Hecla Mining Company today reported the highest silver, lead, and zinc reserves in its 129-year history and provided an update on its exploration programs during the fourth quarter of 2019. Highlights Company-wide reserves increased 11% for silver ounces including 22% more silver ounces at Greens Creek, reflecting a commitment to exploration and improved data use. High-grade intersections drilled at Greens Creek and Casa [...]
Hecla Mining Company today announced it expects to release its fourth quarter and year-end 2019 financial results before market open on Thursday, February 6, 2020. A conference call and webcast will be held Thursday, February 6, at 10:00 a.m. Eastern Time to discuss these results. You may join the conference call by dialing toll-free 1-855-760-8158 or for international by dialing 1-720-634-2922. The participant passcode [...]
The United Steelworkers today said that the members of Local 5114 in Mullan, Idaho, have ratified an agreement to resolve their strike at Hecla Mining Company's Lucky Friday mine. In secret ballot election, about 200 USW members who began a strike against the company's unfair labor practices on March 13, 2017, ratified the three-year agreement, reached last month between the union and Hecla management. USW District 12 [...]
Hecla Mining Company today announced preliminary silver and gold production results1 for the fourth quarter and full year 2019 as well as a significant reduction of net debt and an increase in cash position. The Lucky Friday Union workers have ratified the collective bargaining agreement, reversing the result of the vote held in early December, and many of the workers are expected to return to work. 2019 HIGHLIGHTS Silver [...]
Hecla Mining Company today announced that the union workers have voted not to ratify the Tentative Agreement reached by the USW and Hecla negotiating committees. The Company is committed to bringing the mine back to full production and is increasing the hiring of employees and contractors. “For much of 2019 we have employed a number of hourly workers who, combined with our salaried workforce, have operated the Lucky [...]
The United Steelworkers today said that the members of Local 5114 in Mullan, Idaho, have rejected a proposed agreement that would have resolved a strike at Hecla Mining Company's Lucky Friday mine. In a secret ballot election, the USW members who began their strike against the company's unfair labor practices on March 13, 2017, voted to continue the labor dispute rather than return to work under the proposed terms of a [...]
Hecla Mining Company announces results from exploration and definition drilling programs at Casa Berardi’s East Mine. “Exploration and development drilling in the 148 Zone generated significant widths and grades two to three times higher than the average underground grade at Casa Berardi,” said Mr. Phillips S. Baker, Jr., President and CEO. “Given this is in the area of higher grades where the mine [...]
Hecla Mining Company today announced it expects to release its third quarter 2019 financial results before market open on Thursday, November 7, 2019. A conference call and webcast will be held Thursday, November 7, at 10:00 a.m. Eastern Time to discuss these results. You may join the conference call by dialing toll-free 1?855-760-8158 or for international by dialing 1-720-634-2922. The participant passcode is HECLA [...]
Hecla Mining Company today announced certain preliminary results1 for the third quarter of 2019. HIGHLIGHTS Silver production of 3.3 million ounces, and gold production of 77,331 ounces. Silver equivalent production of 12.6 million ounces or gold equivalent production of 145,536 ounces.2 Lead production of 6,226 tons; zinc production of 15,589 tons. Cash and cash equivalents of approximately $33 million, a $24 million [...]
Hecla Mining Company today announced second quarter 2019 financial and operating results. HIGHLIGHTS Silver production of 3.0 million ounces and gold production of 60,768 ounces. Increasing annual silver production estimate Company-wide to 11.7 million ounces due to higher grades at Greens Creek. Total annual gold production estimate Company-wide unchanged at 274,000 ounces. Sales of $134.2 million. Adjusted net loss [...]