Hecla Mining Company today announced preliminary silver and gold production results1 for the fourth quarter and full year 2018. 2018 HIGHLIGHTS Silver production of 10.4 million ounces, and a company-record gold production of 262,103 ounces. Silver equivalent production of 43.6 million ounces and gold equivalent production of 540,174 ounces.2 Lead [...]
Hecla Mining Company today announced third quarter financial and operating results. HIGHLIGHTS Net loss applicable to common shareholders of $23.3 million, or $0.05 per share on lower prices of all four metals. Cost of sales and other direct production costs and depreciation, depletion and amortization of $137.1 million. Gross profit of $6.6 [...]
Hecla Mining Company today provided an update on its exploration programs during the third quarter. Highlights Largest quarterly exploration program in company history There were up to 20 drills at 10 properties, 5 operating mines, all in North America Reserve price assumptions to determine this year’s reserves are $14.50 silver, $1200 gold [...]
COEUR D'ALENE, The United Steelworkers today said that on Tuesday, Oct. 30, 2018, the union will hold a solidarity rally at Hecla Mining Company's headquarters to support the members of Local 5114 on strike against unfair labor practices at the company's Lucky Friday Mine in Mullan, Idaho. Union members and retirees and their families, as well as [...]
Hecla Mining Company today announced it expects to release its third quarter 2018 financial results before market open on Thursday, November 8, 2018. A conference call and webcast will be held Thursday, November 8, 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 [...]
Hecla Mining Company today announced certain preliminary results¹ for the third quarter of 2018. HIGHLIGHTS Silver production of 2.5 million ounces, and gold production of 72,995 ounces. Silver equivalent production of 10.9 million ounces or gold equivalent production of 135,096 ounces.2 Lead production of 4,239 tons; zinc production of 12,795 [...]
Hecla Mining Company announced today that a wholly-owned subsidiary of Hecla exercised warrants to acquire 1,250,000 common shares of Dolly Varden Silver Corp. . The warrants entitled Hecla Canada Ltd. to acquire 1,250,000 Shares at a price of C$0.30 each. As a consequence, Hecla, through Hecla Canada, now controls or is deemed to control [...]
Hecla Mining Company today is filing a National Instrument 43-101 technical report on Fire Creek, Nevada. The Fire Creek reserves and resources are those reported by Klondex Mines on February 5, 2018 with mining depletion to April 1, 2018, and were previously reported in the August 7, 2018 news release entitled “Hecla Reports Continued [...]
Hecla Mining Company today announced second quarter 2018 financial and operating results. HIGHLIGHTS Net income applicable to common shareholders of $11.9 million, or $0.03 per share. Adjusted net income applicable to common shareholders of $3.0 million, or $0.01 per share. 1 Sales of $147.3 million. Adjusted EBITDA of $57.7 million and net [...]
Hecla Mining Company today provided an update on its exploration programs during the second quarter. Exploration Highlights Casa Berardi: Drilling is expanding potential size of the East Mine Crown Pillar pit and the proposed 160, Principal and West Mine Crown Pillar open pits. Underground drilling of the 118 and 123 zones continues to discover [...]
Hecla Mining Company today announced it expects to release its second quarter 2018 financial results before market open on Thursday, August 9, 2018. A conference call and webcast will be held Thursday, August 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 [...]
Hecla Mining Company and Klondex Mines today announced that Hecla’s acquisition of Klondex is complete “With this acquisition, Hecla now has three high-grade mines in Nevada, one of the best mining districts in the world,” said Phillips S. Baker, Jr., President and CEO. “These assets immediately add production and cash flow [...]