Coeur Mining / CDE (NYSE)

    Artikel von Andy So


    Coeur expects to begin full production by early 2008.
    (...)
    I am bullish on silver. I expect to see silver over $20 if gold reaches above $800. I am expecting to see these targets reached in the next 12-24 months. Coeur estimates the cash cost at San Bartolome in the initial four years to average approximately $4.00 per ounce of silver produced... =)


    VG heron

    COEUR D'ALENE, Idaho, May 08, 2007 (BUSINESS WIRE) -- Coeur d'Alene Mines Corporation (CDE: Coeur d'Alene Mines Corporation) (CA:CDM) : -- HIGHLIGHTS --
    -- 32% increase in pretax income to $17.7 million
    -- 32% increase in cash provided by operations to $22.7 million
    -- 13% increase in sales of metal
    -- 2.6 million ounces of silver production and 25,000 ounces of gold production
    -- Construction advances at San Bartolome; commercial production expected in early 2008
    -- Began work on new mill at the Martha mine in Argentina
    -- Increase in San Bartolome silver mineral reserves and resources
    -- Announced proposed merger to create world's leading primary silver company
    Coeur d'Alene Mines Corporation (CDE: Coeur d'Alene Mines Corporation) (CA:CDM) today reported net income of $14.0 million, or $0.05 per diluted share, for the first quarter of 2007, compared to net income of $14.3 million, or $0.05 per diluted share, for the year-ago period.
    Income from continuing operations before taxes increased 32 percent, to $17.7 million, as compared to $13.4 million in the year-ago period. Cash flow from operations increased 32 percent, to $22.7 million in the first quarter of 2007, as compared to $17.2 million in the year-ago period.
    Metal sales for the first quarter of 2007 increased nearly 13 percent, to $50.9 million, as compared to $44.9 million in the year-ago quarter.
    In commenting on the company's performance relative to the year-ago quarter, Dennis E. Wheeler, Chairman, President and Chief Executive Officer, said, "The company's improved pretax income was driven by higher realized prices and particularly strong operating results at the Rochester, Endeavor, and Martha mines. The change in net income was due largely to an income tax provision of $3.7 million in the first quarter of 2007 as compared to an income tax benefit of $0.3 million in the year-ago quarter. Separately, we are pleased with the construction progress at San Bartolome and look forward to placing the mine into production by the first quarter of 2008. San Bartolome is projected to add 9 million ounces of silver production in 2008."
    Wheeler added, "As the year progresses, we expect to see quarterly production levels that are consistently above the levels of the first quarter of 2007."
    Wheeler also commented on the company's recent agreement to merge with Bolnisi Gold and Palmarejo Silver and Gold. "The transaction represents a transformation of Coeur into the world's leading primary silver-producing company. By virtue of the transaction, Coeur will be positioned to produce an expected 32 million ounces of silver and 290,000 ounces of gold in 2009. We look forward to delivering the significant benefits of the combination to all shareholders."

    • Offizieller Beitrag

    Coeur war vor vielen Jahren ein interessanter Wert, hatte den auch mal, hoch gewichtet.


    Aber eine riesige Verwässerung in den letzten Jahren.
    Habe da so grob eine etwa 10fache in Erinnerung.


    Eine enorme Brüskierung und Benachteiligung der freien Aktionäre IMO.
    Weitaus die meisten Silber - Juniors haben viel besser performed.


    Grüsse


    "Die Märkte haben nie unrecht, die Menschen oft." Jesse Livermore, 20.Jh.


