This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Coeur D'Alene Mines loses $17.28-million in Q3 2009-11-05 18:43 ET - News Release Mr. Dennis Wheeler reports COEUR'S NEW MINES LEAD TO RECORD PRODUCTION AND REVENUE AIDED BY CONTINUED STRONG SILVER AND GOLD PRICES
Coeur D'Alene Mines Corp. had record silver production of 5.2 million ounces during the
third quarter of 2009. This record production represents an 86-per-cent increase
compared with last year's third quarter, and was driven by Coeur's two new,
large, long-life mines -- San Bartolome in Bolivia and Palmarejo in
Mexico -- which combined for a total of 3.4 million ounces of silver
production, or 65 per cent of the company's total silver production, during the
third quarter. Gold production also increased dramatically due to the
continued ramp-up of production at Palmarejo, which produced 24,289
ounces during the quarter.
The company also reported record quarterly revenue of $89.8-million, a
146-per-cent increase over last year's third-quarter revenue, along with
quarterly operating cash flow of $23.0-million compared with $1.2-million
of operating cash flow during last year's third quarter. The remainder is available to Stockwatch subscribers.
If you would like to give the Stockwatch system a try,
click here for a free 30 day trial subscription. |
Top
Print this Page