According to some experts, after the peak is reached, the production rate will slowly decline until it reaches near zero while the price shoots upward. At that point, we will have pretty much mined all the economic ore deposits that are present on the planet.

He had meetings with Honduran officials at all levels, set up a new corporation called Raptor Mining in El Corpus, Honduras, and is in the process of establishing a non-profit called “Step Up for Honduras.”

There are currently about 170 commercial-scale placer operations in Alaska. Most of these are small operations with just a few people working; they are often family affairs that operate seasonally only during favorable weather.

Many of the Sixteen to One’s challenges arise from its unusual geology and the pocket characteristics of the ore deposits.

One of the reasons I am bringing this article forward to readers now is that the mine personnel are celebrating the production of 150 million ounces of silver since 1986.