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Articles from Coeur Mining, Inc.

Coeur Reports Third Quarter 2024 Results
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSECDE) today reported third quarter 2024 financial results, including revenue of $313 million and cash flow from operating activities of $111 million. The Company reported GAAP net income from continuing operations of $49 million, or $0.12 per share. On an adjusted basis1, Coeur reported EBITDA of $126 million, cash flow from operating activities before changes in working capital of $87 million and net income from continuing operations of $47 million, or $0.12 per share.
By Coeur Mining, Inc. · Via Business Wire · November 6, 2024
Expanded Rochester Mine Achieves Mid-Year Target Run Rates
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSECDE) today reported that its recently-expanded Rochester silver and gold mine in Nevada successfully completed ramp-up activities at the end of the second quarter by achieving daily throughput rates of over 88,000 tons per day.
By Coeur Mining, Inc. · Via Business Wire · July 11, 2024
Coeur Announces Second Quarter 2024 Earnings Call
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSECDE) today announced that it will report its second quarter 2024 operational and financial results after the New York Stock Exchange closes for trading on Wednesday, August 7, 2024. The Company will be hosting a conference call at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) on Thursday, August 8, 2024.
By Coeur Mining, Inc. · Via Business Wire · July 9, 2024
Coeur Reports Continued Positive Results From Kensington’s Multi-Year Exploration Program
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSECDE) today reported positive results from its multi-year exploration drilling and development program at the Kensington underground gold mine in Southeast Alaska.
By Coeur Mining, Inc. · Via Business Wire · June 27, 2024
Coeur to Participate in Upcoming RBC Capital Markets Global Mining and Materials Conference
Coeur Mining, Inc.’s (“Coeur” or the “Company”) (NYSECDE) Chairman, President and Chief Executive Officer, Mitchell J. Krebs, will participate in the RBC Capital Markets Global Mining and Materials Conference on Thursday, June 13, 2024.
By Coeur Mining, Inc. · Via Business Wire · June 6, 2024
Coeur to Participate in Upcoming Canaccord Global Metals & Mining Conference
Coeur Mining, Inc.’s (“Coeur” or the “Company”) (NYSECDE) Senior Vice President and Chief Financial Officer, Thomas S. Whelan, and Senior Vice President and Chief Operating Officer, Michael “Mick” Routledge, will participate in the Canaccord Global Metals & Mining Conference in La Quinta, California on Thursday, May 9, 2024.
By Coeur Mining, Inc. · Via Business Wire · May 7, 2024
Expanded Rochester Mine Achieves Commercial Production; Ramp-Up on Schedule
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSECDE) today provided an update on its newly-expanded Rochester silver and gold mine in Nevada, including the achievement of commercial production at the operation as of March 31, 2024.
By Coeur Mining, Inc. · Via Business Wire · April 8, 2024
Coeur to Present at Gold Forum Europe
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSECDE) announced today that Senior Vice President and Chief Financial Officer Thomas S. Whelan will present at Gold Forum Europe in Zurich, Switzerland on Wednesday, April 10, 2024 at 1:10 p.m. Central European Time.
By Coeur Mining, Inc. · Via Business Wire · April 4, 2024
Coeur Reports Record 2023 Fourth Quarter Production at its Newly Expanded Rochester Operation and Provides Update on First Half 2024 Crusher Commissioning and Ramp-Up Progress
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSECDE) today provided an update on expansion-related activities taking place at its Rochester silver and gold operation in Nevada.
By Coeur Mining, Inc. · Via Business Wire · January 29, 2024
Coeur Drills Highest Grade Intercept Ever in the Southern Silver Zone at Silvertip
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSECDE) today provided an update on exploration at its high-grade Silvertip polymetallic exploration project in northern British Columbia.
By Coeur Mining, Inc. · Via Business Wire · January 22, 2024
Coeur to Participate in Upcoming TD Securities Global Mining Conference
Coeur Mining, Inc.’s (“Coeur” or the “Company”) (NYSECDE) President and Chief Executive Officer, Mitchell J. Krebs, will participate in the TD Securities Global Mining Conference on Wednesday, January 24, 2024.
