Mining

Average earnings in Nevada’s Mining sector rebounded by $1,500 over the past two quarters and currently stand at $84,500. Job levels, on the other hand, have been in a holding pattern with 16,700 employed.


 

Nevada’s great mineral wealth established this unique geographic region as a state nearly 150 years ago and continues to be an essential sector in the state’s economy. Thanks to world-class deposits of gold and silver, mining is Nevada’s largest export industry.

Best known for its gold, silver, and copper production, Nevada is also a significant source of a variety of minerals, such as lithium, iron, and molybdenum, necessary for the manufacturing of consumer and commercial goods so important to our contemporary lifestyles. Other industrial minerals used in construction, such as gypsum, limestone, sand, and gravel, are found in abundance in Nevada. With one of the largest geothermal fields in the world, even geothermal heat is mined for power generation.

Nevada’s mining industry was a vital source of technological advancement in the 19th century and continues to drive innovation in engineering and science. The University of Nevada’s Mackay School of Earth Sciences and Engineering, based in Reno, is one of the foremost mining schools in the world.

More than 12,000 people are directly employed by the Nevada mining industry, predominantly in rural Nevada, and earn some of the highest annual salaries in the state, averaging $83,000. Mining also requires an extensive support system. For every mining job, approximately four other jobs provide goods and services used by the mining industry.

Odds are that many of the items you use every day contain a little bit of Nevada. Found in building materials, computers, batteries, and a host of other products too numerous to list, Nevada’s minerals are essential to daily life around the world. Even the medals at the London Olympics shone a little brighter, thanks to Nevada gold.


Mining In The News

GOVERNOR SANDOVAL LEADS TRADE MISSION TO CANADA WITH BUSINESS AND EDUCATION DELEGATION

OTTAWA, ONTARIO (April 16, 2014) – Governor Brian Sandoval today kicked off a trade mission with the Governor’s Office of Economic Development (GOED) to Canada with meetings scheduled in Ottawa and...

Wall Street Journal; Pure Energy Minerals Announces MOU With POSCO on Nevada Lithium Project

VANCOUVER, BC - Pure Energy Minerals Limited (TSX VENTURE: PE) (FRANKFURT: AHG) ("PURE" or the "Company") is pleased to announce the execution of a non-binding Memorandum of Understanding ("MOU") with POSCO...

The Economic Pulse

The November 2013 Economic Pulse highlights the efforts of the Nevada Governor's Office of Economic Development in developing industries such as Unmanned Aerial Vehicles, business development, global...

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