Coeur to Present at Barclays High Yield Conference in Chicago
May 20 2013 - 8:30AM
Business Wire
Coeur Mining, Inc.’s (NYSE:CDE)(TSX:CDM) President and Chief
Executive Officer Mitchell J. Krebs will present at the Barclays
High Yield and Syndicated Loan Conference at the JW Marriott
Chicago at 9:30 a.m. Central time (10:30 a.m. Eastern time) on May
22, 2013. There will be a webcast link to the presentation
available on the Company’s website at www.coeur.com. A PDF of the
slide presentation will be posted that morning prior to the
webcast.
Highlights of Mr. Krebs’ presentation include:
- Reaffirming the Company’s 2013
production guidance of 18.0 – 19.5 million ounces of silver and
250,000 – 265,000 ounces of gold. Cash operating costs per ounce of
silver are expected to be $9.50 – $10.50 for the full year, using a
gold by-product price assumption of $1,500 for the last nine months
of 2013. Kensington’s cash operating costs per ounce of gold for
2013 are expected to be $900-$950.
- Reviewing the recently acquired La
Preciosa project in Mexico, which is one of the largest undeveloped
silver deposits in the world.
- Reiterating the Company’s strategic
goals and focus, including building a foundation of operational
consistency and improving efficiency at Coeur’s four mines in the
Americas.
The Barclays High Yield Bond and Syndicated Loan Conference is
an invitation-only conference for fund and portfolio managers,
institutional investors and analysts and features presentations by
executive management from a variety of industries.
About Coeur
Coeur Mining, Inc. is the largest U.S.-based primary silver
producer and a growing gold producer. The Company has four precious
metals mines in the Americas generating strong production, sales
and cash flow. Coeur produces from its wholly owned operations: the
Palmarejo silver-gold mine in Mexico, the San Bartolomé silver mine
in Bolivia, the Rochester silver-gold mine in Nevada and the
Kensington gold mine in Alaska. Coeur has a non-operating interest
in the Endeavor silver-gold mine in Australia. The Company has two
feasibility stage projects, the Joaquin silver project in Argentina
and the La Preciosa silver-gold project in Mexico. In addition,
Coeur conducts ongoing exploration activities in Mexico, Argentina,
Nevada, Alaska and Bolivia. The Company owns strategic investment
positions in eight silver and gold development companies with
projects in North and South America.
Cautionary Statement
This news release contains forward-looking statements within the
meaning of securities legislation in the United States and Canada,
including statements regarding anticipated operating results,
production levels, operating costs and assumed gold prices for the
remainder of 2013. Such forward-looking statements involve known
and unknown risks, uncertainties and other factors which may cause
Coeur's actual results, performance or achievements to be
materially different from any future results, performance or
achievements expressed or implied by the forward-looking
statements. Such factors include, among others, the risks and
hazards inherent in the mining business (including environmental
hazards, industrial accidents, weather or geologically related
conditions), changes in the market prices of gold and silver, the
uncertainties inherent in Coeur's production, exploratory and
developmental activities, including risks relating to permitting
and regulatory delays and disputed mining claims, any future labor
disputes or work stoppages, changes that could result from Coeur's
future acquisition of new mining properties or businesses, reliance
on third parties to operate certain mines where Coeur owns silver
production and reserves, the loss of any third-party smelter to
which Coeur markets silver and gold, the effects of environmental
and other governmental regulations, the risks inherent in the
ownership or operation of or investment in mining properties or
businesses in foreign countries, Coeur's ability to raise
additional financing necessary to conduct its business, make
payments or refinance its debt, as well as other uncertainties and
risk factors set out in filings made from time to time with the
United States Securities and Exchange Commission, and the Canadian
securities regulators, including, without limitation, Coeur's most
recent reports on Form 10-K and Form 10-Q. Actual results,
developments and timetables could vary significantly from the
estimates presented. Readers are cautioned not to put undue
reliance on forward-looking statements. Coeur disclaims any intent
or obligation to update publicly such forward-looking statements,
whether as a result of new information, future events or otherwise.
Additionally, Coeur undertakes no obligation to comment on
analyses, expectations or statements made by third parties in
respect of Coeur, its financial or operating results or its
securities.
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