Hecla Reports 10.4 Million Ounces of Silver and 262,103 Ounces of Gold Production in 2018

hecla reports 2018 production results

 

COEUR D’ALENE, Idaho–(BUSINESS WIRE)– 1/15/2019 6:00 AM ET– Mining Company (NYSE:HL) today announced preliminary silver and gold production results for the fourth quarter and full year 2018.

2018 HIGHLIGHTS

  • Silver production of 10.4 million ounces, and a company-record gold production of 262,103 ounces.
  • Silver equivalent production of 43.6 million ounces and gold equivalent production of 540,174 ounces.2
  • Lead production of 20,091 tons; zinc production of 56,023 tons.
  • Cash, cash equivalents and short-term investments of approximately $27 million at December 31, 2018, and the revolving line of credit was undrawn.

McEwen Mining Reports 2017 Full Year and Q4 Production Results

McEwenMining_150118

TORONTO, Jan. 15, 2018 (GLOBE NEWSWIRE) — McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) reports annual consolidated production in 2017 was 109,947 gold ounces and 3,178,742 silver ounces, or 152,329 gold equivalent ounces(1), at a gold to silver ratio of 75:1.

2017 Consolidated Production Summary

Guidance 2017 Q1 Q2 Q3 Q4
Gold ounces 109,500 109,947 20,096 22,191 19,051 48,609
Silver ounces 3,337,000 3,178,742 722,767 779,487 749,749 926,739
Gold Eq. ounces 154,000 152,329 29,733 32,584 29,047 60,965