SOURCE: World Street Fundamentals

May 10, 2011 09:00 ET

Precious Metals Adjust Ahead of Inflation Concerns -- Industry Report Featuring Hecla Mining and Coeur d'Alene Mines Corporation

HONG KONG--(Marketwire - May 10, 2011) - Today, released its industry report highlighting Hecla Mining Company (NYSE: HL) and Coeur d'Alene Mines Corporation (NYSE: CDE). Current state of affairs, monetary policy, and worries of inflation are stimulating investor interest in companies backed by precious and industrial metals. Full fundamental and technical analysis is available at

Recently, the U.S. Federal Reserve has enacted quantitative easing totaling $2.3 trillion, from $1.7 trillion of Treasuries and mortgage-backed bonds, to its recent $600 billion purchases of intermediate and long-term Treasuries. The Fed is learning from Japan's 1990 mistake of not offering stimulus for long enough. Lead economists are anticipating higher inflation as the most significant outcome from this policy. As a result, assets backed by precious metals in with strong fundamentals are starting to gain momentum.

World Street Fundamentals has highlighted Hecla Mining for its focus on discovering, acquiring, developing, producing, and marketing silver, gold, lead and zinc. The Company produces lead, zinc and bulk concentrates, which it sells to custom smelters, and unrefined gold bullion bars (dore), which may be sold as dore or further refined before sale to precious metals traders. The entire report on Hecla Mining Company (NYSE: HL) is available here:

World Street has highlighted Coeur d'Alene for its status as a silver producer with gold assets located in North America. The Company, through its subsidiaries, is engaged in the operation, ownership, development and exploration of silver and gold mining properties and companies located primarily within South America (Chile, Argentina and Bolivia), Mexico (Chihuahua), United States (Nevada and Alaska) and Australia (New South Wales). The entire report on Coeur d'Alene Mines Corporation (NYSE: CDE) is available here:

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