Protecting Research Values: the Day Mines Group of Record$ University of Idaho Library
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HMC 125 Year Book Narrative 042816.Indd
Celebrating 125 Years PERSISTENCE PERSPECTIVE POSITION Hecla’s management team, Burke, Idaho, ca. 1901. Left to right: Fremont Rowe, Doc Evans, Ed Torkelson, Chet Lawrence, Charles Foreman, Pete Ratoni, Ed “Spud” Murphy, Bert Sloan. Burke was the location of the original Hecla mine (as well as the Hercules and the Star); at its height, as many as 1,400 people lived along its single street at the bottom of Burke Canyon. On the cover, a 1927 photograph of workers from the Hecla mine is juxtaposed with a 2015 photo of miners at Hecla’s newest operating property: the Casa Berardi gold mine in Quebec. TABLE OF CONTENTS 02 05 11 19 34 36 40 Foreword Persistence: Perspective: Position: Mining in the Responsibility Milestones The First 100 Years The Last 25 Years The Future 21st Century Hecla’s management team, Burke, Idaho, ca. 1901. Left to right: Fremont Rowe, Doc Evans, Ed Torkelson, Chet Lawrence, Charles Foreman, Pete Ratoni, Ed “Spud” Murphy, Bert Sloan. Burke was the location of the original Hecla mine (as well as the Hercules and the Star); at its height, as many as 1,400 people lived along its single street at the bottom of Burke Canyon. On the cover, a 1927 photograph of workers from the Hecla mine is juxtaposed with a 2015 photo of miners at Hecla’s newest operating property: the Casa Berardi gold mine in Quebec. CAPITALIZED FOR HALF A MILLION DOLLARS AND INCORPORATED ON OCTOBER 14, 1891, HECLA MINING COMPANY STANDS TODAY AS THE LAST OF THE PIONEER MINING COMPANIES OF NORTH IDAHO’S FABLED SILVER VALLEY — THE OLDEST U.S.-BASED PRECIOUS METALS MINING COMPANY AND THE LARGEST PRIMARY SILVER PRODUCER IN THE UNITED STATES. -
Hecla Mining Company 2015 Annual Report
2015 Annual Report Hecla Mining Company was founded in 1891 in North Idaho’s fabled Silver Valley. One hundred twenty-five years later, it’s the oldest U.S.-based precious metals mining company – and the largest primary silver producer in the United States. On the cover, three miners pose with hand tools in front of a jackleg drill lit by a single candle. They’re underground at the original Hecla mine in Burke, Idaho, which yielded more than nine million tons of ore before closing in 1944. Today, modern methods – such as this mechanized rock bolter at the Greens Creek mine – dramatically increase not only miner safety, but also efficiency and productivity. FINANCIAL HIGHLIGHTS (Dollars in thousands except in per share and per ounce amounts / as of December 31) FINANCIAL DATA & RATIOS 2015 2014 Sales of products $ 443,567 $ 500,781 Gross profit 38,511 85,201 Cash flow provided by operating activities 106,445 83,124 Net income (loss) (86,968) 17,824 Net income (loss) applicable to common shareholders (87,520) 17,272 Basic income (loss) per common shares (0.23) 0.05 Cash, cash equivalents and short-term investments 155,209 209,665 Capital expenditures 160,716 151,089 Total assets 2,221,925 2,262,064 YEAR-END DATA Common shares outstanding (in thousands) 378,113 367,377 Weighted average number of shares outstanding for the year – basic (in thousands) 373,954 353,442 Employees 1,404 1,354 OPERATIONAL DATA Silver production (oz) 11,591,603 11,090,506 Gold production (oz) 189,327 186,997 Lead production (tons) 39,965 40,255 Zinc production (tons) -
Idaho Mining and Exploration, 2011
Idaho Mining and Exploration, 2011 Virginia S. Gillerman Earl H. Bennett Idaho Geological Survey Morrill Hall, Third Floor Staff Report S-12-3 University of Idaho November 2012 Moscow, Idaho 83844-3014 Idaho Mining and Exploration, 2011 Virginia S. Gillerman Earl H. Bennett Staff Reports present timely information for public distribution. This publication may not conform to the agency’s standards. Idaho Geological Survey Morrill Hall, Third Floor Staff Report S-12-3 University of Idaho November 2012 Moscow, Idaho 83844-3014 Contents Introduction ………………………………………………………………………….... 1 Metal Mining …………………………………………………………………………. 4 Phosphate Mining …………………………………………………………………….. 7 Other Industrial Minerals ………………………………………………………………10 Energy ………………………………………………………………………………….11 Exploration ……………………………………………………………………………..13 State Activities …………………………………………………………………………22 Figures Figure 1. Major mining areas in Idaho ………………………………………….…........2 Figure 2. Yearly non-fuel mineral production in Idaho ………………………….…......3 Figure 3. Value by commodity for 2010 production………...…………………………..3 Figure 4. Galloway at top of #4 shaft, Lucky Friday mine …………………………......5 Figure 5. Surface Exploration, U.S. Silver ………………………………………….6 Figure 6. Construction at New Jersey mill, Kellogg…………………………………….7 Figure 7. Construction at Monsanto’s new Blackfoot Bridge phosphate mine ….…......9 Figure 8. Simplot’s Smoky Canyon mine, Panel F, aerial view …….……………..…...9 Figure 9. Industrial mineral producers …………………………………………………10 Figure 10. Stratigraphic and seismic section, Bridge Resources well, Payette Co…......12 Figure 11. Mineral exploration in Idaho, 2011 …………………………………………13 Figure 12. Cross-section with location of Hecla’s projects, 2011 ……………………...15 Figure 13. Hecla’s Star-Morning exploration at Burke ………………………………...16 Figure 14. Orogrande Shear Zone, Premium Exploration project……………………....18 Figure 15. Formation Metals’ construction layout, Idaho Cobalt Project…....................18 Figure 16. Midas Gold’s Yellow Pine deposit map and drill section ………….….…..20 Figure 17. -
