Coeur Names Don Gray Vice President and General Manager of Cerro Bayo Mine

    COEUR D'ALENE, IDAHO, October 26 /CNW/ - Coeur d'Alene Mines Corporation
(NYSE:  CDE) (TSX:CDM) today announced the appointment of Donald Gray as Vice
President and General Manager of Compania Minera Cerro Bayo, Coeur's wholly
owned subsidiary that owns and operates the Cerro Bayo Mine in southern Chile.

    Don joins Coeur with more than 27 years of operational and developmental
mining experience, most recently as Vice President and General Manager of
Minera Hecla Venezolana, in Venezuela. He is a graduate of the University of
Idaho in mining engineering and also holds a masters degree in civil
engineering from the Massachusetts Institute of Technology. Don has also
worked for Newmont Mining, Exxon and Climax Molybdenum.

    In addition to its ongoing silver and gold production, Cerro Bayo has a
$4.8 million exploration program underway in 2007, which already through the
first half of the year increased silver mineral reserves by 51% over year-end
2006 levels.

    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: Company press releases may contain numerous
forward-looking statements within the meaning of securities legislation in the
United States and Canada relating to the company's silver and gold mining
business. Such statements are subject to numerous assumptions and
uncertainties, many of which are outside the company's control. Operating,
exploration and financial data, and other statements in this document are
based on information the company believes reasonable, but involve significant
uncertainties as 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 the
company's future acquisition 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 the company's filings from
time to time with the SEC and the Ontario Securities Commission, including,
without limitation, the company's reports on Form 10-K and Form 10-Q. Actual
results and timetables could vary significantly from the estimates presented.
Readers are cautioned not to put undue reliance on forward-looking statements.
The company disclaims any intent or obligation to update publicly such
forward-looking statements, whether as a result of new information, future
events or otherwise. Donald J. Birak, Coeur's Senior Vice President of
Exploration, is the qualified person responsible for the preparation of the
scientific and technical information in this document. Mr. Birak has reviewed
the available data and procedures and believes the collection of exploration
data and calculation of mineral reserves reported in this document was
conducted in a professional and competent manner. For a description of the key
assumptions, parameters and methods used to estimate mineral reserves and
resources, as well as 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 project as filed on SEDAR at

For further information:

For further information: Coeur d'Alene Mines Corporation Director of
Investor Relations Tony Ebersole, 208-665-0777

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