    "Die Demokratie ist das Paradies der Schreier und Schwätzer, Phraseure, Schmeichler und Schmarotzer, die jedem sachlichen Talent weit mehr den Weg verlegen, als dies in einer anderen Verfassungsform vorkommt." E.von Hartmann


    Dieser Beitrag ist eine persönliche Meinung gem. Art.5 Abs.1 GG und Urteil des BVG 1 BvR 1384/16

    COEUR D'ALENE, Idaho, May 15, 2007 (BUSINESS WIRE) -- Coeur d'Alene Mines Corporation (CDE: Coeur d'Alene Mines Corporation) (CA:CDM) ("Coeur") Bolnisi Gold NL (ASX:BSG) ("Bolnisi") and Palmarejo Silver and Gold Corporation (CA:PJO: news, chart, profile) ("Palmarejo") today jointly announced that, in connection with their previously announced agreements to merge, they have formed a Joint Management Committee (the "Committee") to oversee the management of the Palmarejo Project through the close of the transaction. The Palmarejo Project, located in the state of Chihuahua, Mexico and 100% owned by Bolnisi and Palmarejo, is one of the highest-quality primary silver projects in the world today.
    The Committee, which is authorized to ensure the continued progress at the Palmarejo Project until the completion of the transaction, is comprised of three senior management and operating personnel from each of Coeur, Bolnisi and Palmarejo. Coeur's Richard Weston, Senior Vice president - Operations, will serve as Chairman of the Committee.
    The Committee has identified the following initial priorities:
    -- Establishing Coeur's on-site presence at the Palmarejo Project and facilitating the integration of Coeur personnel with the Bolnisi and Palmarejo teams already in place;
    -- Completing an assessment of the present status of construction activity at the Palmarejo Project;
    -- Investigating the development of a combined open pit and underground mine plan and completing an initial estimate of proven and probable reserves at the Palmarejo Project; and
    -- Continuing exploration initiatives at Palmarejo, which totals over 12,100 hectares of prospective terrain, and formulating a strategy for future exploration activities.
    "The formation of the joint management committee is an important step towards realizing the potential of this important transaction," said Dennis E. Wheeler, Coeur's Chairman, President and Chief Executive Officer. "We are confident that we can deliver significant additional value by bringing Coeur's extensive exploration, development, and underground and open pit mining expertise to the Palmarejo Project. We look forward to continuing our progress in reinforcing Coeur as the clear leader in the silver mining industry."
    As previously announced on May 3, 2007, Coeur, Bolnisi and Palmarejo entered into agreements to merge to create the world's leading primary silver producer. Pursuant to the agreements, which are subject to Coeur, Bolnisi and Palmarejo shareholder approvals and certain other customary conditions, Coeur will acquire all of the shares of Bolnisi, and all of the shares of Palmarejo not owned by Bolnisi.
    About Coeur d'Alene Mines
    Coeur d'Alene Mines Corporation is one of the world's leading primary silver producers and a growing gold producer. The company has mining interests in Alaska, Argentina, Australia, Bolivia, Chile, Nevada, and Tanzania.
    About Bolnisi
    Bolnisi Gold NL is an Australia-based company engaged in mining and exploration for gold and minerals. The Company's activities are all Mexican precious metals operations with an existing portfolio of projects, which include the Palmarejo Silver-Gold project (including Trogan), Chihuahua; the Yecora Gold-Silver project, Sonora, and the El Realito Gold-Silver project, Chihuahua.
    About Palmarejo
    Palmarejo Silver And Gold Corporation is a silver/gold exploration company listed on the TSX Venture Exchange under the symbol "PJO". Palmarejo's principal activity is to explore and develop gold and silver properties located in the Temoris District of Chihuahua, Mexico within the Sierra Madre Occidental mountain range.

    Palmarejo Silver and Gold Corporation Announces Formation of Joint Management Committee to Oversee Palmarejo Project


