Welcome to our dedicated page for Hecla Mining Co news (Ticker: HL), a resource for investors and traders seeking the latest updates and insights on Hecla Mining Co stock.
Hecla Mining Company (NYSE: HL) is a silver-focused precious metals producer that describes itself as the largest silver producer in the United States and Canada. The Hecla news page on Stock Titan aggregates company announcements, operational updates, exploration results, and capital markets events in one place for investors and sector followers.
Recent Hecla news releases highlight a range of topics, from quarterly operating and financial results to exploration discoveries and permitting milestones. The company has reported record quarterly revenue and adjusted EBITDA, updates on cash flow and debt reduction, and details on dividends for common and preferred shareholders. Operationally, Hecla provides mine-level commentary on assets such as Greens Creek, Lucky Friday, Keno Hill, and Casa Berardi.
Exploration-focused news includes high-grade gold and silver intercepts at the Midas Project in Nevada, permitting progress and planned drilling at the Polaris Exploration Project in the historic Aurora Mining District, and advancement of the Libby copper-silver exploration project in Montana following U.S. Forest Service findings of no significant impact. Hecla also issues releases about recognition for environmental stewardship at Keno Hill and participation in industry conferences and investor forums.
Investors visiting this page can review how Hecla communicates its silver-focused strategy, index inclusions in the S&P SmallCap 600 and S&P MidCap 400, and its plans for events such as Investor Day presentations and NYSE Closing Bell ceremonies. Bookmark this page to access a consolidated stream of Hecla Mining Company news, including earnings releases, project updates, regulatory announcements, and corporate presentations.
Emergent Metals Corp. announced an update regarding its private placement, following the recent sale of its East-West Property to O3 Mining. The company will now offer up to 11,666,666 units at CDN$0.12 each to raise up to CDN$1,400,000. Each unit includes a common share and a warrant, exercisable at CDN$0.15 for 24 months. The offering is set to close by May 31, 2022.
Proceeds will fund exploration in Quebec and Nevada. Insider participation may occur but is expected to be exempt from certain regulations due to its market capitalization.
Hecla Mining Company (NYSE:HL) is set to release its first quarter 2022 financial results on May 10, 2022, before market opening. A conference call and webcast are scheduled for 10:00 a.m. Eastern Time on the same day to discuss these results. Investors are also invited to participate in one-on-one calls with management that morning. As the largest silver producer in the U.S., Hecla operates mines in Alaska, Idaho, and Quebec, Canada, along with several exploration projects across North America.
Hecla Mining Company (NYSE: HL) reported a strong performance in Q1 2022 with silver production increasing to 3.3 million ounces, up 3% from the previous quarter. Gold output was 41,642 ounces. Production of lead and zinc remained stable. Hecla anticipates continued growth in silver production over the next two years, driven by operations at Greens Creek and Lucky Friday. However, Casa Berardi saw a decrease in gold output to 30,240 ounces, influenced by lower-grade surface tons.
Hecla Mining Company (NYSE:HL) announced that its President and CEO, Phillips S. Baker, Jr., will present at the BMO Global Metals & Mining Conference on March 1, 2022, at 9:00 a.m. ET. Additionally, Russell Lawlar, CFO, will present at the J.P. Morgan Global High Yield & Leveraged Finance Conference on February 28, 2022, at 10:00 a.m. ET. Webcasts of both presentations and related materials will be accessible on Hecla's website. Established in 1891, Hecla is the largest silver producer in the U.S. with operations in Alaska, Idaho, and Quebec, Canada.
Hecla Mining Company (NYSE:HL) reported impressive financial results for FY 2021, achieving record sales of $807.5 million and second highest cash flow from operations at $220.3 million. The company produced 12.9 million ounces of silver and 201,327 ounces of gold, meeting production guidance. Hecla's adjusted EBITDA reached a record $278.8 million. Environmental commitments included net neutral emissions. The newly developed Underhand Closed Bench mining method at Lucky Friday is expected to boost silver production by nearly a million ounces in 2022, leveraging Hecla's position as the largest U.S. silver producer.
Hecla Mining Company (NYSE:HL) reported significant increases in gold and silver reserves, highlighting a 14% rise in gold reserves to over 2.7 million ounces and a 6% rise in silver reserves to 200 million ounces, the second-highest in its history. Inferred resources for silver and gold also increased by 8% and 2%, respectively. The company's exploration spending reached a record $47.9 million in 2021. Hecla emphasizes its strategic positioning in the silver market, crucial for cleaner energy transitions, and anticipates further growth in reserves through its exploration programs in 2022.
Hecla Mining Company (NYSE:HL) will release its fourth quarter and full-year 2021 financial results on February 22, 2022, before market open. A conference call and webcast are scheduled for 10:00 a.m. Eastern Time on the same day to discuss the results. Investors will also have opportunities for one-on-one calls with management from 1:00 to 2:30 p.m. Eastern Time. Founded in 1891, Hecla is the largest silver producer in the U.S., with operations in Alaska, Idaho, and Quebec, Canada, alongside numerous exploration properties.
Hecla Mining Company (NYSE:HL) reported strong preliminary production results for Q4 and full year 2021. Silver production increased by 21% quarter-over-quarter, totaling 3.2 million ounces, while gold production rose by 14%, reaching 47,977 ounces. Annual numbers show 12.9 million ounces of silver and 201,326 ounces of gold produced. The company's cash position stood at approximately $210 million, bolstered by an $80 million cash increase during the year. The Lucky Friday mine saw a remarkable 75% production increase year-over-year.
Hecla Mining Company (NYSE:HL) announced that President and CEO Phillips S. Baker Jr. will participate in the H. C. Wainwright Mining Conference on November 30, 2021, and present at the Scotiabank Mining Conference on December 1, 2021, at 9:30 a.m. ET. CFO Russell Lawlar will also participate in the BofA Securities Leveraged Finance Conference the same day. Presentation materials will be accessible on Hecla's website. Established in 1891, Hecla is the largest silver producer in the U.S., with operations and projects in Alaska, Idaho, and Quebec.
Hecla Mining Company (NYSE:HL) will participate in a fireside chat at the RBC Global Mining Conference on November 17, 2021, at 1:30 p.m. ET. The event can be accessed via a webcast available on the company's website.
Additionally, Hecla has released its latest Q3 2021 Performance Review as part of a webcast series focused on its high-grade, low-cost silver mines. The video is available on the company’s website.