“Northwest Silver Mines To Remain Under Separate Ownership”

Two of the most productive silver mines in the Northwest will remain under separate ownership after several weeks of corporate wrangling.

Coeur d’Alene-based Hecla Mining had attempted to take over U.S. Silver through all-cash buyout offer to shareholders. But U.S. Silver of Toronto rebuffed the plan and is poised to merge with another Canadian mining company.

The maneuvering comes as a metal once known for its use in jewelry is in high demand as an industrial ingredient of electronics.

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