Hecla Mining Company reports operating and financial developments for a North American silver producer with mines in Alaska and Idaho, a ramping mine in the Yukon, and exploration and pre-development projects in silver and gold districts. Company updates commonly cover silver and gold production, realized metal prices, cash costs, AISC, free cash flow, and mine-level performance at operations such as Greens Creek, Lucky Friday, and Keno Hill.
Hecla news also includes reserve and resource reporting, exploration programs, dividends on common and Series B cumulative convertible preferred stock, and capital-structure actions. Recent corporate updates document the completed sale of the Casa Berardi business and the redemption of senior notes, reflecting a sharper focus on the company's silver portfolio.
Hecla Mining (NYSE:HL) completed the sale of its Casa Berardi subsidiary to a subsidiary of Orezone on March 25, 2026.
Hecla received $160 million cash and approximately 65.8 million Orezone shares at closing, and is entitled to deferred and contingent cash up to $321 million. Hecla delivered a notice to fully redeem its remaining $263 million 7.25% Senior Notes due 2028, with a scheduled redemption date of April 9, 2026, at par plus accrued interest.
Abitibiwinni First Nation urged Hecla (NYSE: HL) and Orezone to engage in good‑faith talks over the proposed sale of Hecla Quebec and the Casa Berardi mine on Feb 3, 2026.
Abitibiwinni says the mine sits on its traditional lands, cites an existing Impacts and Benefits Agreement, notes Hecla replied on Feb 16, 2026, and seeks protections for woodland caribou plus consent rights before further exploration or expansion.
Hecla (NYSE:HL) reported record 2025 results: revenue > $1.4 billion (+53% YoY), net income $321 million (EPS $0.49), and Adjusted EBITDA $670 million. Cash from operations was $563 million with free cash flow $310 million and cash of $242 million.
Balance sheet strengthened: total debt $276 million, net debt $34 million (net leverage 0.1x). Production: 17.0M oz silver and 151k oz gold. Subsequent: definitive agreement to sell Casa Berardi for up to $593 million, expected to close Q1 2026.
Hecla Mining (NYSE:HL) reported year-end 2025 reserves and resources and exploration results, with 231 million oz silver reserves after producing 17 million oz in 2025 and peer-leading average reserve life. Measured & Indicated silver resources are 161 million oz; Inferred silver 468 million oz.
Gold proven & probable reserves are 2.0 million oz; M&I gold resources 4.5 million oz; inferred gold 6.3 million oz. Hecla plans a $55 million 2026 exploration/pre-development program, nearly double 2025 investment, and noted a pending sale of Casa Berardi to Orezone announced January 26, 2026.
Hecla Mining (NYSE:HL) will report its fourth quarter and full‑year 2025 operational and financial results after the NYSE close on February 17, 2026.
The company will host a conference call and webcast on February 18, 2026 at 10:00 a.m. ET. Access details:
- Webcast: https://events.q4inc.com/attendee/660148892 or www.hecla.com under Investors
- US toll‑free call: 1‑800‑715‑9871; International: 1‑646‑307‑1963; Conference ID: 4812168
Hecla Mining (NYSE:HL) agreed to sell its Casa Berardi subsidiary to Orezone Gold for up to $593 million in total consideration. The package includes $160M cash at closing, ~65.7M Orezone shares (~$112M), $80M deferred cash (payments at 18 and 30 months) and up to $241M contingent payments tied to production, permit receipt and high gold prices. Closing is expected in Q1 2026 subject to conditions. Proceeds are planned for debt reduction and balance sheet strengthening to refocus Hecla on its core silver portfolio and support growth at Keno Hill and Greens Creek.
Hecla (NYSE:HL) reported preliminary 2025 production and issued 2026 guidance. 2025 silver production was 17.03Moz, >5% vs 2024 and at the top end of guidance; consolidated gold was 150,509oz, slightly above guidance. All primary silver operations met or exceeded guidance, with Lucky Friday a record 5.26Moz.
For 2026 the company guides silver 15.1–16.5Moz and gold 134–146koz, plans record exploration/pre-development of $55M, total capital $255–$279M, and consolidated silver total cost of sales $471M with silver AISC $15.00–$16.25/oz (after by-product credits).
Hecla Mining (NYSE:HL) will host an Investor Day in New York City on Monday, January 26, 2026, with a live webcast beginning at 12:30 p.m. ET. Senior management will present on strategy, finance, operations, exploration, sustainability and innovation. A replay will be available within 24 hours at the same webcast link and the presentation will be archived at hecla.com.
In celebration of its 135th anniversary, Hecla will ring the NYSE Closing Bell on January 26, 2026 at 4:00 p.m. ET; a video will be available at nyse.com/bell. The company reiterated its silver-focused strategy and referenced a transformational 2025 and debt reduction.
Hecla Mining (NYSE: HL) will be added to the S&P MidCap 400, effective prior to the open on December 22, 2025. The inclusion reflects Hecla’s operational scale, disciplined capital allocation, and governance across its U.S. and Canadian silver and gold operations.
The S&P MidCap 400 covers U.S. equities with market caps between $8.0 billion and $22.7 billion; inclusion involved S&P Index Committee discretion weighing sector representation and market stability. The company says the move is expected to broaden its institutional investor base and enhance trading liquidity.
S&P Dow Jones Indices will implement index changes effective prior to the open on Dec 22, 2025 as part of its quarterly rebalance. Key moves: CRH, Carvana (CVNA) and Comfort Systems USA (FIX) join the S&P 500; Dycom (DY) moves from the S&P SmallCap 600 to the S&P MidCap 400.
The reconstitution shifts multiple companies across the S&P 500, MidCap 400 and SmallCap 600 to better reflect market-cap ranges.