Hecla Mining Company (HL)

Overview

Hecla Mining Company, established in 1891, operates as a leading miner with its headquarters in Coeur d'Alene, Idaho. Specializing in the extraction and production of precious and base metals, Hecla Mining has expanded its operations across the United States, Canada, Japan, Korea, and China. Its flagship project, the Greens Creek mine, is strategically located on Admiralty Island in southeast Alaska, playing a critical role in the company's portfolio. Through its subsidiaries, Hecla Mining combines its extensive industry experience with innovative mining techniques to secure and process high-quality mineral resources.

Products and Services

• Silver Concentrates: Hecla Mining extracts silver from its mines, mostly in the form of concentrates. These concentrates are then sold to custom smelters and metal traders, where they undergo further processing into pure silver or silver-containing products.
• Gold Concentrates: Similar to silver, gold is mined and processed into concentrates. These are sold to various third parties for smelting and refining, resulting in pure gold or gold products that enter various markets, from electronics to jewelry.
• Lead and Zinc Concentrates: As by-products of the silver and gold mining processes, lead and zinc concentrates are also produced. These concentrates are essential materials for smelters and metal traders, finding their way into numerous industrial applications, such as batteries for lead and galvanizing for zinc.
• Carbon Material: The carbon material containing silver and gold is another product offered by Hecla Mining. This specific material caters to custom smelters and metal traders, presenting a unique resource for silver and gold recovery and processing.
• Doré Containing Silver and Gold: In addition to concentrates, the company produces doré bars - a semi-pure alloy of gold and silver. These bars are then refined further to extract precious metals in their purest form, serving the needs of refiners and investors alike.