The Coeur Rochester Mine
September 2017 by Chris Ralph
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.
The mine will be open for public tours Saturday and Sunday afternoons beginning August 24, lasting into the fall and winter as weather permits.
In processing gold, silver and other valuable ores, the minerals containing the values, such as metallic gold, silver-bearing sulfides or other minerals, must be freed from the surrounding host rock before those valuable minerals can be captured.
In some ways, silver is the forgotten precious metal because it straddles both the world of precious metals and jewelry, while having many important industrial applications like a base metal. The price of silver reflects both the precious metal investment demand as well as the industrial demand.
Republicans and industry representatives have criticized the administration’s eleventh-hour actions to limit development and promised to seek their reversal once Obama leaves office.
For more than 40 years, iron ore prices have been decided by private negotiations conducted between the largest of the iron miners and the largest steel producers. These two sides dominate both the spot and contract iron ore markets.
Even with the decades of mining and exploration, much of the Comstock is still underdeveloped and its potential not fully tapped.
Nevada gold mines produced only about 6 percent more gold in 2010 than they did the year before, but the value of that gold was up a whopping 33 percent.
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