Nevada Gold Mines’ Goldrush Mine project in Lander and Eureka counties has been approved, the Bureau of Land Management (BLM) announced Tuesday.
The underground mine, part of the Nevada Gold Mines Cortez Complex, is expected to operate for 24 years and employ around 570 people. It will operate 24 hours a day.
The project is expected to contribute $108 million in direct labor income and $43 million in indirect and induced labor income. In addition, the mine is expected to generate $288 million in net proceeds of minerals taxes to the state and direct business taxes of $48 million over the life of the mine.
It will span nearly 20,000 acres across the two counties, 772 of which are owned by Nevada Gold Mines. The remaining acreage is owned by the BLM.