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Can You Say Molybdenum?
by Doug 1404 days ago

Colorado is one of only a handful of states that has ample reserves of both energy fuels such as coal, uranium and natural gas, and critical and strategic minerals. The state is not only rich in some of these much-needed natural resources, but Colorado’s wind resources are some of the best as well.

CMA_Logo.JPGBut this post is about Colorado mining. The 114th annual National Western Mining Conference & Exhibition, held in March and hosted by the Colorado Mining Association, attracted more than 850 attendees. They came to hear not only about the mining that takes place in Colorado but to hear from some of the important mining companies based in our state.

Did you know Colorado:

  • Leads the nation in molybdenum (mo-lyb´-de-num) production (yes, we at MGA actually know how molybdenum is used);
  • Ranks fourth among the states in the production of gold; and,
  • Ranks 11th in coal production?

 Some of the speakers I heard at the conference included:

  • Mark Smith, President and CEO of Molycorp based in Greenwood Village, Colorado, who spoke about its Mountain Pass Mine in California and global rare earth supply chains;
  • William Heissenbuttel from Denver’s Royal Gold, the leading precious-metals royalty company, who spoke about its 2010 acquisition of International Royalty that increased the size of the company substantially; and,
  • Stephen Antony, President and CEO of Lakewood-based Energy Fuels Resources Corporation talked about its recent merger with Titan Uranium and its proposed uranium and vanadium mill in western Colorado.

MGA is proud to have represented many mining and oil and gas companies during our 25-year existence. Colorado has a rich mining history and remains an important industry in our state. It is our hope to continue providing strategic communications counsel to the state’s many natural resources organizations.

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