Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Hecla Mining’s metal production increased in Q2 (period ended June 30, 2021) compared to last quarter while prices remained steady driving record-high results.


The company’s lead production surged 50pc to 22,245mt in H1 2021 against 14,870mt in H1 2020, due to robust performance at Lucky Friday mine. Lead output also rose 29pc to 11,541mt in Q2 2021 versus 8,977mt in the same quarter last year. 


Lucky Friday, located in Idaho, resumed full production levels by the end of 2020 and has been operating at an average of 906mt per day.


The miner’s zinc production increased 9pc to 33,318mt in H1 2021 compared to 30,702mt in the same timeframe last year. However, output fell 4pc to 17,211mt in Q2 2021 compared to 17,855mt in the second quarter of 2020.


The decrease was attributed to lower grades at Greens Creek, located in Alaska, due to mine sequencing. The mill operated at an average of 2,362mt per day.

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