Coeur Provides Update on Ninth Circuit Court of Appeals Ruling

    COEUR D'ALENE, IDAHO, October 30 /CNW/ - Coeur d'Alene Mines Corporation
(NYSE:  CDE) (TSX:CDM) said today that a three-judge panel of the United States
Court of Appeals for the Ninth Circuit has issued a ruling that denies the
Petitions for Rehearing En Banc filed by Coeur Alaska, the State of Alaska and
Goldbelt, Inc. as well the limited Petition for Rehearing filed by the
Department of Justice, representing the U.S. Forest Service and the U.S. Army
Corps of Engineers.

    The same Ninth Circuit three-judge panel had previously ruled on the
legal challenge filed by Southeast Conservation Council, the Sierra Club and
Lynn Canal Conservation challenging the Kensington Section 404 Permit issued
by the U.S. Army Corps of Engineers. The Federal District Court in Alaska had
upheld the permit, and the Plaintiffs appealed that decision to the Ninth
Circuit in August, 2006. The Ninth Circuit three-judge panel reversed the
District Court on May 22, 2007. The Department of Justice, representing the
U.S. Forest Service and the U.S. Army Corps of Engineers, as well as Coeur
Alaska, the State of Alaska and Goldbelt, a native corporation, all asked the
Ninth Circuit Court to reconsider the prior May 22 decision. Today's order
denies the reconsideration by this Court.

    The Company is continuing its discussions with the Plaintiffs to explore
options for the Kensington Mine to begin production as well as reviewing a
possible appeal to the Supreme Court of the United States.

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

    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.

For further information:

For further information: Coeur d'Alene Mines Corporation Tony Ebersole

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