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Vol. 14, No. 47 Week of November 22, 2009
Providing coverage of Alaska and Northwest Canada's mineral industry


Mining News: Silver miner prevails in survival battle

Hecla emerges from ‘near-death’ purchase of Greens Creek Mine to post record revenues, profit from acquisition of stellar asset

Shane Lasley

Mining News

Hecla Mining Co. has repaid the US$380 million it borrowed to buy out Rio Tinto plc’s 70.3 percent interest in the Greens Creek Mine. The purchase, which gave the Idaho-based miner 100 percent interest in the Southeast Alaska silver mine, nearly proved to be the company’s undoing. “It was frankly a....

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Struggling through 2008

Turn around in 2009

Exploring Greens Creek


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