Hecla Mining Company's CEO Discusses Q1 2012 Results - Earnings Call Transcript

Hecla Mining Company (HL)

Q1 2012 Earnings Call

May 8, 2012 1:00 PM ET

Executives



Jim Sabala – SVP and CFO

Phil Baker – President and CEO

Larry Radford – VP, Operations

Dean McDonald – VP, Exploration

Analysts



Chris Lichtenheldt – UBS

John Bridges – JP Morgan

Trevor Turnbull – Scotia Capital

David Bond – Metals Week

Mike Curran – RBC

Jorge Beristain – Deutsche Bank

Steve Butler – Canaccord

Bill Fernandez – Private Investor

Joseph Reagor – Global Hunter Securities

Presentation



Operator

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Good afternoon, ladies and gentlemen, and welcome to the First Quarter 2012 Hecla Mining Company Earnings Conference Call. My name is Chris and I will be your conference moderator for today. Presently, all participants are in a listen-only mode. Later we will facilitate a question-and-answer session. (Operator Instructions)

At this time, I would now like to turn the conference over to your presenter for today, Mr. Jim Sabala, Senior Vice President and Chief Financial Officer. Sir, you may proceed.

Jim Sabala

Thank you very much, operator. Welcome everybody and thank you for joining us for Hecla’s first quarter 2012 financial and operational results conference call. Our new release that was issued this morning before market opened and today’s presentation are available on Hecla’s website. In addition, Hecla issued another release today declaring its third consecutive silver price-linked dividend on common stock and a stock repurchase program.

On today’s call, we have Phil Baker, Hecla’s President and Chief Executive Officer; myself; Larry Radford, Hecla’s new VP-Operations; and Dean McDonald, Vice President of Exploration.

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