Colorado’s only operating large-scale gold mine generated $830 million in economic impact statewide last year. That’s according to a new report commissioned by SSR Mining Inc., the international Denver-based company that purchased the mine last year.
The Cripple Creek and Victor Gold Mine generated more than $700 million for the Teller, El Paso and Fremont county economy, as part of the total.
Lowe Billingsley is the mine’s general manager. During a recent press call, he said the operation accounts for more than half of Teller County’s gross domestic product.
“We understand the responsibility that comes with that,” Billingsley said. “We do not take our role in Teller County or the trust of the community for granted. In Fremont and El Paso counties, the mine’s impact extends well beyond the mine site.”…