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 reported year-end 2021 reserves of 3.1 million ounces of gold and 238.2 million ounces of silver, reflecting stable gold reserves but a decrease in silver due to higher cut-off grades. Measured and indicated resources increased significantly by double digits across all metals, with notable growth at Palmarejo, Silvertip, and Kensington. The company has invested $240 million in exploration over five years, with a focus on resource expansion and infill drilling, planning an additional $40 million investment in 2022.
Coeur Mining reported its fourth quarter financial results, revealing revenues of $208 million and a net loss of $11 million, attributed in part to an $8 million non-cash loss on equity investments. The company’s full-year revenue reached $833 million, marking a 6% increase from the previous year. Gold and silver production for 2021 totaled 348,529 ounces and 10.1 million ounces, respectively. The company plans to sustain its growth strategy with significant investments in exploration and expansion projects, including the $520 million Rochester expansion, set to complete mid-2023.
Coeur Mining, Inc. (NYSE: CDE) plans to report its Q4 and full-year 2021 operational and financial results after market close on
Coeur Mining operates several precious metals mines across North America.
Coeur Mining, Inc. (NYSE: CDE) announced substantial progress in its 2021 exploration efforts at the Rochester and Crown projects in
Coeur Mining (NYSE: CDE) announces participation in two upcoming virtual investment conferences on December 1, 2021. President & CEO Mitchell J. Krebs will speak at the Scotiabank Mining Conference, while Thomas S. Whelan, CFO, will present at the Bank of America Leveraged Finance Conference. Both events are invitation-only, and presentation materials will be available on Coeur's website at www.coeur.com. Coeur Mining is a diversified precious metals producer with operations across North America.
Coeur Mining, Inc. (NYSE: CDE) will have its President and CEO, Mitchell J. Krebs, along with CFO Thomas S. Whelan, participate in the RBC Capital Markets Global Mining and Materials Conference on November 17, 2021. Krebs will be featured in a virtual fireside chat at 8:45 a.m. Central Time. This exclusive conference aims to connect key investors in the mining and materials sector. Interested parties can access presentation materials and the fireside chat via Coeur's website.
Coeur Mining, Inc. (CDE) reported Q3 2021 revenue of $208.0 million, contrasted with $214.9 million from the prior quarter. The company faced a net loss of $54.8 million or $0.21 per share, influenced by a $26.0 million write-down related to VAT refunds and $35.7 million in losses on equity investments. Gold and silver production reached 87,083 ounces and 2.5 million ounces, respectively. The company reaffirmed full-year production guidance and highlighted exploration investments of approximately $20.0 million.
Coeur Mining, Inc. (NYSE: CDE) will release its third quarter 2021 operational and financial results on Wednesday, October 27, 2021, after the market closes. A conference call is scheduled for Thursday, October 28, 2021, at 11:00 a.m. Eastern Time, hosted by CEO Mitchell J. Krebs and other senior management members. The replay will be available until November 4, 2021.
Coeur operates five wholly-owned precious metals mines in North America and holds various exploration projects in the region.
Coeur Mining, Inc. (NYSE: CDE) announces that CEO Mitchell J. Krebs will speak at the Virtual Non-Deal Roadshow hosted by Renmark Financial on September 17, 2021, at 11:00 a.m. Central Time. Registration for the live event is available through the provided link, but may be limited. A replay will be accessible on Renmark’s website starting the week of September 20, 2021. Coeur Mining is a growing precious metals producer with operations in the U.S., including Mexico, Nevada, Alaska, South Dakota, and British Columbia.
Coeur Mining, Inc. (CDE) announced a significant increase in its exploration investment for 2021, totaling approximately $75 million, which is nearly 50% higher than the previous record. The company drilled approximately 698,100 feet across various North American assets, achieving notable results at Palmarejo, Kensington, Silvertip, and Wharf. Key high-grade intercepts were reported, particularly from the Hidalgo zone at Palmarejo and the Southern Silver zone at Silvertip. The company aims to complete around 1.2 million feet of drilling by year-end to enhance mine life and resource growth.
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