Coeur Reports Second Quarter 2007 Results and Reserve Increases



    Bolnisi and Palmarejo transactions on track for fourth quarter close

    Substantial construction progress at San Bartolome with new safety
milestones

    New veins discovered at the Cerro Bayo and Martha mines

    -- HIGHLIGHTS --

    --  Quarterly net income of $11.9 million, or $0.04 per diluted share

    --  Cash provided by operations of $11.5 million during second quarter

    --  3.0 million ounces of total consolidated quarterly silver production

    --  25,453 ounces of gold production during second quarter

    --  Record budgeted exploration program discovers new veins, expands
silver mineral reserves by 64% at Cerro Bayo and 49% at Martha

    --  San Bartolome construction progresses toward February 2008 startup,
as workers surpass one million man-hours milestone without a lost time
accident

    --  Acquisitions of Bolnisi Gold NL and Palmarejo Silver and Gold
Corporation, expected to nearly double company production levels and
resources, on-track for fourth quarter closing

    --  $272.5 million cash and short-term investments at June 30, 2007

    COEUR D'ALENE, IDAHO, August 8 /CNW/ - Coeur d'Alene Mines Corporation
(NYSE:  CDE) (TSX:CDM) today reported quarterly net income of $11.9 million, or
$0.04 per diluted share, for the second quarter of 2007, compared to net
income of $32.6 million, or $0.11 per diluted share for the second quarter of
2006. The second quarter of 2006 included the one-time gain of $11.2 million
from the Company's sale of its Coeur Silver Valley (CSV) property, and income
of $1.4 million from CSV operations.

    The Company also reported mid-year results from its 2007 exploration
program, which resulted in significantly expanded mineral reserves levels at
its Cerro Bayo and Martha mines, where several new veins were discovered.
These increases, coupled with the previously announced increase to mineral
reserves and resources at the Company's large San Bartolome silver project
demonstrate the significant growth potential of Coeur's South American
properties.

    For the first six months of 2007, the Company reported net income of
$25.9 million, or $0.09 per diluted share, compared to net income of $47.0
million, or $0.16 per share, for the same period in 2006. Excluding the
one-time gain mentioned above and $2.0 million of income from discontinued
operations, the Company's net income for the first six months of 2006 was
$33.9 million, or $0.12 per diluted share.

    Metal sales from continuing operations for the first six months of 2007
were $102.5 million, compared to $98.9 million in the year-ago period. Metal
sales from continuing operations in the second quarter of 2007 were $51.7
million compared to $54.0 million in the year-ago quarter.

    In commenting on the Company's performance, Dennis E. Wheeler, Chairman,
President and Chief Executive Officer, said, "We are pleased with the
performance of our operating properties in the second quarter as the
operational results were consistent overall with the second quarter of 2006.
Operating cash flow for the second quarter was $11.5 million while metals
prices for both silver and gold remain strong and at levels that enable the
Company to generate healthy earnings and cash flows."

    "We are also very pleased to report significant reserve increases at both
Cerro Bayo and Martha yielding from Coeur's strategic decision to invest a
record $15.7 million in exploration this year," Mr. Wheeler continued. "This
increased investment in exploration confirms a meaningful evolution in the
entire Coeur Chilean and Argentinean exploration programs, building on years
of geological information about new targets that are leading to discoveries.
As this aggressive program continues, we are confident of achieving additional
gains in mineral reserves to further extend the mine lives of these two
important young mines, with a focus on finding new ore deposits to develop
into new mines. The exploration success seen at Martha will have direct
benefit to the standalone mill facility currently under construction and which
is expected to be completed by the end of the year," Wheeler added.

    Bolnisi Gold and Palmarejo Silver and Gold Transaction

    "Finally, the next step in Coeur's global growth continued to move
forward with progress with the acquisitions of Bolnisi Gold NL and Palmarejo
Silver and Gold Corporation, which are expected to close in the fourth
quarter. We believe this transaction will establish Coeur as the clear leader
in the silver mining industry with the addition of the world-class Palmarejo
silver and gold project located in northern Mexico. This transaction, combined
with the Company's internal growth initiatives, represents an aggressive
growth strategy designed to generate value for shareholders by dramatically
increasing production and resources, decreasing companywide cash costs, and
introducing long-life assets to Coeur's portfolio," Wheeler concluded.

