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| Share Name | Share Symbol | Market | Stock Type |
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| Conder Env. | CDE | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
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| 0.00 | 0.00% | 0.35 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
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| 0.35 | 0.35 |
| Top Posts |
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Posted at 09/4/2024 21:48 by stu31 Expanded Rochester Mine Achieves Commercial Production; Ramp-Up on Schedule08/04/2024 9:30pm Coeur Mining, Inc. (“Coeur” or the “Company” Commissioning of the new three-stage crushing circuit and truck load-out facility was completed on March 7. Since then, the crushing circuit has operated at an average throughput of nearly 70,000 tons per day1 and has exceeded 88,000 tons per day, leading to the declaration of commercial production as of the end of the first quarter. Ramp-up to full design capacity of 88,000 tons per day—or approximately 32 million tons per year—remains on schedule for completion during the first half of 2024. Approximately 9.3 million tons of ore have now been placed on the new Stage 6 leach pad, which – together with the new Merrill Crowe processing facility – was commissioned late last year. Materially higher production levels are anticipated to build throughout the second half of 2024 consistent with completion of Rochester’s ramp-up. Once operating at full capacity, throughput levels are expected to be approximately 2.5 times higher than historical levels, making Rochester one of the world’s largest open pit heap leach operations and a key driver of cash flow growth for the Company. It is expected to be America’s largest source of domestically produced and refined silver. “Following its full hand-off to the operations team in early March, the expanded Rochester mine has ushered in a new growth phase for Coeur leading to higher silver and gold production levels, lower unit costs, and positive free cash flow,” said Mitchell J. Krebs, President and Chief Executive Officer. “The invaluable experience and learnings gleaned over the past three years from operating similar infrastructure that we installed at the legacy operation has contributed to an impressive ramp-up curve to date and positions the mine for a strong second half of 2024. With commissioning now behind us and the ramp-up proceeding well, the team is turning its focus to mine optimization efforts and business improvement initiatives aimed at maximizing the value of this world class, long-life asset.” About Coeur Coeur Mining, Inc. is a U.S.-based, well-diversified, growing precious metals producer with four wholly-owned operations: the Palmarejo gold-silver complex in Mexico, the Rochester silver-gold mine in Nevada, the Kensington gold mine in Alaska and the Wharf gold mine in South Dakota. In addition, the Company wholly-owns the Silvertip polymetallic exploration project in British Columbia. |
Posted at 13/3/2024 17:50 by stu31 Coeur Announces Flow-Through Shares Private Placement to Advance Silvertip ExplorationFebruary, 26, 2024 C$34 million of expected proceeds to fund accelerated exploration program CHICAGO--(BUSINESS WIRE)-- Coeur Mining, Inc. (“Coeur” or the “Company” The proceeds of the Offering will be used exclusively for qualifying Canadian Exploration Expenditures (“CEE”) (as such term is defined in the Income Tax Act (Canada), in conducting an exploration and mineral resource evaluation program on the Silvertip Property in British Columbia and Yukon to determine the existence, location, extent, and quality of the silver, lead, and zinc on the Silvertip Property. The flow-through shares will be privately placed with investors in certain provinces in Canada pursuant to applicable exemptions from the prospectus requirements. The initial Offering is expected to close on or about March 8, 2024. The Offering will be subject to the satisfaction or waiver of customary closing conditions. The flow-through shares will only be offered and sold outside the United States pursuant to Regulation S under the Securities Act of 1933, as amended (the “U.S. Securities Act”). The Offering has not been, and will not be, registered under the U.S. Securities Act or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, United States persons absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This news release is neither an offer to sell nor a solicitation of an offer to buy any of these securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful. About Coeur Coeur Mining, Inc. is a U.S.-based, well-diversified, growing precious metals producer with four wholly-owned operations: the Palmarejo gold-silver complex in Mexico, the Rochester silver-gold mine in Nevada, the Kensington gold mine in Alaska and the Wharf gold mine in South Dakota. In addition, the Company wholly-owns the Silvertip silver-zinc-lead exploration project in British Columbia. |
