Hecla Mining today announced its Board of Directors has elected to declare the regular quarterly dividend of $0.875 per share on the outstanding Series B Cumulative Convertible Preferred Stock, on a total of 157,816 shares outstanding. This represents a total amount to be paid of approximately $138,000. The cash dividend is payable October 1, 2015, to shareholders of record on September 15, 2015. About Hecla [...]
Hecla Mining Company (NYSE:HL) today announced a second quarter net loss applicable to common shareholders of $26.8 million, or $0.07 per share, and a loss after adjustments applicable to common shareholders of $17.6 million, or $0.05 per share.1 SECOND QUARTER HIGHLIGHTS AND SIGNIFICANT ITEMS Sales of $104.2 million. Adjusted EBITDA of $29.5 million.2 Operating cash flow of $30.8 million. Total silver production of 2.5 [...]
Hecla Mining Company’s (NYSE:HL) President and CEO, Phillips S. Baker, Jr., will present at the Jefferies Industrials Conference in New York on Wednesday, August 12, 2015, at 2:40 p.m. ET. A webcast of the presentation will be available at http://wsw.com/webcast/jeff90/hl. A webcast link and PDF of the presentation will also be available on the Company’s website at www.hecla-mining.com. The presentation will [...]
Hecla Mining Company (NYSE:HL) today announced it expects to release its second quarter 2015 financial results before market open on Thursday, August 6, 2015. A conference call and webcast will be held Thursday, August 6, 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 Mining Company (NYSE:HL) today announced preliminary production results¹ for the second quarter 2015 and updated annual production estimations. HIGHLIGHTS (quarterly comparisons to Q2 2014) Estimated company-wide silver production for 2015 increased to 10.5-11.0 million ounces from 10.5 million ounces. Silver production of 2.48 million ounces, a 2% decrease. Gold production of 44,692 ounces, a 3% increase [...]
Hecla Mining Company (NYSE:HL) announced today that its acquisition of Revett Mining Company Inc. (Revett) is now complete. The acquisition brings to Hecla the Rock Creek Project, considered to be one of the largest undeveloped silver and copper deposits in North America. Hecla intends to continue to advance its permitting. €œWe welcome the Revett shareholders to Hecla and share their vision of seeing Rock [...]
Hecla Mining Company ™s (NYSE:HL) President and CEO, Phillips S. Baker, Jr., will participate in a panel discussion at the Bank of America Merrill Lynch Global Mining and Metals Conference in Barcelona, Spain, on Wednesday, May 13, 2015. A PDF of the presentation will be available on the Company ™s website at www.hecla-mining.com. Jim Sabala, Sr. Vice President “ CFO, will present at the Morgan Stanley Leveraged Finance [...]
Hecla Mining Company (NYSE:HL) (Hecla or the Company) today announced first quarter net income applicable to common stockholders of $12.4 million, or $0.03 per basic share, and adjusted net loss applicable to common stockholders of $7.0 million, or $0.02 per basic share.1 FIRST QUARTER 2015 HIGHLIGHTS AND SIGNIFICANT ITEMS Sales of $119.1 million. Operating cash flow of $21.4 million. Adjusted EBITDA of $35.0 million [...]
Hecla Mining Company (NYSE:HL) today announced it expects to release its first quarter 2015 financial results before market open on Thursday, May 7, 2015. A conference call and webcast will be held Thursday, May 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 [...]
Hecla Mining today announced preliminary production results¹ for the first quarter 2015. Silver production of 2.9 million ounces, a 16% increase. Gold production of 40,651 ounces, a 12% decrease. Silver equivalent production of 8.7 million ounces, a 1% decrease. Lead production increased 3% and zinc production decreased 6%.
Hecla Mining Company’s (NYSE:HL) President and CEO, Phillips S. Baker, Jr., will present at the European Gold Forum in Zurich, Switzerland, on Wednesday, April 15, 2015 at 9:30 a.m. (CET). A webcast of the presentation will be available at d44.us/?e10play64. A webcast link to the presentation and a PDF of the slide presentation will be available on the Company’s website at www.hecla-mining.com. Mr. Baker [...]
Revett Mining Company and Hecla Mining Company today announced that they have entered into a merger agreement pursuant to which Hecla will acquire Revett. In the proposed merger, each outstanding common share of Revett will be exchanged for 0.1622 of a common share of Hecla. Based on Hecla's closing price of $3.23 on March 25, 2015 (the day prior to signing the agreement) this represents a 32% premium to Revett's 20 day [...]