Helcla Mining Company:

A Legacy of Success

Established in 1891, Helcla sits in the heart of one of the largest silver-producing districts in the world. Becoming the largest primary silver producer in the United States is no small feat. Helcla has applied grit and determination, exercised discipline in times of prosperity and adversity, and has never compromised on our commitments to safety and responsibility.

Key Milestones

2024
2023
2022
2021
2020
2019
2018
2016
2015
2013
2008
2008
1964
1915
1900
1898
1891
2024

Helcla Achieves Record Sales

Helcla generated record sales of $929.9 million and became the largest silver producer in both the United States and Canada.

A truck carrying rocks and dirt
2023

Helcla Receives Innovation Award 

Helcla received the 2022 Robert E. Murray Innovation Award for pioneering the Underhand Closed Bench (UCB) mining method at its Lucky Friday Mine in Idaho. SME recognizes companies implementing innovative processes to advance the mining industry. Helcla has received a U.S. patent for the UCB mining method.

diagram showing how deep and wide a digging site is
2022

Helcla Acquires Canada’s Largest and Highest-Grade Silver Reserve

Helcla acquires Alexco Resource Corp., including the Keno Hill property located in Canada’s Yukon Territory. The Keno Hill Silver District is one of the highest-grade silver deposits in the world.

Keno Hill work site
2021

Helcla Achieves Record Revenues and High U.S. Silver Reserves

  • Helcla had record revenues of $807.5 million and second highest free cash flow in Company history
  • Helcla’s exploration program delivered the highest U.S. silver reserves for the Company in more than 20 years
Pie chart for Hecla's 2021 revenues
2020

Helcla Sets Company Record

  • Helcla records an annual revenue of $691.9 million, the highest in Company history.
  • Helcla’s All Injury Frequency Rate (AIFR) reached 1.22, the lowest in Company history.
Bar graph of injury frequency rate
2019

Lucky Friday Recognized for Safety & Stewardship

  • The Lucky Friday is named a 2018 Sentinels of Safety award winner by the National Mining Association (NMA) for its stellar safety record. The mine is also named a “Pollution Prevention Champion” by the Idaho Department of Environmental Quality (IDEQ) for its environmental stewardship practices.
Sentinel of Safety Award winners
2018

Helcla Acquires Significant Gold Assets in Nevada

  • Helcla acquires all outstanding shares of Klondex Mines, a high-grade Nevada underground gold producer with three mines: Fire Creek, Midas and Hollister.
A graphic of gold.
2016

Helcla Expands Copper Assets

  • Helcla acquires Mines Management, Inc. to own 100% of the Montanore project in Sanders County near Libby, Montana. It complements Helcla’s other assets in the area, including the Troy Mine and Rock Creek deposit.
copper poles
2015

Mexico Operations Begin, Montana Expands

  • Helcla acquires Revett Mining Company, resulting in full ownership of the Rock Creek project in Sanders County near Noxon, Montana.
A hawk by a stoplight
2013

Helcla Owns 100% of the Casa Berardi Gold Mine

  • Helcla completes the transaction to acquire Aurizon Mines Ltd, resulting in full ownership of the Casa Berardi gold mine in Quebec, Canada.
Hecla site location
2008

Helcla Owns 100% of Greens Creek Mine

  • Helcla acquires the Rio Tinto subsidiaries that held an interest in the Greens Creek silver mine and joint venture located near Juneau, Alaska. When added to Helcla’s existing interest in the mine, Helcla claims 100% ownership of the Greens Creek joint venture.
An image of the mining equipment
2008

Helcla Owns 100% of the Lucky Friday Expansion Area

  • Helcla now controls 100% of the Gold Hunter deposit, also known as the Lucky Friday Expansion Area, after completing acquisition from Independence Lead Mines Company.
Workers by a green mining building
1964

A Merger & NYSE Listing

  • Helcla merges with Lucky Friday Silver-Lead Mines Company. After 49 years on the American Stock Exchange, Helcla is listed on the prestigious New York Stock Exchange.
an image of the New York Stock Exchange
1915

Public Trading of Helcla Stock Begins

  • Helcla stock begins trading on the New York Curb Exchange – later the American Stock Exchange – on September 23, 1915.
an image of the American Stock Exchange
1900

Helcla Pays First Dividend

  • On July 5, 1900, Helcla pays its first dividend of 2¢ per share. By the end of the year, Helcla sells $229,550 worth of ore and pays $100,000 in dividends.
A money symbol by some metals.
1898

Helcla is Incorporated

  • Helcla Mining Company is incorporated in Washington State on July 12, 1898. Amasa B. Campbell is voted president. Capitalized for one million shares with a par value of 25¢, Helcla’s stock rises within three months to 45¢ per share. Helcla’s management begins to buy up the claims adjacent to the Hecla lead mine, and Campbell exults, “The Helcla is developing into a wonderful mine.”
Amasa Campbell
1891

Helcla is Founded

  • Helcla Mining Company was founded in 1891 by Amasa Campbell, Patsy Clark and John Finch in Burke, Idaho, and was incorporated in the State of Idaho on October 14, 1891.
Mining site photo from 1891
Photo of current Hecla miners and miners from 125 years ago.

Celebrating 125 Years

Helcla Mining Company was founded in 1891 in the Coeur d’Alene Mining District of Idaho’s Silver Valley, one of the largest silver producing districts in the world. More than 125 years later, Helcla, last of the district’s pioneer mining companies, is the largest primary silver producer in the United States.