2023-09-18 10:44:47
(Added context and details in paragraphs 2 to 4)
Sept 18 (Archyde.com) – Hecla Mining HL.N said on Monday that production at its Idaho mine, which previously reported a fire, would likely remain suspended throughout the year, prompting the company to revise downwards its silver production forecasts for the period.
The company said last month that a “ground fall” incident (link) had occurred in one of the shafts at its Lucky Friday mine – one of the main silver mines in the United States – and that it subsequently suspended its activities.
On Monday, the company said the fire had been extinguished and repair work was underway at the mine. This work is expected to suspend production until the end of 2023.
The mining company lowered its full-year 2023 silver production forecast to between 14.5 million and 15.5 million ounces, from its previous projection of 16 million to 17.5 million ounces. ‘ounces.
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