Economy

Jump in 3Q earnings, dividend announced by Hecla

Hecla Mining, operator of Greens Creek mine on Admiralty Island, reported third quarter earnings this week. Company officials say higher metals prices this year are responsible for increased third quarter revenue and more cash flow. The first-ever dividend linked to the price of silver is also going out this month. Total sales for the third…

Alaska airports help drive economy

Alaska airports are key drivers of the state’s economy and an area for growth. A new report looks at the economics and community importance of 12 airports around the state. Conducted by Northern Economics, it shows Alaska’s aviation industry supplies 47,000 jobs, and pumps $3.5 billion into the state’s economy. Eighty-two percent of all Alaska…

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