Coeur d'Alene Mines - Increasing Production & Cash Flow
5 Silver, 1 Gold mine(s) operating - Reserves of: Silver 500m oz, Gold 5m oz
Coeur d’Alene Mines Corporation, Coeur d’Alene, Idaho; New York Stock Exchange: CDE, Toronto Stock Exchange: CDM.; is the largest U.S.-based primary silver producer and a growing gold producer with projected 2011 production of 19.5 to 20.5 million ounces of silver and 240,000 to 250,000 ounces of gold. The Company has three new, large precious metals mines generating significantly higher production, sales and cash flow in continued strong metals markets. In 2011, Coeur will realize the first full year of production and cash flow from all three of its new, 100%-owned mines: San Bartolomé in Bolivia; the Palmarejo silver/gold mine in Mexico, and the Kensington Gold Mine in Alaska. In addition, the Company is expecting new production from its long-time flagship Rochester mine in Nevada. The Company also owns non-operating interest a low-cost mine in Australia, and conducts ongoing exploration activities near its operations in Argentina, Mexico and Alaska. The Company also holds 100% operating interest and exploration rights at underground mines in southern Chile and Argentina and one surface mine in Nevada; and owns non-operating interests in two low-cost mines in Australia. CHESS Depositary Interests are traded on the Australian Securities Exchange under symbol CXC.