Nevada gold production down, but value up in 2008
ELKO, Nev. (AP) – A fact sheet from the Nevada Division of Minerals says Nevada gold mines produced fewer ounces of gold in 2008, 5.7 million ounces compared with 6 million ounces in 2007.
But Deputy Administrator Doug Driesner says that while production was less, value was up because of higher gold prices.
The fact sheet was presented Friday at the annual Elko Mining Expo.
It didn’t break down the value of Nevada’s 2008 gold production, but estimated the state’s total mineral commodities for the year at $6.1 billion.
Officials say a detailed annual report on all mining in the state is being compiled.
Information from: Elko Daily Free Press, http://www.elkodaily.com