This annual report describes exploration, development, and production activity of the gas and oil, coal, and mineral industries of Colorado in 1999. Includes information on the economic impact of these industries to the state. 32 pages. 31 figures. 12 tables. Digital PDF download. IS-54D
The estimated total value of 1999 mineral and mineral fuel production in Colorado is $2,835 million dollars. Mineral fuels yielded $1,913 million in 1999, a 12 percent increase from the 1998 value of $1,714 million. A higher oil and natural gas price is the primary reason for the increase in value for 1999. The value of Colorado coal production is estimated at $360 million.
Estimated 1999 non-fuel mineral production — including metals, industrial minerals, and construction materials – is valued at $555 million by the USGS Mineral Information Center. This figure is a decrease of eight percent from the 1998 value of $604 million. The decreased valuation is mostly due to lower molybdenum prices, decreased molybdenum production, and the closure of the Black Cloud Mine.