DALLAS, Nov. 5, 2009 (GLOBE NEWSWIRE) -- InvestorSoup.com announces an investment report featuring Hecla Mining Co. (NYSE: HL). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.
The investment report on Hecla Mining Co. (NYSE:HL) should be of particular interest to other gold and silver mining companies: POSCO (NYSE:PKX), United States Steel Corp. (NYSE:X), Arcelor Mittal (NYSE:MT) and Nucore Corp. (NYSE:NUE).
It is available at: http://www.investorsoup.com/lp/HL
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Hecla Mining Company (HL) is a provider of precious and base metals to the United States economy and worldwide. The Company acquires, develops, produces, and markets silver, gold, lead and zinc. HL produces lead, zinc and bulk concentrates, which it sells to custom smelters, and unrefined gold bullion bars (dore), which may be sold as dore or further refined before sale to precious metals traders.
Message Board Search for HL: http://www.boardcentral.com/boards/HL
In the report, the analyst notes:
"HL last month announced improved operating performance, increased exploration spending and an update on the development plans for the Lucky Friday mine. HL's operations continue to show marked improvement as a result of previously implemented plans which focused on lowering cash costs through cost-cutting and optimization programs. Increased production volumes, improved grade control measures and greater availability of hydroelectric power at the Green Creek mine have led to lower operating costs in 2009 compared with 2008.
"HL recently announced that it has fully repaid its outstanding term loan that was used to acquire the remaining 70% of the Greens Creek mine in April 2008. HL's payment of $38.3 million was made from the company's available cash resources, which, at quarter-end, were more than $80 million. In addition, HL has entered into a three year, $60 million senior-secured revolving credit facility."
To read the entire report visit: http://www.investorsoup.com/lp/HL
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