operations
In 2012, Hecla's Greens Creek mine produced 6.4 million ounces of silver at an average total cash cost per ounce of $2.70(1). Hecla currently produces silver from two silver mines, Greens Creek and Lucky Friday. During 2012, the Lucky Friday mine conducted rehabilitation work with operations and production resuming as expected in early 2013.
| Silver Ounce Production (in thousands): |
2009 |
2010 |
2011 |
2012 |
Greens Creek Unit Lucky Friday Unit (1) Total silver ounces |
7,459 3,530 10,989 |
7,207 3,359 10,566 |
6,498 2,985 9,483 |
6,394 - - 6,394 |
| Gold Ounce Production: | ||||||
| Greens Creek Unit Total gold ounces |
67,278 67,278 |
68,838 68,838 |
56,818 56,818 |
55,496 55,496 |
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| Average cost per ounce of silver produced: ($/oz) |
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| Total cash cost per ounce (2) |
$ 1.91 |
$ (1.46) |
$ 1.15 |
$2.70 |
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(1) During 2012, the Lucky Friday conducted rehabilitation work with operations and production resuming as planned in early 2013.
(2) Total cash cost per ounce of silver represents a non-U.S. Generally Accepted Accounting Principles (GAAP) measurement. A reconciliation of total cash cost to cost of sales and other direct production costs and depreciation, depletion and amortization (GAAP) can be found in the legal page of this website.
