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Hecla Sees Higher Silver Prices and Raises Outlook

Investing News Network
Feb. 21, 2012 11:49AM PST
Silver Investing

Reuters Africa reported that Hecla Mining (NYSE:HL) is increasing investment in silver projects on the expectation silver prices will remain high.

Reuters Africa reported that Hecla Mining (NYSE:HL) is increasing investment in silver projects on the expectation silver prices will remain high.

As quoted in the market news:

Silver, which climbed to a record high of $49.51 per ounce in April 2011, was trading around $34.02 an ounce on Tuesday. Societe Generale said it expects silver prices to pick up through 2012 as it continues to shadow gold.

Click here to read the full Reuters Africa report.

market-news societe-generale nyse-hl
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