PUBLICATION

Global Business Reports

AUTHORS

Lucrezia Falcidia, Susana Isotupa, Kolby Kaller

Nevada Mining 2022

February 17, 2022

Nevada is regularly among the top contenders in the Fraser Institute’s Annual Survey of Mining Companies, and in the latest one, the state finally earned the crown as the world’s top mining jurisdiction. Among the reasons for maintaining its competitive edge are the state’s remarkable geological potential, a very mining-friendly bureaucracy, a clear permitting process, and a favorable industry tax rate, though this last point has become recently challenged. Throughout the years, Nevada has also built up world-class mining infrastructure and has become home to a strong mining workforce of experienced professionals. 

The combination of all these ingredients has attracted a vast array of players into the state, including some of the world’s largest mining producers, exploration companies, and innovation-oriented services providers. While Nevada has been traditionally known for its gold and silver potential, the state is also rapidly gaining recognition as a key supplier of critical minerals and the necessary metals for the energy transition.

Drawing from over 70 interviews with the leading industry executives, Global Business Reports presents a timely review and analysis of the current operations, projects and trends in Nevada’s mining industry, as well as a guide to the different companies involved across the full value chain.

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