    During the second quarter, Coeur, Bolnisi Gold NL, and Palmarejo Silver
and Gold Corporation announced that Coeur has completed its due diligence
under the terms of the Merger Implementation Agreement with Bolnisi and that
the companies expect to complete the transaction in the fourth quarter of
2007.

    A Project Development Committee was formed, including Coeur personnel
Stuart Mathews as Interim General Manager, Mark Moseley Williams as Interim
Project Manager, and Ed Galindo as Interim Construction Manager.

    While the initial focus will be to develop the Rosario deposit at
Palmarejo using open pit mining methods, the Project Development Committee
will also focus on a combined open-pit and underground mine development
scenario.

    Exploration and Reserve Increases

    During the second quarter, Coeur's record $15.7 million 2007 exploration
program made significant progress on all fronts, with expanded reserve levels
at both Cerro Bayo and Martha. The reserve expansion represents further
development and confirmation of the multi-year exploration programs in Chile
and Argentina, which have led to new productive discoveries and resources.

    --  Cerro Bayo contained proven and probable mineral reserves increased
to 9.3 million contained silver ounces and 157,000 gold ounces at mid-year.
Taking into account first half 2007 mine production, this represents a 64%
increase in silver ounces and 46% increase in gold ounces from year-end 2006
reserve levels. In the expanded exploration program, three new vein systems,
Dagny, Fabiola, and Coyita, were identified during the second quarter. These
veins occur less than one kilometer east of the Cerro Bayo mill facility. At
quarter's end, a total of five holes were completed on Dagny, all of which
encountered ore-grade silver and gold. Further drilling is continuing in the
area, with anticipated potential for other new vein discoveries.

    --  At the high-grade Martha mine, where the Company is constructing a
new mill facility, contained proven and probable mineral reserves increased to
7.6 million contained silver ounces and 10,500 gold ounces at mid-year. Taking
account of first half 2007 mine production, this represents a 49% increase in
silver ounces and a 43% increase in gold ounces relative to year-end 2006
levels. The focus of this year's drilling has been on the existing R4 and Del
Medio systems, which includes the Francisca and Catalina vein systems, as well
as drilling on new vein targets.

    --  At the Rochester mine, which has produced over 119 million silver
ounces for Coeur since inception in 1986, the Company commenced a new
exploration effort. This program is designed to identify all opportunities for
new ore that may be conducive for processing in the current crushing and
leaching facilities and to test new targets for their potential to host
high-grade silver and gold deposits. Commencing in June, this work has already
identified targets for drill testing later this year.

    2Q Production Highlights by Individual Property

    --  Rochester (Nevada) - Silver production was slightly higher than the
previous year's second quarter, with a resulting decrease in cash costs to
$2.54 per ounce, compared to $2.61 per ounce in the year-earlier period. Cash
costs per ounce declined 48% from the first quarter of this year, which is a
trend the Company expects to continue during the second half of the year. Gold
production was lower in the recent quarter compared to a year ago, as
anticipated in the heap model.

    --  Cerro Bayo (Chile) - Silver production was significantly lower and
gold production was higher as compared to the second quarter of 2006. Silver
production was down as a consequence of conditions experienced during the
Company's transition into wider mineralized zones which are more amenable to
mechanized mining methods: a process that commenced late in the second quarter
of 2007. Both silver and gold production levels are expected to increase for
the remainder of the year, with lowering cash costs.

    --  Martha (Argentina) - Silver and gold production were above the levels
of the year-ago quarter - and sharply above the levels of the first quarter of
2007 - due to the mining of higher grade ores and an increase in tons mined.
Silver and gold production was up nearly 30% both from the previous quarter
and from the second quarter last year. Silver cash costs were just $0.04 per
ounce higher in the recent quarter from the year-ago period, due to higher
labor costs and taxes, including increased royalties resulting from higher
realized metals prices in the second quarter of 2007 compared to the first
quarter of 2006.

    Construction continued on the new $13.9 million mill facility which is
expected to be operational by the end of the year. The mill will support the
company's ongoing success in expanding the reserve and resource base at
Martha.

