(Kitco News) - Hecla Mining (NYSE: HL) reported today that in Q3 2022, the company produced 3.6 million ounces of silver, up 33% over Q3 2021, adding it is on track to exceed its silver production guidance.
The company’s Q3 2022 gold production of 44,747 ounces was in line with Q2 2022 and up 6% compared to Q3 2021. Hecla also produced 11,601 short tons of lead and 15,859 short tons of zinc in Q3 2022.
President and CEO Phillips S. Baker, Jr., commented, “Hecla reported another strong quarter of operational performance from all three mines as Greens Creek achieved record throughput for the quarter, Lucky Friday’s quarterly production continued to exceed 1 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.
“With strong operational performance over the past nine months at all of our operating mines, we are increasing our 2022 production guidance. Our production growth makes Hecla the fastest growing established silver producer, further increasing our leadership as the largest silver producer in the U.S. with the potential to be Canada’s largest silver producer as well.”
Founded in 1891, Hecla Mining is the largest silver producer in the United States. In addition to operating mines in Alaska, Idaho, Quebec, Canada, the company is developing a mine in the Yukon, Canada, and owns a number of exploration and pre-development projects in North America.
