Hecla Mining Company (NYSE:HL) Q2 2024 Earnings Conference Call August 7, 2024 10:00 AM ET

Company Participants

Anvita Patil - VP, IR and Treasurer
Cassie Boggs - Interim President and CEO
Russell Lawlar - SVP and CFO
Carlos Aguiar - VP, of Operations
Kurt Allen - VP, Exploration

Conference Call Participants

Nick Giles - B. Riley Securities
Heiko Ihle - H.C. Wainwright
Joseph Reagor - ROTH MKM
Kevin O'Halloran - BMO Capital Markets
Mike Parkin - National Bank

Operator

Hello, everyone, and welcome to the Second Quarter 2024 Hecla Mining Company Earnings Conference Call. Please note that this call is being recorded. [Operator Instructions] Thank you.

I'd now like to hand over to our first speaker for today, Anvita Patil. Please go ahead.

Anvita Patil

Good morning, Ellie, and thank you all for joining us for Hecla's second quarter 2024 results conference call. I'm Anvita Patil, Vice President of Investor Relations and Treasurer. Our earnings release that was issued yesterday, along with today's presentation are available on our website. On the call is Cassie Boggs, Interim President and Chief Executive Officer; Russell Lawlar, Senior Vice President and Chief Financial Officer; Carlos Aguiar, Vice President of Operations; and Kurt Allen, Vice President of Exploration. At the conclusion of our prepared remarks, we will all be available to answer your questions.

Any forward-looking statements made today by the management team come under the Private Securities Litigation Reform Act and involve risks as shown on Slide 2 in our earnings release and in our 10-K and 10-Q filings with the SEC. These and other risks could cause results to differ from those projected in the forward-looking statements. Non-GAAP measures cited in this call and related slides are reconciled in the slides or the news release. I want to remind you, if you would like to have a call with management, you can do so by using the link under the section Virtual Investor Event in our earnings release that was issued yesterday.

I will now pass the call to Cassie.

Cassie Boggs

Thanks, Anvita. Good morning everyone.

The quote goes, there's nothing permanent except change, and Hecla has seen its share of change over the years. But not only has Hecla survived these changes, it's also grown and thrived during these changes. This period of change and transition is not new to Hecla, and we've embraced it in the opportunities it presents.

Let me begin on Slide 3. Hecla's origins began all the way back in October 1891 in the Silver Valley of Idaho, about 50 miles east of where I'm sitting this morning. Since that time, the Company has not just withstood but thrived across macroeconomic events such as The Great Depression, the Great Financial Crisis of 2008, along with two world wars, the pandemic, and multiple other events over this time. Hecla has also withstood other more specific events, such as The 1910 Fires, which burned across much of Northern Idaho and Western Montana, and the low metal prices of the early 2000s.