Dunoon the popularity of overseas travel increased. In 1961, during the height of the Cold War, Dunoon became a garrison town to the United States Navy. In 1992, they closed their Holy Loch base, and Dunoon suffered an economic downturn. Since the base's closure, the town and surrounding area are again turning to tourism, marketing to outdoor enthusiasts and wildlife lovers as well as promoting festivals and competitions. The largest annual event held in the town is the Cowal Highland Gathering. The Royal National Mòd has been held in the town seven times and in 2018 will again be held at
Lake Cowal by various Australian environmentalist groups who formed the "Coalition to Protect Lake Cowal" initiated by the Rainforest Information Centre and Friends of the Earth Australia. The only barrier between the lake and the open pit would be an earth wall or bund. Tailings would be stored in dams 3.5 km from the lake. Water would be supplied from a bore in the Bland Creek Paleochannel borefield, 20 km east of the mine site and will use up to 17 megalitres per day. " Don't desecrate our dreaming site, don't mine our sacred site. I have fought Barrick in the courts