Dean Gehring
On May 22, 2025, the Company announced the Board of the Company appointed Dean Gehring as a Class I director (standing for election in 2026, to fill the resulting vacancy of the retirement of Mr. Johnson), effective May 21, 2025.
Highest-materiality recent filing
Hecla completes $263M 7.25% senior note redemption, achieves debt-free balance sheet
Redeemed remaining $263M 7.25% Senior Notes due 2028 using proceeds from Casa Berardi sale and cash on hand.
Hecla sells Casa Berardi to Orezone for up to $593M; to redeem $263M notes
Closed March 25: received $160M cash + 65.8M Orezone shares ($95.5M); deferred payments up to $80M; contingent royalty up to $241M.
Hecla closes Casa Berardi sale for $160M cash + 65.8M Orezone shares; redeems $263M notes
Sale of Casa Berardi to Orezone affiliate closed: $160M cash, 65.8M Orezone shares, plus up to $321M deferred/contingent.
Hecla reports 231M oz silver reserves, nearly doubles exploration budget to $55M in 2026
Silver reserves 231M oz after producing 17M oz in 2025; peer-leading average reserve life nearly double industry average.
Hecla sells Casa Berardi to Orezone for up to $593M, focusing on silver portfolio
Total consideration up to $593M: $160M cash, ~$112M in Orezone shares, $80M deferred, plus up to $241M contingent.
FY2025 silver production 17.0M oz (+5% YoY) and gold 150,509 oz, both at top end of guidance.
Q2 2025 operating and financial results released; no specific figures provided in the 8-K body.
Hecla reports 240M oz silver reserves, second highest in 134-year history; Keno Hill up 17%
Silver proven & probable reserves of 240M oz, second highest ever, up 1% YoY.
Hecla names Rob Krcmarov CEO; promotes Carlos Aguiar to COO
Rob Krcmarov, former Barrick EVP of Exploration, appointed Hecla President and CEO effective Nov 7, 2024.
Hecla Q2 preliminary silver production up 6% QoQ; Keno Hill output jumps 39%
Silver production 4.5M oz in Q2, up 6% from Q1; YTD silver up 10% vs 2023.
Hecla Mining appoints Catherine J. Boggs as Interim CEO with $106,000 monthly fee
Boggs appointed Interim President & CEO effective May 22, 2024, while search for permanent CEO proceeds.
Hecla CEO Phillips Baker Jr. retires; Chair Cassie Boggs named interim CEO
CEO Phillips S. Baker Jr. retired and resigned from the Board effective May 22, 2024, after nearly 23 years of service.
Hecla Q1 net loss $5.9M, silver production up 43% QoQ, Lucky Friday full production
Net loss of $5.9M ($0.01/share); adjusted net income of $6.5M ($0.01/share).
Silver production 4.2M oz (+43% vs Q4 2023); gold 36,592 oz (in line).
Hecla reports second-highest silver reserves at 238M oz and largest gold resource in history
Silver reserves 238M oz, only 1% below all-time high; Keno Hill reserves up 10% to 55M oz (45% since acquisition).
Hecla 2023 silver production 14.3M oz (+1% YoY); Lucky Friday restarts production
Silver production of 14.3M oz exceeded 2022's 14.2M oz despite Lucky Friday shutdown since August 2023.
Hecla reports Q3 preliminary silver +8% YTD; Lucky Friday suspended rest of 2023
Silver production 11.4M oz YTD (up 8% YoY); gold production 114k oz (down 14% YoY).
Hecla Lucky Friday fire: production suspended through 2023; 2023 silver guidance cut to 14.5-15.5Moz
Fire in Lucky Friday #2 shaft extinguished; new secondary egress being built via 1,600-ft ramp extension and 290-ft manway raise.
Lucky Friday mine fire to impact production, cost guidance; plan pending
Fall of ground in #2 shaft caused by a contained fire; no personnel in mine at time.
Keno Hill produced 184,264 oz silver in Q2 2023, with June throughput of 330 tpd, ramping toward 440 tpd target.
Hecla completes ATAC acquisition for ~$18.8M in stock; Casa Berardi restarts June 29
Acquired all ATAC shares for 3,676,904 Hecla shares (~$18.8M) at 0.0166 exchange ratio.
Hecla Q1 silver production up 10% QoQ to 4.0M oz; gold down 9% to 39,571 oz
Silver production 4,041,878 oz (+10% vs Q4 2022); gold 39,571 oz (-9%).
Hecla Mining signs definitive agreement to acquire ATAC Resources for C$31M in stock
Hecla to acquire all ATAC shares for 0.0166 Hecla share per ATAC share, total 3,693,516 Hecla shares valued at ~C$31M.
Hecla reports record silver reserves of 240M oz, up 21% YoY; gold reserves down 6%
Silver proven & probable reserves increased 21% to >240M oz, highest in company history, driven by Keno Hill acquisition adding ~50M oz.
Hecla reports 14.2M oz silver in 2022, up 10% YoY; union ratifies 6-year Lucky Friday deal
Silver production 14.2M oz in 2022, up 10% YoY, exceeding guidance; gold production 175,807 oz, down 13%.
On May 22, 2025, the Company announced the Board of the Company appointed Dean Gehring as a Class I director (standing for election in 2026, to fill the resulting vacancy of the retirement of Mr. Johnson), effective May 21, 2025.
Mr. George R. Johnson, a member of the Board of Directors (“Board”), submitted his letter of resignation to Hecla Mining Company (“Company,” “our,” “we,” or “Hecla) effective after the Annual Meeting held on May 21, 2025, due to his desire to retire.
the Company announced that its Board of Directors (the “Board”) had appointed Mr. Robert Krcmarov, age 60, as President and Chief Executive Officer, effective November 7, 2024.
Mr. Krcmarov succeeds Catherine J. Boggs, who has served as Interim President and Chief Executive Officer since May 22, 2024.
the Company announced the Board of the Company had increased the size of the Board, and appointed Mr. Robert Krcmarov as a Class I director (standing for election in 2026), to fill the resulting vacancy, effective November 7, 2024.
On October 16, 2024, the Company announced the Board of Directors (“Board”) of Hecla Mining Company (the “Company”) had increased the size of the Board, and appointed Jill Satre as a Class III director (standing for election in 2025), to fill the resulting vacancy, effective October 16, 2024.
appointed Catherine J. Boggs to serve as Interim President and Chief Executive Officer effective May 22, 2024.
The Company also named Charles B. Stanley to serve as Independent Lead Director.
the Company announced Mr. Baker’s retirement and that its Board of Directors (the “Board”) appointed Catherine “Cassie” J. Boggs to serve as Interim President and Chief Executive Officer.
On May 22, 2024, Phillips S. Baker, Jr., the President and Chief Executive Officer and a director of Hecla Mining Company (the “Company”), informed the Company that he retired from his officer position and resigned his director position effective immediately
the Board of Directors (“Board”) of Hecla Mining Company (the “Company”) had increased the size of the Board, and appointed Mark P. Board as a Class II director (standing for election in 2024), to fill the resulting vacancy, effective February 22, 2024.
Lauren M. Roberts notified the Company that he intends to retire as Senior Vice President – Chief Operating Officer of the Company as of December 31, 2023.
Max materiality 0.85 · Median 0.55 · Most common event other_material