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Coeur d'Alene (CDE -0.9%) says it will evaluate strategic options for its Martha silver and gold...

Coeur d'Alene (CDE -0.9%) says it will evaluate strategic options for its Martha silver and gold mine in Argentina due to high operating costs, and will recognize a Q2 charge which "may result in future cash expenditures and may be significant to the company's quarterly and annual results." The mine produced 1.6M oz. of silver, or ~10% of CDE's total silver output, in 2010.
Comments (2)
  • Might want to get out as quickly as possible before Argentina decides to nationalize it's mines.
    25 Jun 2012, 12:59 PM Reply Like
  • how do you factor in the cost of a government that steals private property
    25 Jun 2012, 01:30 PM Reply Like
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