Hecla increases quarterly silver production while gold output down in Q2 year-over-year


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(Kitco News) – Hecla Mining (NYSE: HL) today announced that in Q2 2022, the company produced 3.6 million ounces of silver, an increase of 3% over Q2 2021 (3.5 million ounces) due to record throughput at the Lucky Friday mine.

The company also produced 45,718 ounces of gold (Q2 2021: 59,139 ounces), 16,766 tonnes of zinc (Q2 2021: 17,211 tonnes), and 13,331 tonnes of lead (Q2 2021: 11,541 tonnes).

President and CEO Phillips S. Baker, Jr., said, “On July 5th we announced the acquisition of Alexco Resource Corp. which owns the Keno Hill silver district in the Yukon Territory of Canada. In addition to being the largest silver producer in the United States, with completion of necessary development at Keno Hill, Hecla has the potential to become the largest silver producer in Canada.”

Founded in 1891, Hecla Mining is the largest silver producer in the United States. In addition to operating mines in Alaska, Idaho and Quebec, Canada, the company owns a number of exploration and pre-development projects in world-class silver and gold mining districts throughout North America.





Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.



Read More:Hecla increases quarterly silver production while gold output down in Q2 year-over-year

2022-07-12 19:09:00

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