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Gold industry warned by Eureka mining owner Eugene Davis
Eureka Nevada September 8. Eugene Davis owner of the Eureka Croesus warns the U S gold mining sector faces ongoing danger from higher costs and policy neglect. He advocates immediate organized action by producers, possible jewelry excise taxes, and federal legislation to boost annual gold output to meet arts demand and avert financial instability. He cites wage inflation, production costs, and debt obligations in a call for urgent reform. He also notes cooperation with the American Mining Congress and experts to craft a solution.
MENTIONED IN THIS ARTICLE
Eureka
Nevada
United States
Eugene Davis
Eureka Croesus
Davis
American Mining Congress
J.F. Cellbreath
H. L. Laurie
Geological and Mining Department
Oregon