Hecla Mining Company (HL) has released an update.
Hecla Mining Company has filed new technical reports revealing significant updates for its Casa Berardi and Keno Hill mines, indicating a 45% increase in Keno Hill’s silver reserves and a strategic shift at Casa Berardi leading to a 21% decrease in gold reserves. The reports forecast substantial increases in both mines’ life-of-mine free cash flows and net present values based on current price assumptions for silver and gold. These developments suggest enhanced production plans and financial outcomes for the mining operations.
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