-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 IZ/kgcj5I76QUZ4jXnR7dBWgcDm4pfOxwROKsSRp2c0aKBisOArzg38SlpKAHJLE
 wHYdtB8VSFs+NB0xPpgAlA==

<SEC-DOCUMENT>0000898080-07-000272.txt : 20070820
<SEC-HEADER>0000898080-07-000272.hdr.sgml : 20070820
<ACCEPTANCE-DATETIME>20070820140811
ACCESSION NUMBER:		0000898080-07-000272
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20070816
FILED AS OF DATE:		20070820
DATE AS OF CHANGE:		20070820

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			FAZZINI JOHN P
		CENTRAL INDEX KEY:			0001137621

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-07525
		FILM NUMBER:		071067427

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		8636760707

	MAIL ADDRESS:	
		STREET 1:		101 E STUART AVE
		CITY:			LAKE WALES
		STATE:			FL
		ZIP:			33853

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GOLDFIELD CORP
		CENTRAL INDEX KEY:			0000042316
		STANDARD INDUSTRIAL CLASSIFICATION:	WATER, SEWER, PIPELINE, COMM AND POWER LINE CONSTRUCTION [1623]
		IRS NUMBER:				880031580
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0705

	BUSINESS ADDRESS:	
		STREET 1:		1684 WEST HIBISCUS BLVD.
		CITY:			MELBOURNE
		STATE:			FL
		ZIP:			32901
		BUSINESS PHONE:		321-724-1700

	MAIL ADDRESS:	
		STREET 1:		1684 WEST HIBISCUS BLVD.
		CITY:			MELBOURNE
		STATE:			FL
		ZIP:			32901

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GOLDFIELD CONSOLIDATED MINES CO
		DATE OF NAME CHANGE:	19670628
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar1518_31300form4ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2007-08-16</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000042316</issuerCik>
        <issuerName>GOLDFIELD CORP</issuerName>
        <issuerTradingSymbol>GV</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001137621</rptOwnerCik>
            <rptOwnerName>FAZZINI JOHN P</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>101 E STUART AVE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>LAKE WALES</rptOwnerCity>
            <rptOwnerState>FL</rptOwnerState>
            <rptOwnerZipCode>33853</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2007-08-16</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>1850</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0.65</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>21950</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <ownerSignature>
        <signatureName>/s/ John P. Fazzini</signatureName>
        <signatureDate>2007-08-20</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----