- The annual Precious Metals Summit at Beaver Creek is marking its 10th anniversary with its usual select slate of mining industry interests in an online format designed to be health-conscious amid the ongoing COVID-19 pandemic
- The conference began its three-day lineup of more than 250 company presenters, which began Tuesday, Sept. 15, concluding Sept. 17
- The Beaver Creek Precious Metals Summit is a by-invitation event that brings together significant investors and corporate executives with some of the world’s most prospective junior miners
- Concerns about the pandemic’s impact on economies worldwide have been accompanied by increased interest in gold and other precious metals, making the conference timelier than ever
The 10th annual Beaver Creek Precious Metals Summit launched Tuesday, Sept. 15 with a three-day lineup of over 250 mining companies presenting on their operations within a pandemic-excited market for gold, silver, and other key ores (http://ibn.fm/V2dPn).
The 2020 Precious Metals Summit Beaver Creek (Virtual) is one of the year’s key conferences in the sector, bringing together a by-invitation community of institutional investors, sell-side representatives and corporate executives from senior precious metals companies to meet and network with some of the world’s most prospective junior producers, explorers and developers.
Although the COVID-19 pandemic and ongoing corporate travel restrictions have impacted the business summit network, Beaver Creek is experienced in developing virtual contacts through webcasts. Last year’s summit at the Beaver Creek Resort in the Rockies west of Denver drew 14,332 webcast viewers during the week of the summit and another 14,434 individuals the following week (http://ibn.fm/H9vU0).
The 2019 summit included more than 400 buy-side delegates, and the average number of meetings per mining company jumped from 25 to 34, according to event organizers.
Kitco News reported recently that financing tracker Oreninc has noted some “exceptional” weeks for juniors this year as they’ve raised funds on the back of higher precious metal prices and easy access to capital. Those trends have accompanied economic battering by the worldwide contagion as it has led to huge job losses and restrictions on businesses’ in-person operations.
“[Juniors] have raised a lot of cash in the last few months. Everybody’s excited about the higher gold price,” Resources Opportunities podcast editor James Kwantes told Kitco (http://ibn.fm/ud2dm). “It will be interesting to see what happens when all the holds come off in the four-month paper. … Financings typically have a four-month hold placed on them. So if you buy into a private placement, you can’t do anything with the stock for four months. Typically, the company will try to generate news or hopefully make a deposit — make a discovery.”
The dozens of companies participating in this year’s Beaver Creek virtual summit will be available to participate in one-on-one meetings with qualified investors and corporate development teams.
The summit helps monied interests identify emerging growth companies with the potential for high returns in the future. The keynote and company presentations conclude Thursday, Sept. 17 with a panel discussing lessons learned from resource investing in a pandemic.
For more information visit the event’s website at www.PreciousSummit.com.