The former Bunker Hill silver mine. Credit: Bunker Hill Mining
Teck Resources (TSX: TECK.A/TECK.B, NYSE: TECK) will make an investment of $40 million in Bunker Hill Mining (TSXV: BNKR) as part of its strategy to optimize its Trail Operations in British Columbia.
The investment, said Teck, secures high-quality, cost-competitive shipments of zinc and lead concentrates from the Bunker Hill mine located in Idaho’s Silver Valley.
Discovered in 1885, the Bunker Hill mine operated for nearly a century, and represents a legendary fixture in American mining history. During its active years, the mine accounted for nearly half of the base metals production from the Coeur d’Alene mining district. In 2020, Toronto-headquartered Bunker Hill Mining took over the project with a view of bringing back the once-productive mine.
Under an existing offtake agreement between the companies, production from Bunker Hill…