Posted at 13/3/2024 17:39 by stu31 Coeur Reports Fourth Quarter and Full-Year 2023 ResultsFebruary, 21, 2024 Strong fourth quarter performances at Rochester and Wharf drove a 35% increase in quarterly revenue Full-year 2024 guidance highlights significant expected production growth CHICAGO--(BUSINESS WIRE)-- Coeur Mining, Inc. (“Coeur” or the “Company” For the full year, Coeur reported revenue of $821 million, cash flow from operating activities of $67 million and GAAP net loss from continuing operations of $104 million, or $0.30 per share. On an adjusted basis1, the Company reported EBITDA of $142 million, cash flow from operating activities prior to changes in working capital of $59 million and net loss from continuing operations of $78 million, or $0.23 per share. Key Highlights Strong fourth quarter drove significant increases in revenue and adjusted EBITDA – Production increases at Rochester and strong finishes at Kensington and Wharf drove a 35% increase in revenue and a more-than doubling of adjusted EBITDA quarter-over-quarter Full-year 2023 gold and silver production guidance achieved – Gold and silver production increased 29% and 34% quarter-over-quarter Rochester expansion ramp-up progressing – Commissioning of Rochester’s new crushing circuit is progressing, with completion of ramp-up activities anticipated during the first half of 2024. Full-year 2024 silver and gold production guidance reflects strong anticipated year-over-year growth while second half cost guidance highlights sharp expected declines compared to recent years. Once operating at full capacity, throughput levels are expected to average 32 million tons per year, approximately 2.5 times higher than historical levels Wharf delivers all-time record annual free cash flow1 – The Wharf gold mine in South Dakota ended the fourth quarter with operating cash flow of $29 million and free cash flow1 of approximately $27 million. For the full year, operating cash flow totaled $84 million and free cash flow1 reached an all-time record $82 million. Since acquiring Wharf in February 2015, Coeur has generated cumulative free cash flow1 of more than four times its original $99.5 million investment while mine life has remained strong at six years compared to the estimated five-year mine life at the time of acquisition Silvertip drills one of its highest grade intercepts ever – Results have been received for almost half of 2023 drilling in the Southern Silver Zone at the high-grade Silvertip polymetallic exploration project in northern British Columbia, including the highest-grade intercept ever drilled at the Southern Silver Zone in this rapidly growing near area “The Company finished 2023 on a high note, highlighted by a significant step-up in production levels at the newly expanded Rochester mine in Nevada and a record cash flow year at the Wharf mine in South Dakota,” said Mitchell J. Krebs, President and Chief Executive Officer. “Kensington also delivered a solid fourth quarter to complete a strong second half. “Ramp-up and commissioning activities at Rochester are progressing toward completion in the first half of 2024, setting the stage for strong near-term production growth, lower costs, and sharp increases in cash flow. Rochester is expected to become the anchor of our base of North American silver and gold assets and is the key driver to strong expected increases in our overall silver and gold production levels this year. “While we remain focused on our ramp-up and optimization efforts at Rochester, we continue to advance several key initiatives at our other operations. At Kensington in Alaska, 2024 represents the last full year of elevated levels of development and drilling investment under our current multi-year plan that we expect will significantly extend its mine life and return the operation to being a generator of positive free cash flow for the Company. At Palmarejo in Mexico, expected completion of the transaction with Fresnillo will usher in a revitalized development phase focused on targeting resources to the north and east of existing operations. Finally, Silvertip’s ambitious and highly successful exploration program will continue in British Columbia, benefiting from a full year of drilling and geologic modeling aimed at