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Hecla Reports First Quarter 2021 Results

Hecla Reports First Quarter 2021 Results
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Hindustan Zinc Announce Q4 and FY21 Result, Profit Jumps 85 Percent to Rs. 2,481 Crore


Hindustan Zinc Announce Q4 and FY21 Result, Profit Jumps 85 Percent to Rs. 2,481 Crore
Highest-ever Refined metal production: 256 kt
Saleable silver production: 203 MT
Best-ever quarterly EBITDA, up 98% YoY
Zinc COP: $945 per MT
 
Refined metal production: 930 kt
Highest Saleable silver production: 706 MT
Lowest-ever[1] Zinc COP: $954 per MT
[1] Lowest ever Zinc CoP in dollar terms since transition to underground mining operations
 
Hindustan Zinc Limited, the leading global integrated producer of zinc, lead and silver, reported its results for the fourth quarter and full year ended March 31, 2021.
Commenting on the Q4 and FY performance,
Mr Arun Misra, CEO,

We are conscious of the fact that our country is going through COVID Pandemic the scale of which has not been seen before. We are doing whatever we can including supplying liquid oxygen from our smelters to hospitals in and around Udaipur. ....

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Russia increases gold mining volumes


The volume of gold production in Russia increased by 1.8% to 291.2 tons at the end of 2020, representatives of the Ministry of Finance said. At the same time, the total volume of gold production decreased by 1%, to 340.2 tons.
The overall decline in production is attributable to a drop in the volumes of by-product and secondary gold. Thus, the output of by-product gold decreased by 8.7%, to 17.4 tons, whereas the production of secondary gold dropped by 17.9%, to 31.6 tons.
In 2019, the volume of gold production amounted to 286.1 tons, by-product gold - 19 tons, secondary gold - 38.5 tons.
The volume of silver mining last year decreased by 10.2%, to 438.4 tons, by-product silver - by 5.8%, to 319.1 tons. ....

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