Hecla Mining Company today provided an update on its exploration programs during the second quarter. Exploration Highlights Casa Berardi: Drilling is expanding potential size of the East Mine Crown Pillar pit and the proposed 160, Principal and West Mine Crown Pillar open pits. Underground drilling of the 118 and 123 zones continues to discover high-grade mineralization along trends. Surface drilling has defined [...]
Hecla Mining Company today announced it expects to release its second quarter 2018 financial results before market open on Thursday, August 9, 2018. A conference call and webcast will be held Thursday, August 9, 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 and Klondex Mines today announced that Hecla’s acquisition of Klondex is complete “With this acquisition, Hecla now has three high-grade mines in Nevada, one of the best mining districts in the world,” said Phillips S. Baker, Jr., President and CEO. “These assets immediately add production and cash flow, and because they are a good fit with Hecla’s expertise, we believe [...]
COEUR D'ALENE, Idaho, July 18, 2018 /PRNewswire/ -- The United Steelworkers today said that on Friday, July 20, 2018, the union will sponsor a rally at Hecla Mining Company's headquarters to support the members of Local 5114 on strike against unfair labor practices at the company's Lucky Friday Mine in Mullan, Idaho. The union expects hundreds of USW members and retirees, their families, as well as activists and [...]
Hecla Mining Company today announced certain preliminary results1 for the second quarter of 2018. HIGHLIGHTS Silver production of 2.6 million ounces, and gold production of 60,313 ounces. Silver equivalent production of 10.5 million ounces or gold equivalent production of 133,158 ounces.2 Lead production of 5,522 tons; zinc production of 14,299 tons. Cash, cash equivalents and short-term investments of approximately $245 [...]
Hecla Mining Company today announced that Mr. Larry Radford has been appointed Chief Operating Officer of the Company effective immediately, a promotion from his previous role of Senior Vice President – Operations, overseeing Hecla’s operations, development projects, pre-development initiatives. “Throughout his career Larry has demonstrated a strong ability to optimize operations, and you can see this in [...]
Hecla Mining Company today announced first quarter financial and operating results. HIGHLIGHTS Net income applicable to common stockholders of $8.1 million, or $0.02 per basic share. Adjusted net income applicable to common stockholders of $9.1 million, or $0.02 per basic share.1 Sales of $139.7 million. Cash provided by operating activities of $16.4 million. Adjusted EBITDA of $58.4 million and net debt/adjusted EBITDA [...]
Hecla Mining Company today provided an update on its exploration programs during the first quarter. Exploration Highlights Casa Berardi has expanded the resources that could increase the potential size of the current East Mine Crown Pillar pit and the proposed 106, Principal and West Mine Surface Pillar open pits. Underground drilling of the 118, 121 and 123 zones at Casa Berardi continues to discover high-grade [...]
Hecla Mining Company today announced it expects to release its first quarter 2018 financial results before market open on Thursday, May 10, 2018. A conference call and webcast will be held Thursday, May 10, at 11:00 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’s [...]
Hecla Mining Company today announced it has reached agreement with the Regional Director of the National Labor Relations Board to settle the unfair labor practice charge filed by the United Steelworkers in March 2017. This settlement resolves the charge, without any admission of fault, penalties, or payment of back wages. This action does not resolve the key differences in the on-going labor dispute, nor put the two sides [...]
Hecla Mining Company today announced preliminary silver and gold production results¹ for the first quarter of 2018. HIGHLIGHTS Silver production of 2.5 million ounces, and gold production of 57,808 ounces. Silver equivalent production of 10.7 million ounces and gold equivalent production of 134,903 ounces.2 Lead production of 5,627 tons; zinc production of 15,211 tons. Throughput at Casa Berardi continues at a record [...]
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC are investigating the proposed sale of Klondex Mines to Hecla Mining Company. Under the terms of the proposed transaction, shareholders of Klondex may elect to receive $2.47 in cash OR 0.6272 of a Hecla share for each share of Klondex that they own. If all Klondex shareholders elect either the cash alternative or the [...]
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