The mining newspaper for Alaska and Canada's North

Hecla mines finish year strong

North of 60 Mining News – January 5, 2018

Hecla Mining Company Jan. 10 reported that its Greens Creek Mine produced 8.4 million ounces of silver and 50,855 oz of gold in 2017. The mill operated at an average of 2,300 tons per day in 2017, a record which is about 15 percent higher than the throughput when Hecla became operator of the underground mine in 2008.

Overall, Hecla's four mines – Greens Creek, San Sebastian (Mexico), Casa Berardi (Quebec) and Lucky Friday (Idaho) – produced 12.5 million oz of silver, 232,685 oz of gold, 55,109 tons of zinc and 22,734 tons of lead.

Hecla's silver production was second highest in the company's history and gold production was third highest.

"Our mines finished the year strongly, with Greens Creek exceeding our estimates again this year and Casa Berardi and San Sebastian performing at the upper end of our estimates, generating the second highest annual silver production and third highest gold production in our 126-year history," said Hecla President and CEO Phillips Baker, Jr. "Their performance is a result of the focus on increasing throughput, with Greens Creek and Casa Berardi both achieving records."

–SHANE LASLEY

 

Reader Comments(0)