Mobile Menu

Gold & Silver Ore Mining in Nevada

Author.Name IBISWorld United States Last Updated: August 2025 NAICS NV21222

Gold & Silver Ore Mining in Nevada industry analysis

The Gold & Silver Ore Mining industry in Nevada is expected to decline an annualized -x.x% to $x.x billion over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments increased an annualized x.x% to xx locations. Industry employment has increased an annualized x.x% to x,xxx workers, while industry wages have decreased an annualized -x.x% to $x.x billion.

Over the five years to 2030, the industry is expected to grow an annualized x.x% to $x.x billion, while the national industry is expected to grow x.x%. Industry establishments are forecast to grow x.x% to xx locations. Industry employment is expected to increase an annualized x.x% to x,xxx workers, while industry wages are forecast to increase x% to $x.x billion.

Unbiased research for even more industries at your fingertips

  • 5000+Industries covered
  • 100+Local analysts
  • 250k+Hours of detailed analysis
  • 100k+Subscriber community

Purchase a membership to access this industry and so much more.

About the Gold & Silver Ore Mining in Nevada Market Research Report

What’s Included in the Gold & Silver Ore Mining in Nevada Market Research Report

Definition of the Gold & Silver Ore Mining in Nevada?

Operators in this industry mine gold and silver-bearing ores. Mining activities include the development of mine sites and the on-site processing of ore into a concentrate or bullion. Companies typically retain ownership of the semiprocessed gold or silver products and pay for further refining on a toll-charge basis. The refining process is included as part of the Nonferrous Metal Refining industry (IBISWorld report 33141).

What’s included in the Gold & Silver Ore Mining in Nevada?

The Gold & Silver Ore Mining in Nevada includes gold ore mining, silver ore mining, gold ore beneficiation, silver ore beneficiation and production of gold and silver bullion, ore and concentrates. Related terms covered in the Gold & Silver Ore Mining in Nevada industry report includes a very fine, powder-like product containing the valuable ore mineral from which most of the waste mineral has been eliminated, after being mined, this first stage in the purification process of the gold ore produces a cast bar that is 90.0% gold, gold cast into ingots or coins, typically with a purity of 99.9% gold, valued by its mass and purity and a unit of imperial measure most commonly used to gauge the weight of precious metals.

Industry Performance of the Gold & Silver Ore Mining industry in Nevada

Benchmark the Gold & Silver Ore Mining in Nevada industry performance with all NV county and national performance.

Gold & Silver Ore Mining in Nevada

#1 in Highest Revenue 69.7% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Gold & Silver Ore Mining in the US


Revenue (2024)
Annual Growth (2019-24)
Annual Growth (2024-29)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Gold & Silver Ore Mining industry in Nevada

See how key industry drivers, such as population, median houshold income, new business formation, world price of gold, world price of silver and investor uncertainty are impacting Gold & Silver Ore Mining in Nevada

Nevada Economic Indicators

Population
Median Houshold Income
New Business Formation

View more economic information in NV State Economic profile

US Key External Drivers

World price of gold
World price of silver
Investor uncertainty

For the full list of industry drivers, see report purchase options.

County Data of the Gold & Silver Ore Mining industry in Nevada

Access proprietary data on county in the Gold & Silver Ore Mining in Nevada, such as Washoe County, Humboldt County and Elko County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Gold & Silver Ore Mining industry in Nevada

Download 18 years of historical data and 5 years of projected performance.

Need a deeper insight?
Get a free tour.

Free Tour

Top Questions Answered in this Report

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Gold & Silver Ore Mining industry in Nevada in 2025?

The market size of the Gold & Silver Ore Mining industry in Nevada is $8.8bn in 2025.

How many businesses are there in the Gold & Silver Ore Mining industry in Nevada in 2025?

There are 43 businesses in the Gold & Silver Ore Mining industry in Nevada, which has been growing at an average annual rate of 3.1% from 2020 to 2025.

Has the Gold & Silver Ore Mining industry in Nevada grown or declined over the past 5 years?

The market size of the Gold & Silver Ore Mining industry in Nevada has been declining at an average annual rate of -1.7% from 2020 to 2025.

How many employees in the Gold & Silver Ore Mining industry in Nevada in 2025?

There are 11,816 employees in the Gold & Silver Ore Mining industry in Nevada, which has been growing at an average annual rate of 2.2% from 2020 to 2025.