Nevada is regularly among the top contenders in the Fraser Institute’s Annual Survey of Mining Companies, and in the latest one, Nevada finally earned the crown as the world’s top mining jurisdiction. Among the reasons for maintaining its competitive edge for mining are Nevada’s remarkable geological potential, a very mining-friendly bureaucracy, a clear permitting process, and a favorable mining 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 to Nevada’s mining industry, including producers Barrick Gold, Newmont, Tahoe Resources, Robinson Nevada Mining, Kinross, Albemarle, Fortitude Gold and Coeur Mining; exploration companies such as Nevada Mineral Exploration Coalition, AEMA, NV Gold, Nevada Silver, Millennial Precious Metals, Nevada Exploration, Lithium Americas and Ioneer; innovation-oriented services providers SNC-Lavalin, Epiroc, Hexagon, Komatsu, 3D-P, Boart Longyear, Layne and AMS. While Nevada mining has been traditionally known for its gold and silver potential, Nevada 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 Nevada mining 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.