Drive continuous improvement through semi-automation and advanced analytics
Standardize systems and processes
Portfolio Optimization and Growth
Improve mine planning
Strategic review of assets (Casa Berardi)
Advance best exploration projects, unlock value for remainder
Pursue disciplined M&A
Focus on Returns, Free Cash Flow Generation
Prioritize high return projects
Strengthen balance sheet
Optimize capital allocation
Silver Market Leadership
Maintain position as largest U.S./Canadian producer
Focus on high-quality operations with 12+ year mine lives
Reliable production base in low-risk areas
ESG Leadership
Lead in environmental stewardship
Strengthen First Nations partnerships
Maintain safety excellence
Mill superintendent at Greens Creek
3
Operational Highlights
Produced 4.1Moz of silver and 34,232 oz of gold.
Lucky Friday set a new quarterly milling record of 108,745 tons.
Keno Hill silver production increased to 772,430 ounces, growing 23% over the prior quarter.
Initiated surface exploration programs at Midas in Nevada, with two drills to be active starting in the second quarter.
Libby Exploration Project in Montana placed on the Federal Permitting Improvement Steering Council's FAST-41 permitting dashboard.
Financial Highlights
Generated record sales of $261.3M and
record Adjusted EBITDA of $90.8M.
Reported net income applicable to common shareholders of $28.7M, or $0.05 per share. Adjusted earnings per share of $0.04.
Silver cash costs of $1.29/oz and AISC of
$11.91/oz; Gold cash cost of $2,195/oz and AISC of $2,303/oz
First profitable quarter at Keno Hill since acquisition, delivering $1.0M of gross profit.
Overall consolidated production, cost, and capital guidance maintained, site-specific cost guidance revised*.
HECLA MINING COMPANY
NYSE: HL
FIRST QUARTER 2025 CONFERENCE CALL
First Quarter Highlights
* Refer to 2025 Guidance Table in Appendix 4
FINANCIAL REVIEW
RESPONSIBLE. SAFE. INNOVATIVE.
5
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Hecla Mining Company published this content on May 02, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 02, 2025 at 14:21 UTC.
Hecla Mining Company discovers, acquires and develops mines and other mineral interests and produces and market concentrates containing silver, gold and other metals, carbon material containing silver and gold, and unrefined dore containing silver and gold. Its segments include Greens Creek, Lucky Friday, Keno Hill, Casa Berardi and Nevada Operations. The Company produces zinc, silver and precious metals flotation concentrates at Greens Creek and silver and zinc flotation concentrates at Lucky Friday. At Greens Creek, it also produces gravity concentrate containing payable silver, gold and lead. It also produces unrefined gold and silver bullion bars (dore) and loaded carbon and precipitates at Casa Berardi, which are shipped to refiners before sale of the metals to precious metal traders. Keno Hill is located in the Keno Hill Silver District in Canada's Yukon Territory. Nevada Operations consists of four land packages in northern Nevada totaling approximately 110 square miles.
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ESG MSCI
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