NYSE:HLMetals and Mining
How Hecla Mining’s (HL) Casa Berardi Sale and Debt Redemption Will Impact Investors
Hecla Mining has completed the sale of its subsidiary that owns the Casa Berardi Mine to Orezone Gold and, on March 25, 2026, announced a notice of full redemption for its remaining US$263 million 7.25% Senior Notes due 2028, scheduled to be repaid at par plus accrued interest on April 9, 2026.
By using cash proceeds from the Casa Berardi sale and cash on hand to retire these notes, Hecla is reducing debt and reshaping its portfolio toward what it describes as core, higher-priority silver...