ANNIVERSARY – The Red Dog Mine in Northwest Alaska July 14 held a celebration for mine employees in honor of its 25th anniversary. The mine is one of the largest zinc producers in the world and is often cited as a positive example of indigenous people and mining companies working together. NANA Regional Corporation Inc., the Alaska Native regional corporation that owns the land on which Red Dog is situated, and Teck Alaska, a subsidiary of Teck Resources Ltd. and operator of the mine held the celebration, which was attended by a number of special guests – many of whom worked to make the mine a reality, - including: former Gov. Bill Sheffield, NANA Chairman Donald G. Sheldon, Teck President and CEO Don Lindsay, former NANA President Willie Hensley and past Chairwoman Christina Westlake. Since 1989, Red Dog Mine has provided more than US$199 million in dividends to NANA shareholders and US$608 million of NANA’s US$1 billion mine proceeds to all Alaska Natives through the 7(i) sharing provisions of the Alaska Native Claims Settlement Act, or ANCSA. The provision requires that Alaska Native corporations share approximately 60 percent of revenues from developed ANCSA lands with the other Alaska Native corporations. Red Dog Mine – an economic engine for Northwest Alaska, the state and the nation – has paid roughly US$119 million as payment in lieu of taxes to the Northwest Arctic Borough, provides 70 percent of U.S. zinc production and has injected more than $1.5 billion into the Alaska economy. In 2013, more than 586 NANA shareholders worked for Teck and NANA companies operating at the mine, earning US$29.4 million and making up 54 percent of mine employees.

SILVER/GOLD – Hecla Mining Co. July 14 reported preliminary production results for the second quarter ending June 30. Silver production of 2.5 million oz for the quarter is a 14 percent increase over the same period last year and quarterly gold production of 43,555 oz is a jump of 96 percent compared to the second quarter of 2013. “During the second quarter production grew for all our metals over the prior year period, as we realized the benefits of the Casa Berardi acquisition and a fully operational Lucky Friday,” said Hecla President and CEO Phillips Baker, Jr. In addition to precious metals, Hecla’s zinc second quarter zinc production was 17,383 tons and lead production was 10,230 tons, both increases compared to 2013. “The amount of zinc and lead we produce as a by-product differentiates Hecla from its peers, and significantly improves the economics of our business, particularly in a time of rising metals prices like we recently experienced,” Baker continued. The Greens Creek Mine in Southeast Alaska produced 1.7 million oz of silver during the second quarter, this is comparable to first quarter production of 1.8 million oz but down about 15 percent compared to the same period last year. The mill at Greens Creek operated at an average of 2,210 tons per day for the quarter. Second-quarter silver production at the Lucky Friday Mine in Idaho increased by more than 278 percent compared the same period of 2013, reflecting the impact of the mine now operating at full-production levels. Silver production increased by 17 percent over the first quarter. The mill operated at an average of 883 tpd for the quarter. The Casa Berardi Mine in Quebec produced 28,623 oz in the second quarter, comparable to the first-quarter production of 31,259 oz. Hecla finalized the purchase of Casa Berardi in June 2013, and the mine did not contribute to Hecla production in the second quarter of last year. Hecla reports a cash balance of approximately US$222 million cash balance at the end of the quarter, this includes US$14.1 million of proceeds from the exercise in full of the company’s outstanding Series 1 warrants during the quarter. The final Series 3 warrants expire on Aug. 9, 2014. “The combination of growing production and higher metals prices with approximately $222 million in cash at quarter end, inclusive of warrant proceeds, puts Hecla in a strong position entering the third quarter,” said Baker. Hecla expects to use all of these warrant proceeds for the final payment of the Coeur d’Alene Basin environmental settlement during the third quarter. Hecla expects to report its full second-quarter 2014 financial results on July 31.