Hecla Mining Company Form 8-K, Dated: January 31, 2006
 
 


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


FORM 8-K


CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): January 31, 2006


Hecla Mining Company
(Exact Name of Registrant as Specified in Its Charter)

Delaware
(State or Other Jurisdiction of Incorporation)

1-8491 82-0126240
(Commission File Number) (IRS Employer Identification No.)

6500 North Mineral Drive, Suite 200
Coeur d’Alene, Idaho
83815-9408
(Address of Principal Executive Offices) (Zip Code)

(208) 769-4100
(Registrant’s Telephone Number, Including Area Code)

N/A
(Former Name or Former Address, if Changed Since Last Report)

        Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o   Pre-commencement communications pursuant to Rule 14-d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


 
 


Item 1.01   Entry into a Material Definitive Agreement

        On January 30, 2006, our wholly owned subsidiary, 2056672 Ontario Limited, entered into an agreement for the brokered sale of all of our 7,232,000 common shares of Alamos Gold, Inc. with CIBC World Markets, Inc. for cash consideration of $57.4 million.

Item 2.01   Completion of Acquisition or Disposition of Assets

        The information disclosed under Item 1.01 is incorporated herein by reference.

SIGNATURE

        Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

HECLA MINING COMPANY
 
 
By:    /s/ Lewis E. Walde
Lewis E. Walde
 V.P., Chief Financial Officer

Dated: January 31, 2006



-2-