Beiträge von GoldenCentury

  • GOLD : Märkte und Informationen

    Nun,reiht man in diese Übersicht (bei Performance auf 1 Jahr) den NOAH ein, liegt er mit +18,45% an viertletzter Stelle...physisches Gold bei +48,50%....das ist für das Konzept schon ein Armutszeugnis...die Fehler hat er wohl in 2008 gemacht, voll investiert..und in 2009 dann teilweise reduziert....so landet man dann knapp vor dem "Relegationsplatz"... 8)



    Grüsse


    GC

  • Persönlicher Einkauf bei Münzen am Dom, Osnabrück, Herr Grünert

    Kann auch nur positives zu Münzen am Dom berichten, Online-Bestellung hat einwandfrei funktioniert....
    ok, er sollte vlt. die Preise öfters mal aktualisieren, auch könnte er die nicht mehr lieferbaren rausnehmen, aber das ist ein reines 1-Mann-Unternehmen, man merkt das hier noch reine "Handarbeit" geleistet wird.


    Also wenn das Rampendahl gut schmeckt komm ich auch mal vorbei... :thumbup:


    GoldenCentury

  • GOLD : Märkte und Informationen

    Ja wunderbar...Heute-Journal heute...nach dem üblichen Gebrabbel um Schweinegrippe und Co.....Bericht zum Goldpreis (warum gerade jetzt??)...steigt..ja..Chart über 10 Jahre...es steigt seit 10 Jahren..nahe Allzeithoch..dann die Schalte zum Mann vom Verbraucherschutz (sieht aus wie ein Altpunk)...Einstieg in Gold ist gefährlich (wüst zusammengeschnitten)...usw....dann noch der Hinweis das in Euro gar nicht so viel gestiegen....zum Beweis ein Chart in ÖL(!!) in Dollar und Euro....


    Muppet-Show Heute-Journal..schau sowas ja schon länger nicht...nu weiss ich warum..DDR-Fernsehen-West....aua..


    Anscheinend steht ein grosser Preisschub bevor....got Gold??


    GoldenCentury

  • eichen von Münzwaage

    Alternativ kann man zum justieren von 100 gr. auch 10 x2-Euro-Münzen + 2x1-Euro-Münzen nehmen, das kommt auch ziemlich genau hin....natürlich nicht so
    genau wie mit Eichgewicht,da nicht so genau mittig zu plazieren...



    Gruß


    GoldenCentury

  • Sterling Mining Company

    Sterling Mining Company to Host a Shareholder Reception





    COEUR D'ALENE, IDAHO, Sep 15, 2008 (MARKET WIRE via COMTEX) -- Sterling Mining Company (TSX: SMQ)(OTCBB: SRLM)(FRANKFURT: SMX) today announced it will be hosting a shareholder reception for Friday, September 19, 2008 from 9am to 11am at the Coeur d Alene Inn Best Western, Room 106, located at 414 W. Appleway Ave, Coeur d'Alene, ID.
    Shareholders are invited to attend and discuss recent developments within The Company.
    Please RSVP with Tina Nichols via email at Supertina@sterlingmining.com. Thank you.
    About Sterling Mining Company
    Sterling Mining controls the Sunshine Mine and related exploration lands in the prolific Silver Valley of northern Idaho. The Company also holds several silver properties in Mexico. Shares of Sterling Mining Company trade on the TSX under the symbol "SMQ", on the OTCBB under the symbol "SLRM", and also on the Frankfurt Stock Exchange under the trading symbol "SMX".
    To receive Sterling news via email, please email supertina@sterlingmining.com and specify "SMQ news" in the subject line.




