SECURITIES AND EXCHANGE COMMISSION

[x] Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

[ ] Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes X No _________

There were 27,446,079 shares of common stock, par value $.10 per share, of The Goldfield Corporation outstanding as of September 30, 2001.

Consolidated Balance Sheets..........................................................................................3

Consolidated Statements of Operations..........................................................................4

Consolidated Statements of Cash Flows.........................................................................5

Notes to Consolidated Financial Statements...................................................................6

Condition and Results of Operations................................................................10

Item 6. Exhibits and Reports on Form 8-K..................................................................16

Signature......................................................................................................................16

In the opinion of management, the accompanying unaudited interim consolidated financial statements include all adjustments necessary to present fairly the financial position of the Company, the results of its operations and changes in cash flows for the interim periods reported. These adjustments are of a normal recurring nature. All financial statements presented herein are unaudited. However, the balance sheet as of December 31, 2000, was derived from the audited consolidated balance sheet. These statements should be read in conjunction with the financial statements included in the Company's annual report on Form 10-K for the year ended December 31, 2000. The results of operations for the interim periods shown in this report are not necessarily indicative of results to be expected for the fiscal year.

Certain amounts in 2000 have been reclassified to conform to the 2001 presentation.

The Company accounts for income taxes using the asset and liability method. Under the asset and liability method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date.

The Company has recorded a valuation allowance to reflect the estimated amount of deferred tax assets, which may not be realized. In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. Management considers the projected future taxable income and tax planning strategies in making this assessment.

At September 30, 2001, the Company had tax net operating loss carryforwards of approximately $3,300,000 available to offset future taxable income, which if unused will expire from 2002 through 2018. The Company has alternative minimum tax credit carryforwards of approximately $312,000, which are available to reduce future Federal income taxes over an indefinite period.

During July 2001, a subsidiary of the Company entered into a $2,500,000 mortgage note for the construction of the Company's first condominium project. Under the terms of the note, interest is payable monthly at prime less one-quarter percent (5.75% at September 30, 2001). Principal is payable as individual condominium units are sold and released from lien or January 27, 2003, whichever is earlier. The note is secured by the land and improvements and is guaranteed by the Company. During the nine month and three month periods ended September 30, 2001, the Company capitalized $1,229 of interest costs related to the construction of the first condominium project.

All 339,407 shares of the Company's Series A 7% Voting Cumulative Convertible Preferred Stock (Series A Preferred Stock) were redeemed on July 20, 2001 at a redemption price of $1.00 per share.

Basic earnings per common share, after deducting dividend requirements on the Company's Series A Preferred Stock of $13,181 and $17,819 in the nine month periods ended September 30, 2001 and 2000, respectively, and $1,302 and $5,940 for the three month periods ended September 30, 2001 and 2000, respectively, were based on the weighted average number of shares of Common Stock outstanding, excluding 17,358 shares of Treasury Stock for each of the periods ended September 30, 2001 and 2000. Common shares issuable on conversion of Series A Stock were not considered in the diluted earnings per share calculation because their inclusion would have been anti-dilutive.

The Company is mainly involved in two business segments, mining and electrical construction. There were no material amounts of sales or transfers between segments and no material amounts of export sales.

The following table sets forth certain segment information for the periods indicated. Any intersegment sales have been eliminated.

Gross profit is total operating revenue less operating expenses. Gross profit excludes general and administrative expenses, interest expense, interest income and income taxes. Impairment losses and recoveries are included in the calculations of gross profit for the mining segment. Identifiable assets by industry are used in the operations of each industry.

The following table sets forth certain segment information as of the dates indicated:

In certain circumstances, the Company is required to provide performance bonds in connection with its contractual commitments. Management is not aware of any performance bonds issued for the Company that have ever been called by a customer. As of September 30, 2001, outstanding performance bonds issued on behalf of the Company amounted to approximately $4,847,000.

Note 9 - New Accounting Pronouncements

SEC Staff Accounting Bulletin Number 101 - Revenue Recognition in Financial Statements. As we have historically made a practice of recognizing revenue in accordance with the provisions of this bulletin, the adoption of the bulletin in the fourth quarter of 2000 did not have a material impact on our consolidated financial statements.

In June 2001, the Financial Accounting Standard Board ('FASB') issued Financial Accounting Standards ('SFAS') No. 143 Accounting for Asset Retirement Obligations. This Statement addresses financial accounting and reporting for obligations associated with the retirement of tangible long-lived assets and the associated asset retirement costs. It applies to legal obligations associated with the retirement of long-lived assets that result from the acquisition, construction, development and (or) the normal operation of a long-lived asset, except for certain obligations of lessees. This Statement is effective for financial statements with fiscal years beginning after June 15, 2002. Adoption of this Statement is not expected to have a significant impact on the financial position or results of operations of the Company.

In August 2001, FASB issued SFAS No. 144 Accounting for the Impairment or Disposal of Long-Lived Assets. This Statement addresses financial accounting and reporting for the impairment or disposal of long-lived assets. This statement supersedes SFAS No. 121, Accounting for the Impairment of Long-Lived Assets and for Long-Lived Assets to Be Disposed Of, and the accounting and reporting provisions of Accounting Principles Board Opinion No. 30, Reporting the Results of Operations--Reporting the Effects of Disposal of a Segment of a Business, and Extraordinary, Unusual and Infrequently Occurring Events and Transactions of a Segment of a Business. This Statement is effective for financial statements with fiscal years beginning after December 15, 2001. Adoption of this Statement is not expected to have a significant impact on the financial position or results of operations of the Company.

We make forward looking statements within the safe harbor provision of the Private Securities Litigation Reform Act of 1995 throughout this document and in any documents we may incorporate by reference into this Quarterly Report on Form 10-Q. You can identify these statements by forward-looking words such as may, will, expect, anticipate, believe, estimate, plan, and continue or similar words. We have based these statements on our current expectations about future events. Although we believe that our expectations reflected in or suggested by our forward-looking statements are reasonable, we cannot assure you that these expectations will be achieved. Our actual results may differ materially from what we currently expect. Factors that may effect our results include, among others: the level of construction activities by public utilities; the timing and duration of construction projects for which we are engaged; our ability to estimate accurately with respect to fixed price construction contracts; heightened competition in the electric construction field, including intensification of price competition; the availability of skilled construction labor; and, in connection with our real estate projects, general economic conditions, both nationally and in our region. Important factors which could cause our actual results to differ materially from the forward-looking statements in this document are also set forth in the Managements Discussion and Analysis of Financial Condition and Results of Operations section and elsewhere in this document.

