Coeur d’Alene Mines Corporation’s (NYSE:CDE) (TSX:CDM) President and Chief Executive Officer Mitchell J. Krebs will present at the Denver Gold Forum at the Hyatt Regency Denver at 3:10 p.m. MST (5:10 p.m. EST) on September 11, 2012. There is a webcast link to the presentation and a PDF of the slide presentation available on the Company’s website at www.coeur.com. Highlights of Mr. Krebs’ presentation include:
- Company’s repurchase of 475,500 common shares totaling approximately $10 million as part of its ongoing $100 million share repurchase program, which has reduced the Company’s outstanding shares to 89.4 million.
- Reaffirmation of Company’s expectation to achieve the high-end of full-year 2012 production guidance of 18.5 – 20.0 million ounces of silver and 210,000 – 230,000 ounces of gold, and the low-end of cash operating costs per ounce of silver of $6.50-$7.50. Kensington’s cash operating costs per ounce of gold for 2012 are expected to be $1,150-$1,250.
- Overview of the Rochester legal dispute related to certain unpatented claims.
Donald J. Birak, Coeur's Senior Vice President of Exploration and a qualified person under Canadian National Instrument 43-101, supervised the preparation of the scientific and technical information concerning Coeur's mineral projects in this presentation. For a description of the key assumptions, parameters and methods used to estimate mineral reserves and resources, as well as data verification procedures and a general discussion of the extent to which the estimates may be affected by any known environmental, permitting, legal, title, taxation, socio-political, marketing or other relevant factors, please see the Technical Reports for each of Coeur's properties as filed on SEDAR at www.sedar.com.Non-U.S. GAAP Measures We supplement the reporting of our financial information determined under United States generally accepted accounting principles (U.S. GAAP) with certain non-U.S. GAAP financial measures, including cash operating costs, operating cash flow, adjusted earnings, and EBITDA. We believe that these adjusted measures provide meaningful information to assist management, investors and analysts in understanding our financial results and assessing our prospects for future performance. We believe these adjusted financial measures are important indicators of our recurring operations because they exclude items that may not be indicative of, or are unrelated to our core operating results, and provide a better baseline for analyzing trends in our underlying businesses. We believe cash operating costs, operating cash flow, adjusted earnings and EBITDA are important measures in assessing the Company's overall financial performance. About Coeur Coeur d’Alene Mines Corporation is the largest U.S.-based primary silver producer and a growing gold producer. The Company has three new, large precious metals mines generating significantly higher production, sales and cash flow in continued strong metals markets. In 2011, Coeur realized the first full year of production and cash flow from all three of its new, 100%-owned mines: the San Bartolomé silver mine in Bolivia, the Palmarejo silver-gold mine in Mexico, and the Kensington gold mine in Alaska. In addition, the Company began producing silver and gold from its long-time Rochester in Nevada in the fourth quarter of 2011. The Company also owns a non-operating interest in a low-cost mine in Australia, and conducts ongoing exploration activities near its operations in Argentina, Mexico, Alaska and Nevada. Additional information can be accessed through the Company’s website at www.coeur.com.