Coeur d'Alene Mines Corporation - CDE.n

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Coeur d'Alene Mines Corporation - CDE.n
t?s=cde&lang=en-US&region=US&width=275&himagesCAGWCPIF.jpgfrontpage1.jpg imagesCAMXG5OM.jpg
Pages%2Bfrom%2BCDE_2012-05-09%2BInvestor Coeur d'Alene Mines Corporation - CDE.n is the largest U.S.-based primary silver producer and a growing gold producer. In 2012, the Company expects to produce between 18.5 million and 20.0 million ounces of silver and between 210,000 and 230,000 ounces of gold.

Total cash operating costs are expected to be $6.50-$7.50 per silver ounce"

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Coeur d’Alene Mines Announces Share Repurchase Program

COEUR D’ALENE, Idaho--Jun. 7, 2012
Coeur d’Alene Mines Corporation (NYSE:CDE)(TSX:CDM) announced today that its Board of Directors has authorized a share repurchase program of up to $100 million of the Company’s common equity. Based on yesterday’s closing price of $18.95 per share, the authorized program represents approximately 5.3 million, or nearly six percent, of the Company’s outstanding shares.

President and Chief Executive Officer
Mitchell J. Krebs commented, “This program reflects our confidence in the underlying cash flow and long-term value of the Company. We view share repurchases as an effective method of returning capital to shareholders while still maintaining our commitment to growth through investing in high-return internal and external growth opportunities.”

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