Coeur Mining Inc. announced today that its previously announced cash tender offer to purchase any and all of its 5.875% senior notes due 2024 expired at 5:00 p.m., New York City time, on February 26, 2021 . As of the Expiration Time, $102,817,000 aggregate principal amount of the 2024 Notes were validly tendered, which excludes $396,000 aggregate principal amount of the 2024 Notes that remain subject to the guaranteed [...]
Coeur Mining Inc.'s President and Chief Executive Officer, Mitchell J. Krebs, and Senior Vice President and Chief Financial Officer, Thomas S. Whelan, will participate in the 30th Annual BMO Capital Markets Global Metals & Mining Conference. Mr. Krebs will also take part in a virtual fireside chat during the conference on Tuesday, March 2, 2021 at 3:30 p.m. Central Time . The BMO Global Metals & Mining Conference is a [...]
Coeur Mining Inc. today announced the upsize and pricing of its offering of U.S. $375,000,000 of 5.125% Senior Notes due 2029 to qualified institutional buyers in the United States pursuant to Rule 144A and outside the United States pursuant to Regulation S under the Securities Act of 1933, as amended . The Offering was upsized from the previously announced $350,000,000 aggregate principal amount. The coupon of the Notes [...]
Coeur Mining Inc. today announced its intention to offer , subject to market and other conditions, $350,000,000 of Senior Notes due 2029 . The Notes will be fully and unconditionally guaranteed by certain of the Company's subsidiaries. The Company intends to use the net proceeds from the Offering to pay the purchase price and tender premium for up to all $230,000,000 aggregate principal amount of its 5.875% Senior Notes [...]
Coeur Mining Inc. , today announced that it has commenced a cash tender offer to purchase any and all of its 5.875% Senior Notes due 2024 . There are $230,000,000 aggregate principal amount of Notes outstanding. The Tender Offer is being made on the terms and subject to the conditions set forth in the Offer to Purchase dated February 22, 2021 . The Tender Offer is scheduled to expire at 5:00 p.m., New York City time, on [...]
Coeur Mining today reported fourth quarter 2020 financial results, including revenue of $228.3 million, cash flow from operating activities of $67.3 million and GAAP net income from continuing operations of $11.9 million, or $0.05 per share. On an adjusted basis1, the Company reported EBITDA of $84.0 million, cash flow from operating activities prior to changes in working capital of $58.5 million and net income from [...]
Coeur Mining Inc. today reported its 2020 mineral reserves and resources, and provided an update on its 2020 exploration programs at its Palmarejo and Kensington operations, following its mid-year update on August 11, 2020. Coeur also highlighted new drilling results at the recently-discovered C-Horst zone at the Crown exploration property in southern Nevada. The drilling campaigns at the Company's Rochester and Silvertip [...]
The Tahltan Nation and Coeur Silvertip Holdings Ltd. , a wholly-owned subsidiary of Coeur Mining Inc. , today announced the signing of a comprehensive Impact-Benefit Agreement in connection with the Company’s Silvertip silver-zinc-lead mine located in northern British Columbia. The IBA provides a framework for a mutually beneficial, long-term relationship between the Tahltan Nation and Coeur Silvertip, and supports [...]
Coeur Mining Inc. today announced that it will report its fourth quarter and full-year 2020 operational and financial results after the New York Stock Exchange closes for trading on Wednesday, February 17, 2021. The Company will be hosting a conference call at 10:00 a.m. Eastern Time on Thursday, February 18, 2021. Hosting the call will be Mitchell J. Krebs, President and Chief Executive Officer of Coeur, who will be [...]
Coeur Mining Inc. today announced details of the expansion of its Rochester silver-gold mine in Nevada, reflecting significant reserve growth and the benefits of a larger-scale expansion project. An updated National Instrument 43-101 Technical Report will be filed on SEDAR at www.sedar.com before the close of business today. Summary highlights include: After-tax NAV5% of $634 million and an expected internal rate of [...]
Coeur Mining Inc. will be hosting its 2020 Investor Day virtually on Thursday, December 17, 2020 at 8:30 a.m. Central Time . Coeur’s executive team plans to discuss topics including the Company’s strategy, performance, operations and outlook. Registration for the event is available through the following link: https://event.on24.com/wcc/r/2812208/032DBC49E19C76B2825280222BAD24EF. Presentation materials will be made [...]
Coeur Mining Inc.’s President and Chief Executive Officer, Mitchell J. Krebs, and Senior Vice President and Chief Financial Officer, Thomas S. Whelan, will participate in the RBC Capital Markets Global Mining and Materials Conference on Monday, November 16, 2020. Mr. Krebs will also take part in a virtual fireside chat during the conference at 1:00 p.m. Central Time. The RBC Capital Markets Global Mining and Materials [...]