Hecla Mining Company · NYSE:HL
Hecla Mining — Investor Day (January 2026)
87 slides from Hecla Mining's investor day presentation, Jan 26, 2026
Slide 1: 2026 Investor Day
2026 INVESTOR DAY JANUARY 26, 2026
Slide 2: Cautionary Statements
Cautionary Statements Cautionary Statement Regarding Forward-Looking Statements, Including 2026 Outlook Nations and Native Americans, remain productive; (xiv) maintaining availability of water rights; (xv) factors do not arise that reduce available cash balances; and (xvi) there being no material in
Slide 3: We Have Announced the Pending Sale of Casa Berardi
We Have Announced the Pending Sale of Casa Berardi On January 25, 2026, we announced we entered into an agreement to sell Hecla Quebec Inc., our subsidiary that owns the Casa Berardi gold mine. Closing of the transaction is subject to conditions. These conditions may not be satisfied and we may not
Slide 4: Hecla at a Glance
Hecla at a Glance Company Overview Ownership Overview 2 Headquarters Coeur d’Alene, Idaho Stock Ticker NYSE: HL Common Shares Outstanding 670.1M1 Market Capitalization $17.1B2 Cash Position $241.5M1 Long-Term Debt $261.9M1 US$225M Revolving Credit Facility (+ US$75M Accordion) -1 Dividend (paid quar
Slide 5: Our Asset Portfolio: Low Risk Jurisdictions
Our Asset Portfolio: Low Risk Jurisdictions 2024 U.S. Silver Production Yukon Connaught, Dawson, Yukon Rackla, Mayo, Yukon Keno Hill, Mayo, Yukon Hecla, 37% Alaska Other, Greens Creek, Admiralty Island, Alaska 63% Idaho Silver Valley / Star, Wallace, Idaho Lucky Friday, Mullan, Idaho 2024 U.S. Silve
Slide 6: Board of Directors, Executive and Management Team
Board of Directors, Executive and Management Team Board of Directors Catherine J. Boggs Rob Krcmarov Charles B. Stanley Stephen F. Ralbovsky Alice Wong Mark P. Board Jill Satre Dean Gehring Chairperson Director Director Director Director Director Director Director Executive and Management Team Rob K
Slide 7: Chairperson's Message
CHAIRPERSON'S CHAIRPERSON'S MESSAGE MESSAGE Catherine J. Boggs, Chairperson of the Board 7
Slide 8: CEO's Strategic Vision
CEO'S STRATEGIC VISION CEO’S STRATEGIC VISION Rob Krcmarov, President and CEO 8
Slide 9: Hecla's Transformation: Unlocking Asset Value
Hecla's Transformation: Unlocking Asset Value One year later: Disciplined leadership, dramatic results Great Assets The Disconnects Tier 1 Jurisdiction Portfolio Cornerstones: Capital Allocation: Greens Creek (Silver & Gold) Needed framework, structure and discipline Lucky Friday (Silver) Th
Slide 10: The Hecla Renaissance
The Hecla Renaissance From intuition to analytics-based decision making A systematically excellent, growth-oriented North American silver platform earning returns matching the quality of our assets Sophisticated Planning Capital Discipline Framework 5-Scenario optimization, value- Target 12% min
Slide 11: 2025 Year in Review
2025 Year in Review Balance sheet transformation. Operational excellence. Cash flow excellence. ROIC leadership. 2025 Guidance Overview 2025 Performance Review Actual vs. December 31, December 31, 2025 Actual Guidance Guidance 2025 2024 Silver Gross Leverage Production 17.0 16.2 – 17.0 0.4x 1.6x Rat
Slide 12: 2025 Year in Review
2025 Year in Review Leading share price performance in silver sector – Nearly double the return of the Global X Silver Miners ETF (SIL: NYSE ARCA) HL: 292% CDE: 212% AG: 204% SIL: 166% PAAS: 160% 12
Slide 13: Strategic Growth Platform
Strategic Growth Platform Targeting greater than depletion replacement Initiatives Underway to Further Secure Peer Leading Reserve Life Currently Double the Industry Average of 7 Years Long History of Reserve Proven & Probable Silver Reserves (Moz) Replacement 300 240Moz of silver Proven & 250 Pro
Slide 14: Why Silver Focus Matters: The Premium Valuation Thesis
Why Silver Focus Matters: The Premium Valuation Thesis Scarcity drives premium Peer Producer Production Growth ≠ Value Creation Hecla Today Hecla Strategy Average What We Avoid: Silver: 20 – 30% of Silver ~50% of revenue Silver always >30% revenue Acquire assets that dilute returns Chase scale in ma