    Website: www.SterlingMining.com

  • Sterling Mining Company

    Sterling Mining Company Suspends Production at Sunshine Mine





    COEUR D'ALENE, IDAHO, Sep 15, 2008 (Marketwire via COMTEX) -- Sterling Mining Company (TSX:SMQ)(OTCBB: SRLM)(FRANKFURT:SMX) today announced it has suspended commercial production activities at the Sunshine Mine in Idaho.
    Since 2003 Sterling Mining staff and employees have dedicated themselves to rehabilitating and resuming production at the Sunshine Mine. Despite resuming production in late 2007 and the significant progress made in the first half of 2008, the operation has encountered a series of unforeseen and unavoidable delays. Production through the end of August totaled approximately 354,000 ounces of silver, which is substantially less than management's expectations and less than what is required for self-sustaining operations. This, combined with volatility as it relates to precious metals stocks, ultimately prevented the Company from obtaining the financing required to continue operations at the current level. The workforce will be immediately reduced by approximately 60%.
    "This has been an extremely difficult decision to make and we share the disappointment of our employees and the local community, but we believe this is the only reasonable course of action at this time" said Sterling's interim President, Ken Berscht.
    Sterling continues to view the Sunshine Mine as a tremendous resource and will apply its limited resources to maintaining the mine, continuing to dewater the mine, and pursue a limited exploration plan. There is no assurance as to if and when market conditions will improve and additional financing will be secured, so the Company is unable to make any prediction or estimate with respect to the resumption of full operations at the mine
    About Sterling Mining Company
    Sterling Mining controls the Sunshine Mine, and related exploration lands in the prolific Silver Valley of northern Idaho. The Company also holds several silver properties in Mexico. Shares of Sterling Mining Company trade on the TSX under the symbol "SMQ", on the OTCBB under the symbol "SLRM", and also on the Frankfurt Stock Exchange under the trading symbol "SMX".
    To receive Sterling news via email, please email supertina@sterlingmining.com and specify "SMQ news" in the subject line.

  • Gold - Topangebot des Tages

    Falls noch jemand Silber-Maples sucht...mal bei einer Sparkasse anfragen die der WestLB angeschlossen ist...die haben den Aufschlag nicht erhöht (schnarch)...somit derzeit die günstigsten Preise deutschlandweit. Die Eagles habe ich denen eben geräumt....nix mehr da... :P



    Goldige Grüsse


    GoldenCentury

  • EVO of Time

    Stimmt,man kann sie ins Körbchen legen und bestellen, wundert mich sehr bei angeblich 1500 Stücken. Hab bei ebay schon Preise über 300 Euro gesehen,ist aber ein Weilchen her.

  • Coeur Mining / CDE (NYSE)

