Hecla Mining Files 8-K

TL;DR

Hecla Mining filed an 8-K on April 8th, expect operational/financial updates soon.

AI Summary

Hecla Mining Company filed an 8-K on April 9, 2024, reporting events as of April 8, 2024. The filing pertains to their results of operations, financial condition, and other events, including financial statements and exhibits. Specific financial details or operational updates were not detailed in the provided text excerpt.

Why It Matters

This filing indicates that Hecla Mining Company is providing updates on its operational and financial status to the SEC, which is important for investors to monitor company performance.

Risk Assessment

Risk Level: low — The filing is a standard 8-K report and does not contain immediate negative news or significant financial distress indicators in the provided text.

Key Players & Entities

• HECLA MINING CO/DE/ (company) — Registrant
• Delaware (jurisdiction) — State of incorporation
• 6500 North Mineral Drive , Suite 200 (address) — Principal executive offices
• Coeur d’Alene , Idaho 83815-9408 (address) — Principal executive offices

FAQ

Key Financial Figures

• $0.25 — ich registered Common Stock, par value $0.25 per share HL New York Stock Exchang
• $17.4 million — the Lucky Friday mine and has collected $17.4 million of insurance proceeds during the first
• $50 million — e policy has an underground sublimit of $50 million and the Company expects to receive the

Filing Documents

• d798485d8k.htm (8-K) — 28KB
• d798485dex991.htm (EX-99.1) — 29KB
• g798485g0409040816853.jpg (GRAPHIC) — 4KB
• 0001193125-24-089833.txt ( ) — 225KB
• hl-20240408.xsd (EX-101.SCH) — 4KB
• hl-20240408_def.xml (EX-101.DEF) — 13KB
• hl-20240408_lab.xml (EX-101.LAB) — 22KB
• hl-20240408_pre.xml (EX-101.PRE) — 14KB
• d798485d8k_htm.xml (XML) — 6KB

From the Filing

8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 8-K C URRENT R EPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): April 8, 2024 HECLA MINING COMPANY (Exact name of registrant as specified in its charter) Delaware 1-8491 77-0664171 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 6500 North Mineral Drive , Suite 200 Coeur d'Alene , Idaho 83815-9408 (Address of principal executive offices) (Zip Code) (208) 769-4100 Registrant's telephone number, including area code Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.25 per share HL New York Stock Exchange Series B Cumulative Convertible Preferred Stock, par value $0.25 per share HL-PB New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item2.02 Results of Operations and Financial Condition. On April 8, 2024, Hecla Mining Company (the "Company") issued a news release ("Release") announcing certain preliminary production results for the first quarter ended March 31, 2024 and other updates. All measures of the Company's first quarter 2024 production results contained in the Release are preliminary and reflect the Company's expected results as of the date of the Release. Actual reported first quarter 2024 results are subject to management's final review as well as review by the Company's independent registered accounting firm and may vary significantly from current expectations because of a number of factors, including, without limitation, additional or revised information and changes in accounting standards or policies or in how those standards are applied. A copy of the Release is attached as Exhibit 99.1 to this Current Report and is incorporated herein by reference. In accordance with General Instruction B.2 of Form 8-K, the information in Item 2.02, including Exhibit 99.1, is being furnished and shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any of the Company's filings or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing. Item8.01 Other Events On April 8, 2024, the Company issued a news release which disclosed that it continues to work with the property insurer on the claim it has previously submitted relating to the fire at the Lucky Friday mine and has collected $17.4 million of insurance proceeds during the first quarter of 2024, and that the insurance policy has an underground sublimit of $50 million and the Company expects to receive the remaining proceeds during the year. Item9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 99.1 News Release dated April 8, 2024.* 104 Cover Page Interactive Data File (formatted as inline XBRL). * Furnished herewith 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. HECLA MINING COMPANY By /s/ David C. Sienko David C. Sienko Vice President and General Counsel Dated: April 9, 2024 3

View Full Filing

View this 8-K filing on SEC EDGAR