You should read this Quarterly Report on Form 10-Q completely and with the understanding that our actual future results may be materially different from what we expect. We may not update these forward-looking statements, even in the event that our situation changes in the future. All forward-looking statements attributable to us are expressly qualified by these cautionary statements.

Item 2. Managements Discussion and Analysis of Financial Condition and Results of Operations.

Results of Operations - Nine Months Ended September 30, 2001 Compared to Nine Months Ended September 30, 2000.

Total revenues in the nine months ended September 30, 2001 were $17,523,176, compared to $19,575,594 in the nine months ended September 30, 2000. This decrease in total revenues was mainly attributable to lower revenues in the electrical construction operations.

Electrical construction revenue decreased by 11% in the nine months ended September 30, 2001 to $15,558,122 from $17,428,000 in the nine months ended September 30, 2000 primarily as a result of a decrease in fiber optic construction.

Revenue from mining operations decreased 31% to $1,454,489 in the nine months ended September 30, 2001 from $2,109,694 in the nine months ended September 30, 2000. This decrease was mostly attributable to a decrease in construction aggregate projects.

Installment gain on the sales of real estate increased to $510,565 in the nine months ended September 30, 2001 from $37,900 in the nine months ended September 30, 2000 primarily as a result of the sale of portions of the real estate acquired by the Company's mining operations in New Mexico during the first quarter of 2001.

Electrical construction operations had an operating profit of $2,475,643 in the nine months ended September 30, 2001, compared to an operating profit of $2,107,147 during the nine months ended September 30, 2000. As a percentage of revenue, gross margins on electrical construction operations increased to 15.9% for the nine months ended September 30, 2001 from 12.1% for the nine months ended September 30, 2000. Operating profit was higher for the nine months ended September 30, 2001 due primarily to increased margins on transmission work. The varying magnitude and duration of electrical construction projects may result in substantial fluctuation in the Company's backlog from time to time. At September 30, 2001, the approximate value of uncompleted contracts was $17,500,000, compared to $7,350,000 at September 30, 2000.

During the nine months ended September 30, 2001, mining operations experienced an operating loss of $131,028 compared to an operating profit of $98,145 during the nine months ended September 30, 2000. As a percentage of revenue, gross margins (loss) in the mining operations decreased to (9.0%) for the nine months ended September 30, 2001 from 4.7% for the nine months ended September 30, 2000. This decrease in operating results in 2001 was mainly due to a single construction aggregate project that was completed during the second quarter of 2000. The operating results from mining included depreciation expense of $186,653 during the nine months ended September 30, 2001, compared to $202,004 during the nine months ended September 30, 2000.

St. Cloud Mining Company, a wholly owned subsidiary of the Company, sold 12,418 tons of natural zeolite during the nine months ended September 30, 2001, compared to 12,899 tons during the nine months ended September 30, 2000.

Other income, net in the nine months ended September 30, 2001 was $189,167, compared to $270,703 in the nine months ended September 30, 2000. The decrease in other income, net for 2001 was largely a result of a decrease in the recorded gain on the sale of property and equipment. Interest expense increased for 2001 as a result of the longer length of time certain loans against cash surrender value of insurance policies were outstanding. These loans were entered into during June 2000.

Total costs and expenses, and the components thereof, decreased to $16,550,031 in the nine months ended September 30, 2001 from $19,101,070 in the nine months ended September 30, 2000, primarily as a result of decreased electrical construction costs.

Electrical construction costs were $12,172,189 and $14,644,379 in the nine months ended September 30, 2001 and 2000, respectively. The decrease in costs for the 2001 period was mostly attributable to a decrease in subcontract costs.

Mining costs were $1,398,864 in the nine months ended September 30, 2001, compared to $1,850,572 in the nine months ended September 30, 2000. This decrease was mainly attributable to a decrease in construction aggregate projects.

Depreciation and amortization was $1,154,543 in the nine months ended September 30, 2001, compared to $931,737 in the nine months ended September 30, 2000. The increase in depreciation and amortization for 2001 was largely a result of recent capital expenditures, most of which have occurred in the company's electrical construction segment.

General and administrative expenses of the Company increased to $1,824,435 in the nine months ended September 30, 2001, from $1,715,409 in the nine months ended September 30, 2000. General and administrative expenses in the nine months ended September 30, 2001 included approximately $450,000 of additional expenses related to the proxy solicitation battle in connection with the Company's 2001 annual meeting. During the nine months ended September 30, 2000, general and administrative expenses included a $425,311 net expense related to payments made under Cancellation and Release Agreements pursuant to which the Company's Employee Benefit Agreements were terminated. General and administrative expenses as a percentage of revenue increased to 10.4% from 8.8% in the nine months ended September 30, 2001 as compared to the nine months ended September 30, 2000.

The provision for income taxes was $410,778 in the nine months ended September 30, 2001 with an effective tax rate of 35.3% as compared to an income tax benefit of $624,440 in the nine months ended September 30, 2000 and an effective tax rate (benefit) of (83.8%). The effective tax rate differs from the statutory rate due largely to state income taxes, nondeductible expenses for tax purposes and the realization of net operating loss carryforwards for the nine months ended September 30, 2001 and primarily due to a decrease in the valuation allowance for deferred tax assets for the nine months ended September 30, 2000.

Results of Operations - Three Months Ended September 30, 2001 Compared to Three Months Ended September 30, 2000.

Total revenues in the three months ended September 30, 2001 were $5,217,693, compared to $6,218,572 in the three months ended September 30, 2000. This decrease was mostly attributable to a decrease in electrical construction operations.

Electrical construction revenue decreased by 20% in the three months ended September 30, 2001 to $4,489,015 from $5,621,835 in the three months ended September 30, 2000. This decrease was primarily attributable to a decrease in both fiber optic and distribution work.

Revenue from mining operations decreased by 19% to $480,720 in the three months ended September 30, 2001 from $592,179 in the three months ended September 30, 2000. This decrease in 2001 was mainly due to a decrease in various reclamation projects.

