In this interview, Jeff Parshley, Corporate Consultant at SRK Reno, discusses mining's future in Nevada from the role it can play in helping secure domestic lithium to other ways the US can increase its domestic production of all critical minerals.
All signals point towards Nevada retaining its throne as the leading mining jurisdiction in the US in the coming years. The legacy of the Carlin gold trend, coupled with the prolific Walker Lane and Battle Mountain trends notably, has maintained the “Silver State” its position as the leading producer of gold in the country, accounting for 77% of total domestic production in 2021.
With gold remaining a timeless hedge against inflation, 2022 was a year of opportunity, consolidation, and strengthening for the state’s majors. And with the increased political determination to transition towards an economy less reliant on fossil fuels, Nevada’s endowment in “future-facing commodities” like lithium also suggests a bright future for the state’s mining industry.
Read the full 2023 Nevada Mining Report at Global Business Reports
