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Latest Admiralty mining district Stories

2008-06-20 00:00:21

Hecla Mining Company (NYSE:HL) today announced an agreement to sell its subsidiaries engaged in Venezuelan activities to Rusoro Mining Ltd. (Rusoro) for $25 million, consisting of $20 million in cash and 4,273,504 shares of Rusoro common stock. The transaction is dependent upon regulatory approval.


Word of the Day
ecotone
  • A transitional zone between two communities containing the characteristic species of each.
The word 'ecotone' comes 'eco-' plus a Greek root meaning 'tension'.