---
schema_version: "secwatch.filing_event.v1"
accession: "0001718405-21-000107"
form_type: "8-K"
ticker: "HYMC"
cik: "0001718405"
company_name: "HYCROFT MINING HOLDING CORP"
filed_at: "2021-11-10T23:59:59+00:00"
generated_at: "2026-06-28T10:03:10.219125+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Hycroft ceases active mining, Q3 gold prod +240% YoY; cash $19.8M; chairman resigns

## Summary
- Ceased pre-commercial ROM mining due to rising consumable costs; will continue leaching inventory to conserve cash.
- Q3 gold production 14,831 oz (+240% YoY); silver 91,437 oz (+295% YoY); operating losses persist.
- Cash $19.8M at Sep 30 (down from $56.4M at Dec 31); lender waiver reduces min cash to $9M through May 2022.
- Chairman David Kirsch resigned; independent director Eugene Davis appointed as Chairman.
- Focusing on Acid POX pre-feasibility study (completion Q1 2022); believes novel heap oxidation process uneconomic.

## SEC filing metadata
- accession: 0001718405-21-000107
- form_type: 8-K
- ticker: HYMC
- cik: 0001718405
- company_name: HYCROFT MINING HOLDING CORP
- filed_at: 2021-11-10T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1718405/000171840521000107/0001718405-21-000107-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1718405/000171840521000107/hymc-20211110.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001718405-21-000107
- JSON: https://secwatch.observer/filing/0001718405-21-000107.json
- Plain text: https://secwatch.observer/filing/0001718405-21-000107.txt

## Key facts
- Executive change
  Eugene Davis was appointed as Chairman of the Board at HYCROFT MINING HOLDING CORP.
  - Action: appointed
  - Role: Chairman of the Board
  source text: On November 9, 2021, the Board appointed its independent lead director, Eugene Davis, to replace Mr. Kirsch as Chairman of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1718405/000171840521000107/0001718405-21-000107-index.htm
- Executive change
  David Kirsch resigned as Chairman of the Board at HYCROFT MINING HOLDING CORP.
  - Action: resigned
  - Role: Chairman of the Board
  source text: On November 9, 2021, David Kirsch notified the Company’s board of directors (the “Board”) of his resignation as a director and Chairman of the Board, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1718405/000171840521000107/0001718405-21-000107-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.