Latest news with #Hecla
Yahoo
21-05-2025
- Business
- Yahoo
Hecla Releases 2024 Sustainability Report
COEUR D'ALENE, Idaho, May 21, 2025--(BUSINESS WIRE)--Hecla Mining Company (NYSE:HL) has released its 2024 Sustainability Report, highlighting the Company's environmental, social and governance (ESG) performance. "Throughout Hecla's storied history, we have distinguished ourselves not only as a preeminent silver producer but as a pioneer in sustainable mining practices," said Rob Krcmarov, President and CEO of Hecla Mining Company. "In 2024, we demonstrated that responsible mining goes hand-in-hand with financial and operational success, achieving our second-highest silver production while maintaining high environmental standards. Our sustainability work, from wildlife protection and environmental monitoring to supporting local communities, is essential to producing the silver that the world needs to power our future. With unwavering commitment to excellence and guided by our values, we continue to create long-term value for all our stakeholders." HIGHLIGHTS OF 2024 SUSTAINABILITY REPORT Over $1 billion direct economic impact to local communities Over 40 thousand hours of safety & health training hours Women comprise 38% of our Board of Directors 38% reduction in Scope 1 & 2 GHG emissions from our 2019 baseline Hecla's subsidiary, Elsa Reclamation and Development Company Ltd. (ERDC), will conduct its largest Yukon reclamation project in 2025, restoring historically mined areas for community benefit. REPORTING FRAMEWORKS Hecla prepared the Sustainability Report with reference to the Global Reporting Initiative (GRI) Standards and benchmarked its performance against the Sustainability Accounting Standards Board (SASB) Metals and Mining standards and against relevant aspects of the Task Force on Climate-Related Financial Disclosures (TCFD). Hecla also reported against the Mining Association of Canada's Towards Sustainable Mining (TSM) framework for its Casa Berardi mine in Quebec, Canada. The full 2024 Sustainability Report, along with the ESG data tables and GRI, SASB, TCFD, and TSM content indices, can be accessed on Hecla's website here. ABOUT HECLA Founded in 1891, Hecla Mining Company (NYSE: HL) is the largest silver producer in the United States and Canada. In addition to operating mines in Alaska, Idaho, and Quebec, Canada, the Company is developing a mine in the Yukon, Canada, and owns a number of exploration and pre-development projects in world-class silver and gold mining districts throughout North America. View source version on Contacts For further information, please contact: Mike ParkinVice President – Strategy and Investor Relations Cheryl TurnerCommunications Coordinator Investor RelationsEmail: hmc-info@ Website: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
21-05-2025
- Business
- Business Wire
Hecla Releases 2024 Sustainability Report
COEUR D'ALENE, Idaho--(BUSINESS WIRE)--Hecla Mining Company (NYSE:HL) has released its 2024 Sustainability Report, highlighting the Company's environmental, social and governance (ESG) performance. "Throughout Hecla's storied history, we have distinguished ourselves not only as a preeminent silver producer but as a pioneer in sustainable mining practices," said Rob Krcmarov, President and CEO of Hecla Mining Company. "In 2024, we demonstrated that responsible mining goes hand-in-hand with financial and operational success, achieving our second-highest silver production while maintaining high environmental standards. Our sustainability work, from wildlife protection and environmental monitoring to supporting local communities, is essential to producing the silver that the world needs to power our future. With unwavering commitment to excellence and guided by our values, we continue to create long-term value for all our stakeholders." HIGHLIGHTS OF 2024 SUSTAINABILITY REPORT Over $1 billion direct economic impact to local communities Over 40 thousand hours of safety & health training hours Women comprise 38% of our Board of Directors 38% reduction in Scope 1 & 2 GHG emissions from our 2019 baseline Hecla's subsidiary, Elsa Reclamation and Development Company Ltd. (ERDC), will conduct its largest Yukon reclamation project in 2025, restoring historically mined areas for community benefit. REPORTING FRAMEWORKS Hecla prepared the Sustainability Report with reference to the Global Reporting Initiative (GRI) Standards and benchmarked its performance against the Sustainability Accounting Standards Board (SASB) Metals and Mining standards and against relevant aspects of the Task Force on Climate-Related Financial Disclosures (TCFD). Hecla also reported against the Mining Association of Canada's Towards Sustainable Mining (TSM) framework for its Casa Berardi mine in Quebec, Canada. The full 2024 Sustainability Report, along with the ESG data tables and GRI, SASB, TCFD, and TSM content indices, can be accessed on Hecla's website here. ABOUT HECLA Founded in 1891, Hecla Mining Company (NYSE: HL) is the largest silver producer in the United States and Canada. In addition to operating mines in Alaska, Idaho, and Quebec, Canada, the Company is developing a mine in the Yukon, Canada, and owns a number of exploration and pre-development projects in world-class silver and gold mining districts throughout North America.
