Precious Metals Mining in the US to 2020

Date: 2015-09

The US had 3,000t, or 5.4%, of global reserves of gold and 25,000t, or 4.7%, of global reserves of silver, ranking fifth and seventh respectively according to the US Geological Survey as of January 2015. Nevada is the highest prospective region for gold mining with deposits in the Carlin Trend occurring in the form of grains while silver deposits are mainly associated with lead, zinc, copper and gold, with recent discoveries associated with gold occurrences. In 2014, the average price of gold and silver were lower by 10% and 19.7% over 2013 respectively.

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