NYSE: CDE$3.68-0.08
Gold $1,274.260.00
Silver $14.91-0.10
Language ESP

Investment in Local Communities

Our operations are helping to contribute to the financial growth of our stockholders and the communities in which we operate. As a 90 year-old significant producer of gold and silver, Coeur is helping to create financial value within the communities surrounding our five wholly-owned operations and across all locations where Coeur maintains a presence.

Areas of focus include:

Encouraging local and regional employment opportunities

Providing positive direct and indirect financial impact on local and regional economies

Investing in meaningful community programs with benefits extending beyond the life of mine

Establishing long-term mutually beneficial agreements with indigenous communities

Investment in Communities, Local Hire

Our operations provide wages and benefits that contribute not only to our employees’ well-being, but also to the economic strength of the communities where we operate. Coeur believes in hiring locally from the communities where we operate. Hiring local people helps to build community support, economic growth and enhances local knowledge. 70% of all hires are local to Coeur locations.

Frankie Graham, Human Resources, Rochester

Frankie Graham was born and raised in the farming community of Lovelock, NV, the closest community to the Rochester mine. In her youth, Frankie was active with the local 4H and sports and graduated from Pershing County High School. After graduation, she took college courses in business at the University of Texas at Arlington and Western Nevada Community College.

Frankie gained her first years of work experiences with a law firm in Lovelock, working during high school and then returning later in adulthood. In between, Frankie spent five formative years at the Rochester mine were in the geology, safety, and blasting departments between 1987 and 1993. During that time, she was featured as a member of the blasting crew in an article in the Lovelock Review Miner on women in non-traditional roles.

Frankie left the mine site in 1993 and spent 13 years with the local school district working in the middle school office and, for five of those years, as the girls high school basketball coach. In 2012, Frankie returned to the Rochester team to work for the Human Resources department, and she has been a valued member of the team ever since!

Currently, Frankie is an active member of the Nevada Mining Association Education Committee. When she’s not working or volunteering, Frankie enjoys time with her family, crafting and creating, cooking, outdoor activities, and photography. Coeur is proud to have Frankie as a member of the Rochester team and Lovelock community.

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Investment in Communities, Local Suppliers / Local Taxes

Coeur supports indirect economic development in the communities in which we work and live by striving to use local suppliers when available. Another positive economic impact to communities comes through tax and royalty payment to local governments. In 2017, Coeur paid $13,000,000 in income and mining taxes, not including payroll taxes, property or sales and use taxes.

Extractive Sector Transparency Measures Act (ESTMA) Reports

Coeur ESTMA Report
Northern Empire ESTMA Report (2017)
Northern Empire ESTMA Report (2018)

Investment in Communities, Charitable Giving

Through educational programs, trainings, service days and financial contributions, we support the growth of our communities so they continue to flourish throughout all phases of the mine life cycle.

With such a large presence within each location we operate, we believe it’s important to not only display utmost respect to local traditions, but to play an active part in their preservation and in their continued growth. That’s why at Coeur, we make community days, education programs and technology training courses a top priority. Coeur engages with local communities and stakeholders to identify the local needs and priorities and work together to meet the identified long-term needs. 287 community groups benefited through money and volunteer hours in 2017.

Coeur Mining Total $519,125
Rochester $57,671
Kensington $91,759
Wharf $127,312
Palmarejo $143,212
Corporate $99,171
Spreading Holiday Cheer

Coeur partnered with organizations across the country to make the holiday season a little brighter for those in need. Some examples from across our locations are below:

 

Chicago – In 2018, the corporate office hosted a gift tree benefitting the Midwest Shelter for Homeless Veterans (MSHV). Desired items included everything from socks and slippers to bedding and cleaning supplies. Over 60 items were purchased for the gift drive by corporate employees. These items directly benefit Chicagoland veterans using MSHV's services. Coeur also presented representatives from MSHV with a $3,500 check. This donation will help MSHV positively impact homeless veterans in Illinois.

Kensington – In December 2018, Kensington participated in the Mendenhall Auto Gingerbread Challenge in support of Family Promise of Juneau. Family Promise helps keep homeless families together, and in 2018, an average of one family a month came out of homelessness and back into stable housing with the assistance of the Juneau program. Donors voted by dollar for their favorite gingerbread houses, and the houses were auctioned off after the competition. Coeur Alaska's gingerbread house raised almost $1000!

