NAICS UNIVERSITY · Free research for insurance agents
Gold Ore and Silver Ore Mining
NAICS 212220 · United States · 2022 edition
This industry comprises establishments primarily engaged in developing the mine site, mining, and/or beneficiating (i.e., preparing) ores valued chiefly for their gold and/or silver content. Establishments primarily engaged in the transformation of the gold and silver into bullion or dore bar in combination with mining activities are included in this industry.
Start the review with workers' compensation.
For Gold Ore and Silver Ore Mining, the saved research highlights workers' compensation, environmental liability, heavy equipment and inland marine. Confirm how these arise in the actual operation, what controls are used and whether additional services change the proposed coverage.
Questions to ask
- Is mining activity open-pit, underground, or a combination — and are any underground workings active or in development?
- What chemical processes are used on site — cyanide heap leach, acid leach, or other beneficiation methods?
- Are there tailings impoundments or lined pads, and what is their current regulatory status?
- What is the estimated replacement value of mobile equipment and processing infrastructure?
- Are there any outstanding environmental notices, agency orders, or reclamation bond deficiencies?
- Is the operation publicly traded, joint-ventured, or investor-backed in a way that creates D&O exposure?
- For Gold Ore and Silver Ore Mining, what should the underwriter know about active underground workings with confined-space or pillar-recovery operations?
- For Gold Ore and Silver Ore Mining, what should the underwriter know about cyanide heap leach or acid mine drainage operations near surface water or populated areas?
Activities described by this code
Other activities to examine
Census classification reference
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Compare another operationInsurance operations research — draft
Gold and silver ore mining establishments develop mine sites, extract ore through open-pit or underground methods, and typically beneficiate ore on-site through crushing, milling, and concentration processes. Some operations transform ore into bullion or dore bar at the mine site. Day-to-day activity involves heavy equipment operation, blasting, materials handling, and processing of ore-bearing rock using chemical and mechanical methods.
Questions to investigate
- Is mining activity open-pit, underground, or a combination — and are any underground workings active or in development?
- What chemical processes are used on site — cyanide heap leach, acid leach, or other beneficiation methods?
- Are there tailings impoundments or lined pads, and what is their current regulatory status?
- What is the estimated replacement value of mobile equipment and processing infrastructure?
This insurance research was generated in April 2026. It has not received a complete human review. The October 12, 2026 audit checked codes and titles only, not descriptions or coverage assertions.