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Coeur Mining, Inc. - CDE STOCK NEWS

Welcome to our dedicated page for Coeur Mining news (Ticker: CDE), a resource for investors and traders seeking the latest updates and insights on Coeur Mining stock.

Coeur Mining, Inc. (NYSE: CDE) stands as the largest U.S.-based silver producer and a notable gold producer, employing around 2,100 people. The company operates five principal precious metals mines across the Americas, contributing significantly to the mining sector.

Coeur Mining's portfolio includes the Palmarejo silver-gold mine in Mexico, the San Bartolomé silver mine in Bolivia, the Rochester silver-gold mine in Nevada, the Kensington gold mine in Alaska, and the Wharf gold mine in South Dakota. These operations are fully owned and have been pivotal in cementing Coeur's reputation in the mining industry.

Additionally, Coeur Mining holds a non-operating interest in the Endeavor mine in Australia and enjoys royalties from the Cerro Bayo mine in Chile, the El Gallo complex in Mexico, the Zaruma mine in Ecuador, and the Correnso mine in New Zealand. This diversified portfolio ensures a steady stream of revenue and reduces dependency on a single operation.

Coeur Mining is also advancing two silver-gold feasibility stage projects: the La Preciosa project in Mexico and the Joaquin project in Argentina. These projects are set to enhance the company's production capabilities and strengthen its presence in the precious metals market.

The company's exploration activities span across Alaska, Argentina, Bolivia, Mexico, and Nevada, reflecting its commitment to discovering new resources and expanding its reserves. Furthermore, Coeur holds strategic investment positions in several silver and gold development companies, underscoring its forward-looking investment strategy.

Financially, Coeur Mining generates most of its revenue from the sale of gold and silver. The company's continuous investments in exploration, coupled with its diverse asset portfolio, position it as a resilient player in the precious metals industry.

News

Coeur Reports Fourth Quarter and Full-Year 2023 Results

Rhea-AI Summary
Coeur Mining, Inc. (CDE) reports strong fourth quarter performance with a 35% increase in revenue, reaching $262 million. Full-year 2024 guidance anticipates significant production growth. Key highlights include successful gold and silver production, progress in Rochester expansion, and record free cash flow at Wharf mine.
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Coeur Reports Year-End 2023 Mineral Reserves and Resources

Rhea-AI Summary
Coeur Mining, Inc. reported strong resource growth with year-end 2023 proven and probable reserves of 3.2 million ounces of gold and 243.9 million ounces of silver. Measured and indicated resources increased for all metals at Palmarejo, Rochester, Wharf, and Silvertip. Key highlights include Rochester's 23% increase in mine life, Kensington's reserve replacement and inferred resource boost, Palmarejo's double-digit resource growth, Wharf's potential reserve growth, and Silvertip's continued resource growth. Coeur's focus on resource expansion led to positive results across all sites.
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Coeur Reports Record 2023 Fourth Quarter Production at its Newly Expanded Rochester Operation and Provides Update on First Half 2024 Crusher Commissioning and Ramp-Up Progress

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Coeur Mining, Inc. provided an update on expansion-related activities at its Rochester silver and gold operation in Nevada. The fourth quarter production reached record levels of approximately 1.3 million ounces of silver and 19,847 ounces of gold, representing significant quarter-over-quarter and year-over-year increases. The company anticipates lower production levels in the first quarter of 2024 due to commissioning and ramp-up of the new crushing circuit. However, materially higher production levels are expected throughout 2024 as ramp-up is completed and higher grades are accessed. Coeur's President and CEO, Mitchell J. Krebs, highlighted Rochester's potential to generate significantly higher cash flow and position as America's largest source of domestically produced and refined silver. The company will report full fourth quarter 2023 consolidated operating and financial results on February 21, 2024.
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Coeur Drills Highest Grade Intercept Ever in the Southern Silver Zone at Silvertip

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Coeur Mining, Inc. provided an update on exploration at its high-grade Silvertip polymetallic exploration project in northern British Columbia. The company completed approximately 90,000 feet of drilling in 2023, revealing high-grade intercepts that support Silvertip’s status as one of the world’s highest-grade, undeveloped carbonate replacement deposits. The 2023 exploration program expanded the resource base immediately adjacent to the main Silvertip deposit and existing underground infrastructure, leading to a near tripling of the total resource as of year-end 2022. The 2024 exploration plans include up to 115,000 feet of drilling, extensive mapping, and sampling during the summer field season.
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Coeur to Participate in Upcoming TD Securities Global Mining Conference

