Petersburg Pilot -

Greens Creek silver production increases


JUNEAU (AP) — Production of silver increased at Greens Creek Mine during the first quarter of 2013, mine owners said.

Hecla Mining Co. said Friday the mine on Admiralty Island produced 1.8 million ounces, up from 1.3 million ounces in the first quarter of 2012.

The mine saw a 20 percent increase in overall tonnage and a 15 percent increase in production of higher-grade silver, the company said. A delayed shipment in April meant about $12 million in gross profits for the mine will be shifted to second quarter figures.

The Juneau Empire reports the cash cost of silver increased from $2.24 p...

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