# Hecla Mining to acquire Klondex Mines for US$462 million

Hecla Mining Company will acquire all outstanding shares of Klondex Mines Ltd., including its Fire Creek, Midas and Hollister gold mines in Nevada, for US$462 million in cash and stock.

- Type: Acquisition
- Announced: 2018-03-19
- Where: Nevada, USA, United States
- Value: $462.0M
- Status: announced
- Products: gold
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Hecla Mining Company](https://endata.com/companies/28010.md) (acquirer)
- [Klondex Mines Ltd.](https://endata.com/companies/30822.md) (target)

## Sources

- [juniorminingnetwork.com](https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1104-nyse/hl/43857-hecla-to-acquire-three-high-grade-nevada-gold-mines-with-the-acquisition-of-klondex-mines-ltd.html), 2018-03-19: "Opportunities to acquire significant land packages along Nevada's prolific gold trends are very rare."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.