In Alaska, Greens Creek delivered another year of strong and consistent performance as the largest US silver mine achieved record throughput, resulting in 9.7 million oz. of production, in line with the prior year.
The Keno Hill project in Yukon, which Hecla acquired in its takeover of Alexco Resource in the summer of 2022, began silver production in the second half of 2023, ending the year with 1.5 million oz. The mine is continuing to ramp up as major infrastructure gets finished, and is expected to produce 2.7-3.0 million oz. this year.
Meanwhile, the Casa Berardi mine in Quebec, which predominantly produces gold, began the transition to surface only mining, with results exceeding expectations for tons and cost per ton as the company operates its own surface fleet.
Looking ahead, Hecla is expecting consolidated silver production to increase by 15-20% to 16.5-17.5 million oz. this year, and then increase by another 30% (compared…
