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Hecla Mining Company (HL) investor relations material
Hecla Mining Company Mining Forum Americas 2026 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Strategic positioning and legacy
135-year history demonstrates resilience and accountability to generations of stakeholders.
Operations and projects are exclusively in Canada and the US, minimizing geopolitical risks.
Peer-leading silver exposure in both revenue and reserves, with a focus on organic growth.
Reserve mine life averages 13.3 years, 72% longer than peers, supporting long-term planning.
Cost excellence achieved as lowest cost producer in 2025, protecting margins.
Operational highlights and growth pipeline
Three operating mines: Greens Creek (Alaska), Lucky Friday (Idaho), and Keno Hill (Yukon), plus a broad exploration portfolio.
Largest silver producer in the US and Canada, with a stable, long-lived reserve base.
Silver comprised 68% of Q2 2026 revenue, highest among peers; minimal exposure to oil price volatility.
2026 silver production guidance is 15.1–16.1 million ounces, with medium-term upside from Greens Creek and Keno Hill projects.
Long-term growth potential includes Keno Hill expansion, Midas restart, and Aurora and Hollister projects.
Project and operational updates
Greens Creek pyrite concentrate circuit targets 1–1.2 million oz silver and 10,000–15,000 oz gold annually, with first production in late 2027 or early 2028.
Tailings reprocessing at Greens Creek holds 51 million oz silver and 600,000 oz gold; phase three metallurgical test work completed in August.
Midas (Nevada) has a fully permitted mill and tailings dam, with ongoing exploration and evaluation for restart.
All three key projects are low capital intensity, supporting disciplined capital allocation.
- Industry-leading silver producer with strong margins, growth pipeline, and record exploration spend.HL
Corporate presentation - Industry-leading silver producer with strong financials, low costs, and robust growth pipeline.HL
Investor presentation - $136M free cash flow and record silver output alongside a debt-free balance sheet.HL
Q2 2026 - All proposals passed, with a new focus on long-term fixed-price agreements for revenue stability.HL
AGM 2026 - Strong Q1 2026 results, long reserve lives, and low costs drive growth and free cash flow.HL
Investor presentation - Record revenue, debt-free status, and strong free cash flow support a robust 2026 outlook.HL
Q1 2026 - Debt-free, low-cost producer targeting 20M oz silver with record exploration and growth ahead.HL
Mining Forum Europe 2026 - Record silver output and strong prices drove record revenue and improved financial strength.HL
Q2 2024 - Record sales and EBITDA, with Keno Hill's first profit and updated cost guidance for 2025.HL
Q1 2025
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