Coeur Mining, Inc. - CDE STOCK NEWS

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.

Coeur Mining (NYSE: CDE) will have its President and CEO, Mitchell J. Krebs, present at the Gold Forum Americas in Colorado Springs on September 13, 2021, at 1:50 p.m. MT. This investment conference is virtual and invitation-only, with webcast and presentation materials available on the company's website at www.coeur.com. Coeur Mining is a U.S.-based precious metals producer with five wholly-owned operations, including the Palmarejo gold-silver complex and the Rochester silver-gold mine.

Coeur Mining (CDE) announced its Q2 2021 financial results, reporting revenue of $214.9 million, a 6% increase quarter-over-quarter and a 39% increase year-over-year. Operating cash flow reached $58.1 million, driven by higher gold and silver production, which rose 12% and 60% year-over-year, respectively. The Company achieved a new drilling record, completing approximately 320,400 feet of drilling during the quarter. Coeur also advanced the Rochester expansion project, now 31% complete, and acquired a 17.8% stake in Victoria Gold Corp. for $118.8 million.

Coeur Mining, Inc. (CDE) plans to report its Q2 2021 operational and financial results after trading closes on July 28, 2021. A conference call is scheduled for July 29, 2021, at 11:00 AM ET, featuring President and CEO Mitchell J. Krebs and other senior executives. The call will include discussions on performance metrics, and a replay will be available until August 5, 2021. Coeur is a diversified precious metals producer with five wholly-owned operations across North America.

Coeur Mining, Inc. (NYSE: CDE) announced significant updates to its exploration programs at the Silvertip mine in British Columbia and the Crown property in Nevada. The company drilled approximately 340,300 feet as of April 2021, a 66% increase from the prior year, with plans to invest $68 million in exploration, marking its largest campaign to date. New discoveries, such as the Southern Silver Zone at Silvertip, show promising high-grade mineralization. Preliminary results suggest continued resource growth at the Crown property’s multiple zones, further enhancing Coeur's growth potential in precious metals.

Coeur Mining, Inc. (NYSE: CDE) will feature its President and CEO, Mitchell J. Krebs, and CFO, Thomas S. Whelan, at the Goldman Sachs Credit & Leveraged Finance Conference on May 17, 2021. Whelan will engage in a virtual fireside chat at 1:20 p.m. CT. Both executives will also participate in the Bank of America Global Metals, Mining & Steel Conference on May 18, 2021. These events are invitation-only, and presentation materials will be accessible on the Company’s website. Coeur Mining operates five wholly-owned precious metals mines across North America.

Coeur Mining has agreed to acquire approximately 17.8% of Victoria Gold Corp's outstanding shares from Orion for C$13.20 per share, totaling about $117.2 million in aggregate consideration. This acquisition aligns with Coeur's strategy to enhance its investment in precious metals assets. The transaction is anticipated to close around May 11, 2021, subject to customary conditions. Orion will also receive about 4.9% of Coeur's shares, and the deal includes provisions for future strategic discussions. Coeur's solid operational footprint spans five wholly-owned mines across North America.

Coeur Mining, Inc. (CDE) reported Q1 2021 results with revenues of $202.1 million, a 17% year-over-year decline. However, adjusted EBITDA rose 42% to $65.9 million, driven by strong gold production of 85,225 ounces. Cash flow from operations was negative at $(4.4) million due to lower metal sales and increased cash taxes. The company reaffirmed its 2021 production guidance of 322,500-367,500 ounces of gold and 9.7-12.2 million ounces of silver. Key initiatives include refinancing senior notes and construction of the Rochester mine expansion, now 20% complete.