Economy

Industry and development


Economic resources of the Rocky Mountains are varied and abundant. Minerals found in the Rocky Mountains include significant deposits of copper, gold, lead, molybdenum, silver, tungsten, and zinc. The Wyoming Basin and several smaller areas contain significant reserves of coal, natural gas, oil shale, and petroleum. For example, the Climax mine, located near Leadville, Colorado, was the largest producer of molybdenum in the world. Molybdenum is used in heat-resistant steel in such things as cars and planes. The Climax mine employed over 3,000 workers. The Coeur d'Alene mine of northern Idaho produces silver, lead, and zinc. Canada's largest coal mines are near Fernie, British Columbia and Sparwood, British Columbia; additional coal mines exist near Hinton, Alberta, and in the Northern Rockies surrounding Tumbler Ridge, British Columbia.



Abandoned mines with their wakes of mine tailings and toxic wastes dot the Rocky Mountain landscape. In one major example, eighty years of zinc mining profoundly polluted the river and bank near Eagle River in north-central Colorado. High concentrations of the metal carried by spring runoff harmed algae, moss, and trout populations. An economic analysis of mining effects at this site revealed declining property values, degraded water quality, and the loss of recreational opportunities. The analysis also revealed that cleanup of the river could yield $2.3 million in additional revenue from recreation. In 1983, the former owner of the zinc mine was sued by the Colorado Attorney General for the $4.8 million cleanup costs; five years later, ecological recovery was considerable.



A drilling rig drills for natural gas just west of the Wind River Range in the Wyoming Rockies


The Rocky Mountains contain several sedimentary basins that are rich in coalbed methane. Coalbed methane is natural gas that arises from coal, either through bacterial action, or through exposure to high temperature. Coalbed methane supplies 7 percent of the natural gas used in the United States. The largest coalbed methane sources in the Rocky Mountains are in the San Juan Basin in New Mexico and Colorado and the Powder River Basin in Wyoming. These two basins are estimated to contain 38 trillion cubic feet of gas. Coalbed methane can be recovered by dewatering the coal bed, and separating the gas from the water; or injecting water to fracture the coal to release the gas (so-called hydraulic fracturing).


Agriculture and forestry are major industries. Agriculture includes dryland and irrigated farming and livestock grazing. Livestock are frequently moved between high-elevation summer pastures and low-elevation winter pastures, a practice known as transhumance.

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