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Monday, October 21, 2019  Spokane, Washington  Est. May 19, 1883
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Stories tagged: hecla mining co


Hecla in tentative deal to pay $263 million over mining waste

Hecla Mining Co. has reached a tentative settlement with the federal government, Coeur d’Alene Tribe and state of Idaho over its role in turning the Coeur d’Alene basin into a …


Hecla says $263 million pollution settlement possible

Hecla Mining Co. has reached a tentative settlement with the federal government, Coeur d’Alene Tribe and state of Idaho over its role in turning the Coeur d’Alene Basin into a …


Local mining, bank stocks had solid gains in 2010

The composite market value of 15 Inland Northwest stocks reached a record Dec. 31, possibly foretelling more good things for 2011, Hart Capital Management President Craig Hart said Wednesday. The …


Zanetti Brothers agrees to share of basin cleanup

One of the Silver Valley’s oldest family-run companies has reached a $200,000 settlement with the U.S. Environmental Protection Agency over Superfund cleanup of historic mine waste. Zanetti Brothers Inc. will …


High prices, booming silver industry bankroll mine’s expansion

MULLAN, Idaho – At the Lucky Friday Mine, a descent of nearly a mile takes only 2 1/2 minutes. You climb aboard the “cage” on the Silver Shaft, which operates …


Residents, officials knock Silver Valley mine cleanup plan

Too far-reaching, too costly. Another knock for the Silver Valley. That was the consensus of public testimony Monday evening at a town hall meeting on the U.S. Environmental Protection Agency’s …


Cleanup plan for CdA Basin shifts focus from soil to water

As water percolates through old mine workings in the headwaters of the Coeur d’Alene River, it picks up lead, arsenic, zinc and other heavy metals. The metals stunt fish populations …


Hecla stakes its claim in Wallace with new office

After an absence of 26 years, Hecla Mining Co. has moved an office back into Wallace. The 119-year-old company had an office in Wallace from about 1917 to 1984, when …


Hecla Mining opens Silver Valley office

Hecla Mining Co. is opening an office in Idaho’s Silver Valley to keep local residents abreast of future expansions at the Lucky Friday Mine and the company’s role in environmental …


In brief: Inspection finds damage in mine

The Lucky Friday Mine in North Idaho was evacuated Thursday morning when a routine inspection uncovered damage to the No. 2 shaft, which serves as a secondary escape route for …


Hecla considering mine expansion

Hecla Mining Co., which Tuesday announced what one analyst called “stellar results,” could decide next spring whether to proceed with a $150 million to $200 million expansion of its Lucky …


Business in brief: Hecla Mining reports Q4 loss

Hecla Mining Co. reported a loss, after dividends paid to preferred shareholders, of $40.7 million, or 24 cents per share, in the fourth quarter of 2008. That compared to revenue …


In brief: Red Lion Hotels reports losses for ’08

Red Lion Hotels Corp. on Wednesday reported losses for the fourth quarter and full 2008, and projected further declines for 2009 despite some job cutbacks, a wage freeze, and a …


Hecla to pay for ’06 spill

BOISE – Hecla Mining Co., a North Idaho-based silver mining company, must pay an $85,000 penalty and buy $17,000 in emergency equipment for a local fire department after 22,500 gallons …


Hecla buys out Independence Lead Mines

Hecla Mining Co. bought the assets of Independence Lead Mines on Thursday in a stock transaction valued at $14.2 million. Independence owned a partial interest in a silver deposit at …


Signature hires lab chief

Spokane-based Signature Genomic Laboratories has hired Dr. Allen Lamb to work as a lab director and help the company develop more diagnostic tools to meet growing demand for its services. …


Lead cleanup in ‘the box’ complete

Scraping lead-tainted soil from yards within “The Box” – a 21-square-mile area that took the brunt of emissions from the Bunker Hill Smelter’s smokestacks – took two decades and cost …


Hecla Mining blames loss on several one-time expenses

Hecla Mining Co. reported a second quarter loss of $44.4 million, or 35 cents per share. Officials attributed the loss to several one-time occurrences, including a $30.7 million loss on …


Venezuela pulls gold concession

Venezuela is officially taking away a gold concession that Coeur d’Alene-based Hecla Mining Co. recently sold. The company last month sold its Venezuelan subsidiaries to Rusoro Mining Ltd., of Vancouver, …


Hecla completes sale of Venezuela properties

Hecla Mining Co. has finalized the $25 million sale of its Venezuelan gold properties to Rusoro Mining Ltd. The Vancouver, B.C., firm paid Hecla $20 million in cash and $5 …


Firm sells Venezuelan gold mine

Hecla Mining Co. is selling its Venezuelan gold properties for $25 million. The Coeur d’Alene firm’s decision to sell was prompted by rising costs at its Venezuelan mines, as well …


Business in brief: Hecla buys Alaska mine

Hecla Mining Co. bought the world’s fifth-largest silver mine Wednesday for $750 million. Hecla announced in February that it was buying the Greens Creek Mine near Juneau, Alaska. Greens Creek …


Week in review

TUESDAY Just out of the hospital, with medical bills to pay and a Kettle Falls gift shop in need of inventory, RoseMarie McKee turned to the Internet for $5,000 that …


Forest Service OKs search for uranium

A Canadian company’s request to drill 21 exploratory cores on 2 acres of central Idaho’s Salmon River Mountains to search for uranium has been approved by the U.S. Forest Service. …


Hecla Mining eyes assets of Independence

Hecla Mining Co. has agreed to buy the assets of Independence Lead Mines, a junior mining firm that owns a partial interest in an underground silver vein at Hecla’s Lucky …


Hecla purchasing silver mine in Alaska

Hecla Mining Co. will buy the world’s fifth-largest silver mine for $750 million. The purchase of the Greens Creek Mine near Juneau, Alaska, will nearly double Hecla’s annual silver output, …