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HL / Hecla Mining stock slides as mine shaft collapses; output takes a hit

Hecla Mining stock slides as mine shaft collapses; output takes a hit
Hecla Mining Company (NYSE:HL) shares fell 10% to $4.12 on Monday after the biggest US silver miner revealed that production and cost guidance at its Lucky Friday mine in Idaho will be impacted after operations were suspended following a "fall of ground" incident, which involves a collapse of a part of the mine shaft or tunnel roofs or walls crumbling.  The company stated that it was working on a plan to resume production and would update its 2023 outlook once that happens. Read More
Posted: Aug 21 2023, 12:43
Author Name: Proactive Investors
Views: 102431

HL News  

Higher silver prices needed to meet solar demand, 'you're not going to melt grandmother's silver at $35 an ounce,' Hecla's Phillips Baker

By Kitco
October 17, 2023

Higher silver prices needed to meet solar demand, 'you're not going to melt grandmother's silver at $35 an ounce,' Hecla's Phillips Baker

(Kitco News) - Investment demand in silver has been fairly disappointing through most of 2023; however, one mining executive said that this is not the more_horizontal

Hecla Mining: Dealing With Lucky Friday's Setback

By Seeking Alpha
October 16, 2023

Hecla Mining: Dealing With Lucky Friday's Setback

Hecla Mining Company reported preliminary silver and gold production for Q3 2023, with silver production down 7.8% QoQ and gold production up 11.4% Qo more_horizontal

Why Hecla Mining Stock Blasted Higher Today

By The Motley Fool
October 13, 2023

Why Hecla Mining Stock Blasted Higher Today

The miner, which concentrates largely on precious metals, released an operational update. It detailed mining volumes for both the first nine months of more_horizontal

Analysts Recommend These Mining Stocks Before Metal Prices Rally

By MarketBeat
September 21, 2023

Analysts Recommend These Mining Stocks Before Metal Prices Rally

Within the latest ISM non-manufacturing PMI report, the mining industry is sending traders and investors a clear 'qualitative' message that they would more_horizontal

Hecla says production at the Lucky Friday silver mine won't resume until end of 2023 due to repairs

By Kitco
September 18, 2023

Hecla says production at the Lucky Friday silver mine won't resume until end of 2023 due to repairs

(Kitco News) - Silver and gold producer Hecla Mining (NYSE: HL) announced today that the previously reported fire at the Lucky Friday mine has been ex more_horizontal

Hecla Mining suspends Lucky Friday production until end of 2023

By Proactive Investors
September 18, 2023

Hecla Mining suspends Lucky Friday production until end of 2023

Hecla Mining Company (NYSE:HL), the largest silver producer in the US, has suspended production at its Lucky Friday operation in Idaho for the rest of more_horizontal

Hecla to Participate in H.C. Wainwright Global Investment Conference and Gold Forum Americas

By Business Wire
September 11, 2023

Hecla to Participate in H.C. Wainwright Global Investment Conference and Gold Forum Americas

COEUR D'ALENE, Idaho--(BUSINESS WIRE)--Hecla to Participate in H.C. Wainwright Global Investment Conference and Gold Forum Americas. more_horizontal

Hecla Mining: Keno Hill Will Be A Major Contributor In 2024

By Seeking Alpha
August 31, 2023

Hecla Mining: Keno Hill Will Be A Major Contributor In 2024

Hecla Mining Company released its second quarter 2023 results, reporting increased production and revenues. Hecla Mining is expected to benefit from h more_horizontal


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