Coeur Mining

Expanded Rochester Mine Achieves Commercial Production; Ramp-Up on Schedule

April, 08, 2024

CHICAGO--(BUSINESS WIRE)-- Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSE: CDE) today provided an update on its newly-expanded Rochester silver and gold mine in Nevada, including the achievement of commercial production at the operation as of March 31, 2024.

Commissioning of the new three-stage crushing circuit and truck load-out facility was completed on March 7. Since then, the crushing circuit has operated at an average throughput of nearly 70,000 tons per day1 and has exceeded 88,000 tons per day, leading to the declaration of commercial production as of the end of the first quarter. Ramp-up to full design capacity of 88,000 tons per day—or approximately 32 million tons per year—remains on schedule for completion during the first half of 2024.

Approximately 9.3 million tons of ore have now been placed on the new Stage 6 leach pad, which – together with the new Merrill Crowe processing facility – was commissioned late last year. Materially higher production levels are anticipated to build throughout the second half of 2024 consistent with completion of Rochester’s ramp-up.

Once operating at full capacity, throughput levels are expected to be approximately 2.5 times higher than historical levels, making Rochester one of the world’s largest open pit heap leach operations and a key driver of cash flow growth for the Company. It is expected to be America’s largest source of domestically produced and refined silver.

Coeur Announces First Quarter 2024 Earnings Call

April, 09, 2024

CHICAGO--(BUSINESS WIRE)-- Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSE: CDE) today announced that it will report its first quarter 2024 operational and financial results after the New York Stock Exchange closes for trading on Wednesday, May 1, 2024. The Company will be hosting a conference call at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) on Thursday, May 2, 2024.

Hosting the call will be Mitchell J. Krebs, President and Chief Executive Officer of Coeur, who will be joined by Thomas S. Whelan, Senior Vice President and Chief Financial Officer, Michael “Mick” Routledge, Senior Vice President and Chief Operating Officer, Aoife McGrath, Senior Vice President of Exploration, and other members of management. A replay of the call will be available through May 9, 2024.

Conference Call Details:

U.S.:
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(855) 560-2581

Canada:
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(855) 669-9657

International:
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(412) 542-4166

Conference ID:

Ich habe, als der Jahresbericht von Coeur Mining raus kam, die 2023er Zahlen und 2024er Prognosezahlen von Coeur Mining (nur die niedrigsten angenommen) für mich grob ausgewertet. Fehlende durchschnittliche Verkaufspreise 2024 habe ich mit der konservativen Annahme für Gold von 2300$ und Silber 28,50$ angenommen. Als ob die EM Preise entgegen der Annahmen nicht mehr steigen. Daraus habe ich eine deutliche Bestätigung des Investments für mich gezogen.

Seht selbst.

Die durchschnittlichen Kosten 2023 für Gold  1353,45$ und Silber 18,11$.
Die durchschnittlichen Kosten 2024 für Gold 1402,66 $ und Silber 16,83$.
Gesamtkosten 2023 waren bei Gold 429.951.993$ und Silber 181.092.000$.
Prognose für 2024 für Gold liegt bei 434.825.000$ und Silber 180.050.000$.
Macht Mehrkosten Produktion von 3.831.007$ für 2024.

Kosten für Entwicklung und Erhalt 2023 waren 365.000.000$.
Kosten für Entwicklung und Erhalt 2024 sollen ca. 184.000.000$ werden.
Macht Einsparungen von 181.000.000$ gegenüber 2023.

Nettoeinkommen 2023 war -103.600.000$.
Schuldenstand netto Dezember 2023 war 483.677.000$.

Erlöse 2023 waren 823.574.900$.
Erlöse 2024 errechne ich 1.017.950.000$.
Macht theoretische Mehrerlöse von 196.750.000$ für 2024.

2023 Nettoeinkommen -103.600.000$
- die Mehrkosten 3.831.007$
+ die Einsparungen 181.000.000$
+ Mehrerlöse 196.750.000$
------------------------
= 270.318.993$ theoretisches Nettoeinkommen für 2024!

Damit wären die aktuellen Schulden theoretisch nach 1,79Jahren getilgt.

Coeur Publishes 2023 ESG Report

April, 23, 2024

CHICAGO--(BUSINESS WIRE)-- Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSE: CDE) today published its 2023 ESG Report (the “Report”), highlighting the Company’s efforts to advance its environmental, social and governance strategy, priorities and practices and its responsible mining operations. The Report details Coeur’s public ESG targets, best-in-class corporate governance practices and positive environmental and social impacts that are aligned with generating long-term value for stockholders.

Report Highlights:

   Health and safety – Coeur remained focused on total worker health and safety in 2023, resulting in the lowest Total Reportable Injury Frequency Rate (TRIFR) among peers according to MSHA standards, at 0.46.

   Tailings management – To increase transparency into tailings management and to bolster existing management practices and governance systems, the Company is implementing the Global Industry Standard on Tailings Management (GISTM), among just 17% of non-ICMM companies in the industry to do so.

   Biodiversity Management Standard – Coeur is committed to protecting, restoring, conserving and managing natural capital, biodiversity and ecosystem services through responsible development and environmental stewardship, as well as transparently reporting on performance and key nature-related metrics.