Colorado Mining Association Celebrates Its Centennial

Since gold was first discovered in Colorado in the late 1850s' mining has been a major part of the state's economic history, according to Stanley Dempsey, chairman and chief executive officer of Denver- based Royal Gold Inc. While the mining industry has seen some lean times throughout the past century, it has always bounced back. Today, dozens of major gold companies are headquartered in the Denver area. The state's coal mines produced record amounts during 1996. And even some of Colorado's uranium mines are resuming production. Dempsey joined other speakers in addressing the state of Colorado's mining industry during the Colorado Mining Association's (CMA) National Western Mining Conference. Some 800 people attended the CMA meeting, held Feb. 2-5 in Denver. The meeting was the association's 100th since it was incorporated in 1897.