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.
Overview
Coeur Mining Inc (NYSE: CDE) stands as a diversified U.S.-based precious metals miner specializing in silver production and gold mining. With a robust portfolio of assets across the Americas, the company has developed a reputation for its focused operations in extracting and processing high-value precious metals. Its business model leverages advanced mining techniques and strategic operational practices, ensuring a strong market presence underpinned by deep industry expertise.
Operations and Asset Portfolio
At the core of Coeur Mining’s operations is a series of wholly owned mines that extract silver and gold. The company operates several key mines including:
- Palmarejo Silver-Gold Mine in Mexico
- San Bartolomé Silver Mine in Bolivia
- Rochester Silver-Gold Mine in Nevada
- Kensington Gold Mine in Alaska
- Wharf Gold Mine in South Dakota
In addition to these primary operations, Coeur Mining holds non-operating interests and royalty positions in various projects across Australia, Chile, Ecuador, and New Zealand. The company further strengthens its asset base with feasibility stage projects and ongoing exploration activities in regions that include Alaska, Argentina, Bolivia, Mexico, and Nevada.
Strategic Acquisitions and Business Model
The company’s business strategy integrates organic growth with strategic acquisitions, optimizing the portfolio of high-quality assets. Coeur Mining generates revenue predominantly from the sale of the precious metals it extracts, leveraging economies of scale and proven operational efficiencies. Its robust balance sheet and integrated operational model reinforce its capacity to pursue further exploration and development opportunities.
Market Position and Competitive Landscape
Within the competitive framework of the global mining industry, Coeur Mining distinguishes itself through its diversified operations and commitment to consistent production standards in both silver and gold. By maintaining a geographically diverse portfolio, the company addresses market volatility associated with commodity pricing while safeguarding operational continuity. Its strategic investments and expertise in mining allow it to navigate industry challenges such as fluctuating market demands and regulatory environments.
Operational Expertise and Industry Impact
Coeur Mining is recognized for its thorough operational practices and disciplined approach to mining. Each asset in its portfolio benefits from tailored operational strategies based on local geological conditions and market dynamics. This combination of technical know-how, operational excellence, and systematic exploration contributes to the company’s enduring market significance.
Exploration and Development Initiatives
Beyond its established mining operations, Coeur Mining actively engages in exploration to identify new resource opportunities. This proactive approach in both developed and emerging mining regions underscores its commitment to sustaining long-term operational viability and diversifying its asset base. By exploring additional prospects and maintaining strategic investment positions in promising projects, the company reinforces its comprehensive approach to resource development.
Conclusion
In summary, Coeur Mining Inc exemplifies a well-rounded precious metals producer. Its extensive operations, strategic acquisitions, and ongoing exploration initiatives underscore its position as a significant player in the industry. With deep operational expertise and a commitment to leveraging advanced mining practices, Coeur Mining delivers an enduring and diversified approach to extracting value from the globe’s precious metal resources.
Coeur Mining (NYSE: CDE) has announced its participation in the upcoming Mining Forum Europe, an exclusive invitation-only investment conference in Zurich, Switzerland. Thomas S. Whelan, the company's Senior Vice President and Chief Financial Officer, is scheduled to deliver a presentation on Tuesday, April 1, 2025, at 11:20 a.m. Central European Time. The presentation materials will be accessible to investors and stakeholders through the company's official website at www.coeur.com.
Coeur Mining (NYSE: CDE) announced its participation in the upcoming 37th Annual Roth Conference, scheduled for Monday, March 17, 2025. The company's Senior Vice President and Chief Financial Officer, Thomas S. Whelan, will represent Coeur at this exclusive, invitation-only investment conference.
The company has confirmed that presentation materials from the conference will be accessible to the public through their official website at www.coeur.com.
Coeur Mining (NYSE: CDE) has announced its participation in the upcoming BMO Capital Markets Global Metals, Mining & Critical Minerals Conference in Hollywood, Florida. Mitchell J. Krebs, the Company's Chairman, President and Chief Executive Officer, will deliver a presentation on Tuesday, February 25, 2025, at 7:00 a.m. Central Time (8:00 a.m. Eastern Time).
The conference is an invitation-only investment event. Interested parties can access the presentation materials through Coeur's website at www.coeur.com, and a webcast of the presentation will be available via https://app.webinar.net/86xaZmaZJXB.
Coeur Mining (NYSE: CDE) reported strong Q4 and full-year 2024 results, with Q4 revenue of $305M and operating cash flow of $64M. The company achieved GAAP net income of $38M ($0.08/share) in Q4 and $59M ($0.15/share) for the full year.
Full-year 2024 production reached 341,582 ounces of gold and 11.4M ounces of silver, representing year-over-year increases of 8% and 11%. The company generated positive free cash flow of $16M in Q4, bringing total second-half free cash flow to $85M.