    --  Endeavor (Australia) -- Silver production increased by 54% from the
second quarter of last year, with cash costs modestly higher at $2.91 per
ounce due to higher smelting and refining charges. The mine continues to show
production improvement since last fall. Production levels are expected to
continue to show improvement as mine development accelerates into the fourth
quarter of 2007, with the expectation of sustaining those levels.

    --  Broken Hill (Australia) - Silver production was 476,494 ounces, which
was 57% higher than the first quarter 2007, with cash costs of $3.20 per
ounce, which was consistent with this year's first quarter period.

    The Company said it expects full year 2007 production from existing
operations of approximately 12 million ounces of silver. The Company expects
to produce 121,000 ounces of gold, which gives effect to the startup of the
Kensington project subsequent to 2007. Average cash operating cost are
expected to be $2.39 per ounce of silver.

    Balance Sheet and Capital Investment Highlights

    The Company had $272.5 million in cash and short term investments as of
June 30, 2007. Capital expenditures during the second quarter of 2007 totaled
$57.7 million, most of which was spent on the Kensington (Alaska) gold project
and the San Bartolome (Bolivia) silver project. The Company has sufficient
liquidity to complete the San Bartolome, Kensington and Palmarejo projects.

    Update on San Bartolome (Bolivia) Silver Project

    Construction continues on schedule and on budget at San Bartolome. The
more than 950 construction workers on the project have surpassed a total of
1.3 million man-hours without a lost time accident. Commercial production is
expected to commence in February 2008, with approximately 9 million ounces
forecast to be produced during the first full year of production, after the
plant is fully commissioned.

    During the first six months of 2007, construction work activity has
increased in all project areas including the process plant and tailings
facility. Current work includes concrete foundation work in the crusher,
stockpile and mill areas, tank installation in the leach and Counter Current
Decantation thickener areas and continued work at the tailings facility. All
major contracts for the project have been awarded. During the six months ended
June 30, 2007, Coeur spent approximately $27.7 million on San Bartolome and
plans to incur additional engineering, procurement and construction costs of
approximately $120.7 million in 2007.

    The Company is pleased to report that Mike Clarke joined Coeur South
America as Vice President of Special Projects in July. Mr. Clarke has over 33
years of operating experience in the mining industry, including mining
projects in the U.S., Canada, Mexico, Peru, Cuba, and Chile and most recently
in Bolivia. Clarke will initially be responsible for the startup and
commissioning of San Bartolome.

    Update on Kensington (Alaska) Gold Project

    At Kensington, capital expenditures in the first six months of 2007
totaled $58.6 million. On July 10, workers achieved breakthrough and completed
the nearly two-and-a-half mile tunnel between the Kensington and the Jualin
property, where the mill and processing facilities are located. Contractors
from Kake Tribal/Redpath Native Corporation joint venture, along with Coeur
Alaska, completed the final 6,800 feet of tunneling over the past year. In
addition, the processing facility and mill are expected to be completed during
August. The Company is continuing to review its options, including engaging in
discussions with the plaintiffs, to resolve the Kensington litigation to
enable the mine to proceed to production.

    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, and Nevada.

    Conference Call Information

    Coeur d'Alene Mines Corporation will hold a conference call to discuss
the Company's second quarter 2007 results at 1 p.m. Eastern time on August 8,
2007. To listen live via telephone, call 866-853-4681 (US and Canada) or
660-422-4718 (International). The conference ID number is 11745658. The
conference call and presentation will also be web cast on the Company's web
site www.coeur.com. A replay of the call will be available through August 15,
2007. The replay dial-in numbers are 800-642-1687 (US and Canada) and
706-645-9291 (International) and the access code is 11745658.

    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 concerning Coeur's mineral reserve information in this
document. For a description of the key assumptions, parameters and methods
used to estimate mineral reserves, 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 www.sedar.com.

    Additional Information

    The proxy statement that Coeur plans to file with the United States
Securities and Exchange Commission ("SEC") and Ontario Securities Commission
and mail to its shareholders will contain information about Coeur, Bolnisi,
Palmarejo, the Palmarejo Project, the transaction and related matters.
Shareholders are urged to read the proxy statement carefully when it is
available, as it will contain important information that shareholders should
consider before making a decision about the transaction. In addition to
receiving the proxy statement from Coeur by mail, shareholders will also be
able to obtain the proxy statement, as well as other filings containing
information about Coeur, without charge, from the SEC's website (www.sec.gov)
and the Canadian securities regulators' website (www.sedar.com) or, without
charge, from Coeur. This announcement is neither a solicitation of a proxy, an
offer to purchase, nor a solicitation of an offer to sell shares of 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 transaction will be
set forth in the proxy statement. The Coeur shares to be issued in the
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.

