Hecla Mining Co (HL:NYSE)
Established in 1891 in northern Idaho's Silver Valley, Hecla Mining Company's rich history of mining has distinguished it as a respected precious metals producer. Hecla is the oldest U.S.-based precious metals mining company and the lowest-cost primary silver producer in North America. Now headquartered in Coeur d'Alene, Idaho, with a sister office in Vancouver, B.C., this international, publicly traded company is 117 years old.
Hecla recently acquired 100% of the fifth largest silver mine in the world - the Greens Creek joint venture in Alaska. This transaction will nearly double Hecla's annual silver production to approximately 11 million ounces by 2009, while maintaining its already low cash costs per ounce of production.
September 24th - 25th, 2009
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