By Coeur Mining, Inc. · Via Business Wire · January 18, 2024
Coeur Announces Positive Exploration Results at Kensington; Large-Scale Drilling Program Ramps Up at Silvertip
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSECDE) today provided updates on its exploration programs at the Kensington underground gold mine in Alaska, and the Silvertip polymetallic exploration project in British Columbia. Together, the Company expects to invest approximately 60% of its total 2023 exploration investment of $40 - $50 million in these two prospective assets.
By Coeur Mining, Inc. · Via Business Wire · September 12, 2023
Coeur Provides Palmarejo Exploration Update
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSECDE) today provided an update on the exploration programs at its Palmarejo gold-silver complex located in southwest Chihuahua, Mexico.
By Coeur Mining, Inc. · Via Business Wire · August 9, 2023
Coeur to Present at Gold Forum Europe
Coeur Mining, Inc.’s (“Coeur” or the “Company”) (NYSECDE) Senior Vice President and Chief Financial Officer, Thomas S. Whelan, will present at Gold Forum Europe in Zurich, Switzerland on Tuesday, April 11, 2023 at 2:10 p.m. Central European Time.
By Coeur Mining, Inc. · Via Business Wire · April 10, 2023
Coeur Reports Year-End 2022 Mineral Reserves and Resources
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSECDE) today reported year-end 2022 proven and probable reserves of 3.4 million ounces of gold and 245.7 million ounces of silver, reflecting year-over-year increases for both metals with reserve growth at each site, net of depletion.
By Coeur Mining, Inc. · Via Business Wire · February 22, 2023
Coeur Reports Fourth Quarter and Full-Year 2022 Results
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSECDE) today reported fourth quarter 2022 financial results, including revenue of $210 million and cash flow from operating activities of $29 million. The Company reported GAAP net income from continuing operations of $49 million, or $0.17 per share, driven by a $62 million gain on sale of the Crown and Sterling (“Crown Sterling”) holdings. On an adjusted basis1, Coeur reported EBITDA of $36 million, cash flow from operating activities before changes in working capital of $20 million and net loss from continuing operations of $18 million, or $0.06 per share.
By Coeur Mining, Inc. · Via Business Wire · February 22, 2023
Coeur Announces Fourth Quarter and Full-Year 2022 Earnings Call
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSECDE) today announced that it will report its fourth quarter and full-year 2022 operational and financial results after the New York Stock Exchange closes for trading on Wednesday, February 22, 2023. The Company will be hosting a conference call at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) on Thursday, February 23, 2023.
By Coeur Mining, Inc. · Via Business Wire · January 12, 2023
Coeur Reports Third Quarter 2022 Results
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSECDE) today reported third quarter 2022 financial results, including revenue of $183 million and cash flow from operating activities of $(19) million. The Company reported GAAP net loss from continuing operations of $57 million, or $0.21 per share, which included a $24 million lower of cost or market (“LCM”) adjustment at Rochester primarily due to lower silver prices. On an adjusted basis1, Coeur reported EBITDA of $18 million, cash flow from operating activities before changes in working capital of $(1) million and net loss from continuing operations of $45 million, or $0.16 per share.
By Coeur Mining, Inc. · Via Business Wire · November 9, 2022
Coeur Completes Sale of Southern Nevada Holdings for Upfront Cash Consideration of $150 million
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSECDE) today announced the closing of the transaction to sell its Crown and Sterling holdings (“Crown Sterling”) to a subsidiary of AngloGold Ashanti Limited (“AngloGold”) NYSE: AUNYSEAU)
By Coeur Mining, Inc. · Via Business Wire · November 4, 2022
Coeur Announces Third Quarter 2022 Earnings Call
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSECDE) today announced that it will report its third quarter 2022 operational and financial results after the New York Stock Exchange closes for trading on Wednesday, November 9, 2022. The Company will be hosting a conference call at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) on Thursday, November 10, 2022.
By Coeur Mining, Inc. · Via Business Wire · October 6, 2022
Coeur Announces Agreement to Sell Southern Nevada Holdings for Upfront Cash Consideration of $150 million
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSECDE) today announced that it has entered into a definitive agreement (the “Agreement”) with a subsidiary of AngloGold Ashanti Limited (“AngloGold”) NYSE: AUNYSEAU)
By Coeur Mining, Inc. · Via Business Wire · September 19, 2022
Coeur to Present at Gold Forum Americas
Coeur Mining, Inc.’s (“Coeur” or the “Company”) (NYSECDE) President and Chief Executive Officer, Mitchell J. Krebs, will present at Gold Forum Americas in Colorado Springs, Colorado on Monday, September 19, 2022 at 4:50 p.m. Mountain Time.
