Corporate Profile for Hecla Mining Co., dated Dec. 8.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and information services See Information Systems. . These include Dow Jones News/Retrieval, Bloomberg Financial Markets, Reuter Company Newsyear, Reuter Business Briefing, DataTimes, Nexis, Dialog, NewsNet, America OnLine, CompuServe, Delphi, Individual's HeadsUp and First!, Desktop Data's NewsEdge, UMI UMI University Microfilms International UMI United States Minor Outlying Islands (ISO Country code) UMI University of Miami UMI Universal Management Infrastructure (IBM) Data Courier, NewsBank, Information Access Company and many others. -0- Published date: Dec. 8, 1995 Company name: Hecla Mining Co.
Address: 6500 Mineral Drive
Coeur d'Alene, ID 83814
Telephone No.: 208/769-4100 Chief Executive Officer: Arthur Brown Chief Financial Officer: John P. Stilwell Investor Relations Contact: William B. Booth Business number: 208/769-4126 Public Relations Contact: Vicki J. Veltkamp Business number: 208/769-4144 Home number: 208/772-6897 Trading symbol: HL Industry: Mining Company description: Hecla is a 104-year-old mining company operating principally in the United States and Mexico. A well-known silver producer, the company also produces gold. Its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Kentucky-Tennessee Clay Co., is a major supplier of ball clay, kaolin kaolin (kā`əlĭn): see china clay. and feldspar feldspar (fĕl`spär, fĕld`–) or felspar (fĕl`spär), an abundant group of rock-forming minerals which constitute 60% of the earth's crust. . The common and preferred shares Preferred shares Preferred shares give investors a fixed dividend from the company's earnings and entitle them to be paid before common shareholders. See: Preferred stock. of Hecla are traded on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbols HL and HL-PrB, respectively. In 1994, Hecla showed a loss of $326 million, on revenue of $134 million. During that year, the company's stock closed at a high of $14-3/4 and a low of $9-1/4. A leader in the silver business for decades, Hecla currently controls nearly 76 million ounces of proven and probable silver reserves. The company's silver mines have the potential to produce 8 million ounces annually by 1997. Lead and zinc are important by-products of the silver mining operations. Its gold reserves increased almost 400 percent since 1990. The company's industrial minerals segment, through Kentucky-Tennessee Clay and K-T K-T Cretaceous-Tertiary Feldspar, is a major supplier of raw materials for the ceramics industry. Hecla has more than 20 years of available reserves of ball clay, kaolin and feldspar. Other subsidiaries in the industrial minerals segment produce decorative rock and other products used primarily in the lawn and garden market. CONTACT: Hecla Mining |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion