Coeur d'Alene Mines (CDE +1.2%) purchases the 49% of the Joaquin silver-gold project in...

|About: Coeur Mining, Inc. (CDE)|By:, SA News Editor

Coeur d'Alene Mines (CDE +1.2%) purchases the 49% of the Joaquin silver-gold project in Argentina it doesn't already own from Mirasol Resources (MRZLF.PK) for $60M in cash and stock. CDE believes Joaquin has "substantial exploration upside and the potential to become a significant silver producer for the company."