For years, Nevada has ranked among the top contenders in the Fraser Institute’s annual survey of the world’s most attractive mining destinations according to investors. In 2020, it finally earned the top position.

Thanks to an outstanding geological potential combined with mining-friendly policies, Nevada today hosts a wide pool of industry players, from majors to intermediate producers, explorers and service providers. In 2019, Nevada Gold Mines was established, creating the world’s largest gold mining complex and assuring the state’s prominent mining position in the years to come.

Over the last two years, the pandemic has transformed Nevada’s mining landscape. Economic uncertainty pushed up the price of precious metals, creating new opportunities for the local industry. Covid also raised the importance of securing supply chains of critical minerals for the country’s development.

GBR is delighted to be back in Nevada to investigate the latest developments across the mining value chain and provide an in-depth analysis of the companies and themes shaping the industry. In the following pages, we not only explore Nevada’s precious metals opportunities, but also its potential to become an important domestic source of critical minerals such as lithium, vanadium and copper, which are vital to the expansion of renewable sources of energy and emerging energy storage technologies.

We thank each of our 70 interviewees who have taken the time to provide their insights into the market, and we sincerely hope you enjoy the read.


Image courtesy of Daniel Halseth on Unsplash