March 3, 2016
COLORADO RANKS HIGH IN 2015 INTERNATIONAL MINING SURVEY
DENVER MINING CONFERENCE TO SHOWCASE OPPORTUNITIES
Denver, CO – A recent international survey of mining executives shows that Colorado’s ranking as a venue for mining investment improved sharply in 2015. According to the Fraser Institute’s Annual Survey of Mining Companies: 2015, Colorado now ranks 28th out of 109 countries and states for mining investment potential, near the top quartile of all countries and states surveyed.
Stuart Sanderson, CMA President, said that the findings underscore that “Colorado has always been a major mining state, which ranks 10th among the states in coal production, 4th in gold and 1st in molybdenum.”
He was also quick to point out that “the survey shows that Colorado is worth a another look by companies seeking to locate or expand operations, due to the variety of mineral resources found within the state.” And all of these operations and opportunities will be showcased at the CMA’s 118th National Western Mining Conference & Exhibition, to be held at the Colorado Convention Center in Denver March 21-24,” he added.
Billed as the largest mining event to be held in the Rocky Mountain region in 2016, the conference is expected to draw hundreds of investors and mining professionals from the west and around the world. The theme – Rethinking Strategies, Regaining Ground: Building Mile High Mining Opportunities will embrace both the challenges as well as the exciting developments in the growth of Colorado’s industry. Go to www.coloradomining.org for additional information about our program.
A high powered lineup of speakers will address the following hot topics, and more:
- Gold Mine Acquisitions Spell Opportunity – In one of the most exciting developments of last year, Colorado based Newmont Mining Corporation, the nation’s leading gold producer, acquired the Cripple Creek & Victor Gold Mine, the state’s top producer.
- Suresh Rajapakse, Vice President, Health Safety & Security, Newmont Mining Corporation will discuss the future of gold mining in Colorado, the nation’s 4th leading producer, and throughout the world.
- Coal Mine Transactions Key to Colorado’s Future – John Siegel, Executive Chairman, Bowie Resource Partners, LLC – will discuss his company’s pending acquisition of one of Colorado’s leading coal producers, the Twentymile Mine, from Peabody Energy. Once completed, Bowie would become Colorado’s largest coal producer and the third leading producer of bituminous coal in the western United States.
- Colorado – Epicenter of Sodium Bicarbonate Expansion – If you brushed your teeth this morning or baked bread, you may have been using a product from a Colorado mine. Natural Soda is the second largest producer of sodium bicarbonate products from the world’s largest deposits of nahcolite. Sara Schaeffner, Managing Director, Natural Soda, will address the company’s plans to double production in Colorado.
- Hal Quinn, President, National Mining Association – will provide the “Capitol Viewpoint” on the legislation before Congress and the latest on major rulemaking initiatives undertaken by the Executive Branch.