Silver Demand Increases
8:58 am
Mon January 28, 2013

Silver Boom Brings Historic Sunshine Mine Back Online

Mine Safety and Health Administration

Originally published on Sat January 26, 2013 9:47 am

The high price of silver is bringing one of the Northwest's oldest silver mines back online. The Sunshine Mine in north Idaho is known for one of the worst mining disasters in the nation’s history. It will resume production in late 2014.

The new owner, Sunshine Silver Mines Corp., bought the mine after the previous owner went bankrupt. It happened just in time for silver prices to hit $30 an ounce, and mostly stayed there. The company expects to hire 250 miners once production begins.

Read more