Hecla Mining Company
Hecla Mining Company and our subsidiaries have provided precious and base metals
to the U.S. and worldwide since 1891. We discover, acquire, develop, and produce
silver, gold, lead and zinc. In doing so, we intend to manage our business activities
in a safe, environmentally responsible and cost-effective manner.
We produce lead, zinc and bulk concentrates, which we sell to custom smelters
and brokers, and unrefined precipitate and bullion bars (doré) containing
gold and silver, which are further refined before sale to precious metals traders.
We are organized and managed in four segments that encompass our operating units:
the Greens Creek, Lucky Friday, Casa Berardi, and San Sebastian units.
Our current business strategy is to focus our financial and human resources
in the following areas:
Operating our properties safely, in an environmentally responsible manner, and
cost-effectively.
Continue optimizing and improving operations at our Greens Creek, Lucky Friday,
Casa Berardi, and San Sebastian units.
Expanding our proven and probable reserves and production capacity at our operating
properties.
Conducting our business with financial stewardship to preserve our financial
position in varying metals price environments.
Advancing permitting of the Rock Creek and Montanore projects. We acquired Rock
Creek as part of the acquisition of Revett Mining Company ("Revett")
in June 2015, and we acquired Montanore through the acquisition of Mines Management,
Inc. ("Mines Management") in September 2016.
Maintaining and investing in exploration and pre-development projects in the
vicinities of six mining districts and projects we believe to be under-explored
and under-invested: North Idahos Silver Valley in the historic Coeur dAlene
Mining District; our Greens Creek unit on Alaskas Admiralty Island located
near Juneau; the silver-producing district near Durango, Mexico; the Abitibi
region of north-western Quebec, Canada; the Rock Creek and Montanore projects
in northwestern Montana; and the Creede district of Southwestern Colorado.
Continuing to seek opportunities to acquire and invest in mining and exploration
properties and companies.
We are required to obtain various licenses and permits to operate our mines
and conduct exploration and reclamation activities. The suspension in production
at the Lucky Friday unit during 2012 was pursuant to an order from the Federal
Mine Safety and Health Administration.