Seeking Alpha

Coeur Mining to complete development of Guadalupe underground mine

  • Coeur Mining (CDE) says it plans to complete development of the Guadalupe underground mine at its Palmarejo operation in Mexico and expects initial production to begin during Q1 of 2015.
  • CDE says the new development and production plan supports its strategy to transition the mine to a higher-margin, longer-life, underground-only operation.
  • Production at Guadalupe is expected to average 1,300 tons/day in 2015 and 1,500 tons/day in 2016-18.
  • CDE also announces entry into a new gold streaming agreement with Franco-Nevada (FNV).
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs