Coeur Mining, Inc. - CDE STOCK NEWS

Coeur Mining, Inc. reported first quarter 2023 financial results, including revenue of $187 million and cash flow from operating activities of $(35) million. The company reported a net loss from continuing operations of $25 million. Production levels were in line with guidance, with 69,039 ounces of gold and 2.5 million ounces of silver produced. The Rochester expansion project remains on track for mid-year completion. The company ended the quarter with total liquidity of $382 million. Exploration success was seen at Silvertip and Kensington.

Coeur Mining, Inc. (NYSE: CDE) will report its Q1 2023 operational and financial results after the market closes on May 10, 2023. A conference call is scheduled for 11:00 a.m. ET on May 11, 2023, hosted by Mitchell J. Krebs, President and CEO, alongside other management team members.

Investors can access the call via specific numbers provided for the U.S., Canada, and international callers. A replay will be available until May 18, 2023, ensuring that stakeholders can catch up on crucial updates.

Coeur Mining is a well-diversified precious metals producer, operating mines in Mexico, Nevada, Alaska, and South Dakota, with additional development and exploration projects across North America.

Coeur Mining (NYSE: CDE) announces that its Chief Financial Officer, Thomas S. Whelan, will present at the Gold Forum Europe on April 11, 2023, at 2:10 p.m. CET in Zurich, Switzerland. This event is an invitation-only investment conference aimed at investors in the precious metals sector. Presentation materials will be available on the Company’s website at www.coeur.com. Coeur Mining is a well-diversified precious metals producer with operations in Mexico, Nevada, Alaska, and South Dakota, along with precious metals exploration projects across North America.

Coeur Mining reported year-end 2022 proven and probable reserves of 3.4 million ounces of gold and 245.7 million ounces of silver, representing year-over-year increases of 12% and 3% respectively. Significant investments in exploration, totaling nearly $245 million over five years, have driven this growth. The company achieved a 56% increase in Kensington's gold reserves, extending its mine life by 1.5 years. Additionally, Wharf's gold reserves rose by 7% to 908,000 ounces. Price assumptions for reserves were $1,600 per ounce of gold and $21.00 for silver, reflecting increases from 2021.

Coeur Mining, Inc. (CDE) reported its fourth quarter 2022 results with revenues of $210 million and net income from continuing operations of $49 million, attributed to a $62 million gain from asset sales. For the full year, revenue totaled $786 million, showing a decrease from $833 million in 2021, with a net loss of $78 million. Notably, gold and silver production in Q4 rose by 5% and 4%, respectively. The company is on track with its POA 11 expansion at Rochester, projected for completion mid-2023. For 2023, Coeur anticipates gold production of 320,000 - 370,000 ounces and silver production of 10.0 - 12.0 million ounces, driven by an expected ramp-up in the second half of the year.

Coeur Mining (NYSE:CDE) will be represented by President and CEO Mitchell J. Krebs at the 32nd Annual BMO Capital Markets Global Metals, Mining & Critical Minerals Conference. The event takes place on Tuesday, February 28, 2023, at 8:45 a.m. Central Time in Hollywood, Florida. This invitation-only conference focuses on investment opportunities in the mining sector. Presentation materials will be accessible on Coeur's website, and a live webcast of the presentation can be viewed online. Coeur Mining is a diversified precious metals producer with operations in Mexico, Nevada, Alaska, and South Dakota.

Coeur Mining, Inc. (NYSE: CDE) announced it will release its fourth quarter and full-year 2022 operational and financial results on February 22, 2023, after the close of trading. A conference call, led by CEO Mitchell J. Krebs and management, is scheduled for February 23, 2023, at 11:00 a.m. ET. The call will be available for replay until March 2, 2023. Coeur operates four wholly-owned precious metal mines across North America, enhancing its position in the precious metals market.