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Hecla Mining Co HL.PR.B


Primary Symbol: HL

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 roberto146on Nov 04, 2023 1:42pm
67 Views
Post# 35717535

RE:RE:Mining Weekly - Hecla updates 2023 silver guidance

RE:RE:Mining Weekly - Hecla updates 2023 silver guidance"... lower numbers ..."

The article states that 2023 9-mo production is about 1 million oz higher than 2022 9-mo production, not lower.
2022 total production was 14.2 million oz, and for full year 2023 the forecast is now 14.5 to 15.5 million, an increase of 0.3 to 1.3 million oz over 2022 (which was a record high year). Previous forecast was 16 to 17.5 million oz.
The forecast 2023 full year increase over 2022 is reduced due to the Lucky shutdown but still an increase over 2022. 
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