EX-95 7 ex95.htm EXHIBIT 95

Exhibit 95

Mine Safety Disclosures

Our mines are operated subject to the regulation of the Federal Mine Safety and Health Administration (“MSHA”), under the Federal Mine Safety and Health Act of 1977 (the “Mine Act”). In July 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”) was signed into law, and amended in December 2011. The following mine safety data is provided pursuant to the Dodd-Frank Act.

When MSHA believes a violation of the Mine Act has occurred, it may issue a citation for such violation, including a civil penalty or fine, and the mine operator must abate the alleged violation. During the second quarter of 2013, MSHA proposed $4,011 in penalty assessments at the Greens Creek mine and $439,916 in penalty assessments at the Lucky Friday mine. A significant majority of the assessed penalties related to citations and orders issued in prior quarters. Hecla has not yet received all penalty assessments related to the citations issued in the second quarter of 2013. We have the opportunity to contest or appeal these penalties.

During the second quarter of 2013, MSHA issued the Greens Creek mine 3 citations pursuant to Section 104 of the Mine Act for violations of mandatory health or safety standards that could significantly and substantially contribute to the cause and effect of a mine safety or health hazard, and 1 such citation to the Lucky Friday mine.

The Greens Creek mine has 3 legal actions pending before the Federal Mine Safety and Health Review Commission, regarding citations for which penalties have been assessed.

The Lucky Friday Mine has 43 actions pending before the Federal Mine Safety and Health Review Commission, including 28 actions for which proposed penalties assessment have not been issued, and 14 actions regarding citations and orders for which penalty assessments have been issued.

As required by the reporting requirements of the Dodd-Frank Act, as amended, the table below presents the following information for the three-month period ended June 30, 2013.

|  |  |  |  |  |  |  |  | Received |  |  |
|  |  |  |  |  |  |  | Received | Notice of |  |  |
|  |  |  |  |  |  | Total | Notice of | Potential | Legal |  |
|  |  | Section |  |  | Total Dollar | Number | Pattern of | to have | Actions | Legal | Legal
|  |  | 104(d) |  |  | Value of | of | Violations | Patterns | Pending | Actions | Actions
| Section | Section | Citations | Section | Section | MSHA | Mining | Under | Under | as of Last | Initiated | Resolved
| 104 S&S | 104(b) | and | 110(b)(2) | 107(a) | Assessments | Related | Section | Section | Day of | During | During
Mine | Citations | Orders | Orders | Violations | Orders | Proposed | Fatalities | 104(e) | 104(e) | Period | Period | Period
Greens Creek | 3 | 0 | 0 | — | — | $4,011 | — | no | no | 3 | 0 | 0
Lucky Friday | 1 | 0 | 0 | — | — | $439,916 | — | no | no | 43 | 3 | 1