Hecla Mining outlines medium-term silver production potential above 20 million ounces
HL•Hecla Mining outlined potential medium-term silver production above 20 million ounces. Its 2026 guidance is 15.3 million to 16.1 million ounces, with growth depending on Keno Hill’s ramp-up and a Midas restart.
1. Production outlook
At the RBC Precious Metals Conference, Hecla Mining outlined medium-term silver production potential above 20 million ounces. The company’s 2026 production guidance is 15.3 million to 16.1 million ounces, with medium-term growth depending on Keno Hill’s ramp-up and a Midas restart.
2. Mine and circuit plans
Keno Hill throughput is expected to fall to about 300 tons daily in the fourth quarter of 2026, with further reductions from January 2027 pending permits and infrastructure. A proposed pyrite concentrate circuit at Greens Creek could add 1 million to 1.2 million ounces of silver annually once fully ramped up; intermittent production is targeted for late 2027 and full capacity for late 2028, subject to investment approval.
