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The unusual investment activity that unsettled the stock market last week through soaring interest in shares of GameStop and other struggling companies took another surprising turn on Monday, when the value of silver futures and of the companies that mine the metal shot up.
“By a vote of 86 to 78, the proposal has been accepted. The strike is over!!” the union, United Steelworkers Local 5114, said in a Facebook post Monday evening after votes were tallied electronically.
After the union representing close to 200 workers at the Lucky Friday mine voted against ratifying a tentative agreement with Hecla Mining Co., the company says it plans to bring the mine to full production by hiring more employees and contractors.
Members of the union representing close to 200 workers at the Lucky Friday Mine near Mullan, Idaho, have rejected a tentative agreement with Hecla Mining Co. that would have ended a 2
Hecla Mining Co. and more than 200 union workers have reached a tentative deal to end a two-year strike at the Lucky Friday mine in Mullan, Idaho.
Please join the United Steelworkers, shareholders, environmentalists and elected officials to demand accountability from Hecla because workers, our families and communities cannot afford further mismanagement.
Shareholders have filed a lawsuit against Hecla Mining Co. alleging the it provided misleading information about its Nevada mine operations.
A state judge has revoked the water permit for a silver and copper mine proposed by Coeur d’Alene-based Hecla Mining Co. beneath a northwestern Montana wilderness area.
Hecla Mining Co. on Thursday reported a third-quarter loss of $23.2 million, after reporting a profit in the same period a year earlier.
U.S. officials on Tuesday announced approval of the first phase of a silver and copper mine beneath a northwestern Montana wilderness area, yet it’s uncertain when work could begin because of a legal dispute over pollution at other sites.
Hecla Mining Co. on Thursday reported second-quarter net income of $12.1 million, after reporting a loss in the same period a year earlier.
Our family ranch near Trout Creek at one time included an old mine off the southern end of Goat Peak Ridge. The prospectors at the time never “struck it rich.” But they were close. About a mile to the northwest, the Treasure State could strike it rich for all of Big Sky Country off that same vein – if state government will act responsibly. The Rock Creek and Montanore mining projects are nearing completion of a decades-long environmental permitting process. At full operations, they could provide more than 600 jobs for a region of Montana that has led the state in unemployment and poverty since the collapse of the federal timber harvest.
An Idaho mining company notified environmental regulators Tuesday that it was halting reclamation work at a closed silver and copper mine in northwest Montana, amid a legal fight with the state over cleanup expenses at other sites.
Hecla Mining Co. finalized the purchase of three Nevada gold mines in a cash-stock transaction.
New Jersey Mining Co. recently sold its Toboggan project to a subsidiary of Hecla Mining Co. for $3 million. The Toboggan property includes the surface rights to the Little Baldy patented claims and 106 unpatented mining claims within the Murray Gold Belt in North Idaho.
An ongoing strike at the Lucky Friday Mine and tax issues contributed to a drop in earnings for Hecla Mining Co., which reported first quarter income of $8.1 million on Thursday.
The head of an Idaho mining company said Friday that Montana officials appeared to be seeking to delay two mines proposed for a remote wilderness area by designating him a “bad actor” because of past pollution at other sites.
Hecla Mining Co. subidiaries sued Montana environmental regulators on Friday for deeming the company and its president as “bad actors” who should pay for cleanups at several polluted sites before pursuing two new mines.
Hecla Mining Co. could be forced to pay the state of Montana more than $30 million in cleanup costs from pollution at several former mining sites before it can pursue two new projects beneath a wilderness area, state regulators said Tuesday.
Hecla Mining Co. will buy three Nevada gold mines for $462 million in a cash-stock transaction.