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Gold & Silver Ore Mining in North Carolina

Author.Name IBISWorld United States Last Updated: August 2025 NAICS NC21222

Gold & Silver Ore Mining in North Carolina industry analysis

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

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

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About the Gold & Silver Ore Mining in North Carolina Market Research Report

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

Definition of the Gold & Silver Ore Mining in North Carolina?

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 North Carolina?

The Gold & Silver Ore Mining in North Carolina 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 North Carolina 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 North Carolina

Benchmark the Gold & Silver Ore Mining in North Carolina industry performance with all NC county and national performance.

Gold & Silver Ore Mining in North Carolina

#12 in Highest Revenue 0.1% 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 North Carolina

See how key industry drivers, such as population, median houshold income, gross state product, world price of gold, world price of silver and investor uncertainty are impacting Gold & Silver Ore Mining in North Carolina

North Carolina Economic Indicators

Population
Median Houshold Income
Gross State Product

View more economic information in NC 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 North Carolina

Access proprietary data on county in the Gold & Silver Ore Mining in North Carolina, such as Stanly County and Randolph County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Gold & Silver Ore Mining industry in North Carolina

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

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Top Questions Answered in this Report

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

The market size of the Gold & Silver Ore Mining industry in North Carolina is $11.0m in 2025.

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

There are 2 businesses in the Gold & Silver Ore Mining industry in North Carolina, which has been declining at an average annual rate of 0.0% from 2020 to 2025.

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

The market size of the Gold & Silver Ore Mining industry in North Carolina has been declining at an average annual rate of -4.5% from 2020 to 2025.

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

There are 32 employees in the Gold & Silver Ore Mining industry in North Carolina, which has been growing at an average annual rate of 2.7% from 2020 to 2025.