Page 8 - HMC_2014AR_Cover_032615.indd
P. 8

 HL . 6
29% zinc
10% lead
41% silver
20% gold
55% silver
2014 CONSOLIDATED REVENUE BY METAL (1)
precious and base metals
While Hecla is known as a silver company that produces gold as well, we’re also the third-largest producer of lead and zinc in the U.S. This is a great advantage in a volatile price environment: the price of gold and silver tend to move together, but lead and zinc often don’t move with the precious metals, giving us a natural revenue hedge. We also hedge a portion of our lead and zinc production, cushioning us further against price volatility and de-risking the business.
17% zinc
12% lead
31% silver
40% gold
(1) Based on realized prices 2014: $18.46 Silver; $1,262 Gold; $0.98 Lead; $0.99 Zinc
GREENS CREEK
49% of consolidated revenue
LUCKY FRIDAY
18% of consolidated revenue
CASA BERARDI
33% of consolidated revenue
Greens Creek
Admiralty Island, Alaska
Corporate Office
Vancouver, BC
Corporate Office
Coeur d’Alene, Idaho
Silver Valley
Wallace, Idaho
Lucky Friday
Mullan, Idaho
Monte Cristo
Esmeralda Co., Nevada
San Juan Silver
Creede, Colorado
San Sebastian
Durango, Mexico
Opinaca / Wildcat
James Bay, Quebec
Casa Berardi
Val d’Or, Quebec
Fayolle
Val d’Or, Quebec
Québec Office
Val d’Or, Quebec
Heva-Hosco
Val d’Or, Quebec
strength through diversification
11% zinc
34% lead
0.3% silver
Corporate Office Operating Mine Pre-development Project Exploration Project
99.7% gold















































   6   7   8   9   10