Hecla Mining Company

Hecla Mining Company (NYSE: HL): Not for Distribution to United States Newswire Services or for Dissemination in the United States Hecla Mining Company (NYSE: HL) (“Hecla”) announced today that a wholly owned subsidiary of Hecla entered into a subscription agreement to acquire ownership of 1,000,000 common shares (“Shares”) of Dolly Varden Silver Corporation (“Dolly Varden&rdquo [...]

Hecla Mining Company (NYSE:HL) today announced second quarter 2017 financial and operating results. HIGHLIGHTS (Comparisons to Second Quarter of 2016) Secured the San Sebastian mill through 2020. Capital expenditures of $24.3 million, a 43% decline. Significant improvements in treatment and refining charges for lead, zinc and bulk concentrates in 2017. Net loss applicable to common stockholders of $24.2 million, or $0.06 [...]

Hecla Mining Company (NYSE:HL) today announced it has reached an agreement that will allow it to lease the Velardeña mill, located near San Sebastian, for an additional 24 months. “San Sebastian has been a major component of Hecla’s success over the past year and a half, and we see this continuing into the future,” said Phillips S. Baker, Jr., President and CEO. “We started production with a [...]

Hecla Mining Company (NYSE:HL) today provided an update on its exploration programs during the second quarter. Second Quarter Exploration Highlights High-grade intersections at the East Francine Vein confirm a robust resource and, in combination with the East Middle Vein resource nearby, may represent a new underground mining area at San Sebastian. Drilling of the West Middle Vein has confirmed potential new reserves [...]

Hecla Mining Company’s (NYSE:HL) Vice President – Investor Relations, Mike Westerlund, will present at the Jefferies Annual Industrials Conference in New York on Tuesday, August 8, 2017, at 2:00 p.m. (ET). A webcast of the presentation will be available at http://wsw.com/webcast/jeff107/hl. A PDF of the presentation will be available on the Company’s website at www.hecla-mining.com. ABOUT HECLA Founded [...]

Hecla Mining Company (NYSE:HL) today announced it expects to release its second quarter 2017 financial results before market open on Thursday, August 3, 2017. A conference call and webcast will be held Thursday, August 3, 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 Mining Company (NYSE:HL) today announced that it has decided not to proceed with its previously announced offer of $500 million of Senior Notes due 2025, as current terms and conditions were not sufficiently attractive for the Company to move forward. In addition, the concurrent tender offer to purchase any and all of its 6.875% Senior Notes due 2021 has also been terminated. Questions may be directed to Global [...]

Hecla Mining Company (NYSE:HL) today announced its intention to offer (the “Offering”), subject to market and other conditions, $500 million of Senior Notes due 2025 (the “Notes”). The Notes will be fully and unconditionally guaranteed by certain of the Company’s subsidiaries. The Company intends to use the net proceeds from the Offering, together with cash on hand, to pay the purchase price [...]

Hecla Mining Company (NYSE:HL) today announced that it has commenced a cash tender offer (the “Tender Offer”) to purchase any and all of its 6.875% Senior Notes due 2021 (the “Notes”). There is $506.5 million aggregate principal amount of Notes outstanding. The Tender Offer is being made on the terms and subject to the conditions set forth in the Offer to Purchase dated June 28, 2017 (the [...]

Hecla Mining Company (NYSE:HL) today announced estimated realized prices, production, revenue, net income (loss) and Adjusted EBITDA for the second quarter of 2017, based on preliminary information available as of June 21, 2017.¹ The following table summarizes estimated results that are expected to be within the following ranges: Second Quarter Ending June 30, 2017 Estimated Realized Price Estimated [...]