Inside the Portfolios of Mining Billionaires — And What’s Working in 2025

In the high-stakes world of mining, it pays to follow the money — especially when that money belongs to billionaires who’ve made fortunes betting on the right rocks.

We’ve compiled a snapshot of what some of the most successful figures in the mining sector are holding in their portfolios right now — and how those positions are performing year-to-date in 2025.

This list includes heavyweights like:

• Richard Warke, known for blockbuster exits in copper and gold

• Pierre Lassonde, co-founder of Franco-Nevada

• Frank Giustra, the architect behind several mining booms

• The Lundin Family, with a dynasty spanning decades

• Robert Friedland, the ultimate wildcatter

• Ross Beaty, the “broken slot machine” of mining

• Ryan Beedie, who’s now stepping into the resource world with serious momentum

  
  

And the results? Some are crushing it — others, not so much.

Standout Winners

• BuildDirect (BILD) — Ryan Beedie’s pick is up a staggering +128.13% YTD, leading the pack. Not bad for a guy best known for real estate.

• Highlander Silver (HSLV) — Backed by both Richard Warke and the Lundins, HSLV has surged +115.00%, making it one of the hottest silver stocks in the market right now.

• Titan Mining (TI) — Another Warke-backed name, clocking in at +100.00%. Clearly, Warke’s touch is still gold (or silver… or zinc).

• Lundin Gold (LUG) — Up +70.21%, this is the crown jewel in the Lundin family’s gold empire.

• Cordoba Minerals (CDB) — A Friedland special, and it’s delivered +60.47% so far this year.

  
  

Underperformers & Acquisitions

Not every bet is printing money. Some big names have positions that are firmly in the red:

• Libero Copper (LBC) — Held by Giustra and down -35.71%

• Ivanhoe Electric (IE) — A Friedland venture, down -24.44%

• NGEx Minerals (NGEX) — Lundin-backed and down -9.37%

A few companies on the list, like Filo Mining, Bluestone Resources, Adventus Mining, and Lumina Gold, have been acquired — delivering exits instead of ongoing returns.

Key Takeaways

The billionaires are still betting big on gold, silver, and copper, with many placing chips on high-risk, high-reward juniors. But the divergence in performance shows just how volatile this sector can be — and how much timing matters.

For investors looking for inspiration — or confirmation — this watchlist offers a rare inside look at where the industry’s best are putting their money to work in 2025.