Saturday, July 21, 2007
Get Back To Work Boys! There's Money To Be Made!
Miners in South America’s most legendary silver mine are begging the Bolivian government to put them out of work. According to protesting miners, the Cerro Rico mine in Potosi, Bolivia, is on the verge of collapse. Current high silver prices have been driving mining efforts to a frenzy, and many of the 15,000 round-the-clock miners are walking away from the site, saying it could collapse any moment. The mine has been running since 1545 and supposedly has produced enough metal to build a silver bridge from Bolivia back to Spain. As silver creeps past $13 an ounce and toward the critical $14 zone... government officials are cracking the whip as hard as ever.