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November 21, 2012

Hecla Mining buys stake in Canamex

COEUR D'ALENE, Idaho (AP) — Officials with Hecla Mining Company say the business is acquiring about 14 million shares of a Canada-based resource exploration company for about $2.5 million.

The Coeur d'Alene Press reports the acquisition means Hecla will control about 15 percent of the outstanding common shares of Canamex Resources Corp.

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