Hecla Mining Company announced today that, effective immediately, its Board of Directors has named Catherine J. "Cassie" Boggs, Hecla's current Chair of the Board, as Interim President and Chief Executive Officer. Ms. Boggs succeeds Phillips S. Baker Jr., who, after nearly 23 years of service, is retiring from the Company and stepping down from its Board. Ms. Boggs will continue to serve as Chair of the Board, and the [...]
Hecla Mining Company has released its 2023 Sustainability Report, highlighting the Company's environmental, social and governance performance. "Hecla demonstrated resilience in 2023 as we faced operational disruptions due to wildfires in Quebec and multiple weather events in Alaska, while also developing the Keno Hill mine and executing mitigation plans at Lucky Friday," said Phillips S. Baker Jr., President and CEO [...]
Hecla Mining Company announced today that the Company, through a wholly-owned subsidiary, has completed the acquisition of 555,556 units of Cascadia Minerals Ltd., with each unit consisting of one Common Share and one warrant entitling the holder to acquire one additional Common Share at an exercise price of $0.28 each, for cash consideration of $0.18 per unit or $100,000 in aggregate. After completion of this [...]
Hecla Mining Company today announced first quarter 2024 financial and operating results. FIRST QUARTER HIGHLIGHTS Operational Produced 4.2 million silver ounces, an increase of 43% over the fourth quarter of 2023 Lucky Friday completed ramp-up to full production with 1.1 million silver ounces produced. Improved safety at Keno Hill - 41% improvement over the 2023 All-injury Frequency Rate ; increased throughput 29% over [...]
Hecla Mining Company will release its first quarter 2024 operational and financial results after the market close on May 8, 2024. The Company will hold a conference call and webcast on May 9, 2024 at 10:00 a.m. Eastern Time. Details are provided below. CONFERENCE CALL AND WEBCAST Date: May 9, 2024 Time: 10:00 am Eastern Time Dial-in numbers: +1 330-2391 +1 789-2702 Conference ID: 4812168 Webcast [...]
Hecla Mining Company today announced its preliminary production results for the first quarter of 2024. HIGHLIGHTS 1st Quarter 2024 compared to 4th Quarter 2023 Silver production of 4.2 million ounces, a 43% increase. Gold production of 36,592 ounces, in line with prior quarter. Greens Creek silver production increased 10% and gold production in line with prior quarter. Lucky Friday completed ramp-up to full production [...]
Hecla Mining Company's Senior Vice President and Chief Financial Officer, Russell D. Lawlar, will present at the Gold Forum Europe 2024 in Zurich, Switzerland on Tuesday, April 9 at 2:20 PM Central European Time . The presentation will be live-streamed at https://www.dgg.gold/events/members/dashboard/session-preview.php?session_id=3165. ABOUT HECLA Founded in 1891, Hecla Mining Company is the largest silver producer in [...]
Hecla Mining Company today announced it has filed NI43-101 Technical Reports for the Casa Berardi mine in Quebec and Keno Hill mine in Yukon, Canada. REPORT HIGHLIGHTS Keno Hill Silver Proven and Probable reserves of 55 million silver ounces, an increase of 45% over the reserves identified at the time of the acquisition in September 2022, and an increase of 10% over year-end 2022. Reserves are calculated at a price [...]
Hecla Mining Company today announced the appointment of Mark P. Board as a Director effective February 23, 2024. Mr. Board has been President of M Board Mining Consulting, LLC since 2020. Prior to that, he served as Vice President - Innovation and Technical Services for Hecla Limited, a subsidiary of Hecla Mining Company, from June 2014 until his retirement in June 2020. Prior to that, he acted as a consulting engineer [...]
Hecla Mining Company announced today that representatives of the Company will present and participate at multiple investor conferences. BMO Capital Markets Global Metals, Mining & Critical Minerals Conference Phillips S. Baker, Jr., President and Chief Executive Officer, will present at the BMO Capital Markets Global Metals, Mining & Critical Minerals Conference in Hollywood, Florida on Tuesday, February 27, 2024, at 8:00 [...]
Hecla Mining Company today announced fourth quarter 2023 financial and operating results. HIGHLIGHTS Silver reserves of 238 million ounces, silver production of 14.3 million ounces, and total sales of $720.2 million, all are the second highest in Company history. Lucky Friday restarted production on January 9th, with first insurance proceeds received in February. Hecla received a U.S. patent for the Underhand Closed Bench [...]
Hecla Mining Company today reported exploration results and year end reserves. The exploration program has resulted in the second highest silver reserves and the largest gold resource in Hecla's history. Drilling results include very high-grade and wide intercepts. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240213785221/en/ Figure 1: District geology with [...]