    Coeur Announces Proposed Offering of $150 Million of Convertible Senior Notes
    COEUR D'ALENE, Idaho--(BUSINESS WIRE)--March 12, 2008--Coeur d'Alene Mines Corporation (NYSE:CDE) (TSX:CDM) (ASX:CXC) announced today that it intends to offer $150 million in aggregate principal amount of convertible senior unsecured notes under an effective shelf registration statement on file with the U.S. Securities and Exchange Commission.
    The Company intends to grant the underwriters of the proposed offering an option to purchase up to an additional $22.5 million aggregate principal amount of notes solely to cover over-allotments. Deutsche Bank Securities Inc. and J.P. Morgan Securities Inc. will be the underwriters of the offering with Deutsche Bank Securities Inc. acting as sole book-running manager. The interest rate, conversion premium and other terms of the notes will be determined at the time of pricing of the offering.
    The notes will be convertible, under certain circumstances, into shares of the Company's common stock and will provide for "net share settlement" of any conversions, which limits the number of shares of common stock to be issued in the future. Pursuant to this feature, upon conversion of the notes, the Company (1) will pay the note holder an amount in cash equal to the lesser of the conversion obligation or the principal amount of the notes, and (2) will settle any excess of the conversion obligation above the notes' principal amount in the Company's common stock, cash or a combination thereof, at the Company's election.
    The Company intends to use the proceeds of this offering to complete the construction of the San Bartolome silver project in Bolivia and fund construction of the Palmarejo silver/gold project in Mexico. Any additional remaining proceeds may be used to repay borrowings under the Company's bridge loan facility and bank facility and for general corporate purposes. Holders of the notes may require the Company to repurchase the notes on specified dates and if the Company is involved in certain types of corporate transactions or other events constituting a fundamental change.
    The Company has filed a preliminary prospectus supplement with the Securities and Exchange Commission ("SEC") relating to the proposed public offering of the convertible senior notes. Copies of this preliminary prospectus supplement may be obtained from Deutsche Bank Securities Inc. Prospectus Department, 100 Plaza One, Jersey City, NJ 07311-3901, by telephone toll free at 1-800-503-4611, or by email at prospectusrequest@list.db.com.
    This press release shall not constitute an offer to sell or a solicitation of an offer to buy convertible senior notes nor shall there be any sale of such securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
    A registration statement relating to these securities (including a prospectus and applicable prospectus supplement) has been filed with the SEC. Prospective investors should read the prospectus, prospectus supplement, the registration statement and other documents that Coeur d'Alene Mines Corporation has filed with the SEC for more complete information about the Company and this offering. These documents are available at no charge by visiting EDGAR on the SEC's Web site at http://www.sec.gov.
    About Coeur
    Coeur d'Alene Mines Corporation is one of the world's leading silver companies and also a significant gold producer. Coeur, which has no silver or gold production hedged, is presently constructing two of the world's largest silver mines -- San Bartolome in Bolivia and Palmarejo in Mexico; operates two underground mines in southern Chile and Argentina and one surface mine in Nevada; and owns non-operating interests in two low-cost mines in Australia. The Company also owns a major gold project in Alaska and conducts exploration activities in Argentina, Bolivia, Chile, Mexico and Tanzania. Coeur currently expects to produce approximately 16 million ounces of silver in 2008, representing nearly a 40% increase over 2007 silver production levels. Coeur common shares are traded on the New York Stock Exchange under the symbol CDE, the Toronto Stock Exchange under the symbol CDM, and its CHESS Depositary Interests are traded on the Australian Securities Exchange under symbol CXC.
    Cautionary Statement
    This press release may contain forward-looking statements within the meaning of securities legislation in the United States, Canada, and Australia, including statements regarding the offering and the use of the net proceeds from the offering. These forward-looking statements involve risks and uncertainties. Factors that could cause actual events to differ materially from those predicted in such forward-looking statements include market conditions, potential fluctuations in the Company's stock price, management's broad discretion over the use of the net proceeds of the offering, changes in U.S. generally accepted accounting principles or in their interpretation. Certain of these risks and others are detailed from time to time in Company's periodic reports filed with the Securities and Exchange Commission, including, but not limited to, its annual report on Form 10-K for the year ended December 31, 2007 and in the registration statement. Coeur disclaims any intent or obligation to update publicly such forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, Coeur undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of Coeur, its financial or operating results or its securities.

