Coeur Receives Socially Responsible Business Distinction Award in Mexico
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Coeur d′Alene Mines Corporation ('Coeur?) (NYSE: CDE) (TSX: CDM)
announced that its Mexican subsidiary Coeur Mexicana was recognized with
the Socially Responsible Business Distinction Award for 2012
('Distintivo Empresa Socialmente Responsable 2012') for its Palmarejo
silver-gold mine operation in Chihuahua, Mexico.
Coeur Mexicana received this national award for the fifth consecutive
year in recognition of its demonstrated leadership excellence in
corporate social responsibility, environmental stewardship and
sustainability in Mexico. The award also recognized the way Coeur
Mexicana personnel conduct business in Mexico and the positive working
environment Coeur Mexicana creates for employees and contractors.
'We are honored that the Mexican Centre for Philanthropy has once again
recognized Coeur for its dedication to corporate social responsibility
in Mexico,? said Mitchell J. Krebs, Coeur′s President and Chief
Executive Officer. 'We are solidly committed to conducting all of our
operations in a socially and environmentally responsible manner that
respects our workers, the environment and our host communities.?
Each year the Mexican Centre for Philanthropy ('Centro Mexicano para la
Filantropia') recognizes companies that have demonstrated responsible
corporate ethics and governance practices as well as a dedication to
improving the social and environmental landscapes in which they operate.
The Palmarejo mine, located in the state of Chihuahua in northern
Mexico, is a silver and gold mine commissioned in 2009. Mining at
Palmarejo is conducted both underground and on the surface. Coeur′s
operations in Mexico employ over 880 people.
About Coeur
Coeur d′Alene Mines Corporation is the largest U.S.-based primary silver
producer and a growing gold producer. Coeur 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. Coeur also owns a non-operating interest
in a mine in Australia, and conducts ongoing exploration activities in
Mexico, Argentina, Nevada, Alaska and Bolivia. In addition, Coeur owns
strategic investment positions in eight silver and gold development
companies with projects in North and South America.
Coeur d′Alene Mines Corporation
Wendy Yang, Vice President,
Investor Relations
(208) 665-0345
or
Stefany Bales,
Director, Corporate Communications
(208) 667-8263
www.coeur.com