Exhibit 23



                       CONSENT OF INDEPENDENT AUDITORS



     The Board of Directors
     The Goldfield Corporation:


     We consent to the incorporation by reference in the Registration
     Statement (No. 333-72241) on Form S-8 of The Goldfield Corporation
     of our report dated February 15, 2000, with respect to the
     consolidated balance sheets of The Goldfield Corporation and
     subsidiaries as of December 31, 1999 and 1998, and the related
     consolidated statements of operations, stockholders' equity and cash
     flows for each of the years in the three-year period ended December
     31, 1999, which report appears in the 1999 Annual Report on Form 10-K
     of The Goldfield Corporation.



     /s/
     KPMG LLP

     Orlando, Florida
     March 13, 2000