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Kensington Mine

Coeur d'Alene Mines Q1 gold production rises, silver down

Idaho-based precious metals miner Coeur d'Alene Mines on Monday said gold production for the first quarter ended March 31 had risen by 30% to 56 913 oz, mainly owing to significantly higher production from the company's Kensington mine in Alaska,...
15th April 2013

Coeur lifts profit 11%, resumes mining in Alaska

US-based precious-metals miner Coeur d’Alene on Monday posted higher first-quarter earnings, on the back of stronger gold and silver prices, significantly reduced costs of silver production and resumed mining at its Kensington mine, in Alaska....
8th May 2012
New Mining Technologies

First university in the US to select local company’s simulation system

Designer and manufacturer of simulators Thoroughbred Technologies has supplied its ThoroughTec Simulation division’s fourth generation CYBERMINE4 simulator, becoming the US’s first advanced underground mine training simulator to be acquired by a...
9th September 2011

Coeur mulls acquisitions, dividends

US silver producer Coeur d'Alene Mines is looking to use its growing cash flow for acquisitions and will also look at returning money to shareholders, CEO Dennis Wheeler told analysts on Monday. The company, which has mines in Mexico, Bolivia,...
10th May 2011

Higher output, prices buoy Coeur earnings

Silver miner Coeur d'Alene Mines reported a first-quarter profit of $12,5-million, compared with a $12,9-million net loss a year earlier, helped by increased production and strong silver and gold prices. Excluding some once-off items, adjusted...
9th May 2011

Coeur expects to hit 20Moz silver this year, won't hedge output

Coeur d'Alene Mines, the biggest US silver producer, expects to increase silver output to as much as 20-million ounces this year, CEO Dennis Wheeler said on Monday. Shares in the miner jumped 15% in New York, to $31,83 apiece, after the company...
28th February 2011

Coeur to start mining in July at Alaska project

Idaho-based Coeur d'Alene Mines plans to begin mining operations at its Kensington mine in Alaska in July, the company announced on Wednesday. Coeur said the mine is expected to produce around 50 000 oz of gold this year, up from an earlier...
7th April 2010

Coeur to start ramp up at Alaska mine early 2010

US precious-metals miner Coeur d'Alene Mines has completed 90% of the construction of its new Kensington mine, in Alaska, and expects to start operational ramp up early in 2010, ahead of first production in the second half of the year. The...
7th August 2009

Coeur reduces convertible debt

US precious-metals miner Coeur d'Alene Mines lowered its convertible debt by more than $150-million, or around 37%, during the first half of 2009, the firm announced on Thursday. The debt was reduced in a series of privately negotiated...
2nd July 2009

US top court rules Coeur can dump waste into Alaska lake

Shares in precious-metals miner Coeur d'Alene Mines rose 5,2% on Monday, after the US Supreme Court upheld a permit that will allow the miner to pump rock waste from its new Kensington mine, in Alaska, into a nearby lake. The justices overturned...
22nd June 2009

Coeur starts up world's biggest pure silver mine

Precious-metals miner Coeur d'Alene Mines has begun introducing ore to the mill at its San Bartolome mine, in Bolivia, and expects to produce 6-million ounces of silver from the mine this year, chairperson, president and CEO Dennis Wheeler...
12th May 2008
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