About Sterling Mining

.Sterling Mining Company was founded in 1903 in Wallace, Idaho. The stock of Sterling Mining Company was traded on the former Spokane Stock Exchange, then on the Over the Counter Market under the symbol SRLM. The Company owned 17 mining claims in the famed Coeur d'Alene Mining District.

In 1998 Raymond De Motte became President and developed a new strategic plan to make Sterling Mining Company a major silver mining company. The plan was executed with success as Sterling became listed on the Toronto Senior Stock Exchange and in Frankfurt, the land holdings expanded over 70,000 acres, and the company acquired control of the legendary Sunshine Silver Mine as well going into commercial production in Mexico and portions of the Sunshine Mine. Stockholders were richly rewarded with a return of over 1,000% during Mr. De Motte's time as President of Sterling. The company won a National Safety Award, and became known for its unique business culture attracting a highly motivated and experienced team. The market capitalization for Sterling Mining rose during this time from less than $1 million to over $200 million dollars.

In early 2008 during delays in returning the Sunshine returning to full production, a board coup happened and new management installed. The new board and management team ran the company into the ground in both Idaho and Mexico, and by 2009 was out of business.

This website is dedicated to the memory of the company, and the men and women who worked there.