  • DRDGold Ltd. / DRD (NYSE, JNB) und die Derivate

    http://www.sharenet.co.za/v3/s…te=20070720082636&seq=465





    Release Date: 20/07/2007 08:26:36 Code(s): DRD
    DRD - DRDGOLD - Notice to holders of ADSS, evidenced by ADRS, regarding a
    change in the ADS ratio and a consolidation of the ADRS.
    DRDGOLD LIMITED
    (Incorporated in the Republic of South Africa)
    (Registration number 1895/000926/06)
    JSE trading symbol: DRD
    ISIN Code: ZAE 000058723
    Nasdaq trading symbol: DROOY
    ("DRDGOLD" or "the company")
    Notice to holders of American Depositary Shares ("ADSs"), evidenced by
    American Depositary Receipts ("ADRs"), regarding a change in the ADS ratio and
    a consolidation of the ADRs.
    Shareholders are referred to the announcement released on SENS on 30 January
    2007 in terms of which the company advised that it had received a Nasdaq Staff
    Deficiency letter dated 22 January 2007 indicating that the company failed to
    comply with the US$1.00 per share Minimum Bid Price Requirement ("the MBPR")
    on the Nasdaq Capital Market ("Nasdaq") for continued listing set forth in
    Marketplace Rule 4320(e)(2)(E)(ii) ("the Rule") In accordance with the Rule,
    the company was provided with 180 calendar days, or until 23 July 2007, to
    regain compliance.
    As the company`s ADSs have been consistently trading on Nasdaq at a price
    below the MBPR, DRDGOLD will be changing its current ADS ratio from one (1)
    ADS for one (1) ordinary share to one (1) ADS for ten (10) ordinary shares.
    The company has therefore decided to effect a 1:10 reverse stock split (i.e. a
    10:1 consolidation) of its ADRs. With effect from the commencement of
    business on 23 July 2007, DRDGOLD ADS holders are required on a mandatory
    basis to surrender their ADRs for cancellation in order to exchange their
    "Old" ADSs (CUSIP #: 26152H 10 3) for the "New" ADSs (CUSIP #: 26152H 30 1).
    ADR holders will receive one (1) "New" ADS for every ten (10) "Old" ADSs
    surrendered for cancellation. Only whole ADSs will be distributed.
    The following trading particulars will apply:
    OLD NEW
    CUSIP#: 26152H 10 3 26152H 30 1
    Ticker Symbol: DROOY DROOD (for 20 trading days)*
    Ratio: 1 ADS: 1 ordinary share 1 ADS: 10 ordinary shares
    *after 20 trading days, the ticker symbol reverts back to the original ticker,
    DROOY*
    Holders of ADSs in the Global Buy Direct Plan need not complete the Letter of
    Transmittal, as these ADSs will automatically be redeemed and forwarded to the
    holders.
    Holders of ADSs that require additional clarification should contact the Bank
    of New York`s Investor Relations Department at 1-888-BNY-ADRS.
    DRDGOLD shareholders holding ordinary shares and trading on the JSE Limited
    are not affected in any way by this change to the company`s ADSs and ADRs.
    Randburg
    20 July 2007
    Sponsor
    BDO QuestCo (Pty) Limited
    Date: 20/07/2007 08:26:36 Supplied by http://www.sharenet.co.za
    Produced by the JSE SENS Department .

  • Silber Companies - Liste und Neues

    Coeur hats schwör.....


    Coeur Reports Record-Setting Full-Year Financial Performance and Strong Results for Fourth Quarter of 2006
    Full Year 2006 (Comparisons to 2005)


    -- Net income increased eight-fold to a record $88.5 million
    ($0.30 per fully diluted share)


    -- 13.6 million oz consolidated silver production, including
    discontinued operations


    -- 12.8 million oz silver production from continuing operations
    (excludes partial-year production from high-cost mine at Coeur
    Silver Valley, sold in 2Q06)


    -- 6% decrease in silver cash cost to $3.33/oz


    -- 116,254 oz gold production


    -- 16% increase in gold reserves year-over-year


    -- Increase in silver reserves for continuing operations


    Fourth Quarter of 2006 (Comparisons to Year-Ago Quarter)


    -- Net income more than doubled to $23.2 million ($0.08 per fully
    diluted share)


    -- 3.4 million oz silver production


    -- 31,700 oz gold production


    Other


    -- Revised capital and operating costs for San Bartolome and
    Kensington


    -- Company gearing up for record-level exploration spending in
    2007


    -- Completing feasibility study on new mill in Argentina


    COEUR D'ALENE, Idaho--(BUSINESS WIRE)--Feb. 22, 2007--Coeur d'Alene Mines Corporation (NYSE:CDE) (TSX:CDM) today reported record net income for 2006 of $88.5 million, or $0.30 per diluted share, compared to net income of $10.6 million, or $0.04 per diluted share, for 2005. Results for 2006 include a gain of $11.1 million from the strategic sale of Coeur Silver Valley (CSV), as well as $1.9 million of income generated from CSV prior to the sale. Cash provided by operating activities increased more than 13-fold to $91.2 million for the full year 2006 as compared to $6.7 million in 2005.


