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 [...]
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 [...]
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 [...]
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 [...]
Hecla Mining Company today announced it expects to release its second quarter 2020 financial results before market open on Thursday, August 6, 2020. conference call and webcast will be held Thursday, August 6, at 10:00 a.m. Eastern Time to discuss second quarter 2020 financial results. You may join the conference call by dialing toll-free [...]
Hecla Mining Company today announced preliminary production results and its cash position at the end of the second quarter as well as a new investment by Investissement Quebec.¹ HIGHLIGHTS All five mines in operation . Silver production of 3.4 million ounces, and gold production of 59,982 ounces. Silver equivalent production of 12.5 million ounces [...]
Hecla Mining Company announced today that a wholly owned subsidiary of Hecla has today acquired an aggregate of 2,424,335 common shares of Dolly Varden Silver Corp. in two tranches. The first tranche was comprised of 1,311,989 Shares and the second tranche was comprised of 1,112,346 Shares. The agreements for these share subscriptions were entered [...]
Hecla Mining Company today announced its upcoming Annual Meeting of Shareholders will be exclusively held in a virtual meeting format at 10:00 a.m. PDT on Thursday, May 21, 2020. The virtual meeting format was chosen in order to protect the well-being of Hecla’s shareholders, service providers and employees. All information pertaining to the Annual [...]
Hecla Mining Company today announced first quarter financial and operating results. COVID-19 UPDATE Responding quickly to COVID-19 mitigated the impact. Four out of five mines operating, representing 95% of Hecla's production. Casa Berardi restarted operations on April 16 after government-mandated industry-wide shutdown on March 23. No known cases [...]
Hecla Mining Company today announced it expects to release its first quarter 2020 financial results before market open on Thursday, May 7, 2020. 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 [...]
Hecla Mining Company today announced that Casa Berardi plans to restart operations on April 15th, following the Government of Quebec’s decision to allow mining activities to resume. The restart of operations is planned over a month and will follow the Government’s guidelines with a focus on maintaining appropriate COVID-19 practices, including [...]
Hecla Mining Company today announced actions taken in response to COVID-19, cash balances and preliminary silver and gold production results at the end of the first quarter.1 HIGHLIGHTS Responded quickly to COVID-19 with changes in work schedules and hygiene practices, eliminated most travel starting in February, and strengthened the balance sheet [...]
