Coeur Mining
#2726
Rank
$5.87B
Marketcap
United States
Country
Mr. Mitchell J. Krebs (Pres, CEO & Director)
Mr. Thomas S. Whelan (Sr. VP & CFO)
Mr. Michael Routledge (Sr. VP & COO)
Summary
History
Coeur Mining was formed in 1928 to mine silver in the Coeur d'Alene region of Idaho. The company was an important mine operator in northern Idaho for many decades and among others operated the Coeur d'Alene Silver Mine, the Coeur Mine and the Galena Mine. The firm sold its remaining assets in the region in July, 2006.In the past 30 years, Coeur has acquired and operated mines in the US, Mexico, Bolivia, Chile, Argentina and New Zealand and has had operating interests in mines in Australia. It also held investments in various exploration and mining companies. For a short while, it manufactured hose, duct and metal tubing. .
1983: Coeur acquired Asarco's operating lease on the Rochester Mine in Nevada. Production began in 1986 and the mine continues to operate in 2016.
1987: Acquired a 50% interest in the Kensington Property in Alaska. The remaining 50% was purchased in 1995 and production commenced in 2010. The mine continues to operate in 2014.
1990: Acquired the Fachinal property in Chile from a Chilean exploration company. The underground gold-silver Fachinal mine also known as the Cerro Bayo Mine was put into production in 1985 and closed in 2008. The Cerro Bayo assets were sold in 2010 to Mandalay Resources Corporation.
1991: Coeur acquired all of the outstanding common stock of Callahan Mining Corporation. This acquisition included the Galena Mine and the Flexaust Company, which manufactured flexible hose, duct and metal tubing. Coeur sold Flexaust in 1995.
1993: Acquired an 80% operating interest in the Golden Cross Mine from Cyprus Gold New Zealand Limited. The mine is an underground and surface gold mine located near Waihi, New Zealand. The mine was closed in 1998.
1994: The firm purchased controlling and operating interest in the underground gold-silver El Bronce Mine near Santiago Chile from Compania Minera El Bronce de Petorca. The mine operated until 2001 when it was shut down and Coeur sold its interest in the project in 2002.
1995: Coeur and ASARCO placed their interests in northern Idaho mines into a new corporation, Silver Valley Resources Corporation. The Coeur Mine was subsequently closed in 1998 and the Galena Mine continued to operate until 2006 when Coeur sold its interests in Silver Valley Resources to U.S. Silver Corporation.
1999: Acquired the San Bartolome silver project in Bolivia from ASARCO. The San Bartolome Mine was put into production in 2008 and continues to operate in 2014.
2002: Coeur acquired the Martha underground silver mine in Argentina from Yamana Resources Inc. Coeur operated the mine until September 2012 when it was shut down.
2005: Acquired all of the silver production and reserves, up to 20 million payable ounces, contained at the Endeavor Mine in Australia as well as all of the silver production and reserves, up to 17.2 million payable ounces, at the Broken Hill Mine in Australia.
2007: Acquired the Palmarejo project from Bolnisi Gold NL and Palmarejo Silver and Gold Corporation. The Palmarejo Mine was put into production in 2008 and continues to operate in 2014.
2013: Established Coeur Capital, Inc. to hold royalties and strategic investments.
2016: Produced 14.8 million ounces of silver and 358,170 ounces of gold .
Mission
Vision
Key Team
Mr. Casey M. Nault (Sr. VP, Gen. Counsel, Company Sec. & Chief ESG Officer)
Mr. Kenneth J. Watkinson (VP, Corp. Controller & Chief Accounting Officer)
Mr. Jeffrey Wilhoit (Director of Investor Relations)
Ms. Robyn G. Koyner (VP, Deputy Gen. Counsel & Chief Compliance Officer)
Mr. Alim Visram (VP of Corp. Devel.)
Ms. Emilie C. Schouten (Sr. VP of HR)
Ms. Aoife Mairead McGrath B.Sc., M.AIG., M.Sc. (Sr. VP of Exploration)
Recognition and Awards
References
https://en.wikipedia.org/wiki/Coeur_Mining
https://in.investing.com/equities/coeur-dalene-mines-corp
https://finance.yahoo.com/quote/CDE/profile?p=CDE
https://www.comparably.com/companies/coeur-mining/mission
https://www.crunchbase.com/organization/coeur-mining-inc
https://sec.report/CIK/0000215466
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Mr. Mitchell J. Krebs (Pres, CEO & Director)
Mr. Thomas S. Whelan (Sr. VP & CFO)
Mr. Michael Routledge (Sr. VP & COO)