Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum 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... see more

NYSE:HL - Post Discussion

Hecla Mining Co > Apparent VGCX loss of slope & leach containment
View:
Post by HuskySW on Jun 26, 2024 10:48am

Apparent VGCX loss of slope & leach containment

Will probably only be interesting to investors that are also interested in what is happening in Keno Hill area generally and may be interesting if your into VGCX and HL.

If correct -

None of this is 100% confirmed and details are sketchy.

First no one injured.  OK we got that cleared. 

Hecla is not directly involved (they already had a wake up call over saferty incidents and are responding). 

VGCX stock was drastcally affected and of course there are now talks of closure (investors comments) , it's a seriois ground incident and also affects the leaching area with a containment breach.

The indirect effect is that ministries in both the Yukon and BC will be all over this with the resultant delays due to increased inpections on every move.  First Nations (Na-Cho Nyak Dun) , geo, engineering, safety and any one with an interest in the area will be all over this.

As a side note I was looking at Banyan's (HL has an interest)  3D map (it's good except fot some labelling issues) and looking at the Aurmac area, I was thinking investment when I noticed this.

https://www.mining.com/victoria-gold-accident-could-be-heap-leach-spill-in-yukon/

https://www.yukon-news.com/news/breaking-photos-show-landslide-at-victoria-gold-mine-in-the-yukon-7407932

https://www.rcinet.ca/eye-on-the-arctic/2024/06/25/damage-at-yukons-eagle-mine-site-could-be-worst-case-scenario-says-local-mayor/
Comment by roberto146 on Jun 26, 2024 2:38pm
Management's worst nighmare - an army of ESG enthusiasts, multiple levels of government bureaucrats, possibly a long list of class-action harvesters, first nations, politicians, and media for months or years. I say possibly for the class-action guys because Victoria doesn't have a huge amount of cash, their current account status is about net-zero, paying for the damage won't be cheap ...more  
Comment by HuskySW on Jun 26, 2024 4:52pm
If any company (on Keno/Galena Hill) , HL included, is not doing pro active extra due diligence not only in day to day execution but also  PR then they are asleep at the wheel.  HL is usiing the AXU initiated dry stack method (and use it elsewhere) but make no mistake that it is not infallible, and any leakage (some issues have happened) will have more ppl poking around HKH  with ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities