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Stories tagged: silver
Mon., May 20, 2019, 5 a.m.
100 Years Ago in Spokane: Miners get more pay
Miners in the Coeur d’Alene mining district got a boost in pay from $4.25 to $4.75 per shift. The move was announced at a meeting of the principal operators in …
UPDATED: Thu., Feb. 15, 2018, 4:38 p.m.
Arbitration possible in ongoing strike at the Lucky Friday Mine
Hecla Mining Co. has agreed to binding, third-party arbitration to solve the strike at the Lucky Friday Mine. Union members will vote in March on whether to invoke arbitration.
Wed., Jan. 10, 2018, 9:23 p.m.
Hecla Mining reports second-highest silver production in history
Hecla Mining company produced the second-highest volume of silver in its 126-year history in 2017, despite an ongoing strike at the Lucky Friday Mine.
UPDATED: Fri., Oct. 13, 2017, 7:15 p.m.
Lucky Friday’s silver production falls by 90 percent during 3Q
Even though the union workers at the Lucky Friday Mine are on strike, the mine is still producing a limited amount of silver.
UPDATED: Thu., May 18, 2017, 6:05 p.m.
Canadian company says it wants to buy Bunker Hill Mine for $30 million
There’s talk once again of reopening the storied Bunker Hill Mine in the Silver Valley.
UPDATED: Mon., May 8, 2017, 6:04 p.m.
Hecla reports higher 1Q earnings despite ongoing strike at the Lucky Friday Mine
Higher silver prices helped Hecla Mining Co. turn a first quarter profit despite an ongoing strike at the Lucky Friday Mine.
Thu., April 20, 2017, 11:28 a.m.
Strike at Lucky Friday Mine has little effect on Hecla’s silver production, official says
Hecla Mining Co. produced 3.4 million ounces of silver during the first quarter, with a strike at the Lucky Friday Mine having minimal effect on output, company officials said Thursday.
UPDATED: Thu., Feb. 23, 2017, 5:34 p.m.
Hecla Mining posts $69 million profit in 2016 on strong performance from its silver mines
Hecla Mining Co. had a turnaround year in 2016, reporting $69 million in profits from strong performances at the company’s silver mines.
Tue., Jan. 10, 2017, 12:09 p.m.
Hecla Mining silver, gold production up sharply over 2015
Silver and gold production surpassed expectations for 2016, Coeur d’Alene-based Hecla Mining Co. said Tuesday.
Thu., Dec. 15, 2016, 12:46 p.m.
Gold can’t catch a break as prices extend slide to 10-month low
A day after the Federal Reserve signaled rates will rise next year faster than expected, the Labor Department released data showing fewer Americans filed for applications for unemployment benefits, validating …
Fri., Nov. 18, 2016, 6:58 p.m.
Silver ETF investors exit as bear market looms on rate concerns; others drop gold
With traders pricing in near certainty that U.S. borrowing costs will rise next month, silver investors are heading for the exit.
Tue., May 24, 2016, 8:45 a.m.
Hecla Mining to buy Montanore silver deposit in northwest Montana
Hecla Mining Company plans to buy a major silver deposit in Northwest Montana that for decades drawn the interest of speculators and the ire of conservationists.
Thu., May 19, 2016, 4:25 p.m.
Hecla celebrates 125th anniversary at famed Spokane mansion
Hecla Mining Co., the last of the pioneer mining companies in the Silver Valley, celebrates is 125th anniversary this year.
Mon., April 4, 2016, 11:17 a.m.
Lawsuit challenges approval of Spokane company-sponsored Montana copper, silver mine
Environmentalists are challenging U.S. Forest Service approval of a $500 million copper and silver mine in northwest Montana, citing concerns from state officials that it could drain surrounding waterways and …
Fri., March 20, 2015
Idaho coin shop owner sentenced
People who feel they were swindled by a North Idaho coin shop that took their payments for gold and silver but failed to deliver the goods finally got their day …
Mon., June 2, 2014, 9:05 p.m.
Incident at Sunshine Mine confirmed
There has been an incident at the Sunshine Mine in North Idaho.
Wed., July 17, 2013
Galena silver mine cutting workforce by a third
The Galena Mine will cut its workforce by about a third in response to plunging silver prices and high production costs, officials said Tuesday. Layoff notices are being sent to …
Thu., April 18, 2013
Idaho files suit against former CdA coin store
The Idaho Attorney General’s office has filed a lawsuit alleging that a former Coeur d’Alene coin store, its owner and its operator broke state consumer protection laws by failing to …
Wed., Nov. 7, 2012
Hecla to reopen Lucky Friday
Miners will return to the Lucky Friday Mine early next year, capping a yearlong shutdown at one of the Silver Valley’s largest private employers. Hecla Mining Co. said Tuesday it …
Fri., May 25, 2012
Miners to return to Lucky Friday
WALLACE – The closed Lucky Friday Mine will begin rehiring workers in July and should return to a full workforce by the end of the year, said Phil Baker, Hecla …
Mon., March 26, 2012
Tribes aiming to stop mine under Cabinets
PABLO, Mont. – Members of the Confederated Salish and Kootenai Tribes are trying to prevent an underground copper and silver mine beneath the Cabinet Mountains Wilderness in northwestern Montana by …
Mon., Oct. 10, 2011, 8:03 a.m.
Sea explorers find shipwreck full of silver in Atlantic
A sea exploration company said today it has discovered a ship filled with silver 8,000 feet beneath the surface of the North Atlantic Ocean.
Sat., Aug. 27, 2011
Sunshine’s new board inspects mine
BIG CREEK, Idaho – Sunshine Silver Mines Corp.’s new board of directors paid an inaugural visit to their namesake property this week to assess the state of the once-prolific silver …
Sun., Dec. 5, 2010
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 …
Tue., Feb. 2, 2010, 5:20 p.m.
Judge delays Sterling Mining auction
A federal bankruptcy judge has given Sterling Mining Co. another four months before the company, which controls the lease of the historic Sunshine Mine near Kellogg, is auctioned off.
Thu., Nov. 5, 2009, 8:53 a.m.
CdA Mines reports record revenue despite deeper losses
Coeur d’Alene Mines Corp. Thursday reported record quarterly revenue from its highest silver production ever, and a tripling of gold production during the third quarter. But net income tumbled.
Tue., Nov. 3, 2009, 3:54 p.m.
With profits up, Hecla ponders 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 …