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Coeur D’Alene Mines Reports Fatal Accident At Palmarejo Mine

Stocks in this article: CDE CDM

Coeur d’Alene Mines Corporation (“Coeur”) (NYSE: CDE) (TSX: CDM) reported that a fatality took place late Sunday morning at the Company’s Palmarejo silver and gold mine in Mexico.

The incident occurred outside the underground mine in the vicinity of the south portal and involved an employee who fell while performing maintenance work on a piece of surface equipment. The appropriate authorities have been notified and the incident is under investigation by the Company and the local police. Work in the underground portion of the mine has been suspended pending completion of the investigation. The open pit mine and milling facilities remain in operation.

The Palmarejo Mine is located 420 kilometers by road southwest of the state capital city of Chihuahua and 15 kilometers northwest of the town of Témoris. Palmarejo employs over 900 people while contractor employment totals about 150.

Copyright Business Wire 2010

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