Installment gain on the sales of real estate increased to $247,958 in the three months ended September 30, 2001 from $4,558 in the three months ended September 30, 2000 primarily as a result of the sale of portions of the real estate acquired by the Company's mining operations in New Mexico during the first quarter of 2001.

Electrical construction operations had an operating profit of $509,845 in the three months ended September 30, 2001, compared to an operating profit of $401,177 in the three months ended September 30, 2000. As a percentage of revenue, gross margins on electrical construction operations increased to 11.4% for the three months ended September 30, 2001 from 7.1% for the three months ended September 30, 2000. Operating profit was higher for the three months ended September 30, 2001 as compared to the three months ending September 30, 2000 mainly due to higher profit margins on transmission work.

During the three months ended September 30, 2001, the operating loss from mining operations was $50,567, slightly lower than an operating loss of $68,854 during the three months ended September 30, 2000. As a percentage of revenue, gross margins (loss) in mining decreased to (10.5%) for the three months ended September 30, 2001 from (11.6%) for the three months ended September 30, 2000. The operating results from mining included depreciation expense of $62,383 during the three months ended September 30, 2001, compared to $71,499 during the three months ended September 30, 2000.

St. Cloud sold 3,970 tons of natural zeolite during the three months ended September 30, 2001, compared to 3,912 tons during the three months ended September 30, 2000.

Other income, net in the three months ended September 30, 2001 was $49,833, compared to $60,278 in the three months ended September 30, 2000. The decrease in other income, net in 2001 was largely due to a decrease in interest income, a result of generally lower interest rates.

Total costs and expenses, and the components thereof, decreased to $4,936,225 in the three months ended September 30, 2001 from $6,250,009 in the three months ended September 30, 2000, primarily as a result of the decreased electrical construction costs.

Electrical construction costs were $3,663,792 and $4,959,418 in the three months ended September 30, 2001 and 2000, respectively. The decrease in costs in 2001 was mostly attributable to a decrease in subcontract costs.

Mining costs decreased to $468,903 in the three months ended September 30, 2001, compared to $600,143 in the three months ended September 30, 2000, mainly as a result of a decrease in land reclamation projects.

Depreciation and amortization was $396,963 in the three months ended September 30, 2001, compared to $349,939 in the three months ended September 30, 2000. The increase in depreciation and amortization expenses for 2001 was primarily a result of recent capital expenditures, most of which have occurred in the companys electrical construction segment.

General and administrative expenses of the Company increased to $406,567 in the three months ended September 30, 2001, from $351,118 in the three months ended September 30, 2000. General and administrative expenses in the three months ended September 30, 2001 were higher primarily due to increased legal and insurance expense. General corporate expenses increased as a percentage of revenue to 7.8% from 5.6% in the three months ended September 30, 2001 as compared to the three months ended September 30, 2000.

The provision for income taxes was $118,778 in the three months ended September 30, 2001 with an effective tax rate of 35.9% as compared to $37,404 in the three months ended September 30, 2000 and an effective tax rate of 129.7%. The effective tax rate differs from the statutory rate due largely to state income taxes and nondeductible expenses for tax purposes for the three months ended September 30, 2001 and primarily due to state income taxes for the three months ended September 30, 2000.

Liquidity and Capital Resources

Cash and cash equivalents at September 30, 2001 were $5,584,531 as compared to $3,181,948 as of December 31, 2000. The increase in cash was mostly the result of $2,000,000 of life insurance proceeds received from a key-man life insurance policy during the first quarter of 2001. Working capital at September 30, 2001 was $7,926,284, compared to $8,275,941 at December 31, 2000. The Company's ratio of current assets to current liabilities was 5.5:1 at September 30, 2001, compared to 5.4:1 at December 31, 2000.

During the nine months ended September 30, 2001, the Company received proceeds of $129,354 from the exercise of 591,331 stock options of the Company's Common Stock. During the three months ended September 30, 2001, the Company received proceeds of $4,740 from the exercise of 21,666 stock options. The options were exercisable at $0.21875 per share, the fair market value of the Common Stock at the date of the grant.

The Company does not enter into financial instruments for trading purposes. Financial instruments entered into for other than trading purposes consist principally of cash and cash equivalents with limited market risk sensitivity.

The Company paid cash dividends on its Series A Preferred Stock in the amount of $13,181 and $17,819 in the nine months ended September 30, 2001 and 2000, respectively. On June 19, 2001, the Board of Directors of the Company, in accordance with the Restated Certificate of Incorporation, voted to redeem its Series A Preferred Stock. All 339,407 shares of Series A Preferred Stock were redeemed on July 20, 2001 for $1 per share, or $339,407. The Company has paid no cash dividends on its Common Stock since 1933, and it is not expected that the Company will pay any cash dividends on its Common Stock in the immediate future.

Pursuant to an unsecured line of credit agreement between the Company and SunTrust Bank of Central Florida, N.A. (SunTrust) (guaranteed by the Company's subsidiary, Southeast Power Corporation), the Company may borrow up to $3,000,000 at the banks prime rate of interest. This credit line expires April 30, 2002, at which time the Company expects to renew it for an additional year. One hundred thousand dollars of this line of credit has been reserved for a standby letter of credit. As of September 30, 2001 there were no borrowings outstanding under this line of credit.

The Company's capital expenditures for the nine months ended September 30, 2001 decreased to $1,153,783 from $2,741,425 for the nine months ended September 30, 2000. This decrease in the level of capital expenditures was attributable to decreased expenditures at the Company's electrical construction segment.

In addition, the Company has expanded its real estate operations to include development of small, high-end condominium projects. To date, the Company has purchased three waterfront sites for development near Cocoa Beach, Florida. The plans contemplate one twelve unit and one six unit project. The plans for the third site have not yet been finalized. During the third quarter of 2001, the Company entered into a contract to purchase a lot adjoining the third site for $350,000. As of September 30, 2001, the Company had expended $1,673,746 in land acquisition and development costs on these three sites (two oceanfront and one riverfront). Project acquisition, development and construction is expected to take approximately two years per project. The Company does not intend to proceed with the development of a project unless it has sales contracts sufficient to cover most of that projects projected costs. During July 2001, the Company entered into a construction contract and commenced construction on the first condominium project. Construction financing was secured through conventional real estate project financing subsequent to June 30, 2001. The construction of this project is expected to take approximately ten months.