    LONGUEUIL, QUEBEC, May 15, 2007 (MARKET WIRE via COMTEX) -- Palmarejo Silver and Gold Corporation (CA:PJO) ("Palmarejo"), Coeur d'Alene Mines Corporation (CDE: CDE) (CA:CDM) ("Coeur") and Bolnisi Gold NL (ASX: BSG) ("Bolnisi") today jointly announced that, in connection with their previously announced agreements to merge, they have formed a Joint Management Committee (the "Committee") to oversee the management of the Palmarejo Project through the close of the transaction. The Palmarejo Project, located in the state of Chihuahua, Mexico and 100% owned by Palmarejo, is one of the highest-quality primary silver projects in the world today.
    The Committee, which is authorized to ensure the continued progress at the Palmarejo Project until the completion of the transaction, is comprised of three senior management and operating personnel from each of Coeur, Bolnisi and Palmarejo (including the chairman of the special committee of the Palmarejo Board of directors). Coeur's Richard Weston, Senior Vice president - Operations, will serve as Chairman of the Committee.
    The Committee has identified the following initial priorities:
    - Establishing Coeur's on-site presence at the Palmarejo Project and facilitating the integration of Coeur personnel with the Bolnisi and Palmarejo teams already in place;
    - Completing an assessment of the present status of construction activity at the Palmarejo Project;
    - Investigating the development of a combined open pit and underground mine plan and completing an initial estimate of proven and probable reserves at the Palmarejo Project; and
    - Continuing exploration initiatives at Palmarejo, which totals over 12,100 hectares of prospective terrain, and formulating a strategy for future exploration activities.
    "The formation of the joint management committee is an important step towards realizing the potential of this important transaction," said Dennis E. Wheeler, Coeur's Chairman, President and Chief Executive Officer. Mr. Wheeler added: "We are confident that we can deliver significant additional value by bringing Coeur's extensive exploration, development, and underground and open pit mining expertise to the Palmarejo Project. We look forward to continuing our progress in reinforcing Coeur as the clear leader in the silver mining industry."
    As previously announced on May 3, 2007, Coeur, Bolnisi and Palmarejo entered into agreements to merge to create the world's leading primary silver producer. Pursuant to the agreements, which are subject to Coeur, Bolnisi and Palmarejo shareholder approvals and certain other customary conditions, Coeur will acquire all of the shares of Bolnisi, and all of the shares of Palmarejo not owned by Bolnisi.

    Mexivada Intersects 22.3 g/t Gold, 1,640 g/t Silver and High Grade Zinc-Lead Mineralization at Yecora, Sonora, Mexico
    TSX-V: MNV OTC: MXVDF Frankfurt: M2Q


    ...


    Coeur d'Alene Mines (CDE: Coeur d'Alene Mines Corporation) recently made an offer to purchase all of the outstanding shares of Bolnisi Gold.

    COEUR D'ALENE, Idaho, May 22, 2007 (BUSINESS WIRE) -- Coeur d'Alene Mines Corporation (CDE:CDE) (CA:CDM) said today that a three-judge panel of the United States Court of Appeals for the Ninth Circuit, consistent with its March 16, 2007 order, today issued a ruling that overturns a lower court decision that had upheld the validity of the 404 permit for the Kensington gold mine in Alaska. The United States Army Corps of Engineers, in consultation with the United States Environmental Protection Agency, had issued the tailings disposal permit to Coeur in 2005 pursuant to authority granted to the Corps of Engineers under Section 404 of the Clean Water Act.
    As previously disclosed in the Company's March 17 press release, the company is continuing to review its options, including possible appeals to a 15-judge panel of the Ninth Circuit and the Supreme Court of the United States.
    Coeur d'Alene Mines Corporation is one of the world's leading primary silver producers and a growing gold producer. The company has mining interests in Alaska, Argentina, Australia, Bolivia, Chile, Nevada, and Tanzania.

