A Recap of Nevada’s Mining Landscape 

Costmine Intelligence offers daily tracking of capital raisings across the global mining and exploration industry. Amidst this tracking, between 2023-2024, Nevada has emerged as a global powerhouse in the mining industry, with significant contributions to the sector’s growth and development.

According to the Fraser Institute’s Annual Survey of Mining Companies, Nevada has maintained its status as the world’s premier mining jurisdiction for investment, securing the top rank on the Investment Attractiveness Index. Western Australia, previously in first place, slipped to second, while Canada’s Saskatchewan fell to third. Nevada’s ascent is further underscored by its top ranking on the Policy Perception Index (PPI), with a perfect score of 100, a notable improvement from its previous sixth-place position.

Costmine Intelligence’s analysis reveals that Nevada hosts approximately 860 active properties, with 40 active mines and around 820 active projects. While major mining companies such as Newmont, Barrick Gold, AngloGold Ashanti, and Hecla Mining have stakes in Nevada’s mining properties, numerous small-cap junior companies are also involved in mining projects in the region.

The focus now shifts to the Top 10 capital raisings by mineral exploration companies with market capitalizations under $100 million in Nevada between 2023-2024. Notably, the majority of these ventures are tied to gold and silver commodities, collectively raising a total of $81 million during the specified period.