Item 6. Exhibits and Reports on Form 8-K

10-2(g) Amended and Restated Employment Agreement dated November 1, 2001 between The

No Current Report on Form 8-K was filed during the quarter ended September 30, 2001.

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

INDEX TO EXHIBITS

Sequentially

Numbered

Pages

(c) Exhibits

3-1 Restated Certificate of Incorporation of the Company, as amended,

is hereby incorporated by reference to Exhibit 3-1 of the Company's

Current Report on Form 8-K,heretofore filed with the Commission

(file No. 1-7525).

3-2 By-Laws of the Company, as amended, is hereby incorporated by

reference to Exhibit 3-2 of the Company's Current Report on Form 8-K

for the year ended December 19, 2000, heretofore filed with the

Commission (file No. 1-7525).

3-3 Amendment to the Amended By-Laws of the Company is hereby

incorporated by reference in Exhibit 3-3 of the Company's Current

Report on Form 8-K dated December 19, 2000, heretofore filed with

the Commission (file No. 1-7525).

4-1 Action by Unanimous Consent of Holders of Preferred Stock as of

September 30, 1979 permanently waiving mandatory redemption is

hereby incorporated by reference to Exhibit 3-5 of the Company's

Registration Statement on Form S-l, No. 2-65781, heretofore filed

with the Commission on November 28, 1979.

4-2 Specimen copy of Company's Common Stock certificate is hereby

incorporated by reference to Exhibit 4-5 of the Company's Annual

Report on Form 10-K for the year ended December 31, 1987,

heretofore filed with the Commission (file No. 1-7525).

4-3 The Goldfield Corporation 1998 Executive Long-term Incentive

Plan is hereby incorporated by reference to the Company's

Registration Statement on Form S-8, No. 333-72241, heretofore

filed with the Commission on February 12, 1999.

10-2 Employment Agreement effective January 15, 1985 between The

Goldfield Corporation and John H. Sottile is hereby

incorporated by reference to Exhibit 10-6 of the Company's

Registration Statement on Form S-l, No. 33-3866, heretofore

filed with the Commission on March 10, 1986.

10-2(a) Amendment dated February 25, 1986 to the Employment Agreement

included in Exhibit 10-2 is hereby incorporated by reference

to Exhibit 10-6(a) of the Company's Registration Statement on

Form S-l, No. 33-3866, heretofore filed with the Commission on

March 10, 1986.

10-2(b) Amendment dated September 23, 1988 to Employment Agreement

effective January 15, 1985 between The Goldfield Corporation

and John H. Sottile is hereby incorporated by reference to

Exhibit 10-2(b) to the Company's report on Form 10-Q for the

quarter ended September 30, 1988, heretofore filed with the

Commission (file No. 1-7525).

10-2(c) Amendment dated February 27, 1990 to Employment Agreement

effective January 15, 1985 between The Goldfield Corporation

and John H. Sottile, is hereby incorporated by reference to

Exhibit 10-2(c) of the Company's Annual Report on Form 10-K

for the year ended December 31, 1989, heretofore filed with

the Commission (file No. 1-7525).

10-2(d) Amendment dated January 29, 1992 to Employment Agreement

effective January 15, 1985 between The Goldfield Corporation

and John H. Sottile, is hereby incorporated by reference to

Exhibit 10-2(d) of the Company's Annual Report on Form 10-K

for the year ended December 31, 1991, heretofore filed with

the Commission (file No. 1-7525).

10-2(e) Amendment dated September 15, 1995 to Employment Agreement

effective January 15, 1985 between The Goldfield Corporation

and John H. Sottile, is hereby incorporated by reference to

Exhibit 10-2(e) of the Company's report on Form 10-Q for the

quarter ended September 30, 1995, heretofore filed with

the Commission (file No. 1-7525).

10-2(f) Amendment dated September 20, 1999 to Employment Agreement

effective January 15, 1985 between The Goldfield Corporation

and John H. Sottile, is hereby incorporated by reference to

Exhibit 10-2(f) of the Company's report on Form 10-Q for the

quarter ended September 30, 1999, heretofore filed with the

Commission (file No. 1-7525).

+10-2(g) Amended and Restated Employment Agreement dated November 1, 2001 22

between The Goldfield Corporation and John H. Sottile.

10-3 Employment Agreement dated January 1, 1986 among John H. Sottile,

Southeast Power Corporation and The Goldfield Corporation is

hereby incorporated by reference to Exhibit 10-8 of the

Company's Registration Statement on Form S-l, No. 33-3866,

heretofore filed with the Commission on March 10, 1986.

10-3(a) Amendment No. 1 to Employment Agreement dated January 1, 1986

among John H. Sottile, Southeast Power Corporation and The

Goldfield Corporation is hereby incorporated by reference to

Exhibit 10-4(a) of the Company's report on Form 10-Q for the

quarter ended September 30, 1988, heretofore filed with the

Commission (file No. 1-7525).

10-3(b) Amendment No. 2 to Employment Agreement dated January 1, 1986

among John H. Sottile, Southeast Power Corporation and The

Goldfield Corporation, is hereby incorporated by reference to

Exhibit 10-4(b) of the Company's Annual Report on Form 10-K for

the year ended December 31, 1991, heretofore filed with the

Commission (file No. 1-7525).

10-3(c) Amendment dated September 11, 1995 to Employment Agreement

effective January 1, 1986 between Southeast Power Corporation

and John H. Sottile, is hereby incorporated by reference to

Exhibit 10-3(c) of the Company's report on Form 10-Q for the

quarter ended September 30, 1995 heretofore filed with the

Commission (file No. 1-7525).

10-3(d) Amendment dated September 20, 1999 to Employment Agreement

effective January 1, 1986 between Southeast Power Corporation

and John H. Sottile, is hereby incorporated by reference to

Exhibit 10-3(d) of the Company's report on Form 10-Q for the

quarter ended September 30, 1999 heretofore filed with the

Commission (file No. 1-7525).

