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. reports operating and financial developments for a U.S.-based precious metals producer with gold, silver and copper exposure in North America. The company’s wholly owned operations include New Afton, Rainy River, Las Chispas, Palmarejo, Rochester, Kensington and Wharf, along with the Silvertip polymetallic critical minerals exploration project in British Columbia.
Recurring updates cover quarterly results, production and cost guidance, mine expansion work, technical reports, reserves and resources, capital projects, acquisition integration, senior note and credit-related actions, and responsibility reporting tied to environmental, safety, workforce, community and governance priorities.
The Tahltan Nation and Coeur Silvertip Holdings Ltd. have signed a significant Impact-Benefit Agreement (IBA) for the Silvertip mine in northern British Columbia. This IBA aims to create a long-term partnership focused on socially and environmentally responsible mining, promoting employment and economic opportunities for the Tahltan people. Leaders from both sides express optimism about the collaboration, which includes commitments to environmental protection and shared benefits. The agreement is also viewed as a step towards resuming and expanding mining operations at Silvertip.
Coeur Mining, Inc. (NYSE: CDE) will report its fourth quarter and full-year 2020 operational and financial results on February 17, 2021, after market close. A conference call will follow on February 18, 2021, at 10:00 a.m. ET, featuring CEO Mitchell J. Krebs and CFO Thomas S. Whelan. Participants can access the call through designated numbers for the U.S., Canada, and internationally. The event will provide insights into the Company's precious metals operations across North America, including the recently completed quarters.
Coeur Mining announced the expansion of its Rochester silver-gold mine in Nevada, which promises significant reserve growth. The updated report shows an after-tax NAV5% of $634 million and an internal rate of return of 31%. The mine life is extended to 18 years, with average annual free cash flow of $104 million for the first decade post-expansion. Silver and gold reserves are projected to increase by 58% and 65%, respectively. Construction is underway, with major completion expected by late 2022.
Coeur Mining (NYSE: CDE) will host its 2020 Investor Day virtually on December 17, 2020, at 8:30 a.m. CT. The executive team will discuss the Company's strategy, performance, operations, and outlook. Interested participants can register for the event at this link. Presentation materials will be available before markets open on the same day, and a replay of the webcast will be accessible for one year. Coeur operates five mines across North America and has various exploration projects.
Coeur Mining, Inc. (CDE) executives will present at the RBC Capital Markets Global Mining and Materials Conference on November 16, 2020. CEO Mitchell J. Krebs will participate in a virtual fireside chat at 1:00 p.m. Central Time. This conference is invitation-only and focused on investment opportunities in the mining sector. Presentation materials will be available on Coeur's website. The company operates five mines across North America, producing precious metals, and maintains interests in various exploration projects.
Coeur Mining (NYSE: CDE) reported its third quarter 2020 financial results, showing a remarkable recovery with revenue of $229.7 million, a 49% increase year-over-year, and adjusted EBITDA more than doubling to $90.8 million. Gold and silver production surged by 23% and 58% respectively. The company generated $56.5 million in free cash flow and reduced total debt by $47.5 million.
Key highlights included strong operational performance at Palmarejo and Wharf, successful construction commencement at Rochester, and a robust exploration program.
Coeur Mining, Inc. (NYSE: CDE) will report its third quarter 2020 financial results on October 28, 2020, after market close. A conference call is scheduled for October 29, 2020, at 11:00 a.m. Eastern Time, led by CEO Mitchell J. Krebs and CFO Thomas S. Whelan. The call will address operational updates and financial performance, allowing investors to gain insights into the company’s progress and strategies. Replay of the call will be available until November 12, 2020.