Nevada, with it’s mixture of amenable financial structures and a large current production coupled with a huge exploration potential is a must watch site for gold investors worldwide. The United States is currently the 4th largest gold producer in the world, just behind China, South Africa and India. Nevada accounts for nearly 80% of the current total gold production in the United States. As a major player in the global gold industry, Nevada is an ideal place to invest in.
Gold mining companies have had a long historical record of operating in and around Nevada. The Nevada legislature has several provisions which attract mining operations and consequently, mining investors. Most of the gold mined from Nevada comes from public lands. Unlike oil or coal however, Nevada law does not levy royalties on gold obtained from these lands. This provision gives gold mining companies a larger profit margin. This is perfect for those looking to make gold investments in companies located in the area. Although the current mining production rate in Nevada is the highest it has been in history, experts say that the area’s gold reserves are far from depleted. The current productivity, favorable legislation and future potential of Nevada makes it an ideal place to invest in.