Gold Mining in Nevada

Gold mining in Nevada, a state of the United States, is a major industry, and one of the largest sources of gold in the world. Nevada currently mines 79% of all the gold in the United States, which is equivalent to 5,640,000 troy ounces (175 t) in 2009. Total gold production from Nevada recorded from 1835 to 2008 totals 152,000,000 troy ounces (4,700 t), worth over US $228 billion at 2011 prices. Almost all the gold in Nevada comes from large open pit mining and cyanide heap leaching recovery. A number of major mining companies, such as Newmont Mining and Barrick Gold Corporation, operate gold mines in the state. Active gold mines include those at Jerritt Canyon and Carlin.

Unlike coal and oil extraction, where mining companies pay royalties for minerals obtained from public lands, gold mining companies do not pay any royalties for deposits claimed on federal public lands. This is because gold mines on public land operate under the General Mining Act of 1872.

Although Nevada was known much more for silver in the 19th century, many of the early silver-mining districts also produced considerable quantities of gold. The Comstock Lode, for instance, produced 8,600,000 troy ounces (270 t) of gold through 1959, and the Eureka district produced 1,200,000 troy ounces (37 t). And the Robinson copper mine has produced well over 2,700,000 troy ounces (84 t) gold, along with over 4 billion pounds (1,500,000 tonnes) of copper.

Read more about Gold Mining In Nevada:  Carlin Trend, Golden Fleece Mine (Nevada), Goldfield, Robinson/Ely, Controversy Over Royalties, Gold Mining Companies in Nevada

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