Slide 15: Strategic Transformation
Strategic Transformation Foundation built, growth ahead Foundation (2025-2026) Excellence (2026-2027) Growth (2027-2028+) Establish Investment Systematic Operational Improvement Multi-District Platform Discipline Near real-time production tracking & Positioning 12% ROIC hurdle with monthly predi
Slide 16: A Fundamentally Different Company
A Fundamentally Different Company The platform is delivering now 13% $310M(1) 12% 1.5% Safety Improvement 2025 Free Cash Flow Overall ROIC 2025 Debt / Capitalization The Road Ahead: Continue operational excellence while building analytical capabilities Deploy capital with discipline toward high-
Slide 17: Medium-Term Outlook Potential: 20 Moz Silver Producer
Medium-Term Outlook Potential: 20 Moz Silver Producer Significant silver production growth potential over medium-term 25 Silver Production Growth $13.06 Potential: 20 Moz $11.76 $11.23 17 Moz in 2025 20 15.1-16.5 Moz in 2026 Project pipeline supports 15 potential of 20 Moz over Silver Producti
Slide 18: Hecla: The Premier Silver Company
Hecla: The Premier Silver Company Financially Silver-Focused Disciplined Operators Discovery-Driven Disciplined & Flexible Premier and safe Achieved Guidance on $45-$55M annual Reduced debt by 50%, jurisdictions, e.g. production & costs exploration debt capitalization from Alaska, Idaho and
Slide 19: Financial Review
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Slide 20: 2025 Financial Scorecard: Transformational Performance
2025 Financial Scorecard: Transformational Performance Delivering on operational excellence and financial discipline Balance Sheet Transformation Margin and Return Generation 75% Improvement 94% Improvement 21% Point Increase 82x Increase Free Cash Flow(1) Gross Leverage Ratio(2) Net Leverage Ratio(
Slide 21: Balance Sheet Transformation: Driven by Opportunistic Deleveraging
Balance Sheet Transformation: Driven by Opportunistic Deleveraging Balance sheet strength drives significant financial flexibility YoY Improvement: Adjusted EBITDA: +98% 2025 Year End Gross Debt: -50% 700 1.8 1.6 $669 1.6 Debt/Capitalization 1.5% 600 1.4 500 $551 Net Leverage Ratio(2) 0.1x 1.2 400 1
Slide 22: Financial Position Further Strengthened by Strong Free Cash Flow Generation
Financial Position Further Strengthened by Strong Free Cash Flow Generation $310 Million in free cash flow(1) generation driven by operational execution and strong metal prices Consolidated Free Cash Flow(1) ($ Million) Net (Debt)(2) Position Improved by 94% ($ Million) (34.2) (143.8) (268.1) (545.0
Slide 23: ROIC in Action at Lucky Friday
ROIC in Action at Lucky Friday At Lucky Friday, a decade of innovation delivers significant safety improvements and investment returns Annualized Returns: 2016 vs. 2025(1) Total Reportable Injury Frequency Underhand Closed Bench Rate (TRIFR): 2016 vs. 2025(1) (“UCB”) mining method has delivered annu
Slide 24: 2026 Guidance: Strong Margins Maintained
2026 Guidance: Strong Margins Maintained Silver Production (Moz) Gold Production (Koz) Greens Creek 7.5 – 8.1 51.0 – 55.0 2026 Production Lucky Friday 4.7 – 5.2 N/A Outlook Keno Hill 2.9 – 3.2 N/A 2025 Total 15.1 – 16.5 51.0 – 55.0 Casa Berardi (Q1 2026)* N/A 14.0 – 17.0 Cash cost, after by-product
Slide 25: Capital Allocation: Disciplined Strategy Driving Value Creation
Capital Allocation: Disciplined Strategy Driving Value Creation Safety & Balance Sheet Sustaining & Strategic Shareholder Environmental Exploration Strength/ Growth Capital Investments Returns Excellence Deleveraging Conceptual Asymmetric Potentially - 10 - 15% 5-7% - Returns Potential Significant
Slide 26: Silver Market Overview
SILVER MARKET OVERVIEW 26
Slide 27: Silver Supply And Demand: Market Remains in Deficit
Silver Supply And Demand: Market Remains in Deficit ~790 Moz of cumulative deficit since 2021 2025F Silver demand: 1,148 Moz 2025F Silver supply: 1,031 Moz Other 3% Jewelry and Silverware Recycling Mine Prod. - 23% 19% Primary Silver 23% Industrial and Investment Consumer Products 16% 58% Mine Prod.
