GOLD MINE CLOSES: First Casuality of Lower Prices & Higher Costs

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Posted by SRSrocco in Mining, Silver Members on May 12, 2013 — 2 comments

  The historic Drumlummon Gold Mine run by U.S. Silver & Gold, is closing down all operations due to lower gold prices and higher costs. According to U.S. Silver & Gold: An orderly shutdown will begin immediately and is expected to be completed by the end of the second quarter.  A small, ongoing exploration program will be…

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