Sector: Basic Materials | Industry: Gold |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 200 SOUTH WACKER DRIVE, SUITE 2100 CHICAGO IL 60606 |
Tel: | 1-208-6650345 |
Website: | https://www.coeur.com |
IR: | See website |
Key People | ||
Mitchell J. Krebs President, Chief Executive Officer, Director | Thomas S. Whelan Senior Vice President, Chief Financial Officer | Michael Routledge Chief Operating Officer, Senior Vice President |
Emilie C. Schouten Senior Vice President, Chief Human Resource Officer | Casey M. Nault Senior Vice President, General Counsel, Chief ESG Officer, Company Secretary | Aoife Mcgrath Senior Vice President - Exploration | Kenneth J. Watkinson Chief Accounting Officer, Vice President, Corporate Controller |
Business Overview |
Coeur Mining, Inc. is a precious metals producer. The Company has four wholly owned operations: the Palmarejo gold-silver complex, the Rochester silver-gold mine, the Kensington gold mine and the Wharf gold mine. The Palmarejo gold-silver complex is located approximately 260 miles southwest of Chihuahua, in the state of Chihuahua in Northern Mexico. The Rochester open pit heap leach silver-gold mine is located in northwestern Nevada, approximately 13 miles northeast of the city of Lovelock. The Kensington underground gold mine and associated milling facilities are located on the east side of the Lynn Canal about 45 miles north-northwest of Juneau, Alaska. The Wharf mine is located in the northern Black Hills of western South Dakota, approximately four miles southwest of the city of Lead, South Dakota. In addition, the Company wholly owns the Silvertip silver-zinc-lead exploration project in British Columbia. The Silvertip mine covers an area of approximately 40,904 hectares. |
Financial Overview |
For the three months ended 31 March 2024, Coeur Mining Inc revenues increased 14% to $213.1M. Net loss increased 18% to $29.1M. Revenues reflect Palmarejo segment increase of 17% to $96.4M, Wharf segment increase of 40% to $43.3M, Mexico segment increase of 17% to $96.4M, United States segment increase of 11% to $116.7M. Higher net loss reflects Fair value adjustments, net decrease from $10.6M (income) to $0K. |