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The purpose of the development is to mine for gold.

Coeur Reports Second Quarter 2021 Results Reaffirms Production Guidance; Updates Cost and Capital Expenditure Guidance CHICAGO--(BUSINESS WIRE)--Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSE: CDE) today reported second quarter 2021 financial results, including revenue of $214.9 million, cash flow from operating activities of $58.1 million and GAAP net income from continuing operations of $32.1 million, or $0.13 per share. On an adjusted basis 1, the Company reported EBITDA of $52.7 million, cash flow from operating activities before changes in working capital of $31.4 million an...

Coeur Reports First Quarter 2021 Results Reaffirms Full-Year 2021 Guidance CHICAGO--(BUSINESS WIRE)--Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSE: CDE) today reported first quarter 2021 financial results, including revenue of $202.1 million, cash flow from operating activities of $(4.4) million and GAAP net income from continuing operations of $2.1 million, or $0.01 per share. On an adjusted basis 1, the Company reported EBITDA of $65.9 million, cash flow from operating activities before changes in working capital of $41.6 million and net income from continuing operations of $1...

Mid-2022 In addition to the expansion of the main Rochester deposit, the technical report also outlines the planned build out of the adjacent Nevada Packard deposit located southwest of the Rochester mine. The development of Nevada Packard is scheduled to break ground in 2029 and includes plans for a new leach pad, crushing facility, Merrill-Crowe process plant, mobile equipment and supporting infrastructure, which is expected to cost approximately $49 million in construction capital. Production from Nevada Packard is scheduled to commence in 2030, leading to the placement of approximately 32...

Coeur Announces Details of Rochester Expansion in Updated Technical Report on December 16 2020 11:00 PM Significantly higher reserves and larger-scale expansion project expected to reposition Rochester as the Company’s cornerstone asset, representing a fundamental step-change for Coeur CHICAGO--(BUSINESS WIRE)--Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSE: CDE) 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 Te...