Hecla Mining faced initial challenges at the Keno Hill mine, where inspectors found last year sediment runoff from tailings facilities, poor storage of hazardous materials, hydrocarbon stains on the ground, and discharged water that was toxic to fish.
Despite the setback, Keno Hill produced 1.5 million ounces of silver in 2023, with 608,301 ounces produced in the fourth quarter. The Bermingham deposits, which form the backbone of Hecla Yukon’s current mining operations, achieved their highest production in December, exceeding 9,500 tonnes mined. Ore inventory at the end of the year was approximately 3,000 tonnes at a silver grade of 27 ounces per tonne.
Hecla, which also has offices in Vancouver, Canada, expects to become the country’s largest silver producer as its Yukon operations grow.
“I think this is going to be an incredible mining district, it already is, but it’s going to be even bigger. (…) It’s a 200…


