Hecla Mining Co HL

Alternate Symbol(s): HL.P.B

Metals & Mining Silver

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.

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Hecla Mining Co

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Post by goldennorthon May 09, 2024 1:05pm

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Post# 36031550

Produced 4.2 Million Silver Ounces

Hecla Mining Reports First Quarter 2024 Results; Cost and Production Guidance Affirmed

-Produced 4.2 million silver ounces, an increase of 43% over the fourth quarter of 2023 ("prior quarter")

-Lucky Friday completed ramp-up to full production with 1.1 million silver ounces produced.

-Improved safety at Keno Hill - 41% improvement over the 2023 All-injury Frequency Rate ("AIFR"); increased throughput 29% over the prior quarter, produced 0.6 million ounces of silver.

-2024 production and cost guidance reiterated.

"The first quarter reflects an inflection point with the strong performance from Greens Creek, achieving full production at the Lucky Friday, and significant improvements in safety, environment, and production from Keno Hill," said Phillips S. Baker Jr., President and CEO. "With this strong start to the year, we are well-positioned to achieve our production and cost guidance for 2024."

https://www.marketscreener.com/quote/stock/HECLA-MINING-COMPANY-12936/news/Hecla-Mining-Company-Reports-Earnings-Results-for-the-First-Quarter-Ended-March-31-2024-46671561/