Hecla Mining Company

Hecla Mining Company today announced its preliminary silver and gold production for the fourth quarter and full year 2020 and year-end cash position.1 HIGHLIGHTS Silver production of 13.5 million ounces, an increase of 7%, second highest production only to 2016. Gold production of 208,962 ounces, expected lower gold production from the Nevada operation decreased production 23% from 2019, which was Hecla’s highest gold [...]

Hecla Mining Company is pleased to announce its subsidiary Hecla Quebec, operator of the Casa Berardi Mine, has finalized a Cooperation Agreement with the Council of the Abitibiwinni First Nation. Hecla’s 100% owned Casa Berardi Mine is a gold mine located in western Quebec employing over 650 workers. The Cooperation Agreement provides participation in the Casa Berardi Mine through training programs, employment and [...]

Hecla Mining Company announced today that a wholly owned subsidiary of Hecla has today acquired an aggregate of 807,846 Shares of Dolly Varden Silver Corp.. The subscription was completed pursuant to the Ancillary Rights Agreement which Hecla has with Dolly Varden, allowing it to maintain its pro rata shareholding in Dolly Varden. These rights were triggered when Dolly Varden agreed to a private placement with third [...]

Hecla Mining Company today announced third quarter 2020 financial and operating results. THIRD QUARTER HIGHLIGHTS: Sales of $199.7 million, 24% more than the prior year quarter. Silver production of 3.5 million ounces and gold production of 41,174 ounces. Lucky Friday ramp-up ahead of schedule. Generated $73.4 million of cash provided by operating activities and $49.7 million of free cash flow. Reported $98.7 million of [...]

Hecla Mining Company today announced it will issue a news release reporting its third quarter 2020 financial results before market open on Monday, November 9, 2020. conference call and webcast will be held Monday, November 9, at 10:00 a.m. Eastern Time to discuss third quarter 2020 financial results. You may join the conference call by dialing toll-free 1-833-350-1380 or for international by dialing 1-647-689-6934. The [...]

Hecla Mining Company today announced production results and its cash position at the end of the third quarter. HIGHLIGHTS Silver production of 3.5 million ounces and gold production of 41,174 ounces. Equivalent production for silver of 9.0 million ounces or gold of 114,998 ounces.1 Lead production of 9,750 tons; zinc production of 17,997 tons. Cash and cash equivalents of approximately $97 million at September 30, 2020 [...]

Hecla Mining Company today announced preliminary production results, anticipated cash position at the end of the third quarter, repayment of the revolving credit facility and increased production estimates for the year.¹ HIGHLIGHTS Estimated silver production between 3.2 million and 3.4 million ounces Estimated gold production between 41,000 and 43,000 ounces. Revolving credit facility repaid in full during the quarter [...]

Hecla Mining Company is pleased to announce that its Board of Directors has increased the quarterly dividend 50% and lowered the realized price threshold for the silver-linked dividend. Since 2012, Hecla’s minimum quarterly dividend has been an annualized one cent per share in addition to a silver-linked dividend. Today, Hecla is announcing that the Board is increasing the expected minimum quarterly dividend 50% to an [...]

Hecla Mining announced today that a wholly owned subsidiary of Hecla has today acquired an aggregate of 1,881,896 Units of Dolly Varden Silver, consisting of 1,881,896 Shares and 940,948 warrants, exercisable at C$1.10 per warrant. The subscription was completed pursuant to the Ancillary Rights Agreement which Hecla has with Dolly Varden, allowing it to maintain its pro rata shareholding in Dolly Varden. These rights were [...]

Hecla Mining Company today announced second quarter 2020 financial and operating results. HIGHLIGHTS All mines in operation . Sales of $166.4 million, an increase of 24% over prior year period. Gross profit of $34.1 million, an increase of $54.3 million over prior year period. Cash provided by operating activities was $37.5 million while there were $10.8 million additions to properties, plant, equipment and mineral [...]