Meet Dr. Sergei Diakov. Most investors have never heard his name, but global mining giants like BHP, Anglo American, and AngloGold Ashanti know exactly who he is. He helped uncover Oyu Tolgoi in Mongolia—one of the largest copper and gold finds in human history.
Oyu Tolgoi

Now, he’s spending his time poking around abandoned mine shafts in the Nevada desert and high up in the Andes. We asked ourselves, “why would a guy with a $500B win on his résumé be hunting again in junior mining?“
We tracked him down in the Nevada desert to find out.
Four Junior Mining Companies Dr Diakov Currently Likes.
The report also uncovers and gives a breakdown of the four junior exploration companies Dr. Diakov is advising or running right now, that may be unknown in most parts. So you have to be curious about that..
In mining, nobody can guarantee a discovery. But some geologists have earned the right to be followed closely. Dr. Sergei Diakov is one of them.
His career includes involvement with some of the world’s largest mining companies and, most importantly, a track record of identifying and advancing major mineral discoveries. That track record is why we pay attention when Sergei takes an interest in a property.
If you want to know who Dr. Diakov really is (smart idea), click on our biography piece below. If you want to follow his moves, subscribe to our newsletter.
Click Here for Mining Legends Report
HISTOGRAPHY ON DR SERGEI DIAKOV
And don’t miss chapter 4. Dr. Diakov’s Next Four “Shots on Goal”
Lightning doesn’t strike twice… unless you know where to look. Breakdown of the four junior exploration companies Dr. Diakov is advising or running right now in Utah, Nevada, Chile, and Argentina.
Related: Dr. Diakov’s BCM Resource Corp (B.V), We’re Up 137% in one Week!
Written by Dr. Diakov, the Discovery of Oyu Tolgoi:
$500 Billion Discovery Book
Discovery of Oyu Tolgoi: A Case Study of Mineral and Geological Exploration provides a detailed account of the exploration for copper deposits that took place in Mongolia in the mid-1990s, an exploration that was first started by Magma Copper and then continued by BHP Billiton World Exploration Inc., and which subsequently lead to the discovery of Oyu Tolgoi, a major metal mine.
This book commemorates the 20-year anniversary for the global mining industry, including details on exploration methods, the tools applied throughout the discovery, and how the applied models evolved over the course of the execution of the exploration program.
In addition, the book presents how the knowledge of the team evolved as they further understood the regional geology and the necessary geological conditions for a significant porphyry discovery.
What’s Inside the Report:
- Chapter 1: The Boy from Ukraine Who Learned to “Read Rock”
- How a young technician studying electrical wiring ended up with a PhD in Economic Geology from Moscow—and set off on a global hunt for hidden metal.
- Chapter 2: Playing in the Major Leagues ($87B+ Revenues)
- A fast-paced look at Sergei’s time with the biggest players in the business (BHP, Anglo American, AngloGold) and why he prioritizes worker safety just as much as massive gold deposits.
- Chapter 3: The $500 Billion Monster—How Oyu Tolgoi Almost Didn’t Happen
- The wild true story: How corporate bean-counters almost cancelled the project, how a legendary team kept the faith, and how a single drill hole changed a nation’s fortune forever.
- Chapter 4: Dr. Diakov’s Next Four “Shots on Goal”
- Lightning doesn’t strike twice… unless you know where to look. Breakdown of the four tiny junior exploration companies Dr. Diakov is advising or running right now in Utah, Nevada, Chile, and Argentina:
- BCM Resources: Sitting right in the neighborhood of one of America’s richest copper districts.
- Fairchild Gold Corp: Picking up target-rich ground next to multi-million-ounce gold monsters in Nevada.
- Norsemont Mining: Bringing a past-producing high-Andes gold/silver mine back to life with a fresh copper thesis.
- Mogotes Metals: Wedged directly between $4+ Billion discoveries on the Argentina-Chile border (with Rio Tinto backing them).
- Lightning doesn’t strike twice… unless you know where to look. Breakdown of the four tiny junior exploration companies Dr. Diakov is advising or running right now in Utah, Nevada, Chile, and Argentina:
- Chapter 5: Why Is He Still Looking?
- It’s not the money. It’s not the fame. It’s the thrill of the chase—and the lesson learned from walking away one season too early.
Academic Degrees & Titles
- PhD in Economic Geology: Peoples’ Friendship University of Russia (Moscow)
- MSc (Hons) in Economic Geology and Mining Engineering: Peoples’ Friendship University of Russia
- BSc in Industrial Electric Systems: Technical College in Aleksandria, Ukraine
- Associate Professor: Peoples’ Friendship University [1, 2]
Professional Certifications & Memberships
- Fellow: Society of Economic Geologists (SEG)
- Member: Society for Geology Applied to Mineral Deposits (SGA)
- Member: Society of Mining
- Member: Prospectors and Developers Association of Canada (PDAC) [1, 2]
Mining Legends is a publication of Institutional Analyst Inc. (“the Publisher”). The series profiles high-profile mining executives, geologists, and industry figures for editorial and biographical purposes.
No Payment for Inclusion. No individual or company, past, current, or future, has paid an advertising, production, sponsorship, or distribution fee to be featured in, or mentioned within, the Mining Legends series. Inclusion in this series is an independent editorial decision of the Publisher. See report for full disclaimer and disclosure details.
See report for full disclaimer and disclosure details.
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