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Coeur Mining

#2726

Rank

$5.87B

Marketcap

US United States

Country

Coeur Mining
Leadership team

Mr. Mitchell J. Krebs (Pres, CEO & Director)

Mr. Thomas S. Whelan (Sr. VP & CFO)

Mr. Michael Routledge (Sr. VP & COO)

Products/ Services
Manufacturing, Mineral, Mining, Precious Metals
Number of Employees
1,000 - 20,000
Headquarters
Chicago, Illinois, United States
Established
1928
Company Registration
SEC CIK number: 0000215466
Revenue
500M - 1B
Traded as
CDE
Social Media
Overview
Location
Summary
Coeur Mining, Inc. explores for precious metals in the United States, Canada, and Mexico. The company primarily explores for gold, silver, zinc, and lead properties. It holds 100% interests in the Palmarejo gold and silver mine covering an area of approximately 67,296 net acres located in the State of Chihuahua in Northern Mexico; the Rochester silver and gold mine that covers an area of approximately 43,441net acres situated in northwestern Nevada; the Kensington gold mine comprising 3,972 net acres located to the north of Juneau, Alaska; the Wharf gold mine covering an area of approximately 3,243 net acres situated in the northern Black Hills of western South Dakota; and the Silvertip silver-zinc-lead mine comprising 97,298 net acres located in northern British Columbia, Canada. In addition, the company owns interests in the Crown and Sterling projects located in southern Nevada; and the La Preciosa project located in Mexico. Further, it markets and sells its concentrates to third-party customers, smelters, under off-take agreements. The company was formerly known as Coeur d'Alene Mines Corporation and changed its name to Coeur Mining, Inc. in May 2013.Coeur Mining, Inc. was incorporated in 1928 and is headquartered in Chicago, Illinois.
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
Our purpose statement is, We Pursue a Higher Standard. Everything we do is fueled by this statement; it is our foundation and inspiration for our actions every day. At Coeur, we PROTECT our people, places and planet, DEVELOP quality resources, growth and plans, and DELIVER impactful results through teamwork.
Vision
Our vision is to be the premier mined metals producer in the Americas, creating an iconic portfolio of assets, empowering people to achieve their maximum potential and creating value of our shareholders.
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
Coeur Mining has received numerous awards for its commitment to sustainability, safety, and corporate governance, including awards from such organizations as Butte County Business Council and the Nevada Mining Association for our commitment to excellence in safety and environment performance.
References

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Coeur Mining
Leadership team

Mr. Mitchell J. Krebs (Pres, CEO & Director)

Mr. Thomas S. Whelan (Sr. VP & CFO)

Mr. Michael Routledge (Sr. VP & COO)

Products/ Services
Manufacturing, Mineral, Mining, Precious Metals
Number of Employees
1,000 - 20,000
Headquarters
Chicago, Illinois, United States
Established
1928
Company Registration
SEC CIK number: 0000215466
Revenue
500M - 1B
Traded as
CDE
Social Media