Slide 28: ~790Moz in Cumulative Deficit Since 2021
~790Moz in Cumulative Deficit Since 2021 Deficit build attributable to a structurally limited supply and increased investment & industrial demand Supply Demand Imbalance Driven By 5-Year Market Deficit, Moz Silver supply growth remains structurally limited Mine production is constrained, as 2/3r
Slide 29: Silver Demand Drivers: Current Market Remains Historically High & Diversified
Silver Demand Drivers: Current Market Remains Historically High & Diversified Expect industrial demand to provide a solid base and remain strong Drivers of Industrial Demand Longer-Term Industrial Demand Indicators Photovoltaics (PV) remain a dominant long-term demand Index 2021=100 pillar PV inst
Slide 30: Hecla is The Premier Silver Company
Hecla is The Premier Silver Company Hecla provides: Best jurisdictions, longest reserves, silver focus, and lowest costs Drivers of Industrial Demand Consensus P/NAV Over Time – Hecla vs. Peers* Primary silver companies trade at a premium to gold producers, attributable to the scarcity of silver.
Slide 31: Producing Assets & Key Projects Overview
PRODUCING ASSETS & KEY PROJECTS OVERVIEW 31
Slide 32: Safety – The Foundation to Success
Safety – The Foundation to Success Operational excellence starts here Hecla: 10 Year Total Reportable Injury Frequency History Operational Achievements & Goals 5.0 2024: Re-commitment to Safety 4.5 Values – Safety Day and roll-out of Safety 365: Work Safe. Home Safe. 4.0 2025 TRIFR 1.69 3.5 2025
Slide 33: Technology & Digital Infrastructure
Technology & Digital Infrastructure Building for the future: We know the path, we have the model ERP Implementation – One Platform across Hecla One Platform Real-time Equipment Monitoring AI Driven Analytics Financial Robust IT backbone Actionable insights Procurement Visible data Predic
Slide 34: 2026 Capital: Disciplined Investments To Build Value
2026 Capital: Disciplined Investments To Build Value Highlights of Critical Investments in Our Operations 2026 Capital Guidance: $204-$223 Million Capital allocation priority to invest in sustaining and growth capital at our current operations Investments affirm 12-15% ROIC Other 29% of expect
Slide 35: Greens Creek
Greens Creek Admiralty Island, Alaska Metals Location Reserve Mine Plan 2024 Economic Impact Ag, Au, Pb, Zn, Cu Alaska 12 Years $266M 35
Slide 36: Greens Creek - Innovation Over Time
Greens Creek - Innovation Over Time Mill Throughput Focused on Quality over Quantity Silver/Gold Mill Recoveries, 2008 – 2025 Tons per Day 9% increase in silver % Recent shift of focus on recoveries, and 15% increase quality of tons vs quantity in gold recoveries since 2008. 2,506 2,452 2,415 2,388
Slide 37: Increased Recoveries Have Driven Significant ROIC
Increased Recoveries Have Driven Significant ROIC Average Mill Recoveries %, 2007 - 2025 Silver Gold +9% Increase in silver recoveries from 2008 - 2025 CO2 for pH control, Scalping 80% 77% ~$1.5M 74% 72% Investment in CO2 project for pH control, 72% Scalping for recovery improvements 65% 66% ~18Moz
Slide 38: Continuous Improvement: Margin Expansion Through Operational Excellence
Continuous Improvement: Margin Expansion Through Operational Excellence Systematic technology deployment and infrastructure investments drive productivity gains Continuous Improvement Initiatives at Greens Creek 200 South ore zone longhole plan Building additional longhole capacity to drive cost p
Slide 39: Consistency & Innovation → Free Cash Flow Engine
Consistency & Innovation → Free Cash Flow Engine Cumulative Cash Flow from Operations, Free Cash Flow(1) Free Cash Flow Cash Flow from Operations 3,535 192% 3,225 3,026 2,857 2,716 2,506 2,328 2,193 2,068 1,931 Return on investment from 2008 – 2025 based 1,799 1,702 1,598 on 2008 acquisition price o
Slide 40: Potential Value Extraction From Tails
Potential Value Extraction From Tails Tailings as of December 2025: 10.4 million DST of tailings consisting of 50 Moz of Silver (5 oz/ton) 567 Koz of Gold Metals in tailings 309 Mlbs of Zinc represent ~$6.8B in 203 Mlbs of Lead gross value 27 Mlbs of Copper 1.3 Mlbs of Nickel Include
Slide 41: Stable and Predictable
