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Hecla aims to remove debt revolver

Hecla Mining is planning to retire its US$250 million revolving credit facility at the end of the year as it looks to refinance its debt in 2021, president and CEO Phil Baker told delegates at the Denver Gold Forum in Denver, Colorado.

Hecla aims to remove debt revolver Hecla aims to remove debt revolver Hecla aims to remove debt revolver Hecla aims to remove debt revolver Hecla aims to remove debt revolver

Greens Creek, Alaska, USA

"We are in an environment where the cost of debt is more attractive than it appeared five months ago. My expectation is that we will see a significantly better cost of debt with the refinancing.