    NEW YORK, May 23, 2007 (BUSINESS WIRE) -- The New York Society of Security Analysts (NYSSA) will present the 7th Annual Metals & Mining Conference on June 6, 2007.
    For the sixth year in a row, metal prices have outperformed the major stock indices. Concerns about an economic slowdown and an accelerating fall of the U.S. dollar are contributing to the positive forecast for precious metals in 2007 and beyond. Additionally, further consolidation within the mining industry and short-term stock volatility are expected to buoy metals stock prices in the sector. Join corporate executives and industry insiders as they discuss if now is the time to invest in metals and mining stocks.
    The following companies are presenting:
    Aurelian Resources, Inc. (CA:ARU) ; Coeur d'Alene Mines Corp. (CDE: Coeur d'Alene Mines Corporation) ; Hecla Mining Company (HL: Hecla Mining Company) ; Lihir Gold Ltd. (LIHR: lihir gold ltd sponsored adr) ; Minefinders Corporation Ltd. (MFN: minefinders ltd com) ; North American Palladium Ltd. (PAL: north amern palladium ltd com) ; NovaGold Resources, Inc. (CA:NG) ; Silver Standard Resources, Inc. (SSRI: silver std res inc com) (CA:SSO) ; Silvercorp Metals, Inc. (CA:SVM) ; and Southwestern Resources Corp. (CA:SWG) .
    The conference will be held on June 6, 2007, 8:30 a.m. to 5:10 p.m., at NYSSA, 1177 Avenue of the Americas, 2nd Floor, NYC. The registration deadline is May 30, $265 NYSSA members, $365 nonmembers. No charge for press with credentials.
    A complete agenda is available at http://www.nyssa.org/Template.…n=conferences___seminars& template=/ContentManagement/ContentDisplay.cfm&ContentID=10229 (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.)
    About NYSSA
    The New York Society of Security Analysts (NYSSA) is celebrating 70 years as a leading forum for the investment community. NYSSA's mission is to promote best practices and the highest professional and ethical standards in the industry. NYSSA is the largest of the more than 134 societies worldwide that make up CFA Institute, which has more than 90,000 members.
    SOURCE: The New York Society of Security Analysts (NYSSA)

    die Aktie hat ihren paraboloiden Aufwärtstrend verlassen und hinkt nur mehr müde vor sich her, ich bin trotzdem frisch eingestiegen, v.a. weil ich eines der ersten Silberbücher las das lange vor Beginn des aktuellen Bullenmarktes verfasst wurde (1995, Silver Bonanza, um USD 1!!!) und da stand diese company als Mussinvestment drinnen. Kann nix falsche sein bei einer so traditionsreichen company sich in das zu sinkend drohende Boot zu setzen wenn einer nach dem anderen rausspringt :D :D :D

    Mach dir keine Sorgen, die CDE und HL kommen sicher aus den Tal der Traenen, wie viele andere Depotleichen auch.
    Eine Hecla vererbt man in Idaho.
    Ich habe bei beiden vor ein paar Tagen aufgestockt bei dem special price. :]
    Die Muehlen arbeiten langsam aber sicher bei beiden.


    MfG


    XEX

    Coeur CEO to Speak at New York Society of Securities Analysts' Metals and Mining Conference


    COEUR D'ALENE, Idaho, Jun 04, 2007 (BUSINESS WIRE) -- Dennis E. Wheeler, Chairman, President and Chief Executive Officer of Coeur d'Alene Mines Corporation (CDE: Coeur d'Alene Mines Corporation) (CA:CDM) , will speak at the New York Society of Securities Analysts' 7th Annual Metals and Mining Industry Conference in New York City on June 6 at 9:30 a.m. Eastern time. Mr. Wheeler will present an overview of the company's strategy and growth prospects.
    The slides used by Mr. Wheeler will be available in the Investor Relations section of Coeur's web site, http://www.coeur.com.
    Coeur d'Alene Mines Corporation is one of the world's leading primary silver producers and has a strong presence in gold. The company has mining interests in Alaska, Argentina, Australia, Bolivia, Chile, Nevada and Tanzania.

    San Bartolome Silver Project in Bolivia Surpasses 600,000 Man Hours without a Lost Time Accident
    Mine Construction on Schedule and on Budget for January 2008 Startup