Stable and Predictable Greens Creek, Alaska 41
Slide 42: Lucky Friday
Lucky Friday Mullan, Idaho Metals Location Reserve Mine Plan 2024 Economic Impact Ag, Pb, Zn Idaho 17 Years $171M 42
Slide 43: Engine Driving Strong Performance: Underhand Closed Bench (UCB) Method
Engine Driving Strong Performance: Underhand Closed Bench (UCB) Method Large-scale blasting proactively helps manage seismic risk and increases throughput More innovative: uses Safer: miners work advanced drilling and blasting below engineered techniques to fragment the backfill and above a minerali
Slide 44: Lucky Friday Major Projects & Business Improvement Initiatives
Lucky Friday Major Projects & Business Improvement Initiatives Pond 5 tailings project Silver Shaft new skips Cooling Towers Heat exchanger monorails 44
Slide 45: Lucky Friday Production by Decade – Best to Come
Lucky Friday Production by Decade – Best to Come Silver Production by Decade (Moz) 50 47* 45 44* 40 35 29 29 30 27 26 25 23 Millions 20 19 15 10 5 - 1961-1969 1970's 1980's 1990's 2000's 2010's 2020's 2030's * Projected silver production 45
Slide 46: Best Years Ahead
Best Years Ahead Lucky Friday, Idaho 46
Slide 47: Keno Hill
Keno Hill Yukon Territory, Canada Metals Location Reserve Mine Plan 2024 Economic Impact Ag, Pb, Zn Yukon 16 Years $179M
Slide 48: Path to Profitability at 440 Tons per Day
Path to Profitability at 440 Tons per Day Key Consistent 440 tons per day Requirements 2025 Mill Throughput Reliable power supply Silver production of 3.0 Moz at 297 tons per day Water treatment plant (designs and upgrades) Dry stack tailing facility capacity Mobile maintenance facilities In
Slide 49: Keno Hill Potential Robust Cash Flow at Capacity
Keno Hill Potential Robust Cash Flow at Capacity Significant Annual Free Cash Flow(1) Generation at 440 Tons per Day Keno Hill Average Annual Cashflows at 440 TPD(2) Price Sensitivity $400 Silver price $/oz 2024-2039 $30 $50 $75 $100 $300 IRR Life of Mine ( 16 years) 12% 47% 83% 112% US$ Millions $2
Slide 50: Core Asset in the Making
Core Asset in the Making Keno Hill, Yukon Territory 50 50
Slide 51: Midas Project
Metals Location Reserve Mine Plan Au, Ag Nevada TBD Midas Project Midas, Nevada
Slide 52: Midas: Near-Term Production Growth & Optionality
Midas: Near-Term Production Growth & Optionality Leveraging existing infrastructure for capital-efficient growth Strategic Value Creation Midas Mill Complex 2025 successful exploration program has identified high- grade gold intercepts Infrastructure and permitting advantage Permitted ±1,200 t
Slide 53: Organic Growth Leveraging Existing Assets
Organic Growth Leveraging Existing Assets Midas Operations, Nevada 53
Slide 54: Exploration
EXPLORATION 54
Slide 55: Strategic Value Creation through Exploration
Strategic Value Creation through Exploration 2026 $55 Million investment an all-time record – represents 4.5% of projected revenue Near Mine: $24 Million Nevada Growth: $16 Million Early-Stage/Generative: $10 Million Extends mine life Midas, Aurora, and Hollister Silver Valley and Generative e
Slide 56: Greens Creek – Continuous Growth Over 50 Years
Greens Creek – Continuous Growth Over 50 Years Well-positioned to continue making impactful discoveries Proven and Probable Measured and Indicated Inferred Silver Resources 2025 Production Proven and Probable Measured and Indicated Inferred SEO Resources 2026 Exploration Budget Silver Reserves Silve
Slide 57: Greens Creek – Extending Mineralization Underground While Advancing Surface Exploration
Greens Creek – Extending Mineralization Underground While Advancing Surface Exploration UG Exploration Results Underground Surface Gallagher mineralization extended 550’ feet down Hawk Areas Target Inlet Prospective Rocks Cover Rocks Young Bay plunge from existing resource Hecla Claims Dock Cover
Slide 58: Keno Hill Bermingham Vein System – Continuous Growth Over 16 Years
Keno Hill Bermingham Vein System – Continuous Growth Over 16 Years Well-positioned to continue making impactful discoveries Proven and Probable Measured and Indicated Inferred Silver Resources 2025 Production Proven and Probable Measured and Indicated Inferred SEO Resources* 2026 Exploration Budget
