NYSE-listed Hecla Mining has reported another strong quarter of operational performance from all three of its mines, with silver output of 3.6-million ounces placing the company on track to exceed its full-year guidance.
Gold production of 44 747 oz was in line with the second quarter’s output.
“Lucky Friday’s quarterly production continued to exceed one-million ounces and the mine has already produced around 90% of last year’s annual production, and Casa Berardi delivered consistent production with the mill continuing the record throughput rates,” said president and CEO Phillips Baker.
Lucky Friday, in Idaho, produced 1.07-million ounces, down 12% on the second-quarter production. Green’s Creek, in Alaska, increased silver output by 2% quarter-on-quarter to 2.47-million ounces and gold production decreased by 8% to 11 412 oz.
Casa Berardi, in Quebec, delivered 33 335 oz, which was in line with the previous quarter’s output.
Hecla’s silver guidance for 2022 is 13.6-million to 14.1-million ounces and its gold guidance is 169 000 oz to 180 000 oz.
Green’s Creek is forecast to produce between 9.3-million and 9.6-million ounces of silver and 44 000 oz to 48 000 oz of gold.
Lucky Friday’s guidance is for 4.3-million to 4.5-million ounces of silver.
Casa Berardi’s gold output will be between 125 000 oz and 132 000 oz.