Metal Prices

Idaho Silver Mining
7:21 am
Mon April 29, 2013

Idaho Silver Feels The Slip In Metals Prices

Jessica Robinson Northwest News Network

Originally published on Fri April 26, 2013 5:34 pm

The decreasing price of gold has gotten a lot of attention among investors in recent weeks. The price of silver has received fewer headlines, but it's also dropped. That price has real economic impact in north Idaho, which has one of the richest silver deposits in the country.

There's not much wiggle room when silver drops down to $22 an ounce. That's only a little more than it costs the Galena Mine near Kellogg, Idaho, to get the silver out of the ground. Owner U.S. Silver has placed a hiring freeze on the mine and plans to cut costs by $1 million this year.

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Metal Thefts
4:32 pm
Fri November 30, 2012

Costly Metal Thefts Prompt Push For Statewide Seller Blacklist

As trafficking of copper and scrap metal grows, copper pipes continue to be a target for opportunistic thieves.
Credit Michael Pereckas / Flickr

Stricter recordkeeping requirements for scrap metal dealers and sellers have not stopped trafficking in stolen copper wire and metal parts. That's according to Northwest police agencies and crime victims. So in Olympia Friday, Washington state lawmakers promised to look at further steps, including a possible blacklist of suspicious sellers.

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