Slide 59: Keno Hill Bermingham Discovery – High-Grade Intercepts Indicate New Ore Shoot
Keno Hill Bermingham Discovery – High-Grade Intercepts Indicate New Ore Shoot: Continuing the Trend of Growth in 2025 Cluster of high-grade intercepts 500’ down-plunge from reserve. District Exploration: Initial interpretation suggests shallow-plunging geometry Significant exploration potent
Slide 60: Lucky Friday – Multiple Discoveries Over Two Centuries
Lucky Friday – Multiple Discoveries Over Two Centuries Significant exploration opportunity remains Proven and Probable Measured and Indicated Inferred Silver Resources 2025 Production Proven and Probable Measured and Indicated Inferred SEO Resources 2026 Exploration Budget Silver Reserves Silver Res
Slide 61: Nevada – Midas History Shows Multiple Discoveries Over Two Centuries
Nevada – Midas History Shows Multiple Discoveries Over Two Centuries Significant opportunity remains Proven and Probable Measured and Indicated Inferred Silver Resources 2025 Production Proven and Probable Measured and Indicated Inferred SEO Resources* 2026 Exploration Budget Silver Reserves Silver
Slide 62: Nevada Midas: Breakthrough Discoveries with Visible Gold and High-Grade Results
Nevada Midas: Breakthrough Discoveries with Visible Gold and High-Grade Results Two new very strong early results from Pogo and Sinter target areas Pogo & Sinter Offset Targets: High-grade Midas Milling Potential Midas District Targets gold intersections at both targets in 2025 with follow-up 75 M
Slide 63: Nevada Midas – Continued High-Grade Results at Sinter Offset
Nevada Midas – Continued High-Grade Results at Sinter Offset Step-out along strike 720 feet intersects 0.46 oz/ton gold over 6.1 feet Sinter Offset Drilling A SINTER VEIN LONGITUDINAL SECTION A` DMC-462 - Initial drillhole intercepted a 1- (Looking NE) foot vein within a broader (21 feet) zone of
Slide 64: Nevada Aurora - Final Exploration Permit Record of Decision Received
Nevada Aurora - Final Exploration Permit Record of Decision Received First step in unlocking the exploration potential of one of the highest-grade districts in Nevada Second Step: Significant drilling of our high-priority Aurora Location Aurora District Targets targets in 2026 Historic production
Slide 65: Hecla Exploration – The Key Takeaways
Hecla Exploration – The 3 Key Takeaways Demonstrates why Hecla is positioned for sustainable, organic growth through strategic exploration investment Exploration key take aways 1. Strategic shift from underinvestment to peer-competitive exploration spending 2. Exceptional existing assets with proven
Slide 66: Sustainability
SUSTAINABILITY 66
Slide 67: Commitment to Sustainability
Commitment to Sustainability “Respect the lands we work on, build lasting relationships with communities, and provide enduring benefits for current and future generations” 67
Slide 68: Low Environmental Impact and High Social Benefit
Low Environmental Impact and High Social Benefit 2024 Figures Each of our mines runs largely on renewable hydropower Dry stack tailings at Greens Creek and Keno Hill Progressing towards zero water discharge goal at Lucky Friday Total economic impact of more than $1B in 2024 $5.4 million in
Slide 69: Operating in Partnership with First Nation of Na-cho Nyäk Dun
Operating in Partnership with First Nation of Na-cho Nyäk Dun Keno Hill Mine 69
Slide 70: Reclaiming Land, Restoring the Trust
Reclaiming Land, Restoring the Trust San Sebastian 2020 San Sebastian 2025 ERDC Valley Tails ERDC Valley Tails Excellence in Environmental Stewardship Excavation Water Treatment Plant November 2025 70
Slide 71: Government Relations
GOVERNMENT RELATIONS 71
Slide 72: Critical Mineral Focus Accelerates Hecla's Strategy
Critical Mineral Focus Accelerates Hecla’s Strategy U.S. critical minerals focus aligns with Hecla’s portfolio Silver, lead, and copper newly recognized on official U.S. critical minerals list; zinc listed previously. Gold is recognized as a critical mineral in executive orders. Critical mineral
Slide 73: U.S. Regulatory Reforms Accelerate Unlocking Value
