VIDEO: Coeur Mining to grow silver production with $1.7bn acquisition of Silvercrest
Adding Las Chipas makes Coeur a top silver producer in North America, with 21 million ounces of silver and 432,000 ounces of gold annually.
Hecla Mining on Monday named Rob Krcmarov as its chief executive officer, effective Nov. 7, replacing Catherine Boggs.
The company produces more than 45% of all silver in the United States, and has mines in Alaska, Idaho, Quebec, Canada and Yukon Territory, Canada.
Krcmarov will succeed Hecla’s interim CEO Boggs, and previously served on the executive leadership team of Canadian mining firm Barrick Gold.
Hecla’s shares were up nearly 1% in premarket trading.
(By Vallari Srivastava; Editing by Shounak Dasgupta)
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