Pomerantz LLP announces that a class action lawsuit has been filed against Hecla Mining Company and certain of its officers. The class action, filed in United States District Court, for the Southern District of New York, and indexed under 19-cv-05719, is on behalf of a class consisting of all persons and entities other than Defendants who [...]
Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Hecla Mining Company from March 19, 2018 through May 8, 2019, inclusive of the important July 23, 2019 lead plaintiff deadline in the securities class action. The lawsuit seeks to recover damages for Hecla investors under the federal securities laws. To join [...]
Hecla Mining Company today announced that it is taking action to reduce spending, consistent with its goal of operating on a cash neutral basis, following the heavy investment made in Nevada in the First and Second Quarters. Highlights Significantly reduced planned development investment in Nevada while production continues. Expectations for [...]
Hecla Mining Company today announced first quarter financial and operating results. HIGHLIGHTS Sales of $152.6 million. Cash provided by operating activities of $20 million. Net loss applicable to common stockholders of $25.7 million, or $0.05 per basic share. Adjusted net loss applicable to common stockholders of $18.5 million, or $0.04 per basic [...]
Hecla Mining Company today provided an update on its drilling programs during the first quarter. Highlights There were up to 20 drills operating at 5 mines, all in North America. Casa Berardi: High-grade extensions defined two zones in the upper East and West Mines for potential new underground mining areas. The high-grade 113 Zone may link or [...]
Hecla Mining Company today announced it expects to release its first quarter 2019 financial results before market open on Thursday, May 9, 2019. A conference call and webcast will be held Thursday, May 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 [...]
Hecla Mining Company today announced preliminary silver and gold production results for the first quarter of 2019.1 HIGHLIGHTS Silver production of 2.9 million ounces, and gold production of 60,021 ounces. Silver equivalent production of 10.8 million ounces or gold equivalent production of 129,378 ounces.2 Lead production of 5,785 tons; zinc [...]
Hecla Mining Company today announced it is filing a National Instrument 43-101 Technical Report on the Greens Creek Mine in Alaska and the Casa Berardi Mine in Quebec. REPORT HIGHLIGHTS Greens Creek Reserves are calculated at price assumption of $14.50 per ounce silver. The current Proven and Probable Reserve of 107.1 million silver ounces is the [...]
The United Steelworkers today said that on Saturday, March 16, 2019, the union will sponsor a rally and march to commemorate two years of solidarity for the members of Local 5114 who went on strike against unfair labor practices at Hecla Mining Company's Lucky Friday mine on March 13, 2017. USW members, retirees and their families, as well as [...]
Hecla Mining Company today announced fourth quarter and full year 2018 financial and operating results. YEAR-END HIGHLIGHTS Silver production of 10.4 million ounces and record gold production of 262,103 ounces. Silver equivalent production of 43.6 million ounces or gold equivalent of 540,174 ounces.7 Cost of sales and other direct production costs [...]
Hecla Mining Company today reported the highest silver, gold and lead reserves in its 128-year history and provided an update on its exploration programs during the fourth quarter of 2018. Highlights Reserve gains are from consistent long-term exploration programs and improved use of data. Greens Creek, which generates approximately 50% of [...]
Hecla Mining Company today announced it expects to release its fourth quarter and year-end 2018 financial results before market open on Thursday, February 21, 2019. A conference call and webcast will be held Thursday, February 21, at 10:00 a.m. Eastern Time to discuss these results. You may join the conference call by dialing toll-free [...]