    For the fourth quarter of 2006, the company reported net income of $23.2 million, or $0.08 per diluted share, compared to net income of $9.9 million, or $0.04 per diluted share, for the year-ago period. Cash provided by operating activities increased 47 percent to $21.2 million in the fourth quarter of 2006 as compared to $14.5 million in the year-ago quarter.


    Metal sales in the fourth quarter and full year of 2006 were $67.1 million and $216.6 million, respectively, compared to $51.3 million and $156.3 million for the year-ago periods.


    In commenting on the company's full-year performance, Dennis E. Wheeler, Chairman, President and Chief Executive Officer, said, "For the full year 2006, Coeur reported record-setting performance in terms of revenues, net income and cash flow, and gold reserves. Silver production from continuing operations was up by 10 percent, while our silver cash production cost per ounce declined by nearly 6 percent. In addition, we reported a 16 percent increase in our gold reserves. We remain focused on additional growth initiatives designed to build upon this momentum in the areas of silver and gold production, exploration, potential acquisition, and continued management of our cash costs."


    Wheeler added, "Net income in the fourth quarter of 2006 was more than double that of the year-ago period due largely to higher silver and gold prices, aided by stronger performance at the Martha and Endeavor mines."


    Wheeler said, "We expect silver and gold markets to remain robust during 2007. We believe that strong demand for silver is likely to support healthy market prices well beyond this year. Such market conditions, combined with our ongoing strategic initiatives, should enable the company to continue to generate attractive earnings and cash flows. In addition, we are actively evaluating acquisition opportunities that would bring additional low-cost silver production into our system."


    Coeur currently expects its existing mines to produce approximately 13 million ounces of silver in 2007 with a cash cost of approximately $2.35 per ounce, which would represent the lowest cash operating cost at Coeur in at least a decade. The company expects full-year gold production to increase roughly 17% to approximately 136,000 ounces, including approximately 21,000 ounces from the Kensington gold mine, which is expected to begin producing metal near the end of 2007. During 2007, Coeur expects to complete construction of the San Bartolome project, which will significantly contribute to the company's silver production commencing in 2008. With the commencement of production at San Bartolome and Kensington, the company's production profile in 2008 would be sharply higher than 2007.

  • Silber Companies - Liste und Neues

    Sicher,die Reserven sind das Hauptproblem,daher immer schön SRLM dazupacken, wer weiss.....schliesslich schon wieder Cash generiert:


    Hecla Announces Sale of Hollister Project
    COEUR D'ALENE, Idaho--(BUSINESS WIRE)--Feb. 21, 2007--Hecla Mining Company's (NYSE:HL) subsidiary, Hecla Limited, has agreed to sell its interest in the Hollister Development Block gold exploration project in Nevada to its partner, Great Basin Gold, Inc., for a total of $60 million, including $45 million in cash and $15 million in Great Basin Gold common stock. The number of shares is to be determined by the average trading price 20 business days prior to the announcement of the transaction.


    Hecla President and Chief Executive Officer, Phillips S. Baker, Jr., said, "We believe Hollister is a good project for us if we owned all of it, but when split in half, it is just not large enough to make a significant impact on Hecla's production, revenue or income. It is a better strategy to focus our people and financial resources on projects that have a much larger impact on Hecla. At the same time, it gives our partners an opportunity to benefit from the project's full potential, so we feel it is a win/win proposition for both sides. Through our ownership of Great Basin Gold stock, we will continue to participate in the upside potential of the Hollister Block."


    Hecla had spent approximately $30 million over the past two years developing the underground ramp and conducting underground exploration toward the earn-in requirement. Hecla had a current book value for the Hollister project of less than $1 million.


