Coeur Announces Senior Management Change for Its North American Operations
December 30 2004 - 4:01PM
PR Newswire (US)
Coeur Announces Senior Management Change for Its North American
Operations COEUR D'ALENE, Idaho, Dec. 30 /PRNewswire-FirstCall/ --
Coeur d'Alene Mines Corporation (NYSE:CDE), the world's largest
primary silver producer, announced that, effective December 31,
2004, Harry Cougher will become Coeur's Senior Vice President of
North American Operations and Robert Martinez has chosen to retire
from the positions of President and Chief Operating Officer. Dennis
E. Wheeler, Coeur's Chairman and Chief Executive Officer, will
assume the title of President. "These changes will solidify Coeur's
senior management structure as we poise ourselves for operational
growth in North America beginning in 2005," said Mr. Wheeler. "With
Harry now responsible for our North American initiatives and Ray
Threlkeld, President South American Operations, continuing to head
up Coeur's South American activities, I believe we have the
organizational structure in place to deliver the optimal results
from our new projects and current operations. Additionally, I would
like to take this opportunity to thank Bob Martinez for his
significant contributions to Coeur over his fifteen years with the
Company and wish him a most enjoyable retirement." Mr. Wheeler
continued, "In addition to the ongoing expansion plan at our Silver
Valley underground operations in Idaho, we plan to begin developing
our Kensington underground gold project in Alaska during 2005. With
nearly thirty-nine years of underground mining experience, Harry is
perfectly suited to lead these efforts." Since 2001, Mr. Cougher
has been the Vice President and General Manager of Coeur Silver
Valley. In addition to his newly expanded role, Mr. Cougher will
continue to be responsible for the Silver Valley operations. 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. Contact: Tony Ebersole, Investor Relations Coeur
d'Alene Mines Corporation 208-665-0335 DATASOURCE: Coeur d'Alene
Mines Corporation CONTACT: Tony Ebersole, Investor Relations of
Coeur d'Alene Mines Corporation, +1-208-665-0335 Web site:
http://www.coeur.com/
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