Hecla Mining Produces 17.2 Million Ounces of Silver and 233,929 Ounces of Gold in 2016

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1104-nyse/hl/28068-hecla-mining-produces-17-2-million-ounces-of-silver-and-233-929-ounces-of-gold-in-2016.html

COEUR D’ALENE, Idaho–(BUSINESS WIRE)–Hecla Mining Company (NYSE:HL) today announced preliminary silver and gold production results¹ for the fourth quarter and full year 2016 that exceeded the Company’s expectations.

2016 HIGHLIGHTS (compared to 2015)

  • Silver production of 17.2 million ounces, a 48% increase.
  • Gold production of 233,929 ounces, a 24% increase.
  • Silver equivalent production of 46.1 million ounces, or gold equivalent production of more than 631,000 ounces, a 23% increase.2
  • Lead production increased 6% and zinc production decreased 2%.
  • Cash, cash equivalents and short-term investments of approximately $198 million at December 31, 2016, an increase of about $43 million for the year.

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