By Coeur Mining, Inc. · Via Business Wire · September 13, 2022
Coeur Reports Second Quarter 2022 Results
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSECDE) today reported second quarter 2022 financial results, including revenue of $204 million and cash flow from operating activities of $23 million. The Company reported GAAP net loss from continuing operations of $77 million, or $0.28 per share. On an adjusted basis1, Coeur reported EBITDA of $43 million, cash flow from operating activities before changes in working capital of $30 million and net loss from continuing operations of $13 million, or $0.05 per share.
By Coeur Mining, Inc. · Via Business Wire · August 3, 2022
Coeur Appoints Jeane Hull to Board of Directors
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSECDE) today announced the appointment of Jeane Hull to the Company’s Board of Directors and its Audit, Compensation and Leadership Development and Environmental, Health, Safety and Corporate Responsibility Committees effective July 19, 2022.
By Coeur Mining, Inc. · Via Business Wire · July 19, 2022
Coeur Announces Second Quarter 2022 Earnings Call
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSECDE) today announced that it will report its second quarter 2022 operational and financial results after the New York Stock Exchange closes for trading on Wednesday, August 3, 2022. The Company will be hosting a conference call at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) on Thursday, August 4, 2022.
By Coeur Mining, Inc. · Via Business Wire · July 5, 2022
Coeur to Present at Renmark’s Virtual Non-Deal Roadshow Series
Coeur Mining, Inc.’s (“Coeur” or the “Company”) (NYSECDE) President and Chief Executive Officer, Mitchell J. Krebs, will present at the Virtual Non-Deal Roadshow Series hosted by Renmark Financial Communications Inc. (“Renmark”) on Monday, June 27, 2022 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time).
By Coeur Mining, Inc. · Via Business Wire · June 23, 2022
Coeur to Participate in Upcoming RBC Capital Markets Global Mining and Materials Conference
Coeur Mining, Inc.’s (“Coeur” or the “Company”) (NYSECDE) Senior Vice President and Chief Financial Officer, Thomas S. Whelan, will participate in the RBC Capital Markets Global Mining and Materials Conference on Thursday, June 9, 2022.
By Coeur Mining, Inc. · Via Business Wire · June 7, 2022
Coeur to Participate in Upcoming Conferences
Coeur Mining, Inc.’s (“Coeur” or the “Company”) (NYSECDE) Senior Vice President and Chief Financial Officer, Thomas S. Whelan, and Senior Vice President and Chief Operating Officer, Michael “Mick” Routledge, will participate in the Canaccord Global Metals & Mining Conference in Palm Desert, California on Monday, May 16, 2022. Additionally, President and Chief Executive Officer, Mitchell J. Krebs, will participate in the Bank of America Global Metals, Mining & Steel Conference in Miami, Florida on Wednesday, May 18, 2022.
By Coeur Mining, Inc. · Via Business Wire · May 12, 2022
Coeur Reports First Quarter 2022 Results
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSECDE) today reported first quarter 2022 financial results, including revenue of $188 million and cash flow from operating activities of $(6) million. The Company reported GAAP net income from continuing operations of $8 million, or $0.03 per share. On an adjusted basis1, Coeur reported EBITDA of $42 million, cash flow from operating activities before changes in working capital of $24 million and net loss from continuing operations of $14 million, or $0.05 per share.
By Coeur Mining, Inc. · Via Business Wire · May 4, 2022
Coeur Provides Balance Sheet and Liquidity Update
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSECDE) today announced the completion of three initiatives to bolster its liquidity and materially enhance its balance sheet flexibility as it advances the transformational expansion of its Rochester silver and gold operation in Nevada.
By Coeur Mining, Inc. · Via Business Wire · May 3, 2022
Coeur Announces New Discovery at Silvertip; Details Exploration Success at Kensington and Palmarejo
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSECDE) today provided an update on the exploration programs at its Silvertip, Kensington and Palmarejo mines. The Company plans to invest approximately $40 million1 in exploration this year, split evenly between capitalized infill and resource expansion drilling.
