Coeur Mining Inc. today announced the closing of the transaction to sell its Crown and Sterling holdings to a subsidiary of AngloGold Ashanti Ltd. . Under the terms of the previously announced transaction, Coeur received cash consideration of $150 million at closing. The Company will receive an additional deferred cash consideration of $50 million upon Crown Sterling attaining a total resource of at least 3.5 million gold [...]
Coeur Mining Inc. today announced that it will report its third quarter 2022 operational and financial results after the New York Stock Exchange closes for trading on Wednesday, November 9, 2022. The Company will be hosting a conference call at 11:00 a.m. Eastern Time on Thursday, November 10, 2022. Hosting the call will be Mitchell J. Krebs, President and Chief Executive Officer of Coeur, who will be joined by Thomas S [...]
Coeur Mining Inc. today announced that it has entered into a definitive agreement with a subsidiary of AngloGold Ashanti Ltd. to sell its Crown and Sterling holdings for closing cash consideration of $150 million and deferred cash consideration of $50 million to be paid upon Crown Sterling attaining a total resource of at least 3.5 million gold ounces. The Crown Sterling holdings comprise approximately 35,500 net acres [...]
Coeur Mining Inc.'s President and Chief Executive Officer, Mitchell J. Krebs, will present at Gold Forum Americas in Colorado Springs, Colorado on Monday, September 19, 2022 at 4:50 p.m. Mountain Time. The Gold Forum Americas is an invitation-only investment conference. Presentation materials will be made available on the Company's website at www.coeur.com. About Coeur Coeur Mining Inc. is a U.S.-based, well-diversified [...]
Coeur Mining, Inc. today reported second quarter 2022 financial results, including revenue of $204 million and cash flow from operating activities of $23 million. The Company reported GAAP net loss from continuing operations of $77 million, or $0.28 per share. On an adjusted basis1, Coeur reported EBITDA of $43 million, cash flow from operating activities before changes in working capital of $30 million and net loss from [...]
Coeur Mining Inc. today announced the appointment of Jeane Hull to the Company's Board of Directors and its Audit, Compensation and Leadership Development and Environmental, Health, Safety and Corporate Responsibility Committees effective July 19, 2022. Ms. Hull has over 35 years of mining operational leadership and engineering experience, most notably holding the positions of Chief Operating Officer for Rio Tinto plc at [...]
Coeur Mining Inc. today announced that it has entered into an agreement with Cormark Securities Inc. , to sell 5,000,000 common shares of Victoria Gold Corp. at a price of C$10.90 per share to qualified purchasers, for gross proceeds of approximately C$54.5 million. The sale transaction is scheduled to close on or about June 30, 2022, or such other date as agreed between the Company and the Dealer. Early Warning [...]
Coeur Mining Inc.'s President and Chief Executive Officer, Mitchell J. Krebs, will present at the Virtual Non-Deal Roadshow Series hosted by Renmark Financial Communications Inc. on Monday, June 27, 2022 at 9:00 a.m. Central Time . Registration is available through the following link: https://www.renmarkfinancial.com/events/renmark-virtual-non-deal-roadshow-nyse-cde-2022-06-27-100000. Please note, registration for the [...]
Coeur Mining Inc.'s Senior Vice President and Chief Financial Officer, Thomas S. Whelan, will participate in the RBC Capital Markets Global Mining and Materials Conference on Thursday, June 9, 2022. The RBC Capital Markets Global Mining and Materials Conference is an invitation-only investment conference. Presentation materials will be made available on the Company's website at www.coeur.com. About Coeur [...]
Coeur Mining Inc.'s Senior Vice President and Chief Financial Officer, Thomas S. Whelan, and Senior Vice President and Chief Operating Officer, Michael "Mick" Routledge, will participate in the Canaccord Global Metals & Mining Conference in Palm Desert, California on Monday, May 16, 2022. Additionally, President and Chief Executive Officer, Mitchell J. Krebs, will participate in the Bank of America Global Metals, Mining [...]
Coeur Mining, Inc. today reported first quarter 2022 financial results, including revenue of $188 million and cash flow from operating activities of $ million. The Company reported GAAP net income from continuing operations of $8 million, or $0.03 per share. On an adjusted basis1, Coeur reported EBITDA of $42 million, cash flow from operating activities before changes in working capital of $24 million and net loss from [...]
Coeur Mining Inc. today announced the completion of three initiatives to bolster its liquidity and materially enhance its balance sheet flexibility as it advances the transformational expansion of its Rochester silver and gold operation in Nevada. Increased its gold hedging program to provide meaningful downside price protection - Coeur has added to its gold hedging program to now cover 70% of its 2022 expected gold [...]