By Jamie Hyland, MiningIR
BEAVER CREEK, CO – Day two of the 2026 Precious Metals Summit Beaver Creek brought mining companies and investors back to Beaver Creek Village for a full schedule of presentations and meetings. Registration opened at 7 a.m. at Gerald R. Ford Hall, followed by breakfast before company presentations began in Heritage Hall at 8 a.m. With two rooms running throughout the day, delegates could move between gold, silver and copper stories at different stages of development.
GR Silver Mining opened Room 2’s program with its Plomosas silver project in Mexico’s Sinaloa state. The company’s district includes the San Marcial area and former underground mining operations, giving investors both exploration targets and a history of mining to consider. At 8:45 a.m. in Room 1, Omai Gold Mines brought the discussion to Guyana and its past producing Omai property, where the scale of the gold resource makes future development a central question.
At 9:30 a.m., Vizsla Silver presented its Pánuco silver and gold project in Sinaloa. The three morning selections offered a useful range of opportunities: exploration across an established silver district, the potential redevelopment of a former gold mine, and the advancement of a major silver and gold project. Their brief presentations set up the more detailed conversations taking place in one on one meetings throughout the summit.
The afternoon program brought copper into sharper focus. Hot Chili, scheduled for 1:30 p.m., highlighted its Costa Fuego copper and gold project in Chile. Later, Erdene Resource Development turned attention to Mongolia’s Khundii Minerals District and the Bayan Khundii gold mine. A map in Erdene’s presentation placed the company’s work within the wider Central Asian Orogenic Belt, underscoring the district exploration opportunity beyond a single deposit.
At 4:45 p.m., Mundoro Capital CEO Teo Dechev presented a different model for finding mineral deposits. Mundoro assembles exploration prospects and works with partners that fund programs while the company retains interests in potential discoveries. It was a distinct closing example after an afternoon that ranged from advancing a large copper project to exploring for additional deposits across a mineral district.
Frank Giustra on gold, copper and building mining companies
The day’s 5:15 p.m. keynote featured Frank Giustra in conversation with Paul Harris. Giustra argued that gold’s rise should be considered in the context of changes to the global monetary system, pointing to central bank purchases and efforts by some countries to conduct trade outside the U.S. dollar system. He presented a possible dollar crisis as a longer term risk, rather than an event with a set date.
Turning to copper, Giustra described pressure on both supply and demand. Developing large new mines takes time, he said, while electrical grids, data centres, defence spending and other industries require more copper. He argued that major mining companies may eventually need to acquire substantial deposits discovered by juniors as they look for future sources of production.
The conversation then moved to Copper Giant Resources and its Mocoa copper and molybdenum project in southern Colombia. Copper Giant reports a 1.12 billion tonne inferred resource and is targeting a preliminary economic assessment in the fourth quarter of 2026. Giustra described Mocoa as a potential district scale opportunity and discussed a possible future sale to a major miner or a strategic partnership. He stressed that finding, developing and building a large porphyry mine involves long lead times. He gave no specific number of years for bringing Mocoa, or a comparable mine, into production. His separate reference to the next five to 10 years concerned his forecast for the copper supply deficit.
Asked what he looks for in a mining investment, Giustra put management first. Even a strong asset can suffer from poor decisions about financing or development, he said. He also weighs grade, size, infrastructure and political conditions. His account of assembling the people and capital behind past mining ventures offered a practical closing thought for the conference: a promising deposit needs a capable team and a credible path forward.
Giustra also held up a copy of his forthcoming memoir, The Money Dilemma: My Unlikely Path to Wealth, Philanthropy, and Peace. The book traces his career in finance and mining alongside his later work in philanthropy. He told the audience it is available for preorder and is scheduled for release on November 3, 2026. Giustra added that he is writing a separate book about gold, which he expects to publish next year.
After the keynote, delegates continued their conversations at the 6 p.m. cocktail reception in Crooked Hearth, sponsored by Marsh.
