Whether the mines produce zinc, lead, coal, gravel, silver, or gold, the direct and indirect financial impacts on the surrounding area are significant, according to a McDowell Group report commissioned by the Alaska Mining Association.
According to Hecla Greens Creek’s General Manager and Hecla VP Brian Erickson, the mine is unique as it’s the only US mine permitted to operate within a national monument. “That means our safety and environmental record must be among the best in the world right now,” Erickson says.
Hecla Reports 22 Percent Higher Silver, 4 Percent Higher Gold Production, Lower Debt, Growing Cash Balances
At the Greens Creek mine in 2019, 9.9 million ounces of silver and 56,624 ounces of gold were produced. For the fourth quarter, 2.7 million ounces of silver and 15,356 ounces of gold were produced. Silver production for 2019 was the highest it has been since Hecla acquired 100 percent ownership of the mine in 2008.