By Coeur Mining, Inc. · Via Business Wire · April 28, 2022
Coeur Publishes 2021 ESG Report
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSECDE) today published its 2021 ESG Report (the “Report”), highlighting the Company’s progress in advancing its environmental, social and governance practices and responsible mining operations. The Report details the Company’s commitment to transparently disclosing its public targets, maintaining best-in-class corporate governance practices and having a positive environmental and social impact while generating long-term value for stockholders.
By Coeur Mining, Inc. · Via Business Wire · April 27, 2022
Coeur Announces First Quarter 2022 Earnings Call
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSECDE) today announced that it will report its first quarter 2022 operational and financial results after the New York Stock Exchange closes for trading on Wednesday, May 4, 2022. The Company will be hosting a conference call at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) on Thursday, May 5, 2022.
By Coeur Mining, Inc. · Via Business Wire · April 5, 2022
Coeur Completes Sale of its La Preciosa Project
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSECDE) today announced that it has closed the sale of its La Preciosa silver project, which is located in the State of Durango, Mexico, to Avino Silver & Gold Mines Ltd. (“Avino”) (TSX/NYSE American: ASM) by way of the previously announced definitive agreement (the “Agreement”).
By Coeur Mining, Inc. · Via Business Wire · March 21, 2022
Coeur to Participate in Upcoming BMO Global Metals & Mining Conference
Coeur Mining, Inc.’s (“Coeur” or the “Company”) (NYSECDE) President and Chief Executive Officer, Mitchell J. Krebs, will present at the 31st Annual BMO Capital Markets Global Metals & Mining Conference in Hollywood, Florida on Tuesday, March 1, 2022 at 8:30 a.m. Central Time (9:30 a.m. Eastern Time).
By Coeur Mining, Inc. · Via Business Wire · February 24, 2022
Coeur Reports Fourth Quarter and Full-Year 2021 Results
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSECDE) today reported fourth quarter 2021 financial results, including revenue of $208 million and cash flow from operating activities of $35 million. The Company reported GAAP net loss from continuing operations of $11 million, or $0.04 per share, which included a non-cash unrealized loss of $8 million on strategic equity investments, primarily related to Coeur’s 18% equity ownership of Victoria Gold Corp. (“Victoria”) during the quarter. On an adjusted basis1, Coeur reported EBITDA of $49 million, cash flow from operating activities before changes in working capital of $38 million and net loss from continuing operations of $12 million, or $0.05 per share.
By Coeur Mining, Inc. · Via Business Wire · February 16, 2022
Coeur Reports Year-End 2021 Mineral Reserves and Resources
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSECDE) today reported year-end 2021 proven and probable reserves of 3.1 million ounces of gold, 238.2 million ounces of silver, 296.1 million pounds of zinc and 193.2 million pounds of lead. Year-over-year gold reserves were essentially unchanged, net of depletion, driven by a higher cut-off grade assumption at Rochester offset by increases at Wharf and Palmarejo. Year-over-year silver reserves decreased due primarily to the higher cut-off grade applied at Rochester partially offset by an increase at Palmarejo.
By Coeur Mining, Inc. · Via Business Wire · February 16, 2022
Coeur Announces Fourth Quarter and Full-Year 2021 Earnings Call
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSECDE) today announced that it will report its fourth quarter and full-year 2021 operational and financial results after the New York Stock Exchange closes for trading on Wednesday, February 16, 2022. The Company will be hosting a conference call at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) on Thursday, February 17, 2022.
By Coeur Mining, Inc. · Via Business Wire · January 11, 2022
Coeur Reports Positive Exploration Results at Rochester and Crown Programs
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSECDE) today provided an update on its 2021 exploration programs at its Rochester operation in northern Nevada and the Crown exploration project in southern Nevada. Collectively, Coeur has drilled just over one million feet (307,925 meters) from up to 27 active rigs at six different locations through the first ten months of 2021, reflecting a year-over-year increase of roughly 50%. The Company plans to invest an all-time record of approximately $70 million1 in exploration this year, nearly 48% more than last year’s record exploration investment.
