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Hecla Mining Co (HL)

HL on New York Consolidated

6.50USD
5 Dec 2016
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Latest Key Developments (Source: Significant Developments)

Mines Management says does not have enough cash to fund ongoing operating expenses through end of Q3
Thursday, 18 Aug 2016 06:28pm EDT 

Mines Management Inc : Says does not currently have enough cash on hand to fund ongoing operating expenses through end of q3 of 2016 . Expects to fund operating expenses during period by borrowing remaining funds available from hecla pursuant to $2.3 million term loan . Says factors raise substantial doubt about company's ability to continue as a going concern . No recurring source of revenue or sufficient cash to fund normal operations,meet debt obligations without raising additional funds .Says "if proposed merger with hecla is not completed, company will need to seek additional capital".  Full Article

Hecla Q2 EPS $0.06
Thursday, 4 Aug 2016 06:30am EDT 

Hecla Mining Co : Q2 earnings per share $0.06 . Hecla reports second quarter 2016 results . Q2 sales rose 64 percent to $171.3 million . Qtrly silver production of 4.2 million ounces, up 71%; qtrly gold production of 62,965 ounces, up 41%. .Q2 earnings per share view $0.05, revenue view $139.3 million -- Thomson Reuters I/B/E/S.  Full Article

Hecla Mining Co withdraws bid for Dolly Varden Silver Corp
Monday, 25 Jul 2016 01:15pm EDT 

Hecla Mining Co: Hecla Mining Co says withdrawal and termination of its bid for dolly varden silver corporation . Will invest to maintain 15.7% interest in dolly varden "because of our long term commitment to dolly varden property" .Hecla withdraws bid for dolly varden.  Full Article

Hecla Mining reports Q2 gold production of 62,965 ounces
Monday, 11 Jul 2016 06:30am EDT 

Hecla Mining Co : Hecla reports 4.2 million ounces of silver and 62,965 ounces of gold production . Says increased gold production estimate for 2016 to 233,000 ounces, a 13% increase . Hecla Mining Co qtrly silver production of 4.2 million ounces, a 71.2% increase . Says increased silver equivalent production estimate for 2016 to 44 million ounces, a 7% increase .Hecla Mining Co qtrly gold production of 62,965 ounces, a 40.9% increase.  Full Article

Hecla Mining to make takeover bid for all of shares of Dolly Varden Silver for C$0.69
Monday, 27 Jun 2016 01:55pm EDT 

Hecla Mining Co: Hecla announces takeover bid for shares of dolly varden silver at 97 pct premium . Will make takeover bid for all of outstanding shares of dolly varden silver not owned by hecla and its affiliates for C$0.69 cash/share . Also entered into support agreements with shareholders who collectively hold 2.5 million Dolly Varden shares, 1.3 million Dolly Varden warrants .Hecla's takeover bid for Dolly Varden has been approved by hecla's board of directors and will not require approval by its shareholders.  Full Article

Hecla appoints Lindsay Hall senior vice president and CFO
Tuesday, 14 Jun 2016 06:30am EDT 

Hecla Mining Co : Lindsay hall has accepted position of senior vice president and chief financial officer of company . Lindsay hall has accepted position of senior vice president and chief financial officer of company, following retirement of james sabala . Lindsay recently was executive vice president and chief financial officer of goldcorp inc .Hecla announces appointment of lindsay hall as senior vice president and chief financial officer.  Full Article

Hecla to acquire Mines Management
Tuesday, 24 May 2016 07:00am EDT 

Mines Management Inc : Says Hecla to acquire mines management . In proposed merger, each outstanding common share of mines management will be exchanged for 0.2218 of a common share of hecla .Following closing of merger, hecla intends to advance evaluation program of montanore.  Full Article

Hecla Mining to acquire Mines Management Inc
Tuesday, 24 May 2016 07:00am EDT 

Hecla Mining Co : Hecla to acquire Mines Management .In proposed merger, each outstanding common share of Mines Management will be exchanged for 0.2218 of a common share of Hecla.  Full Article

Hecla declares preferred dividend
Friday, 21 Aug 2015 08:00am EDT 

Hecla Mining Company:Declares quarterly dividend of $0.875 per share on the outstanding Series B Cumulative Convertible Preferred Stock, on a total of 157,816 shares outstanding.Says the cash dividend is payable Oct.1, to shareholders of record on Sept. 15.  Full Article

Hecla Mining Co declares dividend
Thursday, 6 Aug 2015 08:00am EDT 

Hecla Mining Co:Declares a quarterly cash dividend of $0.0025 per share of common stock, payable on or about Sept. 1 to shareholders of record on Aug. 21.  Full Article

BRIEF-Hecla reports third quarter 2016 results

* Hecla reports third quarter 2016 results Source text for Eikon: Further company coverage: