Lucky Friday Silver Production 1.5M Oz. In First Half Of 2011

摘要

Hecla Mining Company reported second quarter net income of $33.3 million. Second quarter silver production was 2.3 million ounces at a cash cost of $0.52 per ounce, net of by-products. "Hecla had solid operational and financial results year-to-date generating significant cash flow from Greens Creek and Lucky Friday to fund our capital projects and meet our environmental settlement obligations," said Hecla's President and Chief Executive Officer, Phillips S. Baker, Jr. "The #4 Shaft Project combined with the new pre-development initiatives at our four properties are expected to increase production by approximately 50-60% over the next 5 years.