Low silver prices plague Greens Creek. (Greens Creek Mine on Admiralty Island, Southeast Alaska)(Special Section: Mining's Rough Ride)

Alaska Business Monthly | September 1, 1991| | Copyright

Being the largest silver mine in North America is a prestigious ranking, but officials at the Greens Creek Mine on Admiralty Island in Southeast Alaska find themselves striving more than ever to cut costs, improve productivity and product quality under the spector of a 17-year low in silver prices.

Mine officials this spring announced the project has five times as much ore as originally projected. But that might not translate into positive, profit-making news unless silver prices improve. Because of the added ore reserves, as well as the fact that some ...

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