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An underground silver mine in Suggental (near Freiburg im Breisgau), Baden-Württemberg, Germany. Silver mining is the extraction of silver by mining. Silver is a precious metal and holds high economic value. Because silver is often found in intimate combination with other metals, its extraction requires the use of complex technologies.
Annual US mined silver production. Silver mining in the United States began on a major scale with the discovery of the Comstock Lode in Nevada in 1858. The industry suffered greatly from the demonetization of silver in 1873 by the Coinage Act of 1873, known pejoratively as the "Crime of 73", but silver mining continues today.
The repeal of the Sherman Act in 1893 conversely led to a collapse of silver prices, bringing an end to the boom as. The Amethyst Mine, near Creede, Colorado Remains of an abandoned mine near Silverton, Colorado, in July 2020. Beginning in 1889, Creede, Colorado was the site of another big silver boom. The first discovery was made at the Alpha ...
As of 2019, a former high school teacher was the only miner; the then-70-year-old had been collecting small amounts of silver underground since 1997, selling the silver to tourists, while searching for a productive vein. [12] The Cerro Gordo mines were the most extensive with more than 30 miles (160,000 ft; 48 km) of underground tunnels in the ...
George Hearst, a highly successful California prospector, became a partner in Hearst, Haggin, Tevis and Co., the largest private mining firm in the United States, which owned and operated the Ophir mine on the Comstock Lode, and other gold and silver mining interests in California, Nevada, Utah, South Dakota and Peru.
The Silver Hill Mine (originally named King's Mine and Washington Mine prior to 1854) was the first silver mine in the United States, later used primarily as a source of lead and zinc. Discovered during the Carolina gold rush at a Davidson County, North Carolina location later named Silver Hill , operations began at the site in 1839 under the ...
The largest current source of silver in Colorado is as a byproduct of gold mining at the Cripple Creek & Victor Gold Mine, a large open-pit heap leach operation owned by Newmont Mining Corporation at Victor, Colorado (see Cripple Creek mining district). In 2006, the mine produced 4.0 metric tons (130,000 troy ounces) of silver. [8]
Silver mining in Nevada, a state of the United States, began in 1858 with the discovery of the Comstock Lode, the first major silver-mining district in the United States. Nevada calls itself the "Silver State." Nevada is the nation's second-largest producer of silver, after Alaska. In 2014 Nevada produced 10.93 million troy ounces of silver, of ...