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Additional Information
Market: TSX NYSE
Sector: Platinum & Precious Metals
EPIC: CDM
Latest Price: 27.97  (-0.57% Descending)
52-week High: 35.39
52-week Low: 21.79
Market Cap: 2,503.94M
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Coeur d'Alene
www.coeur.com

Coeur d’Alene Mines Corporation is one of the world’s leading silver companies and also a significant gold producer, with expected silver production in 2008 of 12.5 million ounces and in 2009 of over 20 million ounces.

Coeur, which has no silver or gold production hedged, is now producing silver at what is expected to be the world’s largest pure silver mine - San Bartolomé in Bolivia – and is currently constructing another world-leading silver mine – Palmarejo in Mexico. The Company also operates 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. The Company also owns a major gold project - Kensington in Alaska - and conducts exploration activities in Argentina, Bolivia, Chile, Mexico and Tanzania.

Full Coeur d'Alene profile here
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Coeur D'Alene Palmarejo Silver and Gold reserve jumps 40%

5th Nov 2009, 9:46 am

by Dorothy Kocish, Mineweb.com

Coeur d'Alene Mines announced Wednesday a 40% increase in silver and gold reserves at its Palmarejo silver and gold mine in Chihuahua, Mexico, to a total of 88.6 million ounces of silver and 1.1 million ounces of gold.

The 25.8 million ounces of new silver reserves and 315,000 ounces of new gold reserves represent the initial underground ore reserves at the nearby Guadalupe deposit. Guadalupe is expected to begin contributing to Palmarejo's production in 2011.

In a news release, Don Birak, Coeur's senior vice president of exploration, said, "The Guadalupe vein system is now over 2.1 kilometers long and remains open along strike to the north and at depth. ...This area, along with other targets near Guadalupe, will continue to be the focus of our aggressive drilling program in 2010."

Palmarejo began production in March of this year. It is expected to produce 5.3 million ounces of silver and 72,000 ounces of gold in 2009.

Coeur anticipates beginning underground development of Guadalupe's reserves in 2010.

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