CDE Coeur Mining Inc

Fairvest, Canada's Leading Independent Proxy Advisory Firm, Recommends Wheaton River Shareholders Vote Against IAMGold Proposal Fairvest Reverses Earlier Recommendation, Cites Coeur's Increased Offer COEUR D'ALENE, Idaho, June 30 /PRNewswire-FirstCall/ -- Coeur d'Alene Mines Corporation (NYSE:CDE) today announced that Fairvest, Canada's leading independent proxy advisory firm and an affiliate of Institutional Shareholder Services (ISS), today reversed its June 28, 2004 decision and recommended that shareholders of Wheaton River Minerals Ltd. (TSX: WRM, Amex: WHT) vote AGAINST the proposed IAMGold plan of arrangement at the reconvened Special Meeting of Shareholders scheduled for July 6, 2004. Recommendations by Fairvest, an ISS company, are relied upon by hundreds of major institutional investment firms, mutual funds, and other fiduciaries throughout the Canada, U.S. and the world. Dennis E. Wheeler, Chairman and Chief Executive Officer of Coeur d'Alene, said, "We are pleased that Fairvest, an ISS company, recommends that Wheaton River shareholder vote AGAINST the IAMGold proposal. We believe today's decision by Fairvest recognizes that Coeur's significantly increased offer is without question the superior alternative for Wheaton River and its shareholders. "Today's recommendation by Fairvest is one more reason for Wheaton River shareholders to act now and vote AGAINST the IAMGold proposal on Coeur's GREEN proxy card," added Mr. Wheeler. "Coeur's superior offer will be available only if shareholders defeat the IAMGold proposal by voting AGAINST at the July 6th Special Meeting. We urge Wheaton River shareholders vote AGAINST the proposed IAMGold transaction on Coeur's GREEN proxy card as promptly as possible today to ensure their vote is counted." Wheaton River Shareholder Voting Instructions Coeur urges all Wheaton River shareholders to vote AGAINST the proposed IAMGold plan of arrangement on Coeur's GREEN proxy card at Wheaton River's reconvened Special Meeting of Shareholders scheduled for July 6, 2004. The early cutoff for voting proxies is 11:00 am (Toronto time) on July 2, 2004. Due to the Canadian holiday on July 1, 2004, Coeur urges beneficial shareholders in Canada to fax or deliver Coeur's GREEN proxy card voting AGAINST via overnight express to their intermediary by NOON on June 30, 2004. Coeur urges beneficial shareholders in the United States to vote by telephone / internet or deliver Coeur's GREEN proxy card voting AGAINST via overnight express to their intermediary by NOON on July 1, 2004. If shareholders have any questions about how to vote, revoke or change their vote, please call MacKenzie Partners, Inc. at 1-800-322-2885 (toll-free) or 212-929- 5500 (call collect). CIBC World Markets Inc. and JP Morgan are acting as co-financial advisors to Coeur. Coeur d'Alene Mines Corporation is the world's largest primary silver producer, as well as a significant, low-cost producer of gold. The Company has mining interests in Nevada, Idaho, Alaska, Argentina, Chile and Bolivia. Cautionary Statement This document contains numerous forward-looking statements relating to the Company's silver and gold mining business. Such forward-looking statements include the statements above as to the impact of the proposed acquisition on both the combined entity and the Company's stockholders. Such statements are subject to numerous assumptions and uncertainties, many of which are outside the Company's control. These include negotiation and completion of a formal transaction agreement, governmental regulatory processes, the Company's ability to successfully integrate the operations of Wheaton River, assumptions with respect to future revenues, expected mining program performance and cash flows and the outcome of contingencies. Operating, exploration and financial data, and other statements in this document are based on information the company believes reasonable, but involve significant uncertainties as to future gold and silver prices, costs, ore grades, estimation of gold and silver reserves, mining and processing conditions, the completion and/or updating of mining feasibility studies, changes that could result from the Company's future acquisition of new mining properties or businesses, the risks and hazards inherent in the mining business (including environmental hazards, industrial accidents, weather or geologically related conditions), regulatory and permitting matters, risks inherent in the ownership and operation of, or investment in, mining properties or businesses in foreign countries, as well as other uncertainties and risk factors set out in the Company's filings from time to time with the SEC, including, without limitation, the Company's reports on Form 10-K and Form 10-Q. Actual results and timetables could vary significantly from the estimates presented. Readers are cautioned not to put undue reliance on forward-looking statements. The Company disclaims any intent or obligation to update publicly these forward-looking statements, whether as a result of new information, future events or otherwise. This communication is neither an offer to purchase nor a solicitation of an offer to sell shares of Wheaton River or Coeur. This communication is not a solicitation of a proxy from any security holder of Coeur d'Alene Mines Corporation or Wheaton River Minerals Ltd. YOU ARE URGED TO READ ALL TENDER OFFER MATERIALS AND ANY RELATED PROXY STATEMENT/PROSPECTUS WHEN THEY BECOME AVAILABLE AND ANY OTHER RELEVANT DOCUMENTS WHEN FILED WITH THE SEC AND THE SECURITIES COMMISSIONS OR EQUIVALENT REGULATORY AUTHORITIES IN CANADA BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. You will be able to obtain such materials, and any amendments and supplements thereto, (as they become available) without charge at the SEC's website, http://www.sec.gov/. In addition, you may obtain tender offer materials and any related proxy statement/prospectus (as they become available) and the other documents filed by Coeur with the SEC by requesting them in writing from, 400 Coeur d'Alene Mines Building, 505 Front Avenue, Coeur d'Alene, Idaho 83814, Attn: Investor Relations, tel: (208) 667-3511. Contacts: James A. Sabala Chief Financial Officer 208-769-8152 Mitchell J. Krebs Vice President Of Corporate Development 773-255-9808 Joele Frank / Judith Wilkinson Joele Frank, Wilkinson Brimmer Katcher 212-355-4449 Dan Burch / Steve Balet MacKenzie Partners, Inc. 212-929-5500 DATASOURCE: Coeur d'Alene Mines Corporation CONTACT: James A. Sabala, Chief Financial Officer, +1-208-769-8152, Mitchell J. Krebs, Vice President Of Corporate Development, +1-773-255-9808, both of Coeur d'Alene Mines Corporation; Joele Frank or Judith Wilkinson, Joele Frank, Wilkinson Brimmer Katcher, +1-212-355-4449; Dan Burch or Steve Balet, MacKenzie Partners, Inc., +1-212-929-5500, for Coeur d'Alene Mines Corporation Web site: http://www.coeur.com/

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