    Copies of the merger implementation agreements and certain related
documents will be filed with the SEC and Canadian securities regulators and
will be available at the SEC's website at www.sec.gov and at the Canadian
securities regulators' website at www.sedar.com.

    
    Proven Mineral Reserves (June 30, 2007)
    ----------------------------------------------------------------
                                           Grade
                              Short     (ounces/ton)  Ounces (000s)
                               Tons   ------------------------------
       Property    Location    (000s)  Silver   Gold  Silver  Gold
    ----------------------------------------------------------------

    Cerro Bayo       Chile       598.5     8.38  0.139  5,017   83.0
    Martha         Argentina      33.6    78.70  0.116  2,646    3.9

    ----------------------------------------------------------------
    Probable Mineral Reserves (June 30, 2007)
    ----------------------------------------------------------------
                                           Grade
                              Short     (ounces/ton)  Ounces (000s)
                               Tons   ------------------------------
       Property    Location   (000's)  Silver   Gold  Silver  Gold
    ----------------------------------------------------------------

    Cerro Bayo       Chile       552.3     7.74  0.134  4,275   74.0
    Martha         Argentina      80.1    61.52  0.082  4,930    6.6
    

    Mineral Reserves correspond to Ore Reserves per US SEC classification.
Metal prices used to determine ore reserves were $10.00/oz. Ag and $550/oz Au.

    Cut-off grades: Cerro Bayo; variable between 4.46 and 5.26 grams/tonne Au
equivalent, Martha; variable between 900 and 1,200 grams/tonne Ag equivalent.
For an explanation of the determination of cut-off grades, please refer to
Coeur's Technical Reports on www.sedar.com.

    January through June, 2007 mine production: Cerro Bayo; 157,500 tons
grading 4.82 oz/ton Ag and 0.133 oz/ton Au. Martha; 17,900 tons grading 84.77
oz/ton Ag and 0.115 oz/ton Au.

    
    Proven Mineral Reserves (December 31, 2006)
    -----------------------------------------------------------------
                                           Grade
                              Short     (ounces/ton)   Ounces (000s)
                               Tons   -------------------------------
       Property    Location    (000s)  Silver   Gold  Silver   Gold
    -----------------------------------------------------------------

    Cerro Bayo       Chile         375   10.41    0.20  3,902      75
    Martha         Argentina        33   64.05    0.10  2,118       3

    -----------------------------------------------------------------
    Probable Mineral Reserves (December 31, 2006)
    -----------------------------------------------------------------
                                           Grade
                              Short     (ounces/ton)   Ounces (000s)
                               Tons   -------------------------------
       Property    Location   (000's)  Silver   Gold  Silver   Gold
    -----------------------------------------------------------------

    Cerro Bayo       Chile         259    8.66    0.18  2,242      47
    Martha         Argentina        66   59.97    0.08  3,966       6
    

    Metal prices used to determine ore reserves were $8.00/oz Ag and
$475.00/oz Au at Cerro Bayo and Martha.

    
               COEUR D'ALENE MINES CORPORATION AND SUBSIDIARIES
                  CONSOLIDATED STATEMENTS OF OPERATIONS AND
                             COMPREHENSIVE INCOME
                                 (Unaudited)
                                         Three Months       Six Months
                                        Ended June 30,    Ended June 30,
                                        2007     2006     2007     2006
                                      ------------------------------------
    REVENUES                          (In thousands except per share data)

    Sales of metal                    $ 51,664 $ 54,041 $102,524 $ 98,895

    COSTS AND EXPENSES
    Production costs applicable to
     sales                              26,740   21,587   47,760   41,687
    Depreciation and depletion           5,753    6,989   12,774   13,307
    Administrative and general           5,710    4,528   11,884    9,618
    Exploration                          2,549    1,934    5,430    3,901
    Litigation settlement                    -      469      507      469
                                      ------------------------------------

