Hecla Mining (NYSE: HL), the largest silver producer in the United States, wants to improve productivity after a fire and safety breaches last year.
The company is rebounding from a mile-deep fire at the Lucky Friday mine in Idaho and a slowed ramp-up at Keno Hill in the Yukon following reports of tailings runoff and toxic water. It’s targeting a 30% expansion in output over the next two years, CEO Phillips J. Baker says in a new video.
“We’re growing with just our existing assets,” Baker says. “At Lucky Friday we put in a brand new mining method about three years ago that has completely changed that mine.”
Watch the full conversation below with The Northern Miner‘s western editor, Henry Lazenby, at the Association for Mineral Exploration British Columbia’s Roundup last month.
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