SOURCE: Industrial Info Resources

Industrial Info Resources

May 29, 2013 06:30 ET

Hecla's Lucky Friday Silver Mine Resumes Production as Silver Prices Slide, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - May 29, 2013) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- The Lucky Friday Silver Mine, closed for more than a year following accidents, is again producing silver. The mine's owner, Hecla Mining Company (NYSE:HL) (Coeur d'Alene, Idaho), predicts the mine will produce about 2 million ounces of silver this year, about even with its pre-shutdown production level. Next year, silver production at northern Idaho's Lucky Friday mine should reach 3 million ounces, company executives told investors and analysts on a quarterly conference call earlier this month.

Other companies featured: Rio Tinto (NYSE:RIO)

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/news/abstract.jsp?newsitemID=235582&refer=mw, or browse other breaking industrial news stories at www.industrialinfo.com.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

Contact Information

  • Contact:
    Joe Govreau
    713-783-5147