      Total cost and expenses           40,752   35,507   78,355   68,982
                                      ------------------------------------

    OTHER INCOME AND EXPENSE
    Interest and other income            4,316    4,794    8,866    7,314
    Interest expense, net of
     capitalized interest                 ( 83)    (367)    (170)    (888)
                                      ------------------------------------
      Total other income and expense     4,233    4,427    8,696    6,426
                                      ------------------------------------

    Income from continuing operations
     before income taxes                15,145   22,961   32,865   36,339
    Income tax provision                (3,227)  (2,829)  (6,928)  (2,481)
                                      ------------------------------------

    INCOME FROM CONTINUING OPERATIONS   11,918   20,132   25,937   33,858
    Income from discontinued
     operations, net of income taxes         -    1,357        -    1,968
    Gain on sale of net assets of
     discontinued operations                 -   11,159        -   11,159
                                      ------------------------------------

    NET INCOME                          11,918   32,648   25,937   46,985
    Other comprehensive income             688    1,736      516    1,740
                                      ------------------------------------

    COMPREHENSIVE INCOME              $ 12,606 $ 34,384 $ 26,453 $ 48,725
                                      ------------------------------------

    BASIC AND DILUTED INCOME (LOSS)
     PER SHARE
    Basic income per share:
    Income from continuing operations $   0.04 $   0.07 $   0.09 $   0.13
    Income from discontinued
     operations                              -     0.05        -     0.05
                                      ------------------------------------
    Net income                        $   0.04 $   0.12 $   0.09 $   0.18
                                      ------------------------------------

    Diluted income per share:
    Income from continuing operations $   0.04 $   0.07 $   0.09 $   0.12
    Income from discontinued
     operations                              -     0.04        -     0.04
                                      ------------------------------------
    Net income                        $   0.04 $   0.11 $   0.09 $   0.16
                                      ------------------------------------

    Weighted average number of shares
     of common stock
       Basic                           277,763  277,474  277,720  265,049
       Diluted                         302,240  302,188  302,205  289,832
    

    Operating Statistics From Continuing Operations

    The following table presents information by mine and consolidated sales
information for the three- and six-month periods ended June 30, 2007 and 2006:

    
                           Three Months Ended June Six Months Ended June
                                     30,                     30,
                              2007        2006        2007        2006
                           ----------- ----------- ----------- -----------
    Rochester
      Tons processed        2,065,481   2,737,547   4,148,753   5,269,447
      Ore grade/Ag oz            0.59        0.76        0.67        0.72
      Ore grade/Au oz            .006        .009        .007        .011
      Recovery/Ag oz (A)        100.7%       55.5%       86.2%       60.9%
      Recovery/Au oz (A)        117.7%       75.1%      103.6%       58.3%
      Silver production
       ounces               1,227,233   1,153,295   2,410,029   2,301,658
      Gold production
       ounces                  14,146      18,265      28,435      34,382
      Cash cost/oz         $     2.54  $     2.61  $     3.71  $     3.46
      Total cost/oz        $     5.21  $     5.80  $     6.96  $     6.70
    Cerro Bayo
      Tons milled              99,095     115,361     157,545     215,636
      Ore grade/Ag oz            3.92        7.20        4.82        6.43
      Ore grade/Au oz            .110        .094        .133        .094
      Recovery/Ag oz             95.1%       95.1%       95.0%       94.2%
      Recovery/Au oz             93.4%       92.1%       93.7%       92.1%
      Silver production
       ounces                 369,500     789,746     721,448   1,305,568
      Gold production
       ounces                  10,218       9,935      19,646      18,729
      Cash cost/oz         $     7.16  $     1.82  $     4.26  $     2.47
      Total cost/oz        $    10.91  $     3.77  $     8.07  $     4.63
    Martha Mine
      Tons milled               9,663       6,817      17,864      15,666
      Ore grade/Ag oz           89.12       97.79       84.77       79.75
      Ore grade/Au oz            .122        .134        .115        .105
      Recovery/Ag oz             93.9%       95.0%       94.6%       94.2%
      Recovery/Au oz             92.5%       91.8%       93.3%       92.0%
      Silver production
       ounces                 809,026     633,014   1,432,124   1,176,500
      Gold production
       ounces                   1,089         839       1,924       1,509
      Cash cost/oz         $     5.18  $     5.14  $     5.59  $     5.04
      Total cost/oz        $     5.57  $     5.61  $     6.00  $     5.50
    Endeavor
      Tons milled             251,785     118,775     537,865     221,778
      Ore grade/Ag oz            1.03        1.11        0.96        1.20
      Recovery/Ag oz             48.2%       61.3%       55.1%       62.1%
      Silver production
       ounces                 124,441      80,890     284,718     165,170
      Cash cost/oz         $     2.91  $     2.79  $     3.06  $     2.45
      Total cost/oz        $     3.89  $     4.09  $     4.04  $     3.75
    Broken Hill
      Tons milled             447,771     525,888     749,388   1,106,911
      Ore grade/Ag oz            1.28        1.32        1.22        1.35
      Recovery/Ag oz             83.2%       75.8%       85.0%       72.2%
      Silver production
       ounces                 476,494     528,041     779,342   1,085,353
      Cash cost/oz         $     3.20  $     3.27  $     3.19  $     3.07
      Total cost/oz        $     5.16  $     6.02  $     5.15  $     5.82
    CONSOLIDATED
     PRODUCTION TOTALS
      Silver ounces         3,006,694   3,184,986   5,627,661   6,034,249
      Gold ounces              25,453      29,039      50,005      54,620
      Cash cost per
       oz/silver           $     3.93  $     3.03  $     4.15  $     3.46
      Total cost/oz        $     5.94  $     5.25  $     6.45  $     5.78
    CONSOLIDATED SALES
     TOTALS
      Silver ounces sold    2,805,479   3,249,854   5,481,913   6,127,744
      Gold ounces sold         25,520      29,157      50,152      54,891
      Realized price per
       silver ounce        $    13.47  $    13.10  $    13.60  $    11.82
      Realized price per
       gold ounce          $      665  $      649  $      655  $      620

