A metal mine in southeast Alaska has reached its highest level of silver production since an Idaho-based company took full ownership of the property in 2008.
The Alaska Journal of Commerce reports that Hecla Mining Co. released its 2016 results last week for the Greens Creek mine west of Juneau.
The mine produced 9.3 million ounces of silver last year, an increase of about 10 percent from 2015.
CEO Phil Baker attributes the growth to better grade and resource recovery.
While silver production is on the rise, the mine’s gold production fell by 11 percent from 2015 to 2016.
Meanwhile, the nearby Kensington mine recorded a slight decrease in gold production during that same period. Chicago-based Coeur Mining Inc., which owns Kensington, says 2016 production was in line with company expectations and production this year should be similar.
Information from: (Anchorage) Alaska Journal of Commerce, http://www.alaskajournal.com
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