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Vol. 13, No. 8 Week of February 24, 2008
Providing coverage of Alaska and Northwest Canada's mineral industry


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

Mining News

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....

    [additional news subjects in this story]

The right offer at the right time

Focus on growing resource


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