    Hecla anticipates one use of the proceeds will be for expansion of production from the Lucky Friday silver mine in northern Idaho. A positive scoping study to double Lucky Friday's tonnage has been completed. The study outlines how the company could increase annual production by as much as 70%, extend the mine life, lower the cost per ounce and increase the minable resource. This preliminary study estimates $150 to $200 million of capital for a new mill, a surface shaft to the existing levels, and an underground shaft to more than 1,000 feet below the deepest identified resources. The study assumed significantly lower metals prices than what has been experienced over the last year. Based on the scoping study's positive economics, a prefeasibility study is expected to begin in the next couple of months and be completed by year-end.


    Hecla owns a 40-square-mile property position in northern Idaho's Silver Valley, the home of the Lucky Friday mine and one of the most recognized historical, world-class silver districts in the world. In addition to extensive exploration and potential expansion work within the Lucky Friday mine, the company is conducting the first generative exploration program in 50 years on Hecla's Silver Valley properties. Baker said, "We think this is one of the most under-explored silver mining districts. Now is the time to do that work, which I believe could lead to discovery of another Lucky Friday, Sunshine or Bunker Hill, three of the most prolific mines in the Silver Valley and the world."


    Hecla also holds more than 340 square miles of contiguous concessions at the San Sebastian property in central Mexico, and Baker said, "I believe San Sebastian has as good or better exploration potential than anything we own or anything else that we've seen."


    As well as concentrating on multiple, high-potential precious metals exploration targets on property it already owns, Hecla is focusing on property acquisitions or joint ventures. The company recently established an additional office in Vancouver, British Columbia, Canada, where more than 850 exploration companies are headquartered. Baker said, "An office in Vancouver makes us a viable, visible partner or acquirer of properties, mines and companies. The cash realized through the sale of the Hollister Development Block gives us an additional competitive advantage in that process."


    Hecla Mining Company, headquartered in Coeur d'Alene, Idaho, mines, processes and explores for silver and gold in the United States, Venezuela and Mexico. A 116-year-old company, Hecla has long been well known in the mining world and financial markets as a quality silver and gold producer. Hecla's common and preferred shares are traded on the New York Stock Exchange under the symbols HL and HL-PrB.


    Statements made which are not historical facts, such as anticipated payments, litigation outcome, production, sales of assets, exploration results and plans, costs, and prices or sales performance are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, and involve a number of risks and uncertainties that could cause actual results to differ materially from those projected, anticipated, expected or implied. These risks and uncertainties include, but are not limited to, metals price volatility, volatility of metals production and costs, exploration risks and results, political risks, project development risks, labor issues and ability to raise financing. Refer to the company's Form 10-Q and 10-K reports for a more detailed discussion of factors that may impact expected future results. The company undertakes no obligation and has no intention of updating forward-looking statements.


    Cautionary Note to Investors - The United States Securities and Exchange Commission permits mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms in this news release, such as "resource," "reserve," and "inferred resource" that the SEC guidelines strictly prohibit us from including in our filing with the SEC. U.S. investors are urged to consider closely the disclosure in our Form 10-K. You can review and obtain copies of these filings from the SEC's website at http://www.sec.gov/edgar.shtml.

  • Silber Companies - Liste und Neues

    Das sind schmackige Zahlen....


    Hecla Reports Highest Earnings and Lowest Reported Cash Cost for Silver in 116-Year History and Achieves Exploration Success by Increasing Silver Reserves and Resources by 25%
    COEUR D'ALENE, Idaho--(BUSINESS WIRE)--Feb. 21, 2007--Hecla Mining Company (NYSE:HL) today reported 2006 income applicable to common shareholders of $68.6 million, or 57 cents per share, compared to a loss of $25.9 million, or 22 cents per share, during 2005. Earnings were reported on revenue of $217.4 million, which is 30% more revenue than the next best year for revenue in Hecla's 116-year history. Net income was 20% higher than the company's next best year, and cash provided by operations of $61.5 million was 70% better than any other year. Hecla's cash cost per ounce of silver in 2006 was the lowest since that statistic has been reported, at just 24 cents per ounce.


