Hecla Mining: From conglomerate to focused silver producer
Reading Time: 4 minutes
From turnaround case to debt-free silver champion: Through the strategic sale of Casa Berardi and an operational record year in 2025, Hecla has successfully transformed into a focused pure-play in politically safe regions. Massive cash flow leverage: Thanks to extremely low cost of production (AISC ~15–16 USD) and a silver price above 80 USD, the company is currently achieving record margins with minimized financial risk. Hecla Mining successfully reinvented itself in early 2026. Following operational turbulence and setbacks in 2023 and...
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