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Published on 2/25/2004 in the Prospect News Convertibles Daily and Prospect News Distressed Debt Daily.

Hecla Mining again defers convertible preferred dividend

New York, Feb. 25 - Hecla Mining Co. again said it is deferring the quarterly dividend on its series B cumulative convertible preferred stock.

The Coeur d'Alene, Idaho-based silver and gold miner said its board took the decision to conserve cash for exploration, development and acquisition opportunities.

The deferment affects the April 1 scheduled payment.


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