Coeur Announces 2012 Summary Highlights, 2013 Production Guidance and New Expansion Initiative at its Rochester Operation

Coeur d'Alene Mines Corporation (NYSE:CDE)(TSX:CDM) produced 3.8
million ounces of silver and 60,775 ounces of gold in the fourth quarter
of 2012 and 18.0 million ounces of silver and an all-time high 226,491
ounces of gold for the full year 2012. On an unaudited basis, Coeur
expects 2012 metal sales to total $890 - $900 million and has provided
other key financial highlights in Table 2 below.

Table 1: Fourth Quarter and 2012 Production

Table 2: Key Unaudited 2012E Financial
Highlights

Fourth Quarter 2012 and Full Year 2012 Production

2012 gold production of 226,491 ounces exceeded Company guidance due to
strong fourth quarter performance from its Rochester silver and gold
operation in Nevada and its Kensington gold mine in Alaska. 2012 silver
production of 18.0 million ounces reflects significant production growth
at Rochester, which was offset by lower grade ore in the second half of
the year at its Palmarejo silver and gold mine in Mexico and its San
Bartolom? silver operation in Bolivia.

During the fourth quarter of 2012, Palmarejo produced 1.6 million ounces
of silver and 19,998 ounces of gold compared with 1.8 million ounces of
silver and 23,702 ounces of gold in the third quarter of 2012.
Underground operations at Palmarejo resumed normal mining rates late in
the fourth quarter from both the 108 and 76 zones according to plan
after experiencing temporary unfavorable ground conditions in the upper
level of the 76 zone during September of 2012. Silver grades from open
pit operations are expected to increase throughout 2013 as mining
transitions to the new phase of the pit.

2013 Guidance

Coeur estimates that it will produce 18.0 - 19.5 million ounces of
silver in 2013 while gold production is expected to increase
significantly in 2013 compared to 2012 to 250,000 - 265,000 ounces due
to higher production levels at the Company's Kensington and Rochester
operations.

2013 cash operating costs¹ after by-product credit (assuming
the current gold price level of approximately $1,650 per ounce), are
expected to be $8.00 - $9.00 per silver ounce. Kensington's 2013 cash
operating costs¹ are expected to decline significantly to
$900 - $950 per gold ounce. Higher silver and gold production and
corresponding lower cash operating costs per ounce of silver and gold
are expected in the second half of 2013 compared to the first half of
the year.

Table 3: 2013 Production Outlook

The Company expects Palmarejo to produce 7.7 - 8.3 million ounces of
silver and 98,000 - 105,000 ounces of gold in 2013, with 30% - 40% of
the estimated full year mill throughput of approximately 2.2 million
tons derived from underground mining and the remainder from the open
pit. Approximately 60% of the underground ore tons mined are expected to
come from the 76 Clavo zone, including the lower area, which has been
expanded at depth from definition drilling completed in 2012, and the
remainder from the 108 Clavo zone.

Rochester Expansion

The Company plans a significant expansion of its Rochester operation in
2013. As a result, silver production at Rochester is expected to
increase to 4.5 - 4.9 million ounces in 2013 compared to 2.8 million
ounces in 2012. 2013 gold production is expected to increase to 44,000 -
46,000 ounces compared to 38,071 ounces in 2012.

The Company estimates 2013 capital expenditures for Rochester to be $30
- $35 million to expand production. The Company is investing
approximately $4 million during 2013 to expand the capacity of the
primary crusher from nine million tons to the currently permitted rate
of 14 million tons annually. In addition, subject to receipt of final
permitting, the Company expects to nearly double the mine's remaining
heap leach capacity on existing pads during 2013 to approximately 67
million tons at an estimated capital cost of approximately $15 million.
This increased capacity is necessary to accommodate higher production
rates of ore coming from historic stockpiles.

The Company also is pursuing an additional estimated $10 million
expansion, which is expected to provide 40 million tons of additional
pad capacity beginning in 2016, to further extend the mine life and
increase production rates from historic stockpiles. Permitting and
engineering work for this additional expansion will continue during 2013.

These planned expansions represent high return investment opportunities
and the Company believes they will not require any resolution to the
existing claims dispute. Following the implementation of the expansion
opportunities described above, the Company plans to pursue other
longer-term expansion opportunities at Rochester that are focused on
mining and processing of the existing mineralized material, which
totaled 251.5 million short tons in measured and indicated resources and
40.5 million short tons in inferred resources as of December 31, 2011².

The Company expects to report audited financial results and complete
operational results for the fourth quarter and full year on or about
Thursday, February 21, 2013.

