Lucky Friday, Hecla’s third-largest silver producer, produced 3.1-million ounces of the precious metal in 2023, a 30% decrease from the previous year, owing to the temporary suspension.
Despite challenges at Lucky Friday and the Keno Hill mine in Canada’s Yukon Territory, Hecla managed to beat its 2022 production, delivering 14.3-million ounces of the precious metal last year.
Yukon mine inspectors raised a number of concerns around the Keno Hill operation last year after they found sediment runoff from tailings facilities, poor storage of hazardous materials, hydrocarbon stains on the ground, and discharged water that was toxic to fish.
“Despite these challenges, silver production exceeded last year as Greens Creek delivered another strong year, Lucky Friday’s production through July with our patented UCB method produced more silver than the mine typically produced in a full year with the old mining method, and the…