The Market Online
05-05-2025
- Business
- The Market Online
Dolly Varden Silver quadruples portfolio in B.C.'s Golden Triangle
Dolly Varden Silver (TSXV:DV) signed a definitive agreement to acquire the Kinskuch property from Hecla Mining (NYSE:HL), quadrupling its presence in British Columbia's Golden Triangle Dolly Varden is a junior miner advancing its Kitsault Valley gold and silver project in British Columbia, which is estimated to contain over 32.9 million ounces of silver equivalent indicated and 11.4 million ounces inferred The Canadian silver stock has given back 5.73 per cent year-over-year but remains up by 217.54 per cent since 2020 Dolly Varden Silver (TSXV:DV) signed a definitive agreement to acquire the Kinskuch property from Hecla Mining (NYSE:HL), quadrupling its presence in British Columbia's Golden Triangle. The acquisition expands Dolly Varden's flagship Kitsault Valley project into numerous underexplored areas prospective for silver, gold and copper mineralization. These include: Claims to the southwest that trend to within 7 km of Goliath Resources' recent Surebet gold discovery. An area south of the Big Bulk project with the potential to host additional gold-copper porphyry systems on trend with the Kitsault molybdenum porphyry deposit being advanced by Newmoly. Consideration of $5 million will be paid through 1,351,963 DV shares, with Hecla retaining a 2 per cent net smelter return royalty, half of which Dolly Varden can buy back for $5 million at any time. According to Monday's news release, Hecla Mining currently owns about 13.3 per cent of Dolly Varden's outstanding common shares and will maintain a position on the junior miner's technical committee to help to unlock value from Kinskuch. Leadership insights 'Consolidating Dolly Varden's Kitsault Valley project with our major shareholder Hecla's large and underexplored claims covering prospective Hazelton Group rocks will allow for more efficient exploration and enable us to unlock value on our path to be a premier precious metals company,' Shawn Khunkhun, president and chief executive officer of Dolly Varden Silver, said in a statement. 'Additionally, we welcome Hecla's increased share ownership in our company.' 'We will be using our structural and lithological framework model developed at the Kitsault Valley trend that has led our team to significant discoveries, such as the Wolf vein, and applying it to exploration of the Illiance trend. Hecla was successful in identifying a subparallel trend of silver-rich mineralization, located to the east of our significant silver and gold deposits,' added Rob van Egmond, Dolly Varden's vice president of exploration. About Dolly Varden Silver Dolly Varden is a junior miner advancing its Kitsault Valley gold and silver project in British Columbia. The project, on trend with the high-grade Eskay Creek and Brucejack deposits, is estimated to contain over 32.9 million ounces of silver equivalent indicated and 11.4 million ounces inferred, representing over US$1.4 billion in the ground. The Canadian silver stock (TSXV:DV) opened with a again of 2.84 per cent trading at C$3.62. The stock has given back 5.73 per cent year-over-year but remains up by 217.54 per cent since 2020. Join the discussion: Find out what everybody's saying about this Canadian silver stock on the Dolly Varden Silver Corp. Bullboard and check out Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
Business Wire
22-04-2025
- Business
- Business Wire
Hecla's Libby Exploration Project Selected for FAST-41 Critical Minerals Dashboard by the Trump Administration
COEUR D'ALENE, Idaho--(BUSINESS WIRE)--Hecla Mining Company (NYSE:HL) is pleased to announce that its Libby Exploration Project in Montana was included in the Trump Administration's March 18, 2025, announcement of advancing critical mineral projects under Executive Order 14241, Immediate Measures to Increase American Mineral Production. As a result, the Project has been placed on the Federal Permitting Improvement Steering Council's FAST-41 permitting dashboard, which will ensure the environmental review and authorizations schedule for the project is publicly available and allows all stakeholders to benefit from increased transparency. 'We're pleased that the Libby Exploration Project has been recognized in the White House's critical minerals initiative and added to the FAST-41 dashboard. This priority status acknowledges the strategic importance of developing domestic silver and copper resources and should help streamline the remaining permitting process as we move toward a final Record of Decision. Hecla also extends its thanks to Montana's congressional delegation for their leadership in showing strong support for the Project and encouraging domestic mineral production and investment in Montana,' said Rob Krcmarov, President and CEO. 