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The value of Utah's mineral production in 2005 was estimated to be a record $3.58 billion. This was $1.26 billion higher than the revised value of $2.32 billion for 2004. All major industry segments gained in value in 2005. In the value of nonfuel mineral production, Utah ranked fourth. The outlook for 2006 is cautiously optimistic. The value of mineral production is projected to increase slightly in 2006 due to increased production of most base and precious metals, coal and most major industrial minerals.