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Hecla Mining Co HL

Alternate Symbol(s):  HL.PR.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 Feb 29, 2024 5:14am
104 Views
Post# 35905688

RE:A little help please mattbingham:

RE:A little help please mattbingham:Baker has stated the company's commitment to expansion and Hecla mgmt. obviously coveted the experience, opinions and insights of Mr. Board when he served Hecla for seven years but then quit / 'retired' to run his own mine engineering consulting company: Mr. Board has been President of M Board Mining Consulting, LLC since 2020. Prior to that, he served as Vice President Innovation and Technical Services for Hecla Limited, a subsidiary of Hecla Mining Company, from June 2014 until his retirement in June 2020. Prior to that, he acted as a consulting engineer for Itasca Consulting Group where he provided mine evaluation, mine design and stability assessments for underground and open pit mines worldwide. Mr. Broad has over 45 years of experience as a mining and geotechnical engineer and holds a PhD in Geological Engineering from the University of Minnesota. Tie his appointment in with the stated corporate vision of Hecla from it's Pres./CEO Baker one month ago: "We ultimately want to become an SnP 500 company." "We are clearly a company that would benefit from acquisitions that would allow us to grow dramatically. We produced 20 million oz of silver and we would like to see that double. We ultimately want to become an SnP 500 company. We need more silver production and higher prices and I think we are going to see both of those." " Of the primary silver producers we are the third largest. We're the ones that are the most acquisitive although we are probably the ones with the least need for acquisitions. We're in very good shape to take action should the other company want to do something."
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