Earlier that same week, Sanderson addressed a group of more than 60 who had gathered to hear the latest outlook on commodities ranging from oil to coal to minerals. Colorado remains a leading mineral producing state, whose commodities range from sodium bicarbonate to gypsum and limestone. Colorado is also the nation’s leading producer of molybdenum and ranks 4th in gold, with gold mining expected to continue in the aftermath of the acquisition by Newmont Mining Corporation, the nation’s leading gold miner, of the Cripple Creek & Victor Gold Mine, the state’s top gold producer. He again took aim at anti-coal groups who claim that the low price of natural gas is the sole reason for lower coal production, citing specific legislative mandates and measures for higher cost energy sources that have resulted in a direct decline in coal production here at the state level. He also praised Colorado’s decision to join in suing the EPA over the agency’s carbon regulations, the most expensive in the history of the Clean Air Act. Notwithstanding the Obama Administration’s war on the economy and affordable energy, Colorado still ranks in the top ten of coal mining states.
The conference, sponsored annually by the University of Colorado Leeds School of Business, is attended by nearly one thousand overall.
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