Lucky Friday silver mine rebounds into production

By Kerry Hall

Lucky Friday mine in Idaho’s Silver Valley has resumed production and expects to produce approximately two million ounces of silver this year, announced Hecla Mining Company (NYSE:HL) Wednesday.

The flagship silver-lead-zinc mine was closed for 12 months — following three accidents which killed two mine workers and injured seven others — by order of the US Mine Safety and Health Administration.

Since then, Hecla spent $29.8 million on shaft rehabilitation as well as an additional $26.2 million on other capital projects.

Image: Flickr / Hugh Millward

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Source: Mining.com- Silver News