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...dabbled in oil and gas, but lost heavily when energy prices collapsed in 1982. Munk turned to gold, he says, only when political unrest in South Africa during the 1980s presented what he saw as an irresistible opportunity. Hunting for safe neighborhoods to mine, he settled on the northern Nevada desert and set about convincing investors that this was the time to gamble on North American gold. Those who believed him were soon rewarded. Goldstrike mine, near the town of Elko, has become the largest mine outside South Africa...

Author: /time Magazine | Title: Canada's Gold Tycoon | 11/9/2007 | See Source »

...every attempt at liberalizing the laws has been successful. Last year, the pro-marijuana lobby tried to pass legalization laws in Nevada and Colorado; both failed. But this week's results in Denver heartened pro-pot activists: 57% of voters in the city approved "lowest law enforcement priority." Coming after a 2005 vote removing all penalties for possessing small amounts, Denver joins Alaska to become only the second place in the U.S. offering a free ride to users caught with less than an ounce. Denver's local and political culture has been amenable to such legal reorientations. Last summer, Denver...

Author: /time Magazine | Title: Mellowing Out on Marijuana | 11/8/2007 | See Source »

...states, incarceration still awaits even first-time offenders possessing small amounts of marijuana. In Connecticut, possessing a "usable amount" is punishable by a year in jail and $1,000 fine. Nevada sends its pot users - possessing any amount - into rehab or treatment and imposes a $600 fee. Federal law calls for a year in jail and $1,000 for anyone caught with any amount. The National Organization for the Reform of Marijuana Laws (NORML) says there are 65,000-85,000 people incarcerated in this country for cannabis-related reasons...

Author: /time Magazine | Title: Mellowing Out on Marijuana | 11/8/2007 | See Source »

...operators provided funding for a national gambling hotline, counseling centers, public-awareness campaigns and research. As a result, gambling addiction rates fell from 7% in 1991 to 3% in 1999. Gambling "is a lot like a ski slope," says Bo Bernhard, director of gambling research at the University of Nevada, Las Vegas. "A bunch of people race down and have a wonderful time, but inevitably, you'll have a proportion that falls. You have to have a hospital at the bottom of the hill...

Author: /time Magazine | Title: High Stakes | 11/1/2007 | See Source »

...could say Hatch’s faith brought him to this stage. He was raised a Mormon in the Church of Latter Day Saints in Henderson, the second-largest city in Nevada...

Author: By Elizabeth A. Joyce, CONTRIBUTING WRITER | Title: From Beantown to Bayou Country | 10/31/2007 | See Source »

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