[[HL]] — The Company acquires, develops, produces, and markets silver, gold, lead and zinc. Hecla Mining Company produces both metal 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.

During the year ended December 31, 2007, the Company was organized and managed into four segments represent its operating units and significant exploration interests: The Lucky Friday unit; The Greens Creek unit; The La Camorra unit and various exploration activities in Venezuela, and The San Sebastian unit and various exploration activities in Mexico. In July 2008, the Company completed the sale of all of the outstanding capital stock of El Callao Gold Mining Company and Drake-Bering Holdings B.V. to Rusoro MH Acquisition, Ltd., a wholly owned subsidiary of Rusoro Mining Ltd. (Rusoro)