THE DECLINE OF SILVER PRICES IN IDAHO
At 7 A.M., when the miners gather here at the edge of the Bitterroot Mountains, the air is sweet with the smell of Douglas fir. By 7:15, the men have descended 5,000 feet in a narrow elevator shaft and walked 800 feet along the muddy quartzite corridors to a work space where the 85-degree air is thick with humidity. For six to eight hours, they will drill, dynamite and clear away ore. Silver miners, like businessmen, prefer to return to the same work space every day, but lately at the Hecla Mining Company's Lucky Friday Mine here, many have been shifted around to drill at the richest part of the vein. Two major mines and a smelter have already been closed in the Silver Valley, a sliver of wooded land 20 miles long and 5 miles wide. Given the low quality of the ore at the mines, along with rising production costs and declining metals prices, they were no longer economical to operate. Another mine has been closed temporarily.