Monday, January 5, 2009

Silver Standard Resources Ready to Resume Production at Pirquitas Argentine Mine

After being abandoned for 20 years, the Pirquitas mine in Argentina is set to be reopened by Silver Standard Resources Inc., according to an Argentine regulatory agency.

The company has spent north of $231 million to get the mine going again.

Along with silver, the mine is expected to produce lead and zinc.

Production will begin sometime in the first months of 2009, said the Mining Secretariat.

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