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Hecla Announces Q1 2021 Production
April 8, 2021 GMT
COEUR D’ALENE, Idaho (BUSINESS WIRE) Apr 8, 2021
Hecla Mining Company ( NYSE:HL ) today announced its preliminary silver and gold production for the first quarter of 2021. 1
HIGHLIGHTS
Gold production of 52,004, a decrease of 12%, because of reducing less profitable production.
Zinc and lead production increased 25% and 82%, respectively, due to Lucky Friday production.
Silver equivalent production of 9.3 million ounces or gold equivalent production of 135,946 ounces. 2
Quarter-end cash position exceeds $135 million.
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“Greens Creek, Lucky Friday and Casa Berardi all had strong operating performance which combined with current silver prices enabled us to close the quarter with more than $135 million in cash,” said Hecla’s President and CEO, Phillips S. Baker, Jr. “This is our fourth consecutive quarter of