Hecla Mining (NYSE:HL) is a leading precious metals mining company primarily engaged in the exploration, development, and production of silver, gold, zinc, and lead. Established in 1891 and named after Mount Heccla in Iceland, the company has built a diversified portfolio of operating mines and advanced-stage projects across North America. Hecla’s core operating assets include the Greens Creek mine in Alaska, the Lucky Friday mine in Idaho, the Casa Berardi mine in Quebec, and the San Sebastián mine in Mexico. These operations leverage both underground and open-pit mining methods, supported by in-house processing facilities that produce refined silver and gold concentrates.
At Greens Creek, one of the world’s largest silver producers, Hecla employs a combination of cut-and-fill and long-hole stoping techniques to extract high-grade ore. The Lucky Friday mine, known for its complex vein system, has been in continuous operation since the mid-20th century and contributes significant by-product zinc and lead metal. Casa Berardi, acquired in 2017, marks Hecla’s expansion into Canada and offers a balanced mix of gold and silver output. In Mexico, the San Sebastián project enhances the company’s footprint in a region historically rich in precious metal deposits, where modern exploration programs continue to expand resources.
Throughout its history, Hecla has maintained a focus on responsible mining practices, integrating environmental stewardship and community engagement into every phase of its operations. The company invests in water management, waste rock and tailings monitoring, and land reclamation initiatives designed to minimize its ecological footprint. Hecla also supports local communities through infrastructure development, educational programs, and partnerships with indigenous groups, particularly in regions where mining is a key economic driver.
Under the leadership of President and Chief Executive Officer Phillips S. Baker Jr., Hecla continues to pursue strategic growth opportunities, both through organic exploration and targeted acquisitions. Its management team emphasizes cost control, operational efficiency, and innovation in metallurgical processes. As Hecla advances its development pipeline, including district-scale projects in the United States and Mexico, the company aims to sustain long-term production and deliver consistent value to shareholders while upholding its commitment to safety, sustainability, and social responsibility.
