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): February 21, 2007


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


                                    Delaware
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                 (State or Other Jurisdiction of Incorporation)


        1-8491                                 77-0664171
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(Commission File Number)            (IRS Employer Identification No.)


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


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


                                       N/A
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          (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:

[_]  Written  communications  pursuant to Rule 425 under the  Securities Act (17
     CFR 230.425)

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

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

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


Item 2.02  Results of Operations and Financial Condition

     On February 21, 2007, Hecla Mining Company (the "Company") issued a news
release announcing the Company's Fourth Quarter 2006 and twelve months ended
December 31, 2006 financial results. The news release is attached hereto as
Exhibit 99.1 to this Form 8-K.

     In accordance with General Instruction B.2 of Form 8-K, the information in
this Item 2.02, including Exhibit 99.1, shall not be deemed to be "filed" for
purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the
"Exchange Act"), or otherwise subject to the liability of that section, and
shall not be incorporated by reference into any registration statement or other
document filed under the Securities Act of 1933, as amended, or the Exchange
Act, except as shall be expressly set forth by specific reference in such
filing.

Item 9.01  Financial Statements and Exhibits



                                    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/ Philip C. Wolf
                               -------------------------------
                                  Name:  Philip C. Wolf
                                  Title: Senior Vice President

Dated:  February 21, 2007

                                       -2-

                                  EXHIBIT INDEX


Exhibit No.                          Title
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Exhibit 99.1 -   Hecla Mining Company News Release dated February 21, 2007

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