Gold $4,629.60/oz (+1.86%) | Silver $73.89/oz (+3.24%) | Copper $5.99/lb (+1.89%) Updated 38 minutes ago

Utah

Low Risk

United States · State · Last assessed Apr 2026

Composite Score 22/25

Higher = lower risk. 22–25 LOW · 18–21 MODERATE · 13–17 ELEVATED · 8–12 HIGH · 5–7 EXTREME.

Permitting Timeline & Predictability
4/5
State permitting efficient and well-resourced.
Fiscal Regime Stability
5/5
Stable competitive rates.
Political & Security Risk
5/5
Stable; conservative pro-business.
Infrastructure & Power
4/5
Strong; copper and base-metal services centred on Salt Lake.
Indigenous, Community & ESG
4/5
Limited Indigenous overlay relative to other western states; constructive framework.
Assessment Summary

Utah is one of the most underrated US mining jurisdictions. The state government is consistently pro-business, permitting timelines are competitive, and the Salt Lake City industrial base provides strong service infrastructure. Bingham Canyon (Rio Tinto) anchors a long-established copper district and meaningful precious-metal endowment exists in the Tintic and Wasatch ranges.

Other United States Jurisdictions

Jurisdiction risk is one input — geology, capital structure, and management still matter. See the Verdict Framework for full company scorecards.

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