10-4 Employee Benefit Agreement dated November 20, 1989 between

The Goldfield Corporation and John H. Sottile, is hereby

incorporated by reference to Exhibit 10-5 of the Company's

Annual Report on Form 10-K for the year ended December 31,

1989, heretofore filed with the Commission (file No. 1-7525).

10-4(a) Cancellation and Release Agreement dated June 12, 2000 between

The Goldfield Corporation and John H. Sottile is hereby

incorporated by reference to Exhibit 10-9 of the Company's

report on Form 10-Q for the quarter ended June 30, 2000

heretofore filed with the Commission (file No. 1-7525).

10-5 Employee Benefit Agreement dated November 16, 1989 between

The Goldfield Corporation and Stephen R. Wherry, is hereby

incorporated by reference to Exhibit 10-6 of the Company's

Annual Report on Form 10-K for the year ended December 31, 1989,

heretofore filed with the Commission (file No. 1-7525).

10-5(a) Cancellation and Release Agreement dated June 12, 2000 between

The Goldfield Corporation and Stephen R. Wherry is hereby

incorporated by reference to Exhibit 10-10 of the Company's

report on Form 10-Q for the quarter ended June 30, 2000

heretofore filed with the Commission (file No. 1-7525).

10-6 Stock Purchase Agreement dated April 12, 1993 between Florida

Transport Corporation and Royalstar Southwest, Inc. relating

to the sale of San Pedro Mining Corporation is hereby

incorporated by reference to Exhibit 10-13 of the Company's

Annual Report on Form 10-K for the year ended December 31,

1993, heretofore filed with the Commission (file No. 1-7525).

10-6(a) Amendment dated April 3, 1996 to Promissory Note dated

April 12, 1993 between Florida Transport Corporation and The San

Pedro Mining Corporation, Royalstar Resources Ltd., and

Royalstar Southwest is hereby incorporated by reference to

Exhibit 10-6(a) of the Company's Annual Report on Form 10-K

for the year ended December 31, 1996, heretofore filed with

the Commission (file No. 1-7525).

10-6(b) Amendment dated February 18, 1997 to Promissory Note dated

April 12, 1993 between Florida Transport Corporation and

The San Pedro Mining Corporation, Royalstar Resources Ltd.,

and Royalstar Southwest is hereby incorporated by

reference to Exhibit 10-6(b) of the Company's Annual Report

on Form 10-K for the year ended December 31, 1996, heretofore

filed with the Commission (file No. 1-7525).

10-6(c) Amendment dated May 2, 1997 to Promissory Note dated

April 12, 1993 between Florida Transport Corporation and

The San Pedro Mining Corporation, Royalstar Resources Ltd.,

and Royalstar Southwest is hereby incorporated by reference to

Exhibit 10-6(c) of the Company's report on Form 10-Q for

the quarter ended March 31, 1997, heretofore filed with the

Commission (file No. 1-7525).

10-6(d) Amendment dated December 23, 1997 to the Modification of

SecuredTerm Note, Mortgage, Security Agreement and Financing

Statements between Florida Transport Corporation and The San

Pedro Mining Corporation, Royalstar Resources Ltd. and Royalstar

Southwest, Inc. heretofore filed with the Commission

(file No. 1-7525).

10-7 The Goldfield Corporation and Subsidiaries Standardized Adoption

Agreement and Prototype Cash or Deferred Profit-Sharing Plan and

Trust Basic Plan Document No. 3 effective January 1, 1995, is

hereby incorporated by reference to Exhibit 10-9 of the Company's

report on Form 10-Q for the quarter ended March 31, 1995,

heretofore filed with the Commission (file No. 1-7525).

10-8 Royalty Agreement dated February 19, 1982 between Bow Valley

Coal Resources, Inc. and Northern Goldfield Investments,

Ltd., Inc. is hereby incorporated by reference to Exhibit

10-8 of the Company's Annual Report on Form 10-K for the year

ended December 31, 1996, heretofore filed with the Commission

(file No. 1-7525).

10-8(a) Amendment dated February 14, 1997 to Royalty Agreement dated

February 19,1982 between Great Western Coal Inc. dba New

Horizons Coal Inc. and The Goldfield Corporation is hereby

incorporated by reference to Exhibit 10-8(a)of the Company's

Annual Report on Form 10-K for the year ended December 31,

1996, heretofore filed with the Commission (file No. 1-7525).

of November 1, 2001, is by and between The Goldfield Corporation (the 'Company') and John H. Sottile

WHEREAS, The Executive is currently employed by the Company pursuant to a letter agreement

dated January 15, 1985, and by Southeast Power Corporation ('SEPCO') pursuant to an

employment agreement made as of January 1, 1986, both as subsequently amended (collectively referred to

WHEREAS, the Company and the Executive wish to amend and restate the Prior Agreements.

NOW, THEREFORE, in consideration of the premises and the mutual covenants contained herein,

1. Effect on Prior Agreements. This Agreement shall supersede the Prior Agreements and any other

prior employment or severance agreements between the Company and the Executive. As of

November 1, 2001, the Prior Agreements shall be of no force or effect and any rights or obligations

of the Company, SEPCO, or the Executive under the Prior Agreements shall expire.

2. Affiliates. Employment by an Affiliate of the Company or a successor to the Company will be

considered employment by the Company for purposes of this Agreement, and termination of

employment with the Company means termination of employment with the Company and all its

Affiliates and successors. The term 'Company' as used in this Agreement will be deemed to

include Affiliates and successors, as appropriate. For purposes of this Agreement, the term Affiliate

means the subsidiaries of The Goldfield Corporation and other entities directly or indirectly under

(a) The Company shall employ the Executive, and the Executive shall serve the Company on the terms

and conditions set forth in this Agreement, commencing on November 1, 2001 (the 'Effective Date')

and continuing, unless terminated earlier pursuant to section 6 hereof, until January 31, 2005, or such

(b) The Employment Period shall be extended automatically for three months on the last day of each

three-month period following the Effective Date unless either party gives written notice to the other

(a) Position, Duties, and Responsibilities. The Executive shall serve as the President and Chief

Executive Officer of the Company with such duties and responsibilities as are commensurate with

such positions, and such other duties and responsibilities not inconsistent therewith as may from time

to time be assigned to the Executive by the Board of Directors of the Company (the 'Board'). If

directed by the Board, the Executive may also be required to serve as an officer or director of an

(b) Time and Attention. Excluding any periods of vacation and sick leave to which the Executive is

entitled, the Executive shall devote substantially all of his working time and attention and his best efforts

to the business and affairs of the Company. It is understood, and shall not be considered a violation of

the foregoing, that the Executive is a director and officer of other corporations that are not Affiliates of

the Company and that a small portion of the Executive's working time will be devoted to these activities.

