The Silver Valley
is the richest primary silver producing mining region
in the world. As the center of the mining district and a hub of
commerce, Wallace earned the title of the Silver Capital of the World
In just one hundred twenty-eight years, over 1.2 BILLION Troy ounces of
silver have been produced from mines in this valley,
along with 8.4 million tons of lead and 3.3 million tons of zinc.
More than five hundred thousand Troy ounces of gold and over two hundred thousand tons
of copper have been produced from these mines as well. At the beginning of 2010,
about 700 people work in Silver Valley mines, where another billion ounces
of silver waits to be extracted from thousands of feet below the surface.
With yearly revenues close to $190 million,
Coeur d'Alene Mines Corporation is one of the world's leading silver
Companies and also a significant gold producer. Exploration and production
is occurring in Bolivia, Mexico, Chile, Argentina, Australia, Alaska and Nevada.
On June 1, 2006, Coeur d'Alene Mines sold its Galena Mine and Mill,
along with the Coeur Mine and Mill, and the Caladay Project, all located
near Wallace in the Silver Valley, to US Silver
Established in 1891 in northern Idaho’s Silver Valley, Hecla Mining
Company has distinguished itself as a respected precious metals producer
with a rich mining history. Hecla is the largest and the lowest cash cost,
primary silver producer in the U.S., with exploration properties and
operating mines in four world-class silver mining districts in the U.S.
and Mexico. The company’s common stock has been traded on the New York
Stock Exchange for over 40 years.