Hecla Mining Company (NYSE:HL) today announced that it has decided not to proceed with its previously announced offer of $500 million of Senior Notes due 2025, as current terms and conditions were not sufficiently attractive for the Company to move forward. In addition, the concurrent tender offer to purchase any and all of its 6.875% Senior Notes [...]
Hecla Mining Company (NYSE:HL) today announced its intention to offer (the “Offering”), subject to market and other conditions, $500 million of Senior Notes due 2025 (the “Notes”). The Notes will be fully and unconditionally guaranteed by certain of the Company’s subsidiaries. The Company intends to use the net [...]
Hecla Mining Company (NYSE:HL) today announced that it has commenced a cash tender offer (the “Tender Offer”) to purchase any and all of its 6.875% Senior Notes due 2021 (the “Notes”). There is $506.5 million aggregate principal amount of Notes outstanding. The Tender Offer is being made on the terms and subject to the [...]
Hecla Mining Company (NYSE:HL) today announced estimated realized prices, production, revenue, net income (loss) and Adjusted EBITDA for the second quarter of 2017, based on preliminary information available as of June 21, 2017.¹ The following table summarizes estimated results that are expected to be within the following ranges: Second [...]
Hecla Mining Company (NYSE:HL) is pleased to recognize the strong performance of its mine rescue teams from Lucky Friday, Greens Creek and Casa Berardi during this year’s Central Mine Rescue and Quebec Provincial Mine Rescue Competitions. The strongest result came from the Lucky Friday team, consisting of veteran professionals who volunteered [...]
Hecla Mining Company’s (NYSE:HL) Vice President – Investor Relations, Mike Westerlund, will present at the Barclays High Yield Bond & Syndicated Loan Conference in Colorado Springs, Colorado, on Thursday, June 8, 2017, at 5:25 p.m. (ET). A PDF of the presentation will be available on the Company’s website at www.hecla-mining.com [...]
Hecla Mining Company (NYSE:HL) today announced its Board of Directors has declared the regular quarterly dividend of $0.875 per share on the 157,816 shares of outstanding Series B Cumulative Convertible Preferred Stock. This represents a total amount to be paid of approximately $138,000. The cash dividend is payable July 3, 2017, to shareholders of [...]
Hecla Mining Company (NYSE:HL) (Hecla or the Company) today announced first quarter financial and operating results. FIRST QUARTER 2017 HIGHLIGHTS Net income applicable to common stockholders of $26.7 million, or $0.07 per basic share. Adjusted net income applicable to common stockholders of $16.7 million, or $0.04 per basic share.1 Sales of [...]
Hecla Mining Company (NYSE:HL) is pleased to announce that Senior Vice President - Exploration, Dr. Dean McDonald, received the A.O. Dufresne Exploration Achievement Award from the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), at the CIM Annual Awards Gala in Montreal, Quebec on Monday night. This award recognizes Dr [...]
Hecla Mining Company (NYSE:HL) today announced it expects to release its first quarter 2017 financial results before market open on Monday, May 8, 2017. A conference call and webcast will be held Monday, May 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 (NYSE:HL) today announced preliminary production, operating costs and cash balance for the first quarter of 2017.¹ FIRST QUARTER 2017 HIGHLIGHTS (Preliminary Results) Silver production of 3.4 million ounces; gold production of 56,113 ounces. Silver equivalent production of 10.6 million ounces or gold equivalent production [...]
Hecla Mining Company (NYSE:HL) reported the United Steelworkers Union Local 5114 went on strike today at the Company’s Lucky Friday Mine, located in Mullan, Idaho. “We are disappointed in USW Local 5114’s decision to walk out, because this decision benefits no one – not the workers, their families, the local communities or [...]