'Having a fully permitted project would add significant optionality to our portfolio, and this milestone positions us well for the future. While we continue to evaluate the project economics and address technical challenges, this designation enhances the project's long-term potential. As always, our capital allocation decisions will remain disciplined and focused on delivering shareholder value while we advance our understanding of this significant resource.' The Trump Administration's announcement may be found here: The Project link on the FAST-41 dashboard is here: Hecla's Libby Exploration Project is a large silver and copper deposit located 50 miles from the Company's Lucky Friday mine. A Plan of Operations is currently under an Environmental Assessment review by the U.S. Forest Service, and upon successful completion of that process, and if subsequent data collection and analysis activities suggest development of a mine is feasible, then a new Plan of Operations for the construction and development of a mine at the Libby Exploration site would be submitted for approval. ABOUT HECLA Founded in 1891, Hecla Mining Company (NYSE: HL) is the largest silver producer in the United States and Canada. In addition to operating mines in Alaska, Idaho, and Quebec, Canada, the Company is developing a mine in the Yukon, Canada, and owns a number of exploration and pre-development projects in world-class silver and gold mining districts throughout North America. Cautionary Statement Regarding Forward-Looking Statements. This news release contains 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbor created by such sections and other applicable laws, including Canadian securities laws. Words such as 'may', 'will', 'should', 'expects', 'intends', 'projects', 'believes', 'estimates', 'targets', 'anticipates' and similar expressions are used to identify these forward-looking statements. Such forward-looking statements include the possibility of submitting a new Plan of Operations for the Libby Exploration Project and subsequently constructing a mine. For a detailed discussion of risks and other factors impacting these forward-looking statements, see the Company's 2024 Form 10-K filed on February 13, 2025. The Company undertakes no obligation and has no intention of updating forward-looking statements other than as may be required by law.
Business Wire
22-04-2025
- Business
- Business Wire
Hecla's Loralee Johnstone Honored with Prestigious King Charles III Coronation Medal in Yukon
COEUR D'ALENE, Idaho--(BUSINESS WIRE)--Hecla Mining Company (NYSE:HL) wishes to congratulate Loralee Johnstone, Hecla's Director of Indigenous Affairs and Canadian Community Relations, on the tremendous honor of receiving the King Charles III Coronation Medal. This prestigious recognition celebrates Loralee's unwavering dedication to championing responsible and sustainable mining practices throughout the Yukon. The Coronation Medal commemorates the Coronation of His Majesty, King Charles III, as King of Canada. The medal is administered by the Chancellery of Honors at Rideau Hall in Ottawa. The Coronation Medal is a national honor awarded to individuals who have demonstrated exceptional leadership, service and dedication to their communities. "We at Hecla are immensely proud of Loralee for receiving the prestigious King Charles III Coronation Medal. This honor recognizes Loralee's commitment to responsible and sustainable mining practices in the Yukon. Her work exemplifies the values we strive for, and this recognition from the Crown is truly well deserved. Loralee's achievements strengthen our commitment to being responsible stewards of both the environment and the communities where we operate,' said Rob Krcmarov, President and CEO. 'It is a tremendous honor to be recognized with such incredible individuals who contribute selflessly to make our territory and country a better place. It is also a privilege to work for a company that embodies and supports my personal contributions to sustainability and continuous improvement in our industry,' added Loralee Johnstone on receiving the medal. ABOUT HECLA Founded in 1891, Hecla Mining Company (NYSE: HL) is the largest silver producer in the United States and Canada. In addition to operating mines in Alaska, Idaho, and Quebec, Canada, the Company is developing a mine in the Yukon, Canada, and owns a number of exploration and pre-development projects in world-class silver and gold mining districts throughout North America.
