MINING NEWS: Hecla Mining grabs rest of Greens Creek
Long-awaited purchase of Rio Tinto’s majority interest in silver producer gives Idaho-based partner chance to target resource base
By Rose Ragsdale
Hecla Mining Co., longtime minority share owner of the Greens Creek Mine, Feb. 12 said it agreed to purchase for $750 million the remaining 70.3 percent interest in the Southeast Alaska operation that is owned by Rio Tinto subsidiary Kennecott.
The cash deal will give Hecla of Coeur d’Alene, Ida....
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The right offer at the right time
Focus on growing resource
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