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11/6/14

Sad news from the South American silver mining world

Word reaches IKN that the world famous San Tomé silver mine in Costaguana has been put on care and maintenance. The privately run mine owned by the Gould family has been considered for decades as one of the richest silver deposits in South America but even this operation has now succumbed to the pressures of low metals prices and rising cash costs. 

Though a grim testament to the state of silver mining at this present time, the mine is expected to re-open for business once silver prices recover.