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Press release from Business Wire

Hecla Declares Preferred Dividend

Friday, September 02, 2011

Hecla Declares Preferred Dividend17:00 EDT Friday, September 02, 2011 COEUR D'ALENE, Idaho (Business Wire) -- Hecla Mining Company (NYSE:HL) today announced its Board of Directors has elected to declare the regular quarterly dividend of $0.875 per share on the outstanding Series B Cumulative Convertible Preferred Stock. The regular quarterly dividend of $0.875 per share, on a total of 157,816 shares outstanding of the Series B Cumulative Convertible Preferred Stock, represents a total amount to be paid of approximately $138,000. The cash dividend is payable October 1, 2011, to shareholders of record on September 15, 2011. About Hecla Established in 1891, Hecla Mining Company is the largest and lowest cash cost silver producer in the U.S. The company has two operating mines and exploration properties in four world-class silver mining districts in the U.S. and Mexico. Cautionary Statements Statements made which are not historical facts, such as anticipated payments, litigation outcome (including settlement negotiations), 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, environmental and litigation risks, operating risks, project development risks, political risks, labor issues, ability to raise financing and exploration risks and results. Refer to the company's Form 10-K and 10-Q 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 other than as may be required by law. For further information, please contact:   Mélanie Hennessey   Direct Main: 800-HECLA91 (800-432-5291) Vice President – Investor Relations Email: hmc-info@hecla-mining.com Direct: 604-694-7729 Website: www.hecla-mining.com   Hecla Canada Ltd. Hecla Mining Company 400 – 580 Hornby Street 6500 N. Mineral Drive, Suite 200 Vancouver, British Columbia Coeur d'Alene, Idaho 83815 V6C 3B6 Canada Hecla Mining CompanyVice President ? Investor RelationsMélanie Hennessey, 604-694-7729Direct Main: 800-HECLA91 (800-432-5291)hmc-info@hecla-mining.comwww.hecla-mining.com