further increasing the scale and our knowledge of this high-grade polymetallic carbon replacement deposit.” Balance Sheet and Liquidity Update Coeur ended the quarter with total liquidity of approximately $247 million, including $62 million of cash and $185 million of available capacity under its $390 million revolving credit facility (“RCF”)4 On February 21, 2024, the Company completed a new agreement to extend and enhance its RCF. Details include: Maturity of February 2027 Increased aggregate borrowing capacity from $390 million to $400 million Option to increase aggregate borrowing capacity by an additional $100 million Seven banks comprise the syndicate, including new additions National Bank of Canada and Fédération des Caisses Desjardins du Québec During the fourth quarter, Coeur satisfied $45 million associated with prepay agreements at Kensington, Rochester and Wharf. Additionally, the Company exercised options under amended agreements to receive an additional $25 million prepayment at Kensington, an approximately $18 million prepayment for deliveries of gold and silver doré from Rochester, and a roughly $13 million prepayment for deliveries of gold concentrate from Wharf. Hedging Update During the fourth quarter, the Company added to its hedge position by executing additional hedges on approximately 95,000 ounces of its expected 2024 gold production at an average price of roughly $2,076 per ounce and approximately 3.1 million ounces of its expected 2024 silver production at an average price of roughly $25.16 per ounce. |
Posted at 15/11/2007 11:18 by cockneyrebel Oh and if you want a comparison of what could be achievable here:HYD - Sales £22m per annum aprox - Mkt Cap £29m. CDE - Sales £12m per annum on continuing operations - Mkt cap £4m. Of course CDE still have to deliver but they do say they are now back in profit, nice board changes and directors buying more shares. CR |
Posted at 12/11/2007 15:01 by cockneyrebel Well when you consider these made a loss of 1.7p a share from continuing ops last year but the directors have said they will make a small profit in H1 and a profit for the year and directors have been buying a decent wadge (which is hard to get hold of believe me, I've tried) then the potential looks huge. HYD trades on a PE of 20. If CDE were to do £1m profit on the same rating as HYD they would be 45p a share.They also have past tax losses of £6.5m so no tax and probably tax credits for some years to come imo. These tax credit's alone would be worth £1.5m - the company is valued @ £3.5m which seems extremely cheap potentially. CR |
Posted at 20/7/2007 09:58 by garth someuwin - 20 Jul'07 - 08:35 - 35 of 37HYD Market Cap £28.77m CDE Market Cap £4.22m Yup - and there is reason for that! ;0) HYD= an investment with a track record CDE= a punt on them maintaining profitability CDE had needed for a long time to sell off Vikoma. It tended to have a boom-bust cyclical effect on the results meaning that the company was swinging from loss to profit and back again. They had problems with the membranes on their tanks with their main supplier going bust. Perhaps the past really is now behind? CR - Hydroserve was, from memory, the part of the business dealing with drains, services etc. and therefore the part that would have stood to gain from the flooding. But I'll check. G. |
Posted at 20/7/2007 08:35 by someuwin HYD Market Cap £28.77mCDE Market Cap £4.22m |
Posted at 06/11/2006 09:15 by robin_of_loxley Fastballiffy, what have you heard re cde? you didnt post it on either the cde or cdep threads?"FASTBALLFIFTY - 5 Nov'06 - 21:34 - 15748 of 15765 PUGDAN SORRY FOR O/T CONCORDE MOVING UP NOW CHAIRMAN TALKING OF 50P TO £1 A SHARE CHECK IT !" Is there anything to back up this comment? regards, RoL >>>>---------------- |
Posted at 25/10/2006 10:48 by hard work ...if you recall, there is already a CDE on AIM hence the change in EPIC so as not to clash |
Posted at 17/8/2006 10:47 by andy wassaper,Good point re the DD. Any company wanting to do a deal with Pechora would have to start at the beginning, and the DD would take them a couple of months at least, so CDE have time to try and raise the funds again, as they could move very quickly if the funds were available. Maybe the proposed deal could be restructured in some way so the initial payment is less, and a royalty or delayed payment be made later? I am sure Peter Hughes is going throught these possible options, and whilst CDE have suffered a setback. the game isn't over yet IMO. Switching to a broker that could achieve this would probably be a good first step IMO. |
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