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Hecla Mining Up on Expected Output Gain
Friday March 14, 6:32 pm ET
Hecla Mining Rises As Investors Reward Decision to Buy Out Partner in Big Alaskan Silver Mine


NEW YORK (AP) -- Shares of Hecla Mining Co., which produces silver, as well as lead and zinc, rose Friday as investors gave their approval to a recent Alaskan silver mine acquisition.
Last month the company closed on a $750 million deal to buy its partner's share of the Greens Creek silver mine on Admiralty Island. Gaining sole ownership of the world's fifth-largest silver mine will double Hecla's silver production to 11 million ounces per year, the Coeur d'Alene, Idaho-based company said.

http://biz.yahoo.com/ap/080314/hecla_mining_mover.html?.v=2