Minnesota's gold mining industry comprises a vibrant ecosystem of companies that mine for gold, with activities spanning exploration, development, and small-scale, limited impact exploration. The demand for precious metals continues to rise, stating a clear opportunity for gold mining companies operating in Minnesota's promising landscapes. This industry is further boosted by the state's Vermilion Greenstone Belt, a mineral-rich area ideal for finding gold and other valuable elements. Looking ahead, we see an industry potential for growth, fuelled by developments in green mining technology and increasing interest in mineral investment.


Top 23 gold mining companies in Minnesota

1. Kilo Company Limited

  • Website: kilogold.net
  • Headquarters: Cottage Grove, Minnesota, United States
  • Founded: 2006
  • Headcount: 1-10
  • Latest funding type: Ipo
  • LinkedIn

Kilo Goldmines Ltd. is a mining company that focuses on gold and iron ore exploration and development in the northeast region of the Democratic Republic of Congo.


2. Vermillion Gold, Inc.

  • Website: vermilliongold.com
  • Headquarters: Minneapolis, Minnesota, United States
  • Founded: 2006
  • Headcount: 1-10
  • Latest funding type: Seed
  • LinkedIn

Vermillion Gold is a mineral exploration company focused on discovering gold deposits in Northern Minnesota's highly prospective Vermilion Greenstone Belt.


3. F3 Gold

  • Website: f3gold.com
  • Headquarters: Minneapolis, Minnesota, United States
  • Headcount: 1-10
  • LinkedIn

F3 Gold is an exploration and prospecting company focused on staking prospective ground for gold and other precious metals. They emphasize environmental stewardship, social responsibility, and community partnership in their small-scale, limited impact exploration.


4. PolyMet Mining, Inc.

  • Website: polymetmining.com
  • Headquarters: Hoyt Lakes, Minnesota, United States
  • Founded: 1981
  • Headcount: 11-50
  • Latest funding type: Post Ipo Equity
  • LinkedIn

Polymet Mining is a next-generation mining company based in Minnesota. They offer explorations and mining of copper, nickel, and other minerals. With a focus on sustainability and responsible mining practices, Polymet Mining is committed to sustainable development and corporate governance.


5. MiningMinnesota

MiningMinnesota is committed to responsible mining, processing, and domestic supply chain utilization of mineral resources to bring growth and job creation to Minnesota while advancing a sustainable future.


6. Affinity Gold Corp.

  • Website: affinitygold.com
  • Headquarters: Maple Grove, Minnesota, United States
  • Founded: 2009
  • Headcount: 1-10
  • Latest funding type: Ipo
  • LinkedIn

Affinity Gold Corporation (OTC: AFYG), headquartered in Minnesota, USA, is a precious metal and mineral mining company focused on the acquisition and development of near-term production opportunities within Latin America. The Company has centered its development and growth strategy specifically on junior-stage, near-term mining projects that have significant upside potential. The Company’s current near-term production opportunities are located at three sites within Peru, with several additional sites under review. The Company continuously sources for and evaluates mutually beneficial subsidiary, partnership and wholly-owned alliances within the mineral production industry. With a new leadership team at the Company’s helm, a new direction set in motion, and impressive initial assets secured, Affinity is moving forward swiftly, creating a business foundation that management believes will allow higher Shareholder returns in the long run. Affinity Gold Corp’s vision is to establish itself as a reputable and financially successful company within the Mining Industry by demonstrating responsible environmental, social and economic stewardship along the way. We appreciate our Investors’ and Shareholders’ faith in this vision and we are committed to actively communicating with all stakeholders as each exciting and significant development emerges.


7. Big Rock Exploration

Big Rock Exploration is a geoscience consulting company that offers a range of technical, quality, investigative, and safe services. They are known for their expertise in microscopy and innovative approaches to exploration. With a focus on strategic planning and executing ideas effectively, they operate their own private businesses and create value through quality science. Big Rock is committed to ethical and environmentally responsible business practices.


8. National Recycling

  • Website: nrimn.com
  • Headquarters: Hugo, Minnesota, United States
  • Headcount: 1-10

NRI has provided convenient, responsible recycling services to the Twin Cities area since 1996. In recent years, the recycling industry has experienced unprecedented growth. To meet consumer demands and maintain our commitment to superior customer service, we have expanded our operations to utilize the most current technology, including digital scales and on-site metal analyzers at our clean, accessible recycling facility. From corporate fundraising to on-site evaluations, NRI has a solution for every recycling need including a full range of industrial and commercial services and a variety of containers and transportation options available to fit every collection need. As a member of the Better Business Bureau, NRI is committed to providing a first rate customer experience, including maintaining clean, safe facilities and paying fair market value. NRI is open to the public with convenient hours, including covered, drive-thru redemption areas. Proud to be environmentally conscious! Our facility meets or exceeds all state and federal environmental guidelines and regulations. In addition, we have enacted several initiatives to help reduce our carbon footprint and limit our impact on the environment.


