Coeur Adjourns Special Meeting of Shareholders to Friday, December 7, 2007

    COEUR D'ALENE, IDAHO, December 3 /CNW/ - Coeur d'Alene Mines Corporation
(NYSE:   CDE)(TSX: CDM) today announced that it has adjourned its Special
Meeting of shareholders to vote on the amendment of its charter and the
issuance of its shares in connection with its proposed acquisition of Bolnisi
Gold NL (ASX: BSG) and Palmarejo Silver and Gold Corporation (TSX-V: PJO) to
Friday, December 7, 2007 at 4:00 p.m. local time. Coeur has received
overwhelming support for the proposals related to the acquisition with in
excess of 91% of the votes submitted having voted in favor. Proxies are
continuing to be received and votes representing an additional 1.7% of the
outstanding shares are needed to enable the matters to be put to a vote at the
meeting. The adjournment will allow Coeur to receive the necessary additional

    The Company noted that three leading proxy advisory firms --
Institutional Shareholder Services, Glass Lewis and PROXY Governance --
recommended that Coeur shareholders vote "FOR" the proposed acquisitions.

    The meeting location has not been changed and will take place at The
Coeur d'Alene Resort and Conference Center, Second Street and Front Avenue,
Coeur d'Alene, Idaho. The record date for shareholders entitled to vote at the
meeting remains October 19, 2007.

    Shareholders who have questions about the merger or need assistance in
submitting their proxy or voting their shares should call toll-free at (800)
901-0068 or (collect) at (212) 269-5550.

    About Coeur

    Coeur d'Alene Mines Corporation is one of the world's leading primary
silver producers and a growing gold producer. The company has mining interests
in Alaska, Argentina, Australia, Bolivia, Chile, Nevada, and Tanzania.

    Cautionary Statement This press release contains forward-looking
statements within the meaning of securities legislation in the United States
and Canada, including statements regarding the terms and conditions of the
proposed transaction and anticipated operating results. Such statements are
subject to numerous assumptions and uncertainties, many of which are outside
the control of Coeur, Bolnisi or Palmarejo, as the case may be. Operating,
exploration and financial data, and other statements in this press release are
based on information that Coeur, Bolnisi or Palmarejo, as the case may be,
believes is reasonable, but involve significant uncertainties affecting the
business of Coeur, Bolnisi or Palmarejo, as the case may be, including, but
not limited to, future gold and silver prices, costs, ore grades, estimation
of gold and silver reserves, mining and processing conditions, construction
schedules, currency exchange rates, and the completion and/or updating of
mining feasibility studies, changes that could result from future acquisitions
of new mining properties or businesses, the risks and hazards inherent in the
mining business (including environmental hazards, industrial accidents,
weather or geologically related conditions), regulatory and permitting
matters, risks inherent in the ownership and operation of, or investment in,
mining properties or businesses in foreign countries, as well as other
uncertainties and risk factors set out in filings made from time to time with
the SEC and the Ontario Securities Commission, including, without limitation,
Coeur's reports on Form 10-K and Form 10-Q and Palmarejo's Annual Information
Form. Additionally, there are risks that the parties will not proceed with the
proposed transaction, that the ultimate terms of the proposed transaction will
differ from those that currently are contemplated, and that the proposed
transaction will be not be successfully completed for any reason (including
the failure to obtain the required approvals or clearances from regulatory
authorities). 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, Bolnisi and Palmarejo
disclaim any intent or obligation to update publicly such forward-looking
statements, whether as a result of new information, future events or
otherwise. Additionally, Coeur, Bolnisi and Palmarejo undertake no obligation
to comment on analyses, expectations or statements made by third parties in
respect of Coeur, Bolnisi and Palmarejo, their financial or operating results
or their securities or the proposed transaction.

    Additional Information

    The definitive proxy statement that Coeur has filed with the United
States Securities and Exchange Commission ("SEC") and Canadian securities
regulators and mailed to its shareholders contains information about Coeur,
Bolnisi, Palmarejo, the Palmarejo Project, the proposed transaction and
related matters. Shareholders are urged to read the definitive proxy statement
carefully, as it contains important information that shareholders should
consider before making a decision about the proposed transaction. In addition
to receiving the definitive proxy statement from Coeur by mail, shareholders
may also obtain the definitive proxy statement, as well as other filings
containing information about Coeur, without charge, from the SEC's website
( and the Canadian securities regulators' website (
or, without charge, from Coeur. Coeur and its executive officers and directors
may be deemed to be participants in the solicitation of proxies from Coeur's
shareholders with respect to the proposed transaction. Information regarding
any interests that Coeur's executive officers and directors may have in the
proposed transaction is set forth in the definitive proxy statement. The Coeur
shares to be issued in the proposed transaction have not been and will not be
registered under the Securities Act of 1933, as amended, and may not be
offered or sold in the United States absent registration or an applicable
exemption from registration requirements. Coeur intends to issue such Coeur
shares pursuant to the exemption from registration set forth in Section
3(a)(10) of the Securities Act.

For further information:

For further information: Coeur d'Alene Mines Corporation Director -
Investor Relations Tony Ebersole, 208-665-0777 or Senior Vice President -
Corporate Development Mitchell J. Krebs, 888-545-1138

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