About Coeur

Coeur d'Alene Mines Corporation is the largest U.S.-based primary silver
producer and a growing gold producer. The Company has four precious
metals mines in the Americas generating strong production, sales and
cash flow in continued robust metals markets. Coeur produces from its
wholly owned operations: the Palmarejo silver-gold mine in Mexico, the
San Bartolom? silver mine in Bolivia, the Rochester silver-gold mine in
Nevada and the Kensington gold mine in Alaska. The Company also owns a
non-operating interest in a low-cost mine in Australia, and conducts
ongoing exploration activities in Mexico, Argentina, Nevada, Alaska and
Bolivia. Additional information can be accessed through the Company's
website at www.coeur.com.

Cautionary Statement

This news release contains forward-looking statements within the meaning
of securities legislation in the United States and Canada, including
statements regarding anticipated Rochester expansion, improvements in
the Palmarejo operations, operating results, production levels and
operating costs. Such forward-looking statements involve known and
unknown risks, uncertainties and other factors which may cause Coeur's
actual results, performance or achievements to be materially different
from any future results, performance or achievements expressed or
implied by the forward-looking statements. Such factors include, among
others, the risk that permits necessary for the planned Rochester
expansion may not be obtained, the risks and hazards inherent in the
mining business (including environmental hazards, industrial accidents,
weather or geologically related conditions), changes in the market
prices of gold and silver, the uncertainties inherent in Coeur's
production, exploratory and developmental activities, including risks
relating to permitting and regulatory delays and disputed mining claims,
ground conditions, grade variability, any future labor disputes or work
stoppages, the uncertainties inherent in the estimation of gold and
silver ore reserves, changes that could result from Coeur's future
acquisition of new mining properties or businesses, reliance on third
parties to operate certain mines where Coeur owns silver production and
reserves, the loss of any third-party smelter to which Coeur markets
silver and gold, the effects of environmental and other governmental
regulations, the risks inherent in the ownership or operation of or
investment in mining properties or businesses in foreign countries,
Coeur's ability to raise additional financing necessary to conduct its
business, make payments or refinance its debt, as well as other
uncertainties and risk factors set out in filings made from time to time
with the United States Securities and Exchange Commission, and the
Canadian securities regulators, including, without limitation, Coeur's
most recent reports on Form 10-K and Form 10-Q. Actual results,
developments and timetables could vary significantly from the estimates
presented. Readers are cautioned not to put undue reliance on
forward-looking statements. Coeur disclaims any intent or obligation to
update publicly such forward-looking statements, whether as a result of
new information, future events or otherwise. Current mineralized
material estimates include disputed and undisputed claims at Rochester.
While the Company believes it holds a superior position in the ongoing
claim dispute, the Company believes an adverse legal outcome would cause
it to modify mineralized material estimates. Additionally, Coeur
undertakes no obligation to comment on analyses, expectations or
statements made by third parties in respect of Coeur, its financial or
operating results or its securities.

Donald J. Birak, Coeur's Senior Vice President of Exploration and a
qualified person under Canadian National Instrument 43-101, supervised
the preparation of the scientific and technical information concerning
Coeur's mineral projects in this news release. For a description of the
key assumptions, parameters and methods used to estimate mineral
reserves and resources, as well as data verification procedures and a
general discussion of the extent to which the estimates may be affected
by any known environmental, permitting, legal, title, taxation,
socio-political, marketing or other relevant factors, please see the
Technical Reports for each of Coeur's properties as filed on SEDAR at www.sedar.com.

Cautionary Note to U.S. Investors-The United States Securities and
Exchange Commission permits U.S. mining companies, in their filings with
the SEC, to disclose only those mineral deposits that a company can
economically and legally extract or produce. We may use certain terms in
public disclosures, such as 'measured,' 'indicated,' 'inferred? and
'resources,' that are recognized by Canadian regulations, but that SEC
guidelines generally prohibit U.S. registered companies from including
in their filings with the SEC. U.S. investors are urged to consider
closely the disclosure in our Form 10-K which may be secured from us, or
from the SEC's website at http://www.sec.gov.

Non-U.S. GAAP Measures

We supplement the reporting of our financial information determined
under United States generally accepted accounting principles (U.S. GAAP)
with certain non-U.S. GAAP financial measures, including cash operating
costs. We believe that these adjusted measures provide meaningful
information to assist management, investors and analysts in
understanding our financial results and assessing our prospects for
future performance. We believe these adjusted financial measures are
important indicators of our recurring operations because they exclude
items that may not be indicative of, or are unrelated to our core
operating results, and provide a better baseline for analyzing trends in
our underlying businesses. We believe cash operating costs is an
important measure in assessing the Company's overall financial
performance.

^{1. Cash operating costs per ounce is a non-GAAP measure. In the
Company's quarerly and year-end reporting, the Company provides a
reconciliation of cash operating costs to production costs, the most
comparable GAAP measure.}

^{2. See detail of measured and indicated resources and inferred
resources in the table in the Appendix.}

APPENDIX

Notes:

Coeur d'Alene Mines Corporation

Wendy Yang, 208-665-0345

Vice
President, Investor Relations

or

Stefany Bales, 208-667-8263

Director,
Corporate Communications