9. Superior Minerals Llc

Superior Mineral Resources is a mineral management enterprise with over a century of experience managing and owning mineral assets. They specialize in maximizing revenue for their clients' mineral properties.


10. SME Twin Cities

  • Website: smetwincities.org
  • Headquarters: Minneapolis, Minnesota, United States
  • Headcount: 1-10

The 2020 SME Student Chapter awards, sponsored by SME MN & SME TC, were presented to two deserving recipients: the $1500 Ernest K. Lehmann Award to Alicia Stone; and the $1500 Gust Bitsianes Award to Chris Thielsen. Congratulations, students! The November 2019 SME Twin Cities luncheon featured speakers Bethany Kelly and Omid Mohseni of Barr Engineering; Thursday, November 21, Metropolitan Ballroom, 5418 Wayzata Blvd, Golden Valley, 1130 AM to 1 PM Speakers: Bethany Kelly and Omid Mohseni, Barr Engineering Bios: Bethany Kelly joined Barr in 2007, after graduating from Montana Tech with a masters degree in geological engineering. She is a senior geotechnical engineer, working on dams and related work. Omid Mohseni is a senior water resources engineer, working in hydrologic and hydraulic analysis and modeling of watersheds, rivers, The January 2020 SME Twin Cities luncheon featured speaker David Ulrich, who presented a Twin Metals update; Thursday, January 16, Metropolitan Ballroom, 5418 Wayzata Blvd, Golden Valley, 1130 AM to 1 PM Topic: Twin Metals Update - a discussion of the mine plan recently submitted to state and federal regulators, and other technical aspects of the project. Bio: David Ulrich, a Minnesotan with 40 years of leadership experience, joined Twin Metals Minnesota at its inception, working in workforce development, and now in communications. He lives in Minneapolis and enjoys time at the cabin. The February 2020 SME Twin Cities luncheon featured speaker Brad Moore, who will present a PolyMet update; Thursday, February 20, Metropolitan Ballroom, 5418 Wayzata Blvd, Golden Valley, 1130 AM to 1 PM Bio: Brad Moore joined PolyMet Mining, Inc. in 2011 as Executive Vice President, Environmental and Governmental Affairs. Brad oversees environmental review and permitting of the NorthMet project, as well as its governmental and regulatory relations a field in which he has over 25 years of experience. Brad holds a BA in political science from St. Olaf College, and an MA in public affairs from the ...


11. American Underground Construction Association

  • Website: auca.org
  • Headquarters: Saint Paul, Minnesota, United States
  • Headcount: 11-50

The American Underground-Construction Association (AUA) is an organization of professionals involved in the planning, design, development, construction and use of underground facilities. The Association serves as:     - an information clearinghouse on underground facilities and related issues for its         members and for the general public     - a network within the industry     - a point of contact between the industry and the public.     - AUA is the official United States Member-Nation Representative to the         International Tunnelling Association.


12. Mias Group

MIAS Group provides professional services to customers looking for advanced technological solutions in a variety of sectors


13. Lakevermilion.Net

  • Website: lakevermilion.net
  • Headquarters: Soudan, Minnesota, United States
  • Headcount: 1-10

Its purpose is to collect and publish, for the enjoyment and benefit of everyone, any and all information about the lake and community. It is hoped you will find the information, stories, photographs, historical research and miscellanea published within this site to be of sufficient interest. We invite you to join with us in this endeavor. Please contact us with your ideas, comments, contributions and considerations at info*AT*lakevermilion.net. Submit a Banner: Submit a Banner: We would love to see your favorite images of Lake Vermilion and share them with the world-on the top of every page at LakeVermilion.net, LLC! We invite everyone who would like to submit a banner photograph or other Lake Vermilion themed artwork to do so by sending us an jpeg file to info*AT*lakevermilion.net. Each image needs to be at least 980 pixels wide by 300 pixels high. Unfamiliar with creating jpegs and photo manipulation software? - We can help you format a banner if you just e-mail us. View our complete banner collection at: lvn-tumblr


14. Institute on Lake Superior Geology

The Institute on Lake Superior Geology is a non-profit professional society with the objectives of providing a forum for exchange of geological ideas and scientific data and promoting better understanding of the geology of the Lake Superior region. The major activity of the Institute is an Annual Meeting with geological field trips and technical presentations. The Minnesota Geological Survey is now hiring a Geophysicist. See our Careers page for details


15. Xperience

  • Website: thehandymap.com
  • Headquarters: Minnesota, United States
  • Headcount: 1-10

