Mibam also announced in today's publication that it had accepted the "resignation" of Hecla's mineral rights and that former Hecla facilities and equipment at the mine ate now in the hands of a government tax inspector. The Ministry, however, is at pains to emphasize that the resignation does not release Hecla from full and final payment of all sums due in respect of taxes, fines and default interest. No amount has been stated.
Hecla Mining -- based in Coeur d'Alene, Idaho -- said in June that it was selling its Venezuelan subsidiaries to the Russian-owned Agapov Group's Rusoro Mining for US$25 million and that it planned to get rid of other assets in Venezuela including leases on Isidora and La Camorra.
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