By Coeur Mining, Inc. · Via Business Wire · December 14, 2021
Coeur to Participate in Upcoming Conferences
Coeur Mining, Inc.’s (“Coeur” or the “Company”) (NYSECDE) President and Chief Executive Officer, Mitchell J. Krebs, will participate in the Scotiabank Mining Conference on Wednesday, December 1, 2021. Additionally, Coeur’s Senior Vice President and Chief Financial Officer, Thomas S. Whelan, will participate in the Bank of America Leveraged Finance Conference on Wednesday, December 1, 2021.
By Coeur Mining, Inc. · Via Business Wire · November 23, 2021
Coeur to Participate in Upcoming RBC Capital Markets Global Mining and Materials Conference
Coeur Mining, Inc.’s (“Coeur” or the “Company”) (NYSECDE) President and Chief Executive Officer, Mitchell J. Krebs, and Senior Vice President and Chief Financial Officer, Thomas S. Whelan, will participate in the RBC Capital Markets Global Mining and Materials Conference on Wednesday, November 17, 2021. Mr. Krebs will also take part in a virtual fireside chat during the conference at 8:45 a.m. Central Time.
By Coeur Mining, Inc. · Via Business Wire · November 11, 2021
Coeur Reports Third Quarter 2021 Results
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSECDE) today reported third quarter 2021 financial results, including revenue of $208.0 million and cash flow from operating activities of $21.8 million. The Company reported GAAP net loss from continuing operations of $54.8 million, or $0.21 per share, which included a $26.0 million non-cash write-down of Mexican value-added tax (“VAT”) refunds and non-cash unrealized losses of $35.7 million on strategic equity investments, primarily related to Coeur’s 18% equity ownership of Victoria Gold Corp. (“Victoria”) during the quarter. On an adjusted basis1, Coeur reported EBITDA of $48.8 million, cash flow from operating activities before changes in working capital of $34.8 million and net loss from continuing operations of $2.6 million, or $0.01 per share.
By Coeur Mining, Inc. · Via Business Wire · October 27, 2021
Coeur Announces Third Quarter 2021 Earnings Call
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSECDE) today announced that it will report its third quarter 2021 operational and financial results after the New York Stock Exchange closes for trading on Wednesday, October 27, 2021. The Company will be hosting a conference call at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) on Thursday, October 28, 2021.
By Coeur Mining, Inc. · Via Business Wire · October 5, 2021
Coeur to Present at Renmark’s Virtual Non-Deal Roadshow Series
Coeur Mining, Inc.’s (“Coeur” or the “Company”) (NYSECDE) President and Chief Executive Officer, Mitchell J. Krebs, will present at the Virtual Non-Deal Roadshow Series hosted by Renmark Financial Communications Inc. (“Renmark”) on Friday, September 17, 2021 at 11:00 a.m. Central Time.
By Coeur Mining, Inc. · Via Business Wire · September 14, 2021
Coeur Provides Exploration Update
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSECDE) today reported an update on its 2021 exploration programs at its Palmarejo and Kensington operations, following its update on February 17, 2021. The Company also highlighted new drilling results at its Silvertip and Wharf mines. Coeur drilled approximately 698,100 feet (212,775 meters) from 27 active rigs at six different locations through the first seven months of 2021, reflecting a year-over-year increase of roughly 58%. The Company plans to invest approximately $75 million1 in exploration this year, nearly 50% higher than last year’s record exploration investment, representing one of the sector’s largest exploration programs.
By Coeur Mining, Inc. · Via Business Wire · September 9, 2021
Coeur to Present at Gold Forum Americas
Coeur Mining, Inc.’s (“Coeur” or the “Company”) (NYSECDE) President and Chief Executive Officer, Mitchell J. Krebs, will present at Gold Forum Americas in Colorado Springs, Colorado on Monday, September 13, 2021 at 1:50 p.m. Mountain Time.
By Coeur Mining, Inc. · Via Business Wire · September 8, 2021
Coeur Reports Second Quarter 2021 Results
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSECDE) today reported second quarter 2021 financial results, including revenue of $214.9 million, cash flow from operating activities of $58.1 million and GAAP net income from continuing operations of $32.1 million, or $0.13 per share. On an adjusted basis1, the Company reported EBITDA of $52.7 million, cash flow from operating activities before changes in working capital of $31.4 million and net loss from continuing operations of $0.8 million, or $0.00 per share.
