North of 60 Mining News - The mining newspaper for Alaska and Canada's North

By Shane Lasley
Mining News 

Byproducts pay for silver at Greens Creek

Gold, zinc, and lead paid for all mining costs, and then some North of 60 Mining News – August 6, 2021

 

Last updated 9/2/2021 at 3:53pm

Hecla Mining Company Greens Creek silver byproduct credits cost of sales surplus

Hecla Mining Company

Hecla's Greens Creek Mine in Southeast Alaska produced 5.14 million ounces of silver at negative $1.65 per oz after byproduct credits during the first six months of 2021.

Hecla Mining Company Aug. 5 reported that the gold, zinc, and lead produced at Greens Creek generated more than enough cash to pay the costs to produce the 5.14 million ounces of silver during the first six months of 2021.

After calculating in byproduct credits, the cash cost to produce an ounce of silver at Greens Creek during the first half of the year was negative $1.65. This means that ever...



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