M&A Deal Summary

Hecla Mining Acquires Revett Mining

On June 15, 2015, Hecla Mining acquired metals/mining company Revett Mining for 20M USD

Acquisition Highlights
  • This is Hecla Mining’s 4th transaction in the Metals/Mining sector.
  • This is Hecla Mining’s 3rd largest (disclosed) transaction.
  • This is Hecla Mining’s 3rd transaction in the United States.
  • This is Hecla Mining’s 1st transaction in Washington.

M&A Deal Summary
Date 2015-06-15
Target Revett Mining
Sector Metals/Mining
Buyer(s) Hecla Mining
Deal Type Add-on Acquisition
Deal Value 20M USD
Advisor(s) Roman Friedrich & Co. (Financial)

Target

Revett Mining

Spokane Valley, Washington, United States
Revett Mining Co., Inc. is a silver-copper company that owns and operates the Troy Mine and the world class permitting stage Rock Creek project (containing inferred and historical resource estimates of 300 million ounces of silver and 2.5 billion pounds of copper); both properties are located in northwestern Montana.

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Buyer(S) 1

Buyer

Hecla Mining

Coeur d'Alene, Idaho, United States
Category Company
Founded 1891
Sector Metals/Mining
Employees1,775
Revenue 720M USD (2023)
DESCRIPTION

Hecla Mining is a silver producer with operating mines in Alaska and Idaho and is a growing gold producer with an operating mine in Quebec, Canada. Hecla also has exploration and pre-development properties in five world-class silver and gold mining districts in the U.S., Canada, and Mexico, and an exploration office and investments in early-stage silver exploration projects in Canada. Hecla Mining was founded in 1891 and is based in Coeur d'Alene, Idaho.

DEAL STATS #
Overall 4 of 7
Sector (Metals/Mining) 4 of 7
Type (Add-on Acquisition) 2 of 5
State (Washington) 1 of 2
Country (United States) 3 of 5
Year (2015) 1 of 1
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-06-03 Aurizon Mines

Vancouver, British Columbia, Canada

Aurizon Mines Ltd. is a gold producer with a growth strategy focused on developing its existing projects in the Abitibi region of north-western Quebec, Canada. A mining jurisdictions and prolific gold and base metal regions, and by increasing production through accretive transactions.

Buy CA$796M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-24 Mines Management

Spokane, Washington, United States

Mines Management, Inc. is a mineral company focused on the acquisition and exploration of silver dominant mineral deposits.

Buy -
Mergr

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