Hecla Mining Company

Hecla Mining Company announced today that the Company, through its wholly-owned subsidiary Alexco Resource Corp. , has completed the acquisition of all the issued and outstanding shares of ATAC Resources Ltd. and it has also invested CAD$2 million in seed capital, equal to 19.9% interest, for a new exploration company Cascadia Minerals Ltd. , which was spun-out to ATAC's shareholders as part of the transaction . Upon [...]

Hecla Mining and ATAC Resources announced today the completion of the ATAC acquisition. "With the ATAC acquisition, we continue to execute our strategy of acquiring large land packages with significant exploration potential in favorable mining jurisdictions," said Phillips S. Baker, Jr., Hecla President & CEO. "The Rackla and Connaught properties in the Yukon are a massive land package of over 700 square miles , almost [...]

Hecla Mining Company announced the suspension of operations at the Casa Berardi mine again due to the forest fires in the Abitibi and Eeyou-Istchee region of the James Bay area. This suspension follows the directives of Quebec's Ministry of Natural Resources and Forests to close certain forest lands and access roads. All mine personnel are safe, and the infrastructure has not been impacted. Operations at Casa Berardi were [...]

Hecla Mining Company today announced that Casa Berardi plans to restart operations on June 15th following the partial lifting of Quebec's ban on access to the road to the mine. The Company expects to resume normal production rates in the next few days as work crews are recalled. Stockpiled lower-grade ore will be fed to the mill until underground and surface mining resumes. The impact of the suspension and restart on Casa [...]

Hecla Mining Company's Senior Vice President and Chief Financial Officer, Russell Lawlar, will participate in the RBC Capital Markets Global Mining & Materials Conference in New York City on Thursday, June 15, 2023. Additionally, President and CEO, Phillips S. Baker, Jr., will participate in The Mining Investment Event of the North in Quebec City, June 19-21, 2023, and the J.P. Morgan Energy, Power, & Renewables [...]

Hecla Mining Company provided an update on forest fires in Abitibi and the Eeyou-Istchee region in the James Bay area affecting the Casa Berardi operations. Quebec's Ministry of Natural Resources and Forests announced the closure of forest lands and certain roads, which include the access road to the Casa Berardi mine site. The Company has suspended operations at the Casa Berardi mine temporarily. All mine personnel are [...]

Hecla Mining Company released its 2022 Sustainability Report today, highlighting the Company's environmental, social and governance performance and 2023 sustainability targets. The theme of this year's report is Reclamation at Hecla: Past, Present, and Future. "Our decades of commitment to the environment, communities where we operate and accessibility of our stakeholders have made Hecla a leader in ESG," said Hecla [...]

ATAC Resources is pleased to announce that on May 17, 2023, the Supreme Court of BC granted an interim order in connection with the proposed acquisition of all of the issued and outstanding common shares of ATAC by Hecla Mining by way of a plan of arrangement. For further information on the Arrangement and the definitive arrangement agreement please refer to ATAC's news release dated April 6, 2023. The Interim Order [...]

Hecla Mining Company today announced first quarter 2023 financial and operating results. FIRST QUARTER HIGHLIGHTS Operational Produced 4.0 million ounces of silver, a 10% increase over the fourth quarter of 2022 and more than any quarter since 2016. Record quarterly gold production of 14,885 ounces at Greens Creek; lead production was the 2nd highest in Company's history. Greens Creek achieved record quarterly throughput [...]

Hecla Mining Company announced today that President and CEO Phillips S. Baker, Jr. received this year's Selwyn Blaylock Canadian Mining Excellence Award. The award, given by the Canadian Institute of Mining, Metallurgy and Petroleum , recognizes an individual who has demonstrated distinguished service to Canada through exceptional achievement in mining, metallurgy, or geology. Established in 1948, the award is named after [...]