    Hecla Mining Company President and Chief Executive Officer Phillips S. Baker, Jr. said, "In 2006, Hecla achieved the best financial results in the company's history. These results weren't just a little better; they were better by double-digit margins than our next best year ever. Cash costs for silver were extremely low, and it is important to note that the cash provided by operations is after spending $28 million on exploration and pre-development projects as part of the most aggressive exploration program Hecla has ever conducted."


    In the fourth quarter of 2006, Hecla recorded income applicable to common shareholders of $20.4 million, or 17 cents per share, compared to a loss of $7.4 million, or 6 cents per share, in the fourth quarter of 2005. Revenue during 2006's fourth quarter was $70.3 million, compared to $30 million in the same period last year. Positively impacting fourth quarter 2006 financial results was recognition of an $11.8 million deferred tax asset. This item was largely offset by Venezuelan foreign exchange losses and tax accruals, settlement of a dispute with an engineering firm and expensing of stock options. Even without these items, Hecla's fourth quarter 2006 net income would still be well above the market's consensus estimate, largely because of significantly higher-than-expected production from Hecla's La Camorra Unit of 45,907 ounces of gold during the fourth quarter, as well as high metals prices.


    For the full year, robust metals prices, a gain on the sale of investments and recognition of a portion of the company's tax assets made contributions to the excellent annual financial results in 2006. However, the primary reason for outstanding results was production of 5.5 million ounces of silver at an average total cash cost of 24 cents per ounce and 179,276 ounces of gold at an average total cash cost of $345 per ounce. The average price of gold during 2006 was $604 per ounce, the highest yearly average in recorded history and 36% higher than 2005. Silver, although a long way from the 1980 average price of more than $20 per ounce, was a healthy $11.57 per ounce during 2006, an increase of 58% over 2005. Hecla also greatly benefited from its by-product metals, zinc and lead, as those prices increased 137% and 32%, respectively, compared to 2005.


    In addition to outstanding financial results, Hecla had significant exploration successes, identified additional exploration targets and increased its resources in the ground. Baker said, "Overall, Hecla saw a 33 million-ounce increase in its silver resource, a 33% increase in lead resource and an 18% increase in zinc resource during 2006. At the Lucky Friday silver mine in northern Idaho, we increased the silver resource by 34% and achieved a better understanding of the intermediate veins and the future potential of the mine. The combined successes at San Sebastian and Lucky Friday have increased the value of their mineral resources by an astounding 50% compared to the end of 2005. And this is using the same price assumptions for both years - it really is a reflection of the value of these polymetallic ore bodies. At the Greens Creek mine in Alaska, we discovered an extension to the silver-rich 5250 vein and advanced the knowledge of the new West Gallagher zone. And we see much more opportunity for the future. At current metals prices, Hecla generates a huge amount of cash flow. Now is the time to make the investments for future discovery and growth, and toward that end we are budgeting approximately $22 million, $2 million more than last year, to continue our aggressive exploration program."


    2006 HIGHLIGHTS


    --Income applicable to common shareholders of $68.6 million, or 57
    cents per share, on revenue of $217.4 million


    --Cash provided by operations of $61.5 million


    --A gain on sale of investments of $36.4 million


    --Cash and short-term investments on hand of $101 million, and no
    corporate debt


    --$28 million in exploration and pre-development expenditures


    --Exploration successes at Lucky Friday, Greens Creek and San
    Sebastian, with a 33 million-ounce increase in silver resource


    --5.5 million ounces of silver produced at an average total cash
    cost of 24 cents per ounce


    --179,276 ounces of gold produced, with 160,563 of those ounces
    produced at La Camorra at an average total cash cost of $345 per
    ounce of gold


    --Double and triple-digit percentage increases compared to a year
    ago in the prices for all the metals Hecla produces: silver, gold,
    lead and zinc