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Lucky Friday shaft project to drive higher silver output for Hecla
April 8, 2021
Commodities
Underground at Lucky Friday. Credit: Hecla Mining
After completing and ramping up the #4 Shaft project at its Lucky Friday mine in Idaho, U.S.-focused silver and gold producer
Hecla Mining (NYSE: HL) produced 3.5 million oz. of silver in the first quarter, a 7% and 11% increase over the first quarter of 2020 and the last three months of the year. Lucky Friday contributed 863,901 oz. of the precious metal between January and March, an 802% increase over the same period last year; the year-on-year change was also due to a
three-year strike at the mine which ended in January 2020 and was followed by a ramp-up period.

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