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Coeur d'Alene reports 16% increase in silver reserves, 12% in gold reserves

  • Coeur d'Alene Mines (CDE +7%) reports a significant increase in mineral reserves and resources totaling ~255.4M silver oz. and 2.2M gold oz., representing respective Y/Y increases of 15.9% and 12.3%.
  • The gains are net of the 17M oz. of silver and 262,217 oz. of gold produced during 2013.
  • In addition to these reserves, CDE announces measured and indicated mineral resources totaling 386.3M silver oz. and 2.5M gold ounces, up 26.6% and 1.4% respectively, vs. year-end 2012.
Comments (1)
  • notta lackey
    , contributor
    Comments (131) | Send Message
     
    Actually, with mostly young and long-life mines, CDE may be doing too much exploration. I remember when I owned Hecla. They had only 6 months of reserves, but they had them for 40 years.
    18 Feb 2014, 06:29 PM Reply Like
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