Notable achievements include the completion of the $1.58B SilverCrest acquisition on February 14, 2025, debt reduction of $80M since mid-year, and strong performance at Rochester with Q4 production increases of 34% for silver and 63% for gold. The company provided robust 2025 guidance, projecting 20% and 62% year-over-year increases in gold and silver production.
Coeur Mining (NYSE: CDE) reported its 2024 year-end mineral reserves and resources, showing significant growth across multiple operations. The company's proven and probable mineral reserves totaled 3.6 million ounces of gold and 270.5 million ounces of silver, with Kensington achieving a 22% year-over-year increase in gold reserves.
Key highlights include Wharf's gold measured and indicated mineral resources more than doubling, Kensington's mine life extending to five years, and Palmarejo showing strong resource expansion for the second consecutive year. The company's gold and silver mineral reserves have increased 40% and 48% respectively over the past five years, net of depletion.
The company updated its price assumptions for year-end 2024 reserves to $1,800 per ounce for gold and $23.50 per ounce for silver, with Kensington using $2,000 per ounce. Resource price assumptions were increased to $2,100 per ounce for gold and $27.00 per ounce for silver, with Kensington at $2,300 per ounce.
Coeur Mining (NYSE: CDE) has completed its acquisition of SilverCrest Metals according to the previously announced agreement from October 4, 2024. Under the transaction terms, SilverCrest shareholders received 1.6022 Coeur common shares for each SilverCrest share, with Coeur issuing a total of 239,331,799 shares.
The company plans to provide additional information about the transaction's expected benefits, including 2025 production and cost guidance, during its fourth quarter and full-year 2024 results announcement, scheduled for February 19, 2025, after NYSE trading hours. BMO Capital Markets and Goldman Sachs & Co. served as financial advisors, while Goodmans LLP and Gibson, Dunn & Crutcher LLP acted as legal advisors to Coeur.
Coeur Mining (NYSE: CDE) has announced its upcoming fourth quarter and full-year 2024 earnings release and conference call schedule. The company will release its operational and financial results after the NYSE closing on Wednesday, February 19, 2025.
A conference call will follow on Thursday, February 20, 2025, at 11:00 a.m. Eastern Time (10:00 a.m. Central Time). The call will be led by Chairman, President and CEO Mitchell J. Krebs, alongside other senior management members including CFO Thomas S. Whelan, COO Michael Routledge, and SVP of Exploration Aoife McGrath.
A replay of the call will be available through February 27, 2025, accessible via various dial-in numbers for U.S., Canadian, and international participants.
Coeur Mining (NYSE: CDE) has announced its participation in the upcoming TD Securities Global Mining Conference scheduled for Thursday, January 16, 2025. The company's Senior Vice President and Chief Financial Officer, Thomas S. Whelan, will represent Coeur at this invitation-only investment conference. The company has confirmed that presentation materials from the conference will be accessible to the public through their official website at www.coeur.com.
Coeur Mining (NYSE: CDE) announced initial results from its 2024 exploration program at the Silvertip polymetallic project in British Columbia. The $12 million program, comprising 48 holes and over 68,000 feet of drilling, successfully doubled the Southern Silver Zone's strike length to over 2,000 meters.
Key achievements include: (1) extending the Southern Silver Zone by 1,150 feet and Saddle Zone by 280 feet along strike, (2) confirming mineralization up to 1,000 meters from the 2023 resource boundary through step-out drilling, and (3) identifying three new high-priority district targets through extensive geophysical surveys covering 37,000 hectares.
Notable drill results include intersections of up to 23.17 oz/t silver, 14.62% lead, and 12.32% zinc. The company secured an additional option from CMC Metals for 10,000 hectares adjacent to Silvertip.
Coeur Mining (NYSE: CDE) has announced its participation in two upcoming invitation-only investment conferences. Thomas S. Whelan, Senior Vice President and Chief Financial Officer, will attend the Bank of America Leveraged Finance Conference on December 3, 2024. The following day, Mitchell J. Krebs, Chairman, President and Chief Executive Officer, will participate in the Scotiabank Mining Conference. Presentation materials from both events will be accessible on Coeur's website at www.coeur.com.
FAQ
What is the current stock price of Coeur Mng (CDE)?
What is the market cap of Coeur Mng (CDE)?
What is the core business of Coeur Mining Inc?
Which regions does Coeur Mining operate in?
How does Coeur Mining generate its revenue?
What strategic initiatives has Coeur Mining undertaken?
How does Coeur Mining differentiate itself in the market?
What are some of the key assets owned by Coeur Mining?
How important is exploration to Coeur Mining's business strategy?