    (A) The leach cycle at Rochester requires an extended period to
     recover gold and silver contained in the ore.  The Company estimates
     the ultimate recovery to be approximately 61.5% for silver and 93%
     for gold.  However, ultimate recoveries will not be known until
     leaching operations cease which is currently estimated for 2011.
     Current recovery may vary significantly from ultimate recovery.
    

    Operating Statistics From Discontinued Operation

    The following table presents information for Coeur Silver Valley which
was sold on June 1, 2006:

    
                                   Three Months Ended   Six Months Ended
                                         June 30,            June 30,
                                      2007      2006     2007      2006
                                   ------------------- -------------------
    Silver Valley/Galena
      Tons milled                           -   20,224         -    52,876
      Ore grade/Silver oz                   -    13.92         -     15.15
      Recovery/Silver oz                    -    95.6%         -     96.0%
      Silver production ounces              -  269,027         -   768,674
      Cash cost/oz                          -   $10.72         -     $9.75
      Total cost/oz                         -   $11.04         -    $10.64
      Gold production                       -       58         -       180
    

    "Cash Costs per Ounce" are calculated by dividing the cash costs computed
for each of the Company's mining properties for a specified period by the
amount of gold ounces or silver ounces produced by that property during that
same period. Management uses cash costs per ounce as a key indicator of the
profitability of each of its mining properties. Gold and silver are sold and
priced in the world financial markets on a US dollar per ounce basis.

    "Cash Costs" are costs directly related to the physical activities of
producing silver and gold, and include mining, processing and other plant
costs, third-party refining and smelting costs, marketing expense, on-site
general and administrative costs, royalties, in-mine drilling expenditures
that are related to production and other direct costs. Sales of by-product
metals are deducted from the above in computing cash costs. Cash costs exclude
depreciation, depletion and amortization, corporate general and administrative
expense, exploration, interest, and pre-feasibility costs and accruals for
mine reclamation. Cash costs are calculated and presented using the "Gold
Institute Production Cost Standard" applied consistently for all periods
presented.

    Total cash costs per ounce is a non-GAAP measurement and investors are
cautioned not to place undue reliance on it and are urged to read all GAAP
accounting disclosures presented in the consolidated financial statements and
accompanying footnotes. In addition, see the reconciliation of "cash costs" to
production costs under "Reconciliation of Non-GAAP Cash Costs to GAAP
Production Costs" set forth below.

