U.S. Lags in Mine Development; Senate Takes on Permitting Reform
November 08, 2024
S&P Global found that, on average, it takes 29 years for a U....
Mineral exploration in Nevada is booming. According to a new study, an estimated $214 million was spent on exploration in the state last year, spurred in part by high gold prices.
Nevada mines produce approximately 80 percent of the gold extracted in the United States, and the state’s gold production is fifth in world, behind China, South Africa, Russia and Australia.
An engine of job and economic growth, mining employs about 12,210 Nevadans at pay that averages $83,175—nearly twice the $42,536 average for workers in the state.
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