Coeur d’Alene CEO Expects to Make Acquisition Within 12 Months

Coeur d’Alene Mines Corp., a U.S. silver producer, will probably make an acquisition in the next 12 months, Chief Executive Officer Mitchell Krebs said.

Coeur, which operates mines in Argentina, Bolivia, Mexico and the U.S., will consider deals of as much as $250 million and assets that can produce about 3 million to 4 million ounces a year of silver, Krebs said today in an interview in Denver, where he’s attending the Denver Gold Forum.