    COEUR D'ALENE, Idaho, Jun 05, 2007 (BUSINESS WIRE) -- Coeur d'Alene Mines Corporation (CDE: CDE) (CA:CDM) today announced that construction work at its large San Bartolome silver mine in Bolivia has surpassed 600,000 man hours without a lost time accident, while remaining on schedule and on budget as it moves toward an anticipated January 2008 startup date.
    The construction of San Bartolome, which is expected to produce approximately 9 million ounces of silver in its first year, employs approximately 615 workers, most of whom are local Bolivians from the historically mining-rich town of Potosi, through 23 separate contractors.
    All detailed engineering work at the project has been completed, all of the major purchase orders have been issued, and all major construction contracts have been awarded. Foundation work continues for the leach tanks and the crusher, and the erection of the leach tanks is underway.
    "We are extremely proud of Coeur's South American Subsidiary, Empresa Minera Manquiri, led by Jim Duff, President, all of Coeur's contractors, and the entire workforce in Bolivia," said Dennis E. Wheeler, Chairman, President and Chief Executive Officer of Coeur. "This is a true testament to the entire team's dedication and commitment to the successful completion of this world-class mine at the highest level of safety, while maintaining discipline over costs and schedule."
    Additional photos of construction progress at San Bartolome are available on the Coeur website, http://www.coeur.com.
    Coeur d'Alene Mines Corporation is one of the world's leading primary silver producers and a growing gold producer. The company has mining interests in Alaska, Argentina, Australia, Bolivia, Chile, Nevada, and Tanzania.

    COEUR D'ALENE, Idaho, Jun 07, 2007 (BUSINESS WIRE) -- James A. Sabala, Executive Vice President and Chief Financial Officer of Coeur d'Alene Mines Corporation (CDE: Coeur d'Alene Mines Corporation) (CA:CDM) , will speak at the JPMorgan 2nd Annual Basics and Industrials Conference in New York City on June 11, 2007 at 8:15 a.m. Eastern time. Mr. Sabala will present an overview of the company's strategy and growth prospects.
    The slides used by Mr. Sabala will be available in the Investor Relations section of Coeur's web site, http://www.coeur.com.
    Coeur d'Alene Mines Corporation is one of the world's leading primary silver producers and has a strong presence in gold. The company has mining interests in Alaska, Argentina, Australia, Bolivia, Chile, Nevada and Tanzania.

    COEUR D'ALENE, Idaho, June 8, 2007 /PRNewswire-FirstCall via COMTEX/ -- Coeur d'Alene Mines Corporation (CDE: Coeur d'Alene Mines Corporation) (CA:CDM) today announced that Bolnisi Gold NL (ASX: BSG) has agreed to extend Coeur's due diligence period by 14 days under the Merger Implementation Agreement relating to Coeur's proposed acquisition of Bolnisi, which is part of a larger transaction that also would result in Coeur's acquisition of Palmarejo Silver and Gold Corporation (CA:PJO: news, chart, profile) .
    About Coeur d'Alene
    Coeur d'Alene Mines Corporation is one of the world's leading primary silver producers and a growing gold producer. The company has mining interests in Alaska, Argentina, Australia, Bolivia, Chile, Nevada, and Tanzania.

    COEUR D'ALENE, Idaho, Jun 15, 2007 (BUSINESS WIRE) -- James A. Sabala, Executive Vice President and Chief Financial Officer of Coeur d'Alene Mines Corporation (CDE: Coeur d'Alene Mines Corporation) (CA:CDM) , will speak at the 43rd Minesite Mining Forum in London on June 19, 2007 at 7:30 a.m. Eastern time (12:30 p.m. London time). Mr. Sabala will present an overview of the company's strategy and growth prospects.
    The slides used by Mr. Sabala will be available in the Investor Relations section of Coeur's web site, http://www.coeur.com. A webcast of the presentation will be available at the MineSite web site at http://www.minesite.com/webcasts.html.
    Coeur d'Alene Mines Corporation is one of the world's leading primary silver producers and has a strong presence in gold. The company has mining interests in Alaska, Argentina, Australia, Bolivia, Chile, Nevada and Tanzania.

    COEUR D'ALENE, Idaho, June 22, 2007 /PRNewswire-FirstCall via COMTEX/ -- Coeur d'Alene Mines Corporation (CDE : Coeur d'Alene Mines Corporation) (CA:CDM) today announced that Bolnisi has agreed to extend Coeur's due diligence period to July 3, 2007, under the Merger Implementation Agreement relating to Coeur's proposed acquisition of Bolnisi, which is part of a larger transaction that also would result in Coeur's acquisition of Palmarejo Silver and Gold Corporation (CA:PJO) .
    As previously announced on June 8, 2007, Coeur and Bolnisi agreed to extend Coeur's due diligence period by 14 days to June 22, 2007.
    About Coeur d'Alene
    Coeur d'Alene Mines Corporation is one of the world's leading primary silver producers and a growing gold producer. The company has mining interests in Alaska, Argentina, Australia, Bolivia, Chile, Nevada, and Tanzania.

