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GoldObserve

USGS 2025 / STATES / RESERVES / SOURCE STATUS

Gold Mining in the United States

Audit the national estimate, leading states, mine structure, value and reserve boundaries without merging federal estimates with later state records.

THE SHORT ANSWER

The United States mined an estimated 160 tonnes of gold in 2025

USGS estimates 2025 domestic gold mine production at 160 metric tonnes, worth about $17 billion. Nevada supplied about 64% and Alaska about 22%; more than 40 lode mines in 12 states, several large Alaska placer mines and numerous smaller placers contributed. Every percentage and total is an annual estimate, not a live mine counter.

2025 PRODUCTION160 t estimated

5,144,119 troy oz equivalent.

NEVADA SHAREAbout 64%

Largest producing state.

ALASKA SHAREAbout 22%

Second, with lode and placer production.

WORLD SHARE4.8%

Against the rounded 3,300-tonne world estimate.

INTERACTIVE SOURCE TABLE

Convert units without merging unlike observations

The federal 2025 estimate, state shares, Nevada 2024 reported total and Alaska 2025 preliminary range use different periods and publication processes. The explorer preserves those boundaries while providing a common unit view.

SOURCE-SEPARATED COMPARISON

U.S., Nevada and Alaska gold production

U.S. 2025 ESTIMATE160 tUSGS; rounded annual estimate
NEVADA 2024 REPORTED108.2 tState annual report; different period
ALASKA 2025 RANGE28.8-29.7 tDGGS preliminary estimate
U.S. WORLD SHARE4.8%160 t / rounded 3,300 t
Official observations and GoldObserve derivations remain on separate rows.
RecordPeriodMetric tonnesStatus
United States2025160 tUSGS estimate
Nevada allocation2025102.4 tDerived from “about 64%”
Alaska allocation202535.2 tDerived from “about 22%”
Other-state remainder202522.4 tDerived rounded remainder
Nevada reported2024108.2 tState annual report
Alaska preliminary range202528.8-29.7 tDGGS presentation estimate
Do not average the Alaska rows

The USGS share is an approximate allocation of a rounded national estimate; the DGGS range is a separate preliminary state estimate. Publication timing, coverage and revision status differ.

INDUSTRY STRUCTURE

A concentrated industry can still span many mines and production types

USGS 2025 domestic gold-industry facts
MeasurePublished descriptionInterpretation limit
Lode minesMore than 40 in 12 statesNot all claims, prospects or placer sites
Top operationsTop 25 yielded about 94%Approximate concentration, not ownership share
Byproduct goldAbout 7% from base-metal ores, chiefly copperGold need not be the mine's primary product
Commercial-grade refineriesApproximately 16Refinery throughput is not domestic mine output

The mine count, production concentration and refinery count describe different stages. Ore can be mined in one state, concentrated or converted to doré at the operation, refined elsewhere and fabricated elsewhere again. A refinery location does not identify geological origin.

VALUE AND OUTPUT

The $17 billion estimate rose faster than tonnage because price matters

USGS places estimated 2025 domestic mine production value at $17 billion, 32% above the 2024 value, while tonnage slipped from 163 tonnes in 2024 to 160 tonnes in 2025. The divergence shows why production value cannot be used as a proxy for physical growth: a higher annual gold-price environment can raise gross metal value while output falls.

Nor is the national value a sum of audited mining-company revenue. Company reporting can reflect provisional pricing, payable metal, byproducts, royalties, treatment and refining charges, joint ventures, inventory movements and hedging. Keep geological output, gross metal value and accounting revenue in separate columns.

RESERVES

Three thousand tonnes of reserves is an economic classification, not a countdown

USGS reports 3,000 tonnes of U.S. gold reserves for 2025. Dividing that figure by estimated annual production produces a static 18.75x ratio. It does not say mines close in that many years. Drilling can convert resources to reserves; mining depletes individual deposits; prices, costs, recovery, permitting and technical design can move material into or out of the reserve category.

National reserves also do not identify which project can be financed or permitted. Use deposit-level technical reports for project decisions and current official classification notes for country comparison.

HOW TO READ THE SERIES

Use the earliest estimate for scale, then wait for later detail

  1. Record publication, revision, period, unit and estimate flag with every number.
  2. Use MCS for an early annual national and world estimate.
  3. Use state annual reports for more detailed state and operation context.
  4. Use Minerals Yearbook tables when the fuller federal series is released.
  5. Do not splice a state actual into a national estimate and call the hybrid official.
  6. Replace values by source version; never silently overwrite revision history.

PRIMARY SOURCES

Federal production, state data and survey process

FAQ

U.S. gold mining questions

How much gold did the United States mine in 2025?

USGS estimates 160 metric tonnes of gold content in 2025. The figure is rounded and estimated, not a final sum of live mine telemetry.

Which U.S. state mines the most gold?

Nevada is the leading state. USGS says it accounted for about 64% of estimated 2025 domestic production; Alaska followed at about 22%.

How many gold mines operate in the United States?

The USGS 2026 summary says gold was produced at more than 40 lode mines in 12 states, several large placer mines in Alaska and numerous smaller placer mines, mostly in Alaska and western states. That is not the same as one fixed count of all claims or projects.

Does U.S. gold mine production include recycled gold?

No. Mine production measures newly recovered gold content. Secondary refinery output, imports, exports, fabrication, scrap and official holdings are separate records.

Is the value of mine production the same as mining-company revenue?

No. The USGS value is an industry estimate tied to produced metal. Company revenue also depends on timing, payable terms, hedges, byproducts, treatment charges, inventory and ownership interests.

Will U.S. reserves run out in about 19 years?

No. Dividing the 3,000-tonne reserve estimate by one 160-tonne production estimate gives 18.75, but that static ratio is not a depletion date. Reserves, projects, costs, prices and production change.