Van Eck Associates Holds 40.2M Hecla Mining Shares (HL) on Schedule 13G/A

Rhea-AI Filing Summary

Van Eck Associates Corporation reported beneficial ownership of 40,223,514 shares of Hecla Mining common stock, representing 6.36% of the class. The filing shows Van Eck holds sole voting power over 40,042,795 shares and sole dispositive power over 40,223,514 shares, indicating it controls both how the shares are voted and disposed.

The Schedule 13G classification lists Van Eck as an investment adviser (IA) and states the securities are held in the ordinary course of business and not for the purpose of changing or influencing control. Items identifying groups, subsidiaries, or other arrangements are marked Not Applicable.

Positive

• Reporting person holds a material institutional stake of 40,223,514 shares, equal to 6.36% of Hecla Mining common stock
• Van Eck reports sole voting power on 40,042,795 shares and sole dispositive power on 40,223,514 shares, showing clear control over voting and disposition of its holdings
• The filing classifies Van Eck as an investment adviser (IA) and certifies the securities are held in the ordinary course of business and not to change control

Negative

• None.

Insights

Portfolio Manager

TL;DR: Institutional stake of 6.36% with sole voting and dispositive power is a material, routine disclosure by an investment adviser.

Van Eck's reported 40,223,514-share position in Hecla represents a clear institutional holding above the 5% reporting threshold. The near-equality of sole voting power (40,042,795) and sole dispositive power (40,223,514) shows the adviser both votes and directs disposition of the position rather than relying on shared arrangements. This filing is procedural under Schedule 13G and the filer affirms the shares are held in the ordinary course of business, which typically signals passive, portfolio-management intent rather than an activist stance.

Corporate Governance Analyst

TL;DR: Filing documents significant ownership without group affiliations and confirms no intent to influence control.

The Schedule 13G indicates Items 5 through 9 are Not Applicable, so no group members, parent/subsidiary acquisitions, or dissolution notices are reported. The certification that holdings are not intended to change or influence control is explicitly stated, aligning the disclosure with passive investor treatment under the rules. For governance monitoring, the stake size and sole voting authority are notable facts for board and investor relations teams to track.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 14)

HECLA MINING CO/DE/

(Name of Issuer)

Common Stock

(Title of Class of Securities)

422704106

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 422704106

1

Names of Reporting Persons

VAN ECK ASSOCIATES CORP

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 40,042,795.00
6	Shared Voting Power
7	Sole Dispositive Power 40,223,514.00
8	Shared Dispositive Power

9

Aggregate Amount Beneficially Owned by Each Reporting Person

40,223,514.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.36 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: HECLA MINING CO/DE/
(b)	Address of issuer's principal executive offices: 6500 N MINERAL DRIVE SUITE 200, COEUR D'ALENE, Idaho, 83815-9408
Item 2.
(a)	Name of person filing: Van Eck Associates Corporation
(b)	Address or principal business office or, if none, residence: 666 Third Ave, 9th Floor, New York NY 10017
(c)	Citizenship: Delaware
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 422704106
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 40,223,514
(b)	Percent of class: 6.36 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 40,042,795
	(ii) Shared power to vote or to direct the vote:
	(iii) Sole power to dispose or to direct the disposition of: 40,223,514
	(iv) Shared power to dispose or to direct the disposition of:
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

VAN ECK ASSOCIATES CORP

Signature:	Ashley Sousa
Name/Title:	Ashley Sousa, AVP, Van Eck Associates Corporation
Date:	08/14/2025

FAQ

What stake does Van Eck hold in Hecla Mining (HL)?

Van Eck beneficially owns 40,223,514 shares of Hecla Mining common stock, representing 6.36% of the class.

Does Van Eck have voting control over its Hecla (HL) shares?

Yes. The filing reports sole voting power over 40,042,795 shares and no shared voting power.

Is Van Eck’s holding intended to influence control of Hecla (HL)?

No. The filing includes a certification that the securities are held in the ordinary course of business and not to change or influence control.

Is the stake held on behalf of others or part of a group?

Items identifying holdings on behalf of others or group members are marked Not Applicable, and no group or subsidiary acquisition is reported.

What type of filer is Van Eck Associates in this Schedule 13G?

Van Eck is classified as an IA (investment adviser) in the filing.