Coeur Mng Inc Stock Price, News & Analysis

Coeur Mining has appointed Jeane Hull to its Board of Directors effective July 19, 2022. Ms. Hull brings over 35 years of experience in mining operations, having held significant positions including COO at Rio Tinto's Kennecott Utah Copper Mine. She also serves on multiple boards and holds degrees in Civil Engineering and an MBA. The company aims to leverage her expertise, particularly as it approaches the completion of its Rochester expansion project in Nevada and advances its ESG initiatives.

Coeur Mining, Inc. (NYSE: CDE) will report Q2 2022 operational and financial results on August 3, 2022, after market close. A conference call is scheduled for August 4, 2022, at 11:00 a.m. ET, featuring CEO Mitchell J. Krebs and CFO Thomas S. Whelan. Investors can access the call via the phone numbers provided for the U.S. and Canada, as well as internationally. Replay options will be available until August 11, 2022. Coeur operates several precious metals mines across North America.

Coeur Mining (NYSE: CDE) will participate in a virtual non-deal roadshow on June 27, 2022, at 9:00 a.m. CT (10:00 a.m. ET), led by its President and CEO Mitchell J. Krebs. The event is hosted by Renmark Financial Communications Inc. and aims to provide insights into the company's operations and strategy.

Interested participants can register for the event through the provided link. Live attendance might be limited, but a replay will be accessible on Renmark's website afterward.

Coeur Mining (NYSE: CDE) announces that its CFO, Thomas S. Whelan, will participate in the RBC Capital Markets Global Mining and Materials Conference on June 9, 2022. This invitation-only event is focused on investment opportunities in the mining sector. Presentation materials will be accessible on the company’s website at www.coeur.com. Coeur Mining operates four key precious metals mines in North America, including locations in Mexico, Nevada, Alaska, and South Dakota.

Coeur Mining, Inc. (NYSE: CDE) will have its executives participating in two major investment conferences. The Senior Vice President and Chief Financial Officer, Thomas S. Whelan, along with Senior Vice President and Chief Operating Officer, Michael “Mick” Routledge, will attend the Canaccord Global Metals & Mining Conference in Palm Desert, California, on May 16, 2022. Additionally, President and CEO, Mitchell J. Krebs, will join the Bank of America Global Metals, Mining & Steel Conference in Miami, Florida, on May 18, 2022. Presentation materials will be accessible on Coeur's website.

Coeur Mining reported Q1 2022 results with revenues of $188 million, a decrease from $208 million in Q4 2021. The company confirmed its full-year guidance, expecting gold production between 315,000 - 353,000 ounces and silver 9,000 - 11,000 ounces. Despite a $6 million cash flow deficit from operations, production remained in line due to strong performances at Palmarejo and Wharf. Enhancements in liquidity included a $90 million expansion of its revolving credit facility and a $100 million equity offering. The Rochester expansion is on track, with 80% of the budget committed.

Coeur Mining, Inc. (NYSE: CDE) has completed three key initiatives aimed at strengthening its liquidity and enhancing balance sheet flexibility as it progresses with the expansion of its Rochester silver and gold operation in Nevada. The initiatives include:

• Increased gold hedging: Covers 70% of 2022 and 38% of 2023 expected gold production at average prices of $1,955 and $1,982 per ounce, respectively.
• Expanded revolving credit facility: Increased borrowing capacity from $300 million to $390 million.
• Completed $100 million ATM equity offering: Sold 22 million shares at an average price of $4.53.

Coeur Mining has announced a $40 million investment in exploration for its Silvertip, Kensington, and Palmarejo mines. Over the last five years, the company invested $240 million, resulting in significant reserve and resource growth. Key discoveries at the Silvertip mine include the high-grade Camp Creek West zone, showing promising assay results, while Kensington continues to reveal high-grade gold deposits. Results from the Palmarejo mine highlight further growth potential. These developments reflect Coeur's commitment to enhancing its portfolio through strategic exploration.