Goldrich Mining
- Company typePublic
- Founded1959
- HeadquartersTumwater, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
Goldrich Mining firmographics
Firmographics- Name
- Goldrich Mining
- Legal name
- Goldrich Mining Company
- Website
- https://goldrichmining.com
- Company type
- Public
- Founded year
- 1959
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Goldrich Mining industry classification
Industry- Product category
- Gold Mining
- NAICS
- Gold Ore and Silver Ore Mining (212220)
- SIC
- Gold And Silver Ores (1040)
- akta.pro primary industry
- Gold Mining (IMAKAEAA)
Keywords
Where Goldrich Mining is headquartered
LocationHeadquarters
- HQ city
- Tumwater
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
Goldrich Mining business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Supply Chain, Technology or R&D, Infrastructure
Revenue model
- Gold Production and Sales: Revenue generated from placer gold mining operations at the Little Squaw Creek deposit. Gold is processed and sold at market prices. Production historically ranged from 3,600 to 17,100 ounces of fine gold annually.
- Forward-Gold Sales: The company enters into forward-gold sales contracts at fixed prices (e.g., $1,200 per ounce) to secure financing and hedge against gold price fluctuations.
- Joint Venture Revenue Sharing: Revenue from the Goldrich NyacAU Placer LLC joint venture, where Goldrich retains 50% ownership and receives cash distributions based on production.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Forward-Gold Sales at fixed price |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels3 records
Goldrich Mining product offering
Product offeringCore offering
Goldrich Mining is a U.S.-based junior resource company that explores for, develops, and produces gold at the Chandalar gold district in north-central Alaska. The company operates the permitted Little Squaw Creek placer mine and conducts hard-rock (lode) gold exploration via a multi-year diamond core drilling program across its 23,000-acre land package.
Product overview
Goldrich Mining is a single-asset U.S. gold mining company focused on the Chandalar Gold District in Alaska. The company operates the permitted Little Squaw Creek placer mine while prioritizing exploration of hard-rock (lode) gold targets that are the source of placer deposits. The Chandalar district spans 23,000 acres in a tier-one jurisdiction known for world-class gold deposits. The company previously operated through a joint venture (Goldrich NyacAU Placer, LLC) which was dissolved in 2019 following arbitration, and is now pursuing independent operations with a recent $20 million financing package.
Differentiator
Problem solved
Functional benefit
Products and services
- Little Squaw Creek Placer Mine Fully permitted placer gold mine that produces fine gold from the Little Squaw Creek deposit using conventional gravity separation methods. Gold is sold at spot prices or under forward-gold sales contracts to commercial buyers.
- Hard-Rock (Lode) Gold Exploration Program
Quantifiable outcome
- Up to 17,100 ounces of fine gold produced in 2018
- +3 more outcomes
Companies that use Goldrich Mining
Customer profileNamed customers2 records
Segments1 record
Ideal customer profiles2 records
Goldrich Mining technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Goldrich Mining partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- NyacAU LLCformer - dissolvedNyacAU LLC was a joint venture partner in Goldrich NyacAU Placer LLC (50/50 JV) for placer mining operations at Chandalar. The JV was dissolved in 2019 due to failure to meet Minimum Production Requirements. Settlement agreement reached in 2023 resolves arbitration issues and grants Goldrich option to assume mining permits for $1,000,000.
Scale indicators7 records
Recent moves9 records
Expansion highlights4 records
Goldrich Mining competitors and assessment
Company assessmentDirect peers
- NovaGold Resources: Development-stage miner focused on the Donlin Creek gold project in Alaska — same tier-one jurisdiction, world-class gold deposit profile, and pre-production/development stage as Goldrich's Chandalar hard-rock exploration effort.
- Northern Dynasty Minerals: Single-asset, pre-development resource company advancing a major Alaskan deposit (Pebble); closely comparable to Goldrich's single-asset, district-scale, regulatory-heavy pre-production model in Alaska.
- Paramount Gold Nevada: Pre-production gold developer focused on district-scale properties in the western U.S.; closely comparable in size, stage, and strategic posture to Goldrich as a junior gold developer with district-scale optionality.
Broad incumbents
- Kinross Gold: Mid-tier gold producer operating Fort Knox in Alaska, the same tier-one jurisdiction as Goldrich; broadly comparable as an established gold producer in the same basin, though Kinross is diversified globally.
- Coeur Mining: Established North American precious metals producer with a portfolio of gold and silver operations; directly comparable as a publicly listed gold producer with single-asset sensitivity, though far larger and more diversified.
- Hecla Mining: Established precious metals (gold and silver) producer with multiple producing assets; comparable to Goldrich in commodity focus and small- to mid-cap North American producer profile.
Emerging players
- Freegold Ventures: Junior gold exploration company advancing a district-scale gold project in Alaska; closely comparable in jurisdiction, development stage, and gold-only exploration focus.
- Contango Ore: U.S. junior focused on Alaska gold exploration and development (including Peak Gold JV); closely mirrors Goldrich's junior, Alaska-focused, exploration-and-development thesis around district-scale gold assets.
- AbraSilver Resource: Junior precious-metals developer with a district-scale resource; comparable as a small-cap, single-jurisdiction precious-metals developer with similar pre-revenue, equity-financed operating model.
Regional players
- Trilogy Metals: Pre-development base and precious metals company with the flagship Ambler Mining District project in Alaska; comparable as an Alaskan pre-development resource company facing similar regulatory, logistics, and capital-raising dynamics.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Goldrich Mining social profiles
Digital presenceGoldrich Mining financial estimates
Financial estimateRevenue estimate
Valuation estimate
Goldrich Mining leadership team
Management profileNumber of profiles
Profiles7 records
Goldrich Mining subsidiaries and ownership
Company hierarchySubsidiaries1 record
Goldrich Mining funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Goldrich Mining M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Goldrich Mining
What does Goldrich Mining do?
Goldrich Mining is a U.S.-based junior resource company that explores for, develops, and produces gold at the Chandalar gold district in north-central Alaska. The company operates the permitted Little Squaw Creek placer mine and conducts hard-rock (lode) gold exploration via a multi-year diamond core drilling program across its 23,000-acre land package.
Is Goldrich Mining a public or private company?
Goldrich Mining is a public company. It is classified as public and is currently operating.
When was Goldrich Mining founded?
Goldrich Mining was founded in 1959. It employs 11 to 50 people.
Where is Goldrich Mining based?
Goldrich Mining is headquartered in Tumwater, United States, in the North America region.
How does Goldrich Mining make money?
Three revenue lines are on record. Gold Production and Sales are the primary driver. The others are forward-Gold Sales and joint Venture Revenue Sharing.
Who are Goldrich Mining's main competitors?
Direct peers on record are NovaGold Resources, Northern Dynasty Minerals and Paramount Gold Nevada. Broad incumbents are Kinross Gold, Coeur Mining and Hecla Mining. Emerging players are Freegold Ventures, Contango Ore and AbraSilver Resource. Trilogy Metals is listed as a regional player.
Does Goldrich Mining have an API?
No public API is recorded for Goldrich Mining.
What industry is Goldrich Mining in?
Goldrich Mining's product category is Gold Mining. Its primary akta.pro industry code is IMAKAEAA, Gold Mining. Its NAICS code is 212220 and its SIC code is 1040.