Working with industry experts in a given outdoor pursuit, we assimilate their knowledge and expertise and combine it with GIS data to create maps unlike any other. Our maps are designed by award-winning, expert cartographers, rich in detail and beautifully executed. What makes Map the Xperience unique is our locally gathered information. As avid outdoors people ourselves, we understand the small details that make each experience more enjoyable. So in our maps we include launching areas, restroom facilities, number of parking spaces, mile markers and electric power line crossings to name a few. All our digital maps are compatible with the PDF Maps app. Once our maps are loaded on your device, your location will be tracked on the map. Wifi is not needed which makes it ideal for remote, off-the-grid use. We also offer a selection of our beautiful maps printed on the world's finest microfiber cloth bandana and cleaning cloth as a handy souvenir of your Xperience. OUR TEAM


16. African Financial & Economic Data (AFED)

African Financial & Economic Data (AFED) provides an unparalleled reference source & detailed overview of all 54 African economies & their financial market information. Learn more: www.africadata.com.


17. T Lee Fine Designer Jewelry

We actively seek out gem sources that support fair trade pricing, ecologically advanced colored gemstone mining techniques, gem separation, energy consumption, green-house gas emission, land reclamation and rare species protection policies. We work with like-minded gem faceters who monitor mining conditions and personally oversee their own cutting operations. As for our practices in our Minneapolis manufacturing studio, we are fully committed to the highest standards there also. All clean manufacturing scrap from our custom shop is re used. Floor sweeps, sink sludge and mixed scrap are all reclaimed. All casting investments and cleaning fluids are disposed of properly. Office and kitchen waste is minimized through recycling and composting with very little ending up in the dumpster. We remain committed to promoting sustainable business practices, believing that it is particularly important in an industry whose product is inextricably connected to the earth. I believe that people are basing more and more of their buying decisions on how ethically responsible a business is run. People want a better world and are using their dollars to show that. They want to support a product that does good AND feels good to buy and wear. The significant meaning of wedding jewelry can only get deeper with the addition of eco friendly practices"" comments T Lee. The Kimberly process, created to eliminate the flow of conflict or blood diamonds, requires participating countries to tightly control the import and export of rough diamonds and to establish control systems over their private sectors that trade in rough diamonds. T Lee believes her shop is doing one step better than selling only ethically mined diamonds-when sourcing diamonds for clients, her first choice is buying post consumer diamonds from her vendors. These are stones that have been in the market stream, whos mining damage to the earth and potentially to peoples rights, is done. These recycled diamonds are recut if necessary, re-certified by a gem lab and ready for a ...


18. Powder Metal Technologies, LLC

Powder Metal Technologies LLC is a strategic sales consultant helping global manufacturers who specialize in making parts from powder metal achieve significantly higher sales through their unique and proven FLOW Strategic Sales System™.


19. Pacific Tan

  • Website: pacifictanco.com
  • Headquarters: Maple Grove, Minnesota, United States
  • Headcount: 1-10

Pacific Tan Co. provides top-line UV equipment from UWE, ERGOLINE, and ULTRABRONZ, along with sunless tanning services from MYSTIC TAN and the first heat-infused airbrush tanning experience by EVOLV. Stop by for a quick tour and experience Pacific Tan Co. You will often work directly with the owners, who are actively involved in day-to-day operations. We treat our customers like they are part of our family. ""the sun is always shining at Pacific Tan Co.""


20. Iron Range Historical Society

The Iron Range Historical Society (IRHS) is a historical society in northeastern Minnesota. Located on the Mesabi Range in Minnesota's Arrowhead, it has offices in McKinley. The Society was founded in 1973. IRHS is a research library and archival house specializing in family and historical research. At present, the all-volunteer, nonprofit, charitable trust, is governed by a Board of Directors. The Iron Range Historical Society is handicap-accessible, has photos and artifacts on display, does not charge admission, and serves the general public with moderate fees. All records and files are available for patrons to browse through. The Society holds information on all three of Minnesota's Iron Ranges. Members receive free research time, but pay for copies of printed materials. Current hours for the research library and archival house are Mondays and Tuesdays from 10 am to 2 pm. Appointments may be made for other times. Please visit the pages of this website to learn more about the Iron Range Historical Society.


21. Friends of the Boundary Waters Wilderness

Friends of the Boundary Waters is an organization dedicated to the conservation and protection of the Boundary Waters Wilderness. They offer wilderness education, volunteer opportunities, and resources for those wishing to explore the area.


22. Miles Franklin

Miles Franklin is a company that offers a wide range of gold, silver, platinum, and palladium products from popular mints around the world. They also provide secure bullion vaults and private safe deposit boxes for storage.


23. Taconite Drilling

Taconite Drilling is a veteran-owned drilling company offering exploration, geotechnical, and environmental drilling services to clients in Minnesota and Michigan with over 50 years of experience.


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