The Role of the State’s Mining Industry

Providing Insight, Analysis and Perspective on Nevada's Mining Industry From Rural to Urban Communities

At the 2024 Nevada Mining Association Annual Convention, Applied Analysis Principal Jeremy Aguero delivered the keynote economic presentation, highlighting the critical role mining continues to play in Nevada’s economy and its emerging position in global mineral markets. Drawing from Applied Analysis’s annual economic report and member survey, the presentation explored production trends, employment outlooks and public policy dynamics. Nevada remains the source of 73 percent of all U.S. gold production and a national leader in mining-related wages. With more than $400 million in annual tax contributions and gold prices surpassing $2,400 per ounce, the analysis offered NVMA members and policymakers a data-informed perspective on the challenges and opportunities shaping the industry’s future.

Since 2012, Applied Analysis has served as a long-standing advisor to the Nevada Mining Association (NVMA), providing economic research and policy insight to support one of the state’s most vital industries. Each year, the firm conducts a comprehensive analysis of Nevada’s mining sector, evaluating employment, wages, production trends and statewide economic contributions. This work includes detailed assessments of direct, indirect and induced impacts and is presented annually at the association’s convention. As part of this effort, Applied Analysis also conducts NVMA’s annual member survey, which captures perspectives from mining organizations on statewide and national trends, workforce outlook and industry priorities. In addition to its flagship report, the firm responds to ad hoc research requests throughout the year, supporting NVMA’s legislative priorities, regulatory initiatives and public policy engagement.

The Role of the State’s Mining Industry

Nevada Mining Association

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