Hecla reports 14.2M oz silver in 2022, up 10% YoY; union ratifies 6-year Lucky Friday deal

HECLA MINING CO/DE/

2022-FY EPS reported $0.07 revenue$718,905,000

Silver production 14.2M oz in 2022, up 10% YoY, exceeding guidance; gold production 175,807 oz, down 13%.
Lucky Friday silver rose 24% YoY with record mill throughput of 978 tpd and higher grades.
Keno Hill on track for Q3 2023 production start, targeting >2.5M oz silver with $35-40M ramp-up costs.
Greens Creek mill record throughput of 2,502 tpd in Q4; annual silver output up 5%.
USW Local 5114 ratified 6-year collective bargaining agreement at Lucky Friday; wages increased.

item 2.02 item 8.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

HECLA MINING CO/DE/ reported preliminary financial results for the fourth quarter and full year ended December 31, 2022.

Period: the fourth quarter and full year ended December 31, 2022
Result: preliminary results

Exact text from the filing

On January 11, 2023, the Company issued a news release (“Release”) announcing certain preliminary production results for the fourth quarter and full year ended December 31, 2022.

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HECLA MINING CO/DE/ filing history →

Source: SEC EDGAR

accession 0001193125-23-009393

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