2012beof-111206092256-phpapp02

2012beof-111206092256-phpapp02

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Unformatted text preview: on the Eastern Plains. Minerals and Uranium Colorado’s nonfuel minerals and uranium mining output is expected to increase in 2011 and 2012. The Colorado Geological Survey has calculated a total value of $1.3 billion for production value in 2011 and nearly $1.7 billion in 2012. The price of molybdenum—the largest component of Colorado’s mineral production—stabilized 26 Nonfuel Minerals $702 949 1,782 1,762 1,886 2,084 965 1,050 1,336 1,673 Uranium Total $0.4 2.0 7.3 0.0 <1.0 16.0 6.0 0.0 0.0 0.0 $702 951 1,789 1,762 1,886 2,100 971 1,050 1,336 1,673 a Estimated. b Forecast. Source: U.S. Geological Survey, Mineral Survey Reports. in the vicinity of 22 per pound in 2010. The price Page $17 remained at that level in 2011, although production decreased slightly. Gold production in 2011 is projected to increase over 2010. The average gold price has also risen in 2011, to $1,600 per ounce from $1,370 per ounce. Again in 2011, industrial mineral production (mainly construction materials) has been slow, although the value mined is predicted to cl...
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This note was uploaded on 02/11/2013 for the course MGMT 231 taught by Professor Yu during the Spring '13 term at Bauder.

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