HighGravityData
Companies / Hecla Mining / Filing

Hecla Mining — Feb 13, 2025 release

Fiscal 2024 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001437749-25-003775
Open on SEC.gov ↗
Showing in the filing
Casa Berardi 160 pit gold production
“until 2027”
Period
No period stated
Measure
Company-defined measure
Source
Prose
All guidance in this release · 58
Casa Berardi 160 pit gold production
“until 2027”
Casa Berardi production gap
“commencing in 2027 and continuing until 2032 or later”
Quarterly common stock dividend declared for FY2025
“$0.00375 per share”
Quarterly Series B preferred stock dividend … for FY2025
“$0.875 per share”
Consolidated silver production for FY2025
“15.5-17.0 million ounces”
Total consolidated silver production (Moz) for FY2025
“15.5 - 17.0”
Greens Creek silver production for FY2025
“8.1-8.8 million ounces”
Lucky Friday silver production for FY2025
“4.7-5.1 million ounces”
Keno Hill silver production for FY2025
“2.7-3.1 million ounces”
Consolidated gold production for FY2025
“120-130 thousand ounces”
Greens Creek Silver Production (Moz) for FY2025
“8.1 - 8.8”
Greens Creek Gold Production (Koz) for FY2025
“44.0 - 48.0”
Greens Creek silver-equivalent production (M… for FY2025
“18.0 - 19.5”
Greens Creek gold-equivalent production (Koz) for FY2025
“200.0 - 210.0”
Lucky Friday Silver Production (Moz) for FY2025
“4.7 - 5.1”
Lucky Friday Gold Production (Koz) for FY2025
“N/A”
Lucky Friday silver-equivalent production (M… for FY2025
“8.0 - 8.5”
Lucky Friday gold-equivalent production (Koz) for FY2025
“90.0 - 95.0”
Casa Berardi Silver Production (Moz) for FY2025
“N/A”
Casa Berardi gold-equivalent production (Koz) for FY2025
“76.0 - 82.0”
Casa Berardi silver-equivalent production (M… for FY2025
“6.5 - 7.5”
Keno Hill Silver Production (Moz) for FY2025
“2.7 - 3.1”
Keno Hill Gold Production (Koz) for FY2025
“N/A”
Keno Hill silver-equivalent production (Moz) for FY2025
“3.0 - 3.5”
Keno Hill gold-equivalent production (Koz) for FY2025
“30.0 - 40.0”
Total consolidated gold production (Koz) for FY2025
“120.0 - 130.0”
Total consolidated silver-equivalent product… for FY2025
“35.5 - 39.0”
Total consolidated gold-equivalent productio… for FY2025
“396.0 - 427.0”
Keno Hill production costs, excluding deprec… for FY2025
“$15-$17 million per quarter”
Keno Hill production costs, excluding deprec…
“$15-$17 million”
Greens Creek Total Costs of Sales (million) for FY2025
“289.0”
Greens Creek Cash costs, after by-product cr… for FY2025
“$2.00 - $2.50”
Greens Creek AISC, after by-product credits,… for FY2025
“$8.75 - $9.50”
Lucky Friday Total Costs of Sales (million) for FY2025
“135.0”
Lucky Friday Cash costs, after by-product cr… for FY2025
“$4.25 - $4.75”
Lucky Friday AISC, after by-product credits,… for FY2025
“$16.50 - $18.00”
Total Silver Total Costs of Sales (million) for FY2025
“424.0”
Total Silver cash costs per silver ounce, af… for FY2025
“$3.00 - $3.25”
Total Silver AISC per silver ounce, after by… for FY2025
“$15.75 - $17.00”
Casa Berardi Total Costs of Sales (million) for FY2025
“165.5”
Casa Berardi Cash costs, after by-product cr… for FY2025
“$1,500 - $1,650”
Casa Berardi AISC, after by-product credits,… for FY2025
“$1,750 - $1,950”
Consolidated capital investment for FY2025
“$222-$242 million”
Lucky Friday reserve mine-life for the long term
“seventeen years”
Total Capital expenditures - Total (millions) for FY2025
“$222 - $242”
Total Capital expenditures - Sustaining (mil… for FY2025
“$125 - $133”
Total Capital expenditures - Growth (millions) for FY2025
“$97 - $109”
Greens Creek Capital expenditures - Total (m… for FY2025
“$58 - $63”
Greens Creek Capital expenditures - Sustaini… for FY2025
“$48 - $51”
Greens Creek Capital expenditures - Growth (… for FY2025
“$10 - $12”
Lucky Friday Capital expenditures - Total (m… for FY2025
“$63 - $68”
Lucky Friday Capital expenditures - Sustaini… for FY2025
“$58 - $61”
Lucky Friday Capital expenditures - Growth (… for FY2025
“$5 - $7”
Casa Berardi Capital expenditures - Sustaini… for FY2025
“$19 - $21”
Casa Berardi Capital expenditures - Growth (… for FY2025
“$39 - $42”
Keno Hill Capital expenditures - Growth (mil… for FY2025
“$43 - $48”
Exploration & Pre-Development expenditures -… for FY2025
“$28”
Keno Hill expected increase in throughput
“600 tons per day”
Exhibit 99.1 · the passage around this item
… earlier in the release
With the expected decline in 160 pit's strip ratio, the mine's economics are expected to improve with free cash flow generation commencing in the second half of 2025.   HECLA FOURTH QUARTER AND FULL YEAR 2024 RESULTS | NEWS RELEASE 13     Casa Berardi is expected to produce gold from the 160 pit until 2027. At current gold prices, the 160 pit is expected to generate strong free cash flow from the second half of 2025 (when the pit's strip ratio is expected to decline) until 2027. Upon completion of mining at the 160 pit, and milling the remaining stockpiles, Casa Berardi is expected to have a production gap commencing in 2027 and continuing until 2032 or later. During this time, the focus is expected to be on investing in permitting, infrastructure and equipment, as well as de-watering and stripping two expected new open pits, the Principal and West Mine Crown Pillar pits. Upon conclusion of the hiatus and related permitting and construction, the Company expects the mine to generate significant free cash flow at current gold prices. Given the expected hiatus in future production and the uncertainty surrounding permitting and timing of construction of the new open pits, the Company continues to consider strategic alternatives for Casa Berardi.   Please refer to guidance section of the release for production, cost, and capital guidance for 2025.   EXPLORATION AND PRE-DEVELOPMENT   Exploration and pre-development expenses totaled $5.7 million for the fourth quarter a
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.