitably. Richard also tracks silver mining, often a byproduct of base metals production. Based in Reno, Nevada, he's positioned in a major gold mining region while analyzing global precious metals producers.