U.S. Regulatory Reforms Accelerate Unlocking Value Executive Actions FAST-41 Process Congressional Reforms Trump Administration prioritizes Mining is a “covered sector” under Broad bi-partisan support for durable mineral development through FAST-41 permitting reforms executive orders. Implem
Slide 74: Actively Leveraging Favorable Policy for Hecla Success
Actively Leveraging Favorable Policy for Hecla Success Direct engagement with White House and Agency leadership “Alaska’s Greens Creek mine plays a key role in securing our domestic mineral supply • FAST-41 chains and ending reliance on foreign • Silver as a Critical Mineral resources. Last year, I
Slide 75: Corporate Development
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Slide 76: Non-Negotiable M&A Criteria
Non-Negotiable M&A Criteria Disciplined approach to external growth opportunities 1. Jurisdiction 2. Precious Metals Focus U.S. and Canada strongly preferred Primary focus is silver assets Other jurisdictions must rank in top third of Fraser Exceptional gold assets considered if they are Ins
Slide 77: Concluding Remarks
see any of us get hurt PEOPLE: No one wants to PEOPLE: THE MOST IMPORTANT VALUE THAT DRIVES SAFETY AT LUCKY FRIDAY We look out for our teammates + Communication = Honesty & Respect + Ask for help / Offer help y et = CONCLUDING REMARKS
Slide 78: Wrap Up
Wrap Up From constrained options to world-class platform A Year Ago Today A company with tremendous assets but constrained financially A company with world-class assets and a remodeled platform built to maximize value Delivering Results Now: 13% improvement in safety driving premium operational pe
Slide 79: Why Hecla?
Why Hecla? The Premier Silver Company Financially Disciplined & Silver-Focused Disciplined Operators Discovery-Driven Flexible Premier and safe Achieved Guidance on $45-$55M annual Reduced debt by 50%, jurisdictions e.g. Alaska, production & costs exploration debt capitalization from Idaho a
Slide 80: Hecla – The Premier Silver Company Q&A
HECLA – THE PREMIER SILVER COMPANY Q&A 80
Slide 81: Appendix
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Slide 82: End Notes
End Notes 1. Free cash flow is a non-GAAP measure and is calculated as cash flow from operations less additions to property, plant and equipment net of finance leases. Reconciliation to GAAP is shown in the appendix. 2. Net debt to adjusted EBITDA is a non-GAAP measurement, a reconciliation of adjus
Slide 83: Free Cash Flow (Non-GAAP) Reconciliation
Free Cash Flow (Non-GAAP) Reconciliation Reconciliation of cash provided by operating activities (GAAP) to Free Cash Flow (non-GAAP) 2025 2024 Q1-2025 Q2-2025 Q3-2025 Q4-2025 Dollars in millions (USD) Cash provided by operating activities 562.4 218.3 35.7 161.8 148.0 216.9 Less: Capital additions (2
Slide 84: Adjusted EBITDA
Adjusted EBITDA Reconciliation of Net Income (GAAP) to Adjusted EBITDA (non-GAAP) Last Twelve Months 2025 2024 Dollars in thousands (USD) Net income $ 350,667 $ 35,802 Interest expense 41,581 49,834 Income and mining tax expense 109,317 30,414 Depreciation, depletion and amortization 168,069 190,471
Slide 85: Cash Cost And AISC Reconciliation to GAAP
Cash Cost And AISC Reconciliation to GAAP Reconciliation of cash costs and all-in sustaining costs (“AISC”) to total cost of sales (GAAP) Total Cost of Sales (GAAP) to Cash Cost, Before By-product Credits and Cash Cost, After By-product Credits (non-GAAP) and All-In Sustaining Costs, Before By-produ
Slide 86: Cash Cost And AISC Reconciliation To GAAP
Cash Cost And AISC Reconciliation To GAAP Estimate for Twelve Months Ended December 31, 2026 – Silver Total Cost of Sales (GAAP) to Cash Cost, Before By-product Credits and Cash Cost, After By-product Credits (non-GAAP) and All-In Sustaining Costs, Before By-product Credits, per Ounce and All-In Sus
Slide 87: Cash Cost And AISC Reconciliation To GAAP
Cash Cost And AISC Reconciliation To GAAP Estimate for Three Months Ended March 31, 2026 – Gold Total Cost of Sales (GAAP) to Cash Cost, Before By-product Credits and Cash Cost, After By-product Credits (non-GAAP) and All-In Sustaining Costs, Before By-product Credits, per Ounce and All-In Sustainin