Hecla Mining’s Lucky Friday to Boost Production, Costs

Bloomberg reported that silver producer Hecla Mining Co said that the recent reopening of their Lucky Friday mine in Idaho would boost production by Q3, but will also boost costs significantly.

As quoted in the market report:

The company, which also operates the Greens Creek mine in Alaska, said it expected silver production to increase more than 25 percent to about 8 million to 9 million ounces in 2013.

To view the whole Bloomberg report, click here.