The Executive shall not be required to relocate or to perform duties at any location outside the City of

Melbourne, Florida, except for travel in the normal course of the business as it is presently being

conducted, and except that the Executive shall be required to do work at the Executive's home in the

normal course of the business as it is presently being conducted. The Executive shall not be precluded

from having or making general personal investments. The Executive shall not engage in any activity that

5. Compensation. During the Employment Period, the Executive shall be entitled to the following

(a) Base Salary. The Executive's initial rate of annual base salary shall be $388,510, being the same

salary which as in effect under the Prior Agreements, paid pursuant to the Company's executive payroll

practice (but not less than bi-monthly). During the Employment Period, the Executive's rate of annual

base salary shall be reviewed from time to time by the Board and, in the sole discretion of the Board,

may be increased (but not decreased); provided, however, that, at a minimum, the Executive's rate of

annual base salary shall be increased effective January 1 of each year by an amount equal to the

percentage increase, if any, over the preceding 12 months in the Consumer Price Index for All

Urban Consumers - U. S. City Average - All Items (1982-84 = 100) (such annual base salary,

as may be increased from time to time, the 'Base Salary'). In calculating any increase in such

Index as of January 1, 2002, any such increase shall be determined with reference to the preceding

(b) Annual Bonus. The Board (or a committee thereof), in its sole discretion, may award the Executive

annual bonuses during the Employment Period (the 'Annual Bonus'). The amount, terms and conditions

of such Annual Bonus, if any, shall be determined in the sole discretion of the Board.

(i) The Executive shall be entitled to a cumulative vacation or vacations, with pay, totaling

(ii) The Executive shall be entitled to participate in all employee benefit plans and programs

(including, without limitation, all retirement, life and health insurance, short-term and

long-term incentive compensation (including stock option), fringe benefit, and expense

reimbursement plans and programs) and such other plans or programs as may be specified

by the Board (or a committee thereof). Without limiting the generality of the foregoing,

the Company shall reimburse (to the extent not paid for by Company-provided health

insurance) the Executive for an annual physical examination by a physician chosen by the

Executive and shall reimburse the Executive for membership fees and related costs and

(iii) The Company shall provide to the Executive an automobile substantially equivalent in value to the

automobile provided by the Company prior to November 1, 2001. In either case, the Executive

shall also be entitled to costs incurred by the Executive for all fuel, oil, and lubrication related to

the business use of the automobile, including travel between the Executive's home to his place

(a) Death or Disability. The Executive's employment and the Employment Period shall be deemed

terminated as of the date of the Executive's death. The Company or the Executive may terminate the

Executives employment upon at least thirty (30) days advance written notice in the event the Executive

(i) The Company may terminate the Executive's employment with or without Cause (as defined below)

(ii) For purposes of this Agreement, 'Cause' means the Executive's commission of a dishonest act,

fraud, misappropriation, or embezzlement which results in material economic damage to the

Company. No event described in this section 6(b) shall constitute Cause unless the Company has

given the Executive written notice of termination specifying the condition(s) or event(s) relied upon

for such notice and an opportunity to be heard by the Board, and, if the termination is based on a

condition or event capable of being cured, the Executive has failed to cure the condition or event

asserted to constitute Cause within the 90-day period following receipt of such notice; provided,

however, that during the 90-day period following the receipt of such notice, the Board may, in its

sole discretion, place the Executive on paid leave of absence (during which time the Executive shall

continue to receive and/or accrue all payments and benefits he was receiving or was eligible

to receive at the time such notice was given unless prohibited under the terms of the applicable

(i) The Executive may terminate his employment with or without 'Good Reason' at any time,

(ii) The Executive may terminate his employment for Good Reason if any of the following events

(A) the Company fails to provide the compensation or benefits provided for in this Agreement;

(B) a change of the Executive's title, position or status that results in a material reduction in the

Executive's authority, duties or responsibilities, including, without limitation, the Executive

no longer occupying the positions of President and Chief Executive Officer of a company

(D) the relocation of the Executive's principal place of business by more than 25 miles;

(F) a Change in Control of the Company. No such event described hereunder shall constitute

Good Reason unless the Executive has given written notice to the Company specifying the

event relied upon for such termination within one (1) year after the occurrence of such event

and the Company has not remedied such within 30 days of receipt of such notice. The Company

and Executive, upon mutual written agreement, may agree that an event that would otherwise

constitute a Good Reason under any of the foregoing provisions shall not constitute Good

(iii) For purposes of this Agreement, the term 'Change in Control' shall have the following meaning:

(A) any person or group (as such term is defined in Section 3(a)(9) of the Securities Exchange

Act of 1934 (the 'Exchange Act') and as used in Sections 13(d)(3) and 14(d)(2) of the

Exchange Act ('Person') becomes a 'beneficial owner' (as defined in Rule 13d-3 under

the Exchange Act), directly or indirectly, of securities of the Company representing 20%

or more of the combined voting power of the Company's then outstanding securities

eligible to vote for the election of the Board (the 'Company Voting Securities');

provided, however, that the event described in this paragraph (A) shall not be deemed

to be a Change in Control by virtue of any of the following acquisitions: (1) by the

underwriter temporarily holding securities pursuant to an offering of such securities;

(B) consummation of a transaction that involves (1) any consolidation, merger, or share exchange

(a 'Business Combination') of the Company, other than a Business Combination in which the

holders of Company Voting Securities immediately prior to the Business Combination

directly or indirectly own, in substantially the same proportions, at least 80% of the

outstanding voting stock of the continuing or surviving corporation, or (2) any sale,

lease, exchange or other transfer (in one transaction or a series of related transactions)

of all or substantially all of the assets of the Company (except to an entity 80% of the

outstanding voting stock of which is owned, in substantially the same proportions,

directly or indirectly, by the holders of Company Voting Securities immediately prior

by a majority of the directors on the Board as of the close of business on November 30, 2001, nor

appointed or endorsed (whether directly or by way of approval of a merger, acquisition or similar