Hecla Mining Company 2017 Annual Report
CREATING VALUE THROUGH INNOVATIVE MINING 2017 ANNUAL REPORT Greens Creek Admiralty Island, Alaska Kinskuch Alice Arm, BC Opinaca / Wildcat Rock Creek James Bay, Quebec Silver Valley Noxon, Montana Wallace, Idaho Casa Berardi Vancouver, BC Montanore Val d’Or, Quebec Libby, Montana Val d’Or, Quebec Coeur d’Alene, Idaho Fayolle Val d’Or, Quebec Heva–Hosco Lucky Friday Val d’Or, Quebec Mullan, Idaho Monte Cristo Esmeralda County, Nevada San Juan Silver Creede, Colorado operating mine pre-development project San Sebastian Durango, Mexico exploration project corporate office Innovations such as the tele-remote load-haul-dump at Greens Creek and the automated shaft at Casa Berardi can increase productivity and safety, generating significant returns on investment. FINANCIAL HIGHLIGHTS (Dollars in thousands except in per-share and per-ounce amounts. As of December 31.) FINANCIAL DATA 2017 2016 Sales of products $ 577,775 $ 645,957 Gross profit 156,986 191,506 Cash flow provided by operating activities 115,878 225,328 Net income (loss) (23,519) 69,547 Net income (loss) applicable to common shareholders (24,071) 68,995 Basic income (loss) per common share (0.06) 0.18 Cash, cash equivalents, and short-term investments 219,865 198,894 Capital expenditures 105,393 163,128 YEAR-END DATA Common shares outstanding (in thousands) 399,176 395,287 Weighted average number of shares outstanding for the year – basic (in thousands) 397,394 386,416 Employees 1,431 1,396 OPERATIONAL DATA Silver production (oz) 12,484,844 17,177,317 Gold production (oz) 232,684 -
MAY 2021 INVESTOR FACT SHEET Investor Inquiries 800.HECLA91 (800.432.5291) [email protected]
MAY 2021 INVESTOR FACT SHEET Investor Inquiries 800.HECLA91 (800.432.5291) [email protected] HECLA-MINING.COM Hecla Mining Company is the largest U.S. silver producer and the third largest U.S. producer of both zinc and lead. Hecla owns and operates mines on district-sized land packages in mining-friendly North American jurisdictions: Greens Creek in Alaska, one of the largest and highest-margin primary silver mines in the world; the Lucky Friday silver mine in North Idaho; and the Casa Berardi gold mine in Quebec. In addition to its diversified silver and gold operating and cash- flow generating base, Hecla has a number of exploration properties and pre-development projects in world-class silver and gold mining districts throughout North America. 2020 silver production was 13.5 million ounces and 208,962 ounces of gold production. 2021 estimated production is 12.9-14.0 million ounces of silver and 185,000-193,000 ounces of gold. The company is positioned to weather COVID-19 with strong assets, an established action plan, senior notes due in 2028, and solid liquidity. Multiple Secure Revenue Streams Share Performance NYSE: HL Strong Cash Flow Flexibility Low Political Risk Jurisdictions end of Q1: 03/31/21, (1) as of 05/10/21 (1) Share Price: $7.16 Strong (1) 52-Week Range: $2.47 – $8.45 Healthy Cash Margins Investment Established Work Force Basic Shares: 535.3 million Fundamentals Fully Diluted: 545.5 million Market Capitalization: $3.8B (1) Strong Financial Position Commitment to Safety High-Quality Operations OPERATING MINES Greens Creek – Admiralty Island, Alaska ■ One of the world’s largest and lowest-cost primary silver mines. -
HMC Fact Sheet 05102017.Indd
May 2017 Investor Fact Sheet www.hecla-mining.com Hecla Mining Company is not only the largest and one of the lowest-cost U.S. silver producers, and the third largest U.S. producer of both zinc and lead, but also a growing gold producer. Hecla owns and operates four mines on district-sized land packages in mining-friendly North American jurisdictions: Greens Creek in Alaska, one of the largest and highest-margin primary silver mines in the world; the newly revitalized Lucky Friday silver mine in North Idaho; the San Sebastian silver-gold mine near Durango, Mexico; and the Casa Berardi gold mine in Quebec. In addition to its diversified silver and Share Performance NYSE: HL gold operating and cash-flow generating base, Hecla has a number of exploration properties and pre- end of Q1: 03/31/17, (1) as of 04/27/17 development projects in seven world-class silver and gold mining districts in the U.S., Canada, and Mexico. Share Price: $ 5.33(1) 52-Week Range: $ 3.83 – $7.64(1) 2016 saw record silver production of 17.2 million ounces with 233,929 ounces of gold production, with Basic Shares: 395.8 million silver production exceeding the Company’s expectations for 2016. The Company is suspending Lucky Fully Diluted: 399.8 million Friday and Company-wide 2017 silver production estimates, because it is unable to predict when the Market Capitalization: $ 2.11B (1) ongoing strike at the Lucky Friday mine will be resolved. Multiple Secure Revenue Streams Strong Cash Flow Flexibility Low Political Risk Jurisdictions Strong Healthy Cash Margins Investment Established Work Force Fundamentals Strong Financial Position Commitment to Safety Four High-Quality Operations Operating Mines Greens Creek – Admiralty Island, Alaska ■ One of the world’s largest and lowest-cost primary silver mines.