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 [...]
Hecla Mining Company today announced it is suspending operations at Casa Berardi until April 13, 2020 to comply with the Government of Quebec’s order for the mining industry in the fight against COVID-19. Casa Berardi will have limited operations to protect the facilities and environment while operations are suspended. “The Government [...]
Hecla Mining Company today provided a summary of the activities undertaken to protect its business, employees and local communities from COVID-19. Hecla has corporately and within its mine sites taken significant measures including: Securing contracts that guarantee a $16 per ounce silver price for the second quarter and $1,450 and $1,650 per ounce [...]
Hecla Mining Company today announced its Board of Directors declared a quarterly dividend of $0.0025 per share of common stock, payable on or about March 13, 2020, to shareholders of record on March 6, 2020. The Company’s realized silver price was $17.47 in the fourth quarter of 2019 and therefore did not satisfy the criterion for a larger [...]
Hecla Mining Company today announced that it has priced its previously announced public offering of senior notes . The Company has agreed to sell $475.0 million aggregate principal amount of 7.250% Senior Notes due 2028 . The Offering is expected to close on February 19, 2020, subject to customary closing conditions. The Notes will pay interest [...]
Hecla Mining Company today announced its intention to offer , subject to market and other conditions, $475 million aggregate principal amount of its senior notes due 2028 . 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 [...]
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 [...]
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 [...]