Santacruz Silver Mining reports fatality at Tres Amigos mine in Bolivia
Tres Amigos mine, a part of the Caballo Blanco Group of mines, has resumed operations after it was shut down following the incident.
Silver jumped 6 percent Thursday on the back of dollar weakness after Federal Reserve Chairman Ben Bernanke’s dovish remarks Wednesday, but some analysts doubt the price can hit and stay above the $50 mark. Silver prices rebounded Wednesday before Bernanke’s news conference, following a 10.5 percent crash in Tuesday trading, but analysts were not convinced the rally would carry the metal much higher.