(i) Notice of Termination. Any purported termination of the Executive's employment (other than by

reason of death) shall be communicated by written notice of termination from one party hereto

to the other party hereto in accordance with the notice provisions contained in section 12(b)

(ii) Date of Termination. For purposes of this Agreement, the date of termination shall be the date

(iii) No Waiver. The failure to set forth any fact or circumstance in a notice of termination shall not

constitute a waiver of the right to assert such fact or circumstance in an attempt to enforce any right

(a) Termination by the Company for Cause, or by the Executive without Good Reason. If, during the

Employment Period, the Executive's employment is terminated by the Company for Cause, or if the

Executive terminates his employment without Good Reason, the Company shall pay to the Executive

any portion of the Executive's Base Salary that has been earned but not paid as of the date of

termination and any Annual Bonus that has been earned and awarded but not paid as of the

(b) Termination due to Disability. If, during the Employment Period, the Executive or the Company

terminates the Executive's employment due to the Executive's Disability, the Company shall pay

to the Executive (or, if the Executive dies after termination of employment but before receiving

all payments to which he has become entitled hereunder, to the Executive's estate or personal

(i) a lump sum cash payment of accrued but unpaid Base Salary and accrued but unused vacation;

(ii) a lump sum cash payment of a prorated portion of the Executive's Annual Bonus (unless the

Executive receives his Annual Bonus for the year of termination pursuant to the bonus plan,

policy or arrangement, in which case the Executive shall be paid in accordance with the terms

of such plan, policy or arrangement), determined by calculating the product of (A) the amount

of the Executive's Annual Bonus, and (B) a fraction, the numerator of which is the number

of days worked in the year in which the termination of employment occurs and the denominator

(iii) a lump sum cash amount equal to 1 times the Executive's Average W-2 Compensation

(iv) continued health care benefits, consistent with the Company's current health care plan, for

the Executive, his spouse and dependents, for a period of three (3) years after termination of

If the Company reasonably determines that the continued coverage required under Section 7(b)(iv) would

a welfare plan sponsored by the Company to violate any provision of the Code prohibiting discrimination in

favor of highly compensated employees or key employees, or if any benefits described in Section 7(b)(iv)

cannot be provided pursuant to the appropriate plan or program maintained for employees of the Company,

the Company shall provide such benefits outside such plan or program at no additional cost (including,

for a reason other than as set forth in Section 7(a) or (b) above, the Company shall pay to

the Executive (or, if the Executive dies after termination of employment but before receiving

all payments to which he has become entitled hereunder, to the Executive's estate or personal

(i) a lump sum cash payment of accrued but unpaid Base Salary and accrued but unused vacation;

(ii) a lump sum cash payment of a prorated portion of the Executive's Annual Bonus (unless the

Executive receives his Annual Bonus for the year of termination pursuant to the bonus plan,

policy or arrangement, in which case the Executive shall be paid in accordance with the terms

of such plan, policy or arrangement), determined by calculating the product of (A) the amount

of the Executive's Annual Bonus, and (B) a fraction, the numerator of which is the number of

days worked in the year in which the termination of employment occurs and the denominator of

(iii) a lump sum cash amount equal to 2.999 times the Executive's Average W-2 Compensation (as

(iv) continued health care benefits, consistent with the Company's current health care plan, for the

Executive, his spouse and dependents for a period of three (3) years after termination of

If the Company reasonably determines that the continued coverage required under Section 7(c)(iv) would

cause a welfare plan sponsored by the Company to violate any provision of the Code prohibiting

discrimination in favor of highly compensated employees or key employees, or if any benefits described

in Section 7(c)(iv) cannot be provided pursuant to the appropriate plan or program maintained for

employees of the Company, the Company shall provide such benefits outside such plan or program at

(d) Average W-2 Compensation. For purposes of this Agreement, the term Average W-2 Compensation

shall mean the average of the Executive's wages as reflected in the W-2 forms provided by the Company

for the five (5) calendar years preceding the calendar year in the which the termination of employment

8. Excise Tax. If Independent Tax Counsel (as that term is defined below) shall determine that the aggregate

payments and benefits provided to the Executive pursuant to this Agreement, when combined with other

payments and benefits provided to the Executive from the Company, its Affiliates and/or plans of the

Company and/or its Affiliates, which constitute parachute payments as defined in Section 280G of the

Code, or any successor provision thereto ('Parachute Payments'), would be subject to the excise tax

imposed by Section 4999 of the Code (the 'Excise Tax'), then such Parachute Payments shall be

reduced (but not below zero) to the extent necessary so that no portion of the Parachute Payments

shall be subject to the Excise Tax. The determination of the Independent Tax Counsel under this

subsection shall be final and binding on all parties hereto. No additional payments by the Company

or return of payments by the Executive shall be required or made if an Excise Tax is later imposed

upon the Executive or a later determination is made which, based on case law, an IRS holding or

otherwise, would result in a recalculation of the Excise Tax implications. The Company and the

Executive shall agree upon which payments and/or benefits shall be reduced or eliminated in order to

effectuate the limitations described above. Any notice given by the Executive pursuant to the

preceding sentence shall take precedence over the provisions of any other plan, arrangement or

agreement governing the Executive's rights and entitlement to any benefits or compensation. For

purposes of this Section 3(b), 'Independent Tax Counsel' shall mean a lawyer, a certified public

accountant with a nationally recognized accounting firm, or a compensation consultant with a nationally

recognized actuarial and benefits consulting firm with expertise in the area of executive compensation tax

law, who shall be selected by the Company and shall be reasonably acceptable to the Executive, and

9. Legal Fees, Costs and Expenses. The Company agrees to immediately pay, upon written demand

therefore by the Executive, all legal fees and expenses the Executive incurs as a result of any dispute

or contest (regardless of the outcome thereof) by or with the Company or others regarding the

validity or enforceability of, or liability under, any provision of this Agreement. The Executive agrees

to repay to the Company any such fees and expenses paid or advanced by the Company if and to

the extent that the Company or such others obtains a judgment or determination that the Executive's

(a) Assignment and Enforceability of Agreement. This Agreement is personal to the Executive and

shall not be assignable by the Executive. This Agreement shall be enforceable by the Executive's

