With profits up Hecla ponders Idaho mine expansion | KXNet.com North Dakota News

log in|register
KXMC CBS13

With profits up Hecla ponders Idaho mine expansion

Eds: APNewsNow.

COEUR D'ALENE, Idaho (AP) Hecla Mining Company officials could decide next spring whether to move forward with an expansion of the Lucky Friday Mine in Mullan, Idaho.

Hecla President Phillips Baker Jr. said he's highly confident the company will launch the $150 million to $200 million project, which would exploit mineral deposits below the existing mine works.

The Spokesman-Review reports that Baker says test drilling shows mineralization richer than current deposits that in the third quarter produced more than 930,000 ounces of silver.

That output, combined with 1.8 million ounces of silver produced at the Greens Creek Mine in Alaska, made Hecla the largest silver producer in the United States.

Hecla had a third-quarter profit of $22.5 million.

Information from: The Spokesman-Review, http://www.spokesmanreview.com (Copyright 2009 by The Associated Press. All Rights Reserved.) APNP 11-04-09 0945CST | save this article / add to your favorites list
Share This Article on Facebook


Related Content
Related KXNet.com Topics



All post and comments are subject to review and filtering by the KXNet.com Webmaster -

Any posts containing offensive language, threats, or any other form of abuse will be DELETED

In addition, all posts are logged and tracked in our database system including the IP Address and source computer details of the individual who submitted the post. All users commenting on KXNet.com articles and talk-forums are bound by the rules outlined in our Comment, Blog and Talk Forum Rules and are required to login as a registered member.

Click here for the KXNet.com Commenting Rules


Jump To: talk forums | blogs
Opinion, Blogs and Discussions
Most Commented Stories
  • ND Gov. Hoeven annoyed by EPA ethanol delay ( 3 Comments )
  • Here is the latest North Dakota news from The Associated Press... ( 1 Comments )
  • Mandan Stabbing ( 1 Comments )
  • Former Costa Rica President Carazo Odio dies at 82 ( 0 Comments )
  • Jackson brothers stay out of blame game ( 0 Comments )
  • ACLU loses donor, onefourth of yearly donations ( 0 Comments )
  • Delaware holds off Hampton 5552 ( 0 Comments )
  • STORY REMOVED: USClevelandBodies Found ( 0 Comments )
  • Talk Forum Discussions
    Blogs
    Related Categories

    jump to a KXNet category:
    Advertise on KXNet.com! Reaching over 300,000 people - Every Month! KXNet.com is the #1 TV News website in the entire state of North Dakota - Contact us Today!







    Contact KXNet.com

    Part of the KXNet.com North Dakota News Network
    Dickinson News - KXMA | Bismarck News - KXMB | Minot News - KXMC | Williston News - KXMD


    North Dakota Sports | Dickinson Sports | Bismarck Sports | Minot Sports | Williston Sports


    NEW! - Try the DakotaPolitics.com BETA site!
    North Dakota Politics and Government






    KXNet is part of the Midkota Media Network
    Free Classified Ads
    Bismarck Classifieds | Minot Classifieds | Williston Classifieds | Dickinson Classifieds | Jamestown Classifieds | Devils Lake Classifieds | Fargo Classifieds


    Total Outdoor Network
    North Dakota Outdoors | South Dakota Outdoors | Minnesota Outdoors | Nebraska Outdoors | Alaska Outdoors


    Fun and Entertainment
    BismanROCKS.com - Bismarck Mandan Music | BismanWeddings.com







    Designed and Programmed By Midkota Solutions