Articles for tag: CoeurmetricsminingoperatingriseRochestersharesstrong

September 15, 2024

Ron Finklestien

mining

An Uphill Climb: Coeur Mining Gains Ground with Strong Operating Metrics at Rochester

As the sun rises on Coeur Mining’s horizon, the company is making steady strides towards its operational targets at the Rochester mine. The goal is ambitious – to churn out 7 to 8 million tonnes per quarter by the second half of 2024, alongside hitting a production mark of 4.8 to 6.6 million oz. of silver and 37,000 to 50,000 oz. of gold for the full year. This triumph has not gone unnoticed in the markets. Coeur Mining’s shares surged by a noteworthy 15.47% by 12:14 a.m. EDT, painting a rosy picture for investors in the company with a market

February 27, 2024

Ron Finklestien

mining

Investors Rally Behind Coeur’s $25 Million Funding Initiative for Canadian Venture

The Silvertip Project Revival The Silvertip mine and mill in B.C. have been on care and maintenance since 2020. Credit: Coeur Mining Coeur Mining (NYSE: CDE) is embarking on an initiative to offer approximately 7.7 million flow-through shares, aiming to secure C$34 million ($25m). This capital injection will be channeled towards propelling exploration activities at its Silvertip silver-zinc-lead property, nestled in the heart of British Columbia, a mere 16 km south of the Yukon border. The strategic acquisition of the Silvertip mine and mill in 2017 was indeed a pivotal move by Coeur. However, operations at the site came to