    Reconciliation of Non-GAAP Cash Costs to GAAP Production Costs

    The tables below present reconciliations between Non-GAAP cash costs per
ounce to production costs applicable to sales including depreciation,
depletion and amortization (GAAP).

    Total cash costs include all direct and indirect operating cash costs
related directly to the physical activities of producing metals, including
mining, processing and other plant costs, third-party refining and marketing
expense, on-site general and administrative costs, royalties and mining
production taxes, net of by-product revenues earned from all metals other than
the primary metal produced at each unit. Total cash costs are a performance
measure and provide management and investors an indication of net cash flow,
after consideration of the realized price received for production sold.
Management also uses this measurement for the comparative monitoring of
performance of our mining operations period-to-period from a cash flow
perspective. "Total cash cost per ounce" is a measure developed by precious
metals companies in an effort to provide a comparable standard, however, there
can be no assurance that our reporting of this non-GAAP measure is similar to
that reported by other mining companies.

    Production costs applicable to sales including depreciation, depletion
and amortization, is the most comparable financial measure calculated in
accordance with GAAP to total cash costs. The sum of the production costs
applicable to sales and depreciation, depletion and amortization for our mines
as set forth in the tables below is included in our Consolidated Statement of
Operations and Comprehensive Loss.

    
    THREE MONTHS ENDED JUNE 30, 2007
    (In thousands except ounces and per ounce costs)

                                  Rochester   Cerro Bayo     Martha
                                --------------------------------------

    Production of Silver
     (ounces)                       1,227,233     369,500     809,026
    Cash Costs per ounce           $     2.54    $   7.16    $   5.18
                                --------------------------------------

    Total Cash Costs (Non-GAAP)    $    3,112    $  2,645    $  4,190
    Add/Subtract:
    Third party smelting costs              -        (845)       (464)
    By-product credit (1)               9,420       6,776         726
    Other adjustments                     511           -           -
    Change in inventory                   205        (546)          -
    Depreciation, depletion and
     amortization                       2,765       1,384         313
                                --------------------------------------

    Production costs applicable
     to sales, including
     depreciation, depletion and
     amortization (GAAP)           $   16,013    $  9,414    $  4,765
                                --------------------------------------

                                  Endeavor     Broken Hill     Total
                                ----------------------------------------

    Production of Silver
     (ounces)                        124,441        476,494   3,006,694
    Cash Costs per ounce            $   2.91       $   3.20  $     3.93
                                ----------------------------------------

    Total Cash Costs (Non-GAAP)     $    362       $  1,525  $   11,834
    Add/Subtract:
    Third party smelting costs          (249)          (600)     (2,158)
    By-product credit (1)                  -              -      16,922
    Other adjustments                      -              -         511
    Change in inventory                   19            (47)       (369)
    Depreciation, depletion and
     amortization                        122            934       5,518
                                ----------------------------------------

    Production costs applicable
     to sales, including
     depreciation, depletion and
     amortization (GAAP)            $    254       $  1,812  $   32,258
                                ----------------------------------------
    

    
    THREE MONTHS ENDED JUNE 30, 2006
    (In thousands except ounces and per ounce costs)

                                  Rochester    Cerro Bayo     Martha
                                ---------------------------------------

    Production of Silver
     (ounces)                       1,153,295      789,746     633,014
    Cash Costs per ounce           $     2.61     $   1.82    $   5.14
                                ---------------------------------------

    Total Cash Costs (Non-GAAP)    $    3,008     $  1,439    $  3,251
    Add/Subtract:
    Third party smelting costs              -       (1,021)       (469)
    By-product credit (1)              11,535        6,298         522
    Other adjustments                     197            -           -
    Change in inventory                (4,130)        (245)       (159)
    Depreciation, depletion and
     amortization                       3,480        1,537         302
                                ---------------------------------------

    Production costs applicable
     to sales, including
     depreciation, depletion and
     amortization (GAAP)           $   14,090     $  8,008    $  3,447
                                ---------------------------------------

                                  Endeavor     Broken Hill     Total
                                ----------------------------------------

    Production of Silver
     (ounces)                         80,890        528,041   3,184,986
    Cash Costs per ounce             $  2.79       $   3.27  $     3.03
                                ----------------------------------------