(b) Successors of the Company. No rights or obligations of the Company under this Agreement may

be assigned or transferred except that the Company will require any successor (whether direct or

indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business

and/or assets of the Company to expressly assume and agree to perform this Agreement in the

same manner and to the same extent that the Company would be required to perform it. Such

assumption shall not affect the Executive's rights under Section 6(c)(ii)(F). As used in this

Agreement, 'Company' shall mean the Company as defined herein and any successor that expressly

assumes and agrees to perform this Agreement or which otherwise becomes bound by all the

11. Arbitration. Any controversy or claim arising out of or relating to this Agreement shall be finally

resolved by arbitration in accordance with the Employment Dispute Resolution Rules of the

American Arbitration Association (the 'AAA'). The arbitrator or arbitrators shall be selected

by agreement of the parties or, if they cannot agree on an arbitrator or arbitrators within 30 days

after the date arbitration is required by either party, then the arbitrator or arbitrators shall be

selected by the AAA upon the application of the Executive or the Company. The determination

reached in such arbitration shall be final and binding on both parties without any right of appeal

or further dispute. Execution of the determination by such arbitrator may be sought in any

court of competent jurisdiction. The arbitrators shall not be bound by judicial formalities and may

abstain from following the strict rules of evidence. Unless otherwise agreed by the parties, any

(a) Governing Law and Captions. This Agreement shall be governed by, and construed in

accordance with, the laws of the State of Florida, without reference to principles of conflict

of laws. The captions of this Agreement are not part of the provisions hereof and shall have

(b) Notices. All notices and other communications under this Agreement shall be in writing and

shall be given by hand delivery or by facsimile (provided confirmation of receipt of such

facsimile is received) to the other party or by registered or certified mail, return receipt

or to such other address as either party furnishes to the other in writing in accordance with this

section. Notices and communications shall be effective when actually received by the addressee.

agreement executed by the parties hereto or their respective successors or legal representatives.

(d) Severability. The invalidity or unenforceability of any provision of this Agreement shall not

affect the validity or enforceability of any other provision of this Agreement. If any provision

of this Agreement shall be held invalid or unenforceable in part, the remaining portion of such

provision, together with all other provisions of this Agreement, shall remain valid and

enforceable and continue in full force and effect to the fullest extent consistent with law.

(e) Withholding. Notwithstanding any other provision of this Agreement, the Company may

withhold from amounts payable under this Agreement all federal, state, local, and foreign

(f) Entire Understanding. The Executive and the Company acknowledge that, except as

expressly provided herein, this Agreement supersedes and terminates any other consulting,

employment, severance or similar agreements between the Executive and the Company

or any Affiliate of the Company. This Agreement may be executed in several counterparts,

each of which shall be deemed an original, and said counterparts shall constitute but one

(g) Rights and Benefits Unsecured. The rights and benefits of the Executive under this Agreement

may not be anticipated, assigned, alienated, or subject to attachment, garnishment, levy,

execution, or other legal or equitable process except as required by law. Any attempts

by the Executive to anticipate, alienate, assign, sell, transfer, pledge, or encumber the same

shall be void. Payments hereunder shall not be considered assets of the Executive in the

(h) Waiver of Breach. The waiver by either party of a breach or violation of any provision hereof

shall not operate as a waiver of any subsequent breach of the same or any other provision

(i) Voluntary Limitation. The Executive may elect to limit amounts payable under this Agreement

by notifying the Company, prior to the Executive's receipt of such amounts, that the

(j) Full Settlement. Except as otherwise provided in section 8 hereof, the Company's

obligation to make the payments provided for in this Agreement and otherwise to perform

its obligations hereunder shall be absolute and unconditional and shall not be affected by

any circumstances, including, without limitation, any set-off, counterclaim, recoupment,

defense or other claim, right or action which the Company may have against the Executive

IN WITNESS WHEREOF, the Executive has hereunto set his hand and, pursuant to the authorization of

the Board, the Company has caused this Agreement to be executed, all as of the day and year set forth

Southeast Power Corporation agrees to the termination of its employment agreement with the Executive as

contemplated by this Agreement and the termination of its rights and obligations thereunder effective as of

Current
Federal	$ 11,000	$ 2,000	$ 20,000	$ 2,000
State	(10,222)	35,404	60,778	95,560
	778	37,404	80,778	97,560
Deferred
Federal	102,000	--	273,000	(608,000)
State	16,000	--	57,000	(114,000)
	118,000	--	330,000	(722,000)
Total	$118,778	$ 37,404	$ 410,778	$ (624,440)

	Three Months Ended
	September 30,
	2001	2000
Revenue from operations to unaffiliated customers
Electrical construction	$ 4,489,015	$ 5,621,835
Mining	480,720	592,179
Installment gain on sale of real estate	247,958	4,558
Total	$ 5,217,693	$ 6,218,572

Gross profit
Electrical construction	$ 509,845	$ 401,177
Mining	(50,567)	(68,854)
Total gross profit	459,278	332,323

Installment gain on sale of real estate	247,958	4,558
Interest and other income, net	60,855	71,309
Interest expense, net	(11,022)	(11,031)
General and administrative expenses	(425,768)	(368,318)
Income from operations before income taxes	$ 331,301	$ 28,841

	Nine Months Ended
	September 30,
	2001	2000
Revenue from operations to unaffiliated customers
Electrical construction	$15,558,122	$ 17,428,000
Mining	1,454,489	2,109,694
Installment gain on sale of real estate	510,565	37,900
Total	$17,523,176	$ 19,575,594

Gross profit
Electrical construction	$ 2,475,643	$ 2,107,147
Mining	(131,028)	98,145
Total gross profit	2,344,615	2,205,292

Installment gain on sale of real estate	510,565	37,900
Interest and other income, net	228,242	285,094
Interest expense, net	(39,075)	(14,391)
General and administrative expenses	(1,882,035)	(1,768,668)

Income from operations before income taxes	$ 1,162,312	$ 745,227

	2001	2000
Identifiable assets
Electrical construction	$11,236,318	$10,995,872
Mining	3,094,383	2,731,748
Corporate	6,300,557	6,501,335
Total	$20,631,258	$20,228,955