 
 

Coeur Silvertip – sponsored the Festival of Trees in Whitehorse in December 2018. It was a great event, and Coeur's decorated tree was sold at the live auction for $8,000 CAD which goes towards the hospital foundation to ensure northern communities have care and ensure transport of critical care patients to more populated hospital facilities! The tree received some of the highest bids of the evening. Coeur Silvertip was proud to be able to sponsor the event and support the local areas in which it operates. Our tree was amongst the highest bid trees.


Indigenous Rights

Coeur respects and promotes the rights of the indigenous groups in our communities. We foster open and honest communication in all aspects of stakeholder relations and establish long-term mutually beneficial relationships with local indigenous communities.

Silvertip and First Nations

Coeur Silvertip is committed to fostering strong relationships with, and providing employment and business development opportunities to, First Nations and local communities around the mine site. As part of this commitment, we have a socio-economic participation agreement with the Five First Nations of the Kaska First Nations, whose traditional territory includes the Silvertip Mine site.

Feature of Terri Szabo, Kaska Liaison Officer

Terri Szabo is the Kaska Liaison Officer for the Kaska Nation at Coeur Silvertip, which is located on the ancestral lands of the Kaska People. The Kaska Nation is one of the largest traditional territories in the southern Yukon Territory, and it overlaps into Northern British Columbia. The Nation consists of five bands:

  • Dease River First Nation
  • Liard First Nation
  • Daylu Dena Council
  • Ross River Dena Council
  • Kwadacha

Ms. Szabo was born and raised in the Yukon Territory and is the mother of two daughters, Zoey and Annette, and the grandmother of Kaia and Mackenzie. She has worked with various levels of government and non-profits in administration and restorative justice. Since 2007, she has worked in mining, across the mine life cycle from exploration to reclamation. Ms. Szabo as an associate of Arts Degree and a Bachelor of Social Work. She spends time volunteering and is the current President of the Yukon Aboriginal Women’s council whose mandate is to fight for the rights of First Nation Women and Girls.

As the Kaska Liaison Officer, Ms. Szabo works closely with Coeur Human Resources in hiring and retaining Kaska Members. She developed and maintains a Kaska Human Resource Inventory used by to recruit Kaska Members when there is a job opportunity. Ms. Szabo connects Kaska Members to Silvertip job, training and apprenticeship opportunities for the Silvertip Mine.

Additionally, Ms. Szabo facilitates the identification, communication and resolution of Kaska Member complaints and grievances with Coeur and the Advisory Committee. In her role, she provides reports to the Advisory Committee and to the five Kaska Communities, filling a vital need for communication and stakeholder engagement for the site.

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Human Rights

Coeur has the highest regard for the dignity, well-being, and human rights of our employees, the communities in which we work and live, and other stakeholders affected by our operations. We do not tolerate any human rights abuses at our operations, with our business partners, or within our supply chain. We do not tolerate child labor or forced labor of any kind and respect our employees' voluntary freedom of association. We engage with local communities, indigenous people, government agencies and other stakeholders to identify, understand and address potential impacts of our operations on human rights.

Coeur's asset platform is North America-focused and U.S.-centric, with a low geopolitical risk profile and not located in or near areas of conflict. Though human rights, security and indigenous rights are important to consider at every site, the lack of conflict and low risk profile mitigates the risks.

Human Rights topics will be included in the 2019 annual Ethics and Compliance trainings to facilitate employee awareness of the Human Rights policy and their involvement in its implementation.

View Human Rights Policy

Palmarejo Partners with the Ejidos
  • Mexicana Water Improvments
  • Mexicana Scrap Metal
  • Mexicana Health Care
  • Mexicana Health Education
  • Mexicana School Construction
  • Mexicana Scholarships
 

The Ejido is an important form of communal land ownership in Mexico, and more than 90% of the land in this part of the country is Ejido property. In order to operate the Palmarejo mine and further explore the surrounding areas, Coeur has surface land agreements with five Ejidos: Palmarejo, Guazaparez, Agua Salada, Chínipas and Guerra al Tirano.

In exchange for use of the land, Coeur pays a fixed amount of money per hectare to each of the Ejidos in addition to providing support for economic development, health and education initiatives. Examples of the initiatives include:

Infrastructure projects in the communities, including improving access to water for 5 communities in 2018, impacting an estimated 1000 families

Support for elder care

Health education, clean water, trash dumps and sewage infrastructure.

Economic development through support for local entrepreneurs

Free medical attention

Training programs

Schools improvements

University scholarships for local students