Lucky Friday will resume production in early 2013


Tom Schultz, director of the Idaho Department of Lands, told a legislative interim committee that investments from the endowment lands produced a record return in fiscal year 2014.

One of the Silver Valley’s largest employers, Hecla Mining, said it plans to reopen its Lucky Friday mine in Mullan in the first quarter of 2013, according to a story in the Spokesman-Review. The company expects to extract around 2 million ounces of silver once the mine opens.

The mine has been closed for nearly a year after federal regulators ordered it closed due to a series of accidents including two deaths. The regulators ordered the mine shaft’s safety be upgraded.

When back in production, the mine will employ nearly 400 workers.

 

 

 

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