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Coeur Mining, Inc. President and CEO, Mitchell J. Krebs, to participate in the TD Securities Global Mining Conference on January 24, 2024. The conference is an invitation-only investment event, with presentation materials available on the company's website.
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Coeur Announces Fourth Quarter and Full-Year 2023 Earnings Call

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Coeur Mining, Inc. (CDE) to Report Fourth Quarter and Full-Year 2023 Results on February 21, 2024
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Coeur Appoints Rob Krcmarov to Board of Directors

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Coeur Mining, Inc. (NYSE: CDE) appoints Mr. Rob Krcmarov, an international mining executive and geologist, to its Board of Directors. With 35 years of experience in the natural resources industry, including leadership roles at Barrick Gold Corporation, Mr. Krcmarov's expertise in exploration, mining operations, strategic planning, and mergers and acquisitions will aid Coeur's growth phase.
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Coeur to Participate in Upcoming Conferences

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Coeur Mining, Inc. (CDE) announces participation in upcoming investment conferences by senior executives. Senior Vice President and CFO, Thomas S. Whelan, will attend the Bank of America Leveraged Finance Conference on November 28, 2023, while President and CEO, Mitchell J. Krebs, will participate in the Scotiabank Mining Conference on November 29, 2023. The Company will provide presentation materials on its website at www.coeur.com.
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Coeur Announces Agreement to Acquire Concessions Near the Palmarejo Mine from Fresnillo

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Coeur Mining, Inc. (NYSE: CDE) acquires mining concessions adjacent to the Palmarejo gold-silver complex in Mexico from Fresnillo plc. The $25 million deal includes cash payment and future royalty. The concessions cover nearly 7,000 acres and comprise claims adjacent to two primary zones within Palmarejo’s existing footprint. Coeur aims to accelerate field work to test advanced targets and fill strategic gaps in the land package. The transaction is expected to increase land holdings outside the gold stream-encumbered areas by nearly 20%, unlocking significant potential for resource expansion.
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Coeur Reports Third Quarter 2023 Results

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Coeur Mining, Inc. (CDE) reports Q3 2023 financial results, including revenue of $195 million and a net loss of $21 million. Key highlights include a 10% increase in revenue, 38% increase in adjusted EBITDA, and a significant production increase at the Rochester mine. The company's balance sheet shows total liquidity of $280 million and hedging initiatives providing downside protection.
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FAQ

What is the current stock price of Coeur Mining (CDE)?

The current stock price of Coeur Mining (CDE) is $6.53 as of November 20, 2024.

What is the market cap of Coeur Mining (CDE)?

The market cap of Coeur Mining (CDE) is approximately 2.6B.

What does Coeur Mining, Inc. specialize in?

Coeur Mining specializes in the discovery and mining of gold and silver, operating five principal mines in the Americas.

Where are Coeur Mining's operations located?

Coeur Mining's operations are located in Mexico, Bolivia, Nevada, Alaska, and South Dakota.

What are Coeur Mining's primary products?

Coeur Mining primarily produces silver and gold.

How many employees does Coeur Mining have?

Coeur Mining employs approximately 2,100 people.

Does Coeur Mining have any non-operating interests?

Yes, Coeur Mining holds a non-operating interest in the Endeavor mine in Australia and has royalties from mines in Chile, Mexico, Ecuador, and New Zealand.

What are Coeur Mining's feasibility stage projects?

Coeur Mining's feasibility stage projects are the La Preciosa project in Mexico and the Joaquin project in Argentina.

In which regions does Coeur Mining conduct exploration activities?

Coeur Mining conducts exploration activities in Alaska, Argentina, Bolivia, Mexico, and Nevada.

What is Coeur Mining's stock symbol?

Coeur Mining's stock symbol is CDE.

What is unique about Coeur Mining's business model?

Coeur Mining's business model is unique due to its diverse asset portfolio, strategic investments, and focus on both gold and silver production.

Where can I find the latest news about Coeur Mining?

The latest news about Coeur Mining can be found on their official website and financial news platforms such as StockTitan.

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Coeur Mining, Inc.

NYSE:CDE

CDE Rankings

#1785 Ranked by Market Cap
N/A Ranked by Dividends

CDE Stock Data

2.60B
393.01M
1.52%
79%
7.26%
Gold
Gold and Silver Ores
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United States of America
CHICAGO