Featured Articles

Wharf to be sold

January 13, 2015

LEAD – Coeur Mining, Inc. of Chicago, Ill., announced Monday it has entered into a definitive agreement with a subsidiary of Goldcorp, Inc. to acquire 100 percent of the Wharf gold mine outside of Lead for cash consideration of $105 million.

Illinois mining company buying Wharf mine

January 13, 2015

Coeur Mining Inc. of Chicago, Ill., announced on Monday it has an agreement to buy the Wharf gold mine near Lead for $105 million in cash. The seller is the mine's parent company, Goldcorp Inc.

Palmarejo’s Mine Rescue Team Uses Training and Competition to Refine Skills

January 05, 2015

by Marco Lara Tarango, Supervisor - Underground, Safety and Rescue, Coeur Mexicana - As part of Coeur's ongoing commitment to health and safety, talented rescue professionals are tasked at each of Coeur's mine operations to prepare for an emergency situation. At our Palmarejo mine in Mexico, we have 45 people in our mine rescue unit. The unit is divided into three teams, each member has a specific role: emergency response personnel, surface firefighting or hazardous material team. Our teams include miners, operators, mechanical maintenance workers and electrical workers. We assign one team for each day and one each night so that the mine is never without available rescue personnel.

Coeur Mining solidifies Palmajero future with Paramount Gold and Silver acquisition

December 18, 2014

TORONTO (miningweekly.com) – The US’s largest primary silver producer Coeur Mining on Wednesday announced that it had agreed to buy Paramount Gold and Silver for $146-million in scrip, giving Coeur control over Paramount’s San Miguel project that covers about 121 000 ha surrounding Coeur’s Palmarejo mine, in Chihuahua, Mexico.

Coeur Secures San Miguel, Paramount to Spin Off Nevada Assets

December 18, 2014

Not surprisingly, this month’s rumors that Coeur Mining (NYSE:CDE) was planning to acquire Paramount Gold and Silver (TSX:PZG) turned out to be true. The companies announced Wednesday morning that Coeur will acquire all outstanding shares of Paramount in an all-stock deal valued at $146 million, securing Paramount’s San Miguel project and the Don Ese deposit.

Coeur Mining acquires Paramount Gold and Silver for $146 million

December 18, 2014

Coeur Mining (NYSE:CDE), the U.S. largest silver producer, confirmed Wednesday it is acquiring Paramount Gold and Silver Corp. (TSX:PZG) in an all-stock transaction valued at $146 million, as it seeks to expand its mining footprint in Mexico.

Paramount takeover to boost Coeur's Mexico cash flow - CEO

December 18, 2014

The planned US$146mn acquisition of Paramount Gold & Silver will have a dramatic impact on cash flow at Coeur Mining's Palmarejo operation in Mexico, CEO Mitchell Krebs said.

New Ways to Recycle Promote Creativity and Sustainability at Rochester

December 01, 2014

by Joel Dunkin, Environmental Technician, Coeur Rochester - As with all of Coeur’s operations, our Rochester mine is committed to environmental stewardship, long-term sustainability and profitability. To further these objectives, in 2013, we set a new goal to expand our recycling efforts. How? That's a question we asked all of our employees at the mine to consider and they came up with some excellent answers. Here are a few of the new initiatives we have implemented based on the creative ideas of our Rochester team.

Searching for Yield

December 01, 2014

To Peter Mitchell, chief financial officer of Coeur Mining, liquidity in the form of surplus cash has become as dear as silver and gold — maybe more so. For one thing, market prices of the precious metals, which his company mines, have declined significantly. For another, Coeur Mining terminated its $100 million line of credit at the end of this year’s first quarter.

Coeur Mining beats Street 3Q forecasts

November 10, 2014

CHICAGO (AP) Coeur Mining Inc. (CDE) on Wednesday reported third-quarter earnings of $3.5 million.

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