By Coeur Mining, Inc. · Via Business Wire · July 28, 2021
Coeur Announces Second Quarter 2021 Earnings Call
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSECDE) today announced that it will report its second quarter 2021 operational and financial results after the New York Stock Exchange closes for trading on Wednesday, July 28, 2021. The Company will be hosting a conference call at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) on Thursday, July 29, 2021.
By Coeur Mining, Inc. · Via Business Wire · July 6, 2021
Coeur Provides Silvertip and Crown Exploration Update
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSECDE) today provided an update on 2021 exploration programs at its Silvertip mine in British Columbia and Crown exploration property in Nevada. The Company highlighted new drilling results at the recently discovered Southern Silver Zone at Silvertip and at the four mineralized zones within the Crown Block – Daisy, Secret Pass, SNA and C-Horst. Through the first four months of 2021, Coeur drilled approximately 340,300 feet (103,750 meters) at six different locations – a 66% increase compared to the same period in 2020. Coeur anticipates investing $68 million1 in exploration this year, which would make this the largest exploration campaign in Coeur’s history and over 30% higher than last year’s exploration investment.
By Coeur Mining, Inc. · Via Business Wire · June 15, 2021
Coeur to Participate in Upcoming Conferences
Coeur Mining, Inc.’s (“Coeur” or the “Company”) (NYSECDE) President and Chief Executive Officer, Mitchell J. Krebs, and Senior Vice President and Chief Financial Officer, Thomas S. Whelan, will participate in the Goldman Sachs Credit & Leveraged Finance Conference on Monday, May 17, 2021. Mr. Whelan will also take part in a virtual fireside chat during the conference at 1:20 p.m. Central Time (2:20 p.m. Eastern Time). Mr. Krebs and Mr. Whelan will also participate in the Bank of America Global Metals, Mining & Steel Conference on Tuesday, May 18, 2021.
By Coeur Mining, Inc. · Via Business Wire · May 13, 2021
Coeur Announces Investment in Victoria Gold Corp.
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSECDE) announced today that it has entered into an agreement to acquire 11,067,714 (approximately 17.8%) of the outstanding undiluted common shares of Victoria Gold Corp. (“Victoria”) (TSX: VGCX) from Orion Co-VI Ltd. (“Orion”), at price of C$13.20 per share which reflects a 5% discount to the trailing 30-day volume weighted price for the period ending May 7, 2021. In connection with the transaction, Orion will receive 12,785,485 shares of Coeur common stock (approximately 4.9% of issued and outstanding shares), based on the trailing 30-day volume weighted price of $9.17 per share, for the period ended May 7, 2021, representing aggregate consideration of approximately $117.2 million. Orion’s sales of Coeur shares will be subject to certain restrictions. The transaction is expected to close on or about May 11, 2021, subject to closing conditions.
By Coeur Mining, Inc. · Via Business Wire · May 10, 2021
Coeur Reports First Quarter 2021 Results
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSECDE) today reported first quarter 2021 financial results, including revenue of $202.1 million, cash flow from operating activities of $(4.4) million and GAAP net income from continuing operations of $2.1 million, or $0.01 per share. On an adjusted basis1, the Company reported EBITDA of $65.9 million, cash flow from operating activities before changes in working capital of $41.6 million and net income from continuing operations of $13.9 million, or $0.06 per share.
By Coeur Mining, Inc. · Via Business Wire · April 28, 2021
Coeur Publishes 2020 Responsibility Report
Coeur Mining, Inc.’s (“Coeur” or the “Company”) (NYSECDE) today published its 2020 Responsibility Report, highlighting the Company’s increased focus on transparently disclosing information regarding its environmental, social and governance (“ESG”) programs and initiatives. The report demonstrates the alignment between the Company’s commitment to maintaining best-in-class corporate governance practices and having a positive environmental and social impact while generating long-term value for stockholders.
By Coeur Mining, Inc. · Via Business Wire · April 28, 2021
Coeur Announces First Quarter 2021 Earnings Call
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSECDE) today announced that it will report its first quarter 2021 operational and financial results after the New York Stock Exchange closes for trading on Wednesday, April 28, 2021. The Company will be hosting a conference call at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) on Thursday, April 29, 2021.
By Coeur Mining, Inc. · Via Business Wire · April 6, 2021