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Hecla pares Nevada budget

Coeur D’Alene, Idaho-based precious metals producer Hecla Mining is cutting back spending and laying off personnel at its Nevada operations in order to improve cash flow.

Hecla pares Nevada budget Hecla pares Nevada budget Hecla pares Nevada budget Hecla pares Nevada budget Hecla pares Nevada budget

Hecla Mining’s new plan is to mine the currently developed ore at Fire Creek, Nevada

The reduced spending would translate to lower gold output this year, the company said Thursday, but a return to cash-flow positive operations by the second half of the year should make up for the