Welcome to our dedicated page for Coeur Mng news (Ticker: CDE), a resource for investors and traders seeking the latest updates and insights on Coeur Mng stock.
Coeur Mining Inc (NYSE: CDE) provides investors and industry observers with essential updates through this centralized news resource. As a leading silver and gold producer with operations across North and South America, CDE's news coverage reflects its strategic position in the precious metals sector.
This page aggregates official press releases, operational updates, and strategic developments from Coeur Mining's diversified mining portfolio. Users can track critical information including production results, exploration progress, and corporate initiatives across key assets like the Palmarejo and Rochester mines.
Regular updates cover essential business activities without speculative commentary, including earnings announcements, sustainability efforts, and operational optimizations. The curated format enables efficient monitoring of CDE's performance in volatile commodity markets.
Bookmark this page for direct access to Coeur Mining's verified announcements, maintaining informed perspectives on one of the mining sector's most geographically diversified producers. Check back regularly for the latest developments impacting silver and gold production capabilities.
Coeur Mining, Inc. (CDE) announced a significant increase in its exploration investment for 2021, totaling approximately $75 million, which is nearly 50% higher than the previous record. The company drilled approximately 698,100 feet across various North American assets, achieving notable results at Palmarejo, Kensington, Silvertip, and Wharf. Key high-grade intercepts were reported, particularly from the Hidalgo zone at Palmarejo and the Southern Silver zone at Silvertip. The company aims to complete around 1.2 million feet of drilling by year-end to enhance mine life and resource growth.
Coeur Mining (NYSE: CDE) will have its President and CEO, Mitchell J. Krebs, present at the Gold Forum Americas in Colorado Springs on September 13, 2021, at 1:50 p.m. MT. This investment conference is virtual and invitation-only, with webcast and presentation materials available on the company's website at www.coeur.com. Coeur Mining is a U.S.-based precious metals producer with five wholly-owned operations, including the Palmarejo gold-silver complex and the Rochester silver-gold mine.
Coeur Mining (CDE) announced its Q2 2021 financial results, reporting revenue of $214.9 million, a 6% increase quarter-over-quarter and a 39% increase year-over-year. Operating cash flow reached $58.1 million, driven by higher gold and silver production, which rose 12% and 60% year-over-year, respectively. The Company achieved a new drilling record, completing approximately 320,400 feet of drilling during the quarter. Coeur also advanced the Rochester expansion project, now 31% complete, and acquired a 17.8% stake in Victoria Gold Corp. for $118.8 million.
Coeur Mining, Inc. (CDE) plans to report its Q2 2021 operational and financial results after trading closes on July 28, 2021. A conference call is scheduled for July 29, 2021, at 11:00 AM ET, featuring President and CEO Mitchell J. Krebs and other senior executives. The call will include discussions on performance metrics, and a replay will be available until August 5, 2021. Coeur is a diversified precious metals producer with five wholly-owned operations across North America.
Coeur Mining, Inc. (NYSE: CDE) announced significant updates to its exploration programs at the Silvertip mine in British Columbia and the Crown property in Nevada. The company drilled approximately 340,300 feet as of April 2021, a 66% increase from the prior year, with plans to invest $68 million in exploration, marking its largest campaign to date. New discoveries, such as the Southern Silver Zone at Silvertip, show promising high-grade mineralization. Preliminary results suggest continued resource growth at the Crown property’s multiple zones, further enhancing Coeur's growth potential in precious metals.
Coeur Mining, Inc. (NYSE: CDE) will feature its President and CEO, Mitchell J. Krebs, and CFO, Thomas S. Whelan, at the Goldman Sachs Credit & Leveraged Finance Conference on May 17, 2021. Whelan will engage in a virtual fireside chat at 1:20 p.m. CT. Both executives will also participate in the Bank of America Global Metals, Mining & Steel Conference on May 18, 2021. These events are invitation-only, and presentation materials will be accessible on the Company’s website. Coeur Mining operates five wholly-owned precious metals mines across North America.
Coeur Mining has agreed to acquire approximately 17.8% of Victoria Gold Corp's outstanding shares from Orion for C$13.20 per share, totaling about $117.2 million in aggregate consideration. This acquisition aligns with Coeur's strategy to enhance its investment in precious metals assets. The transaction is anticipated to close around May 11, 2021, subject to customary conditions. Orion will also receive about 4.9% of Coeur's shares, and the deal includes provisions for future strategic discussions. Coeur's solid operational footprint spans five wholly-owned mines across North America.
Coeur Mining, Inc. (CDE) reported Q1 2021 results with revenues of $202.1 million, a 17% year-over-year decline. However, adjusted EBITDA rose 42% to $65.9 million, driven by strong gold production of 85,225 ounces. Cash flow from operations was negative at $(4.4) million due to lower metal sales and increased cash taxes. The company reaffirmed its 2021 production guidance of 322,500-367,500 ounces of gold and 9.7-12.2 million ounces of silver. Key initiatives include refinancing senior notes and construction of the Rochester mine expansion, now 20% complete.
Coeur Mining (CDE) released its 2020 Responsibility Report, focusing on its environmental, social, and governance (ESG) initiatives. The report highlights adherence to frameworks like SASB, TCFD, and GRI, demonstrating Coeur's commitment to transparency and improving ESG standards. Key goals include enhanced diversity measures and emissions intensity reductions, aiming to drive long-term value for stakeholders. CEO Mitchell J. Krebs emphasized the integration of ESG principles across operations, reinforcing the company's dedication to responsible resource management.
Coeur Mining, Inc. (NYSE: CDE) will report its first quarter 2021 operational and financial results after market close on April 28, 2021. A conference call with management, including CEO Mitchell J. Krebs, is scheduled for April 29, 2021, at 11:00 a.m. ET. Investors can listen to a replay until May 6, 2021.
Coeur operates five wholly-owned precious metals mines across North America, reaffirming its status as a diversified and growing producer in the industry.