    Coeur Completes Due Diligence Companies Committed to Closing Transaction in Fourth Quarter of 2007


    Last Update: 8:51 AM ET Jul 3, 2007


    COEUR D'ALENE, Idaho & SYDNEY, Australia & LONGUEUIL, Quebec, Jul 03, 2007 (BUSINESS WIRE) -- Coeur d'Alene Mines Corporation (CDE: Coeur d'Alene Mines Corporation) (CA:CDM) , Bolnisi Gold NL (ASX:BSG) and Palmarejo Silver and Gold Corporation (TSX VENTURE:PJO) today announced that Coeur has completed its due diligence under the terms of the Merger Implementation Agreement with Bolnisi and that the companies expect to complete the transaction in the fourth quarter of 2007.
    The Joint Operating Committee has completed its work and a Project Development Committee responsible for daily management of the mine's construction consisting of professional staff from Coeur, Bolnisi and Palmarejo has been established. The companies have agreed to appoint an interim project manager to be a senior Coeur executive with substantial development and operational expertise.
    While the initial focus will be to develop the Rosario deposit using open pit mining methods, the Project Development Committee will complete a pre-feasibility study by the end of August, which will include a combined open-pit and underground mine development scenario.
    Based on a recently-completed scoping study and optimization work for this combined open-pit and underground mine development, the total estimated capital costs to bring the Palmarejo Project into production, including pre-stripping, underground development, mining fleet, power line, ongoing permitting, owner's costs and contingency, will be approximately US$200 million and initial production from open pit mining is expected in the fourth quarter of 2008.
    "We are pleased to have completed the due diligence process, and continue to believe that this transaction is in the best interests of Coeur's shareholders," said Dennis E. Wheeler, Coeur's Chairman, President and Chief Executive Officer. "With this transaction, the companies are establishing the new Coeur as the clear leader in the silver mining industry with the addition of this world-class silver/gold asset located in Mexico. In addition, we believe the combined company's balance sheet will sufficiently fund all three of our major development projects over the next two years -- San Bartolome, Kensington, and Palmarejo -- without a need to further access the capital markets."
    Norman A. Seckold, Chairman of Bolnisi and Palmarejo, said, "We continue to be very excited about this transaction, as it provides our shareholders with the opportunity to participate in the upside potential of what we believe will be the world's premier silver company. By leveraging Coeur's expertise in underground and open cut project development, we expect to realize the full value of the Palmarejo Project."
    The companies expect to begin mailing information to Coeur, Bolnisi, and Palmarejo shareholders in September. All three companies' shareholder meetings are expected to be held in October. Assuming timely completion of the required regulatory processes and receipt of the required shareholder and court approvals, the companies expect the transaction to be completed in the fourth quarter of 2007.
    About Coeur d'Alene Mines
    Coeur d'Alene Mines Corporation is one of the world's leading primary silver producers and a growing gold producer. The company has mining interests in Alaska, Argentina, Australia, Bolivia, Chile, Nevada, and Tanzania.
    About Bolnisi
    Bolnisi Gold NL is an Australia-based company engaged in mining and exploration for gold and minerals. The Company's activities are all Mexican precious metals operations with an existing portfolio of projects, which include the Palmarejo Silver-Gold project (including Trogan), Chihuahua; the Yecora Gold-Silver project, Sonora, and the El Realito Gold-Silver project, Chihuahua.
    About Palmarejo
    Palmarejo Silver And Gold Corporation is a silver/gold exploration company listed on the TSX Venture Exchange under the symbol "PJO." Palmarejo's principal activity is to explore and develop gold and silver properties located in the Temoris District of Chihuahua, Mexico within the Sierra Madre Occidental mountain range.

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