    Total Cash Costs (Non-GAAP)      $   225       $  1,727  $    9,650
    Add/Subtract:
    Third party smelting costs          (155)          (762)     (2,407)
    By-product credit (1)                  -              -      18,355
    Other adjustments                      -              -         197
    Change in inventory                   (6)           332      (4,208)
    Depreciation, depletion and
     amortization                        105          1,452       6,876
                                ----------------------------------------

    Production costs applicable
     to sales, including
     depreciation, depletion and
     amortization (GAAP)             $   169       $  2,749  $   28,463
                                ----------------------------------------
    

    
    SIX MONTHS ENDED JUNE 30, 2007
    (In thousands except ounces and per ounce costs)

                                  Rochester    Cerro Bayo     Martha
                                ---------------------------------------

    Production of Silver
     (ounces)                       2,410,029      721,448   1,432,124
    Cash Costs per ounce           $     3.71     $   4.26  $     5.59
                                ---------------------------------------

    Total Cash Costs (Non-GAAP)    $    8,934     $  3,071  $    7,999
    Add/Subtract:
    Third party smelting costs              -       (1,452)       (982)
    By-product credit (1)              18,696       12,914       1,271
    Other adjustments                     650            -           -
    Change in inventory                (3,276)      (2,333)        518
    Depreciation, depletion and
     amortization                       7,181        2,749         584
                                ---------------------------------------

    Production costs applicable
     to sales, including
     depreciation, depletion and
     amortization (GAAP)           $   32,185     $ 14,949  $    9,390
                                ---------------------------------------

                                  Endeavor     Broken Hill     Total
                                ----------------------------------------

    Production of Silver
     (ounces)                        284,718        779,342   5,627,661
    Cash Costs per ounce            $   3.06       $   3.19  $     4.15
                                ----------------------------------------

    Total Cash Costs (Non-GAAP)     $    873       $  2,483  $   23,360
    Add/Subtract:
    Third party smelting costs          (616)          (968)     (4,018)
    By-product credit (1)                  -              -      32,881
    Other adjustments                      -              -         650
    Change in inventory                   32            (54)     (5,113)
    Depreciation, depletion and
     amortization                        279          1,528      12,321
                                ----------------------------------------

    Production costs applicable
     to sales, including
     depreciation, depletion and
     amortization (GAAP)            $    568       $  2,989  $   60,081
                                ----------------------------------------
    

    
    SIX MONTHS ENDED JUNE 30, 2006
    (In thousands except ounces and per ounce costs)

                                  Rochester    Cerro Bayo     Martha
                                ---------------------------------------

    Production of Silver
     (ounces)                       2,301,658    1,305,568   1,176,500
    Cash Costs per ounce           $     3.46   $     2.47  $     5.04
                                ---------------------------------------

    Total Cash Costs (Non-GAAP)    $    7,972   $    3,222  $    5,932
    Add/Subtract:
    Third party smelting costs              -       (1,792)       (781)
    By-product credit (1)              20,476       11,171         893
    Other adjustments                     936            -           -
    Change in inventory                (7,022)      (1,596)       (223)
    Depreciation, depletion and
     amortization                       6,518        2,820         540
                                ---------------------------------------

    Production costs applicable
     to sales, including
     depreciation, depletion and
     amortization (GAAP)           $   28,880   $   13,825  $    6,361
                                ---------------------------------------

                                  Endeavor     Broken Hill     Total
                                ----------------------------------------

    Production of Silver
     (ounces)                        165,170      1,085,353   6,034,249
    Cash Costs per ounce            $   2.45     $     3.07  $     3.46
                                ----------------------------------------

    Total Cash Costs (Non-GAAP)     $    405     $    3,336  $   20,867
    Add/Subtract:
    Third party smelting costs          (257)        (1,334)     (4,164)
    By-product credit (1)                  -              -      32,540
    Other adjustments                      -              -         936
    Change in inventory                  (54)           403      (8,492)
    Depreciation, depletion and
     amortization                        214          2,985      13,077
                                ----------------------------------------

    Production costs applicable
     to sales, including
     depreciation, depletion and
     amortization (GAAP)            $    308     $    5,390  $   54,764
                                ----------------------------------------
    

    The