Coeur to Present at Deutsche Bank Global Industrials and Basic Materials
Conference in Chicago
COEUR D’ALENE, Idaho -- June 11, 2013
Coeur Mining, Inc.’s (NYSE:CDE, TSX:CDM) Senior Vice President and Chief
Financial Officer Peter Mitchell will present at the Deutsche Bank Global
Industrials and Basic Materials Conference at the Westin River North in
Chicago on June 12, 2013. A PDF of the slide presentation will be posted on
the Company’s website www.coeur.com.
Highlights of Mr. Mitchell’s presentation include:
*Reaffirming the Company’s 2013 production guidance of 18.0 – 19.5 million
ounces of silver and 250,000 – 265,000 ounces of gold. Cash operating
costs per ounce of silver are expected to be $9.50 – $10.50 for the full
year, using a gold by-product price assumption of $1,500 for the last nine
months of 2013. Kensington’s cash operating costs per ounce of gold for
2013 are expected to be $900-$950.
*Reviewing the recently acquired La Preciosa project in Mexico, which is
one of the largest undeveloped silver deposits in the world.
*Reiterating the Company’s strategic goals and focus, including building a
foundation of operational consistency and improving efficiency at Coeur’s
four mines in the Americas.
The Deutsche Bank Global Industrials and Basic Materials Conference is an
invitation-only investment conference.
Coeur Mining, Inc. is the largest U.S.-based primary silver producer and a
growing gold producer. The Company has four precious metals mines in the
Americas generating strong production, sales and cash flow. Coeur produces
from its wholly owned operations: the Palmarejo silver-gold mine in Mexico,
the San Bartolomé silver mine in Bolivia, the Rochester silver-gold mine in
Nevada and the Kensington gold mine in Alaska. Coeur has a non-operating
interest in the Endeavor silver-gold mine in Australia. The Company has two
feasibility stage projects, the Joaquin silver project in Argentina and the La
Preciosa silver-gold project in Mexico. In addition, Coeur conducts ongoing
exploration activities in Mexico, Argentina, Nevada, Alaska and Bolivia. The
Company owns strategic investment positions in eight silver and gold
development companies with projects in North and South America.
This news release contains forward-looking statements within the meaning of
securities legislation in the United States and Canada, including statements
regarding anticipated operating results, production levels, operating costs
and assumed gold prices for the remainder of 2013. Such forward-looking
statements involve known and unknown risks, uncertainties and other factors
which may cause Coeur's actual results, performance or achievements to be
materially different from any future results, performance or achievements
expressed or implied by the forward-looking statements. Such factors include,
among others, the risks and hazards inherent in the mining business (including
environmental hazards, industrial accidents, weather or geologically related
conditions), changes in the market prices of gold and silver, the
uncertainties inherent in Coeur's production, exploratory and developmental
activities, including risks relating to permitting and regulatory delays and
disputed mining claims, any future labor disputes or work stoppages, changes
that could result from Coeur's future acquisition of new mining properties or
businesses, reliance on third parties to operate certain mines where Coeur
owns silver production and reserves, the loss of any third-party smelter to
which Coeur markets silver and gold, the effects of environmental and other
governmental regulations, the risks inherent in the ownership or operation of
or investment in mining properties or businesses in foreign countries, Coeur's
ability to raise additional financing necessary to conduct its business, make
payments or refinance its debt, as well as other uncertainties and risk
factors set out in filings made from time to time with the United States
Securities and Exchange Commission, and the Canadian securities regulators,
including, without limitation, Coeur's most recent reports on Form 10-K and
Form 10-Q. Actual results, developments and timetables could vary
significantly from the estimates presented. Readers are cautioned not to put
undue reliance on forward-looking statements. Coeur disclaims any intent or
obligation to update publicly such forward-looking statements, whether as a
result of new information, future events or otherwise. Additionally, Coeur
undertakes no obligation to comment on analyses, expectations or statements
made by third parties in respect of Coeur, its financial or operating results
or its securities.
Coeur Mining, Inc.
Wendy Yang, 208-665-0345
Vice President, Investor Relations
Stefany Bales, 208-667-8263
Director, Corporate Communications
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