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Hecla Mining Co HL

Alternate Symbol(s):  HL.P.B

Hecla Mining Company discovers, acquires and develops mines and other mineral interests and produces and market concentrates containing silver, gold and other metals, carbon material containing silver and gold, and unrefined dore containing silver and gold. Its segments include Greens Creek, Lucky Friday, Keno Hill, Casa Berardi and Nevada Operations. The Company produces zinc, silver and precious metals flotation concentrates at Greens Creek and silver and zinc flotation concentrates at Lucky Friday. At Greens Creek, it also produces gravity concentrate containing payable silver, gold and lead. It also produces unrefined gold and silver bullion bars (dore) and loaded carbon and precipitates at Casa Berardi, which are shipped to refiners before sale of the metals to precious metal traders. Keno Hill is located in the Keno Hill Silver District in Canada's Yukon Territory. Nevada Operations consists of four land packages in northern Nevada totaling approximately 110 square miles.


NYSE:HL - Post by User

Comment by mattbighamon May 04, 2024 9:20am
33 Views
Post# 36023088

RE:RE:Shamelessly copied from HL @ Yahoo NetJet 4 Phil? LOL

RE:RE:Shamelessly copied from HL @ Yahoo NetJet 4 Phil? LOL
Unlike you,I am a HL shareholder and most of us know what happened to create negative earnings last year.
The Lucky Friday shaft fire and subsequent reconstruction hit Hecla's production / earnings/ profits /bottom line for over nine months so the negative news hurt the share price last year. Lucky Friday is back to full production and Keno is ever closer to announcing full production :

Hecla announces 2024 first quarter production

04/08/2024

43% increase in silver production over Q4 2023


“The 43% increase in silver production reflects the consistent, strong performance from Greens Creek, Lucky Friday’s reaching full production in March and Keno Hill continuing its ramp-up," said Phillips S. Baker, Jr., President and CEO. "Casa Berardi continues to execute on its plan as it transitions to a fully surface operation."
 

Lucky Friday

The Lucky Friday mine produced 1.1 million ounces of silver as the mine completed ramp-up to full production in March. Mill throughput was 948 tpd during the quarter. The Company continues to work with the property insurer and has collected $17.4 million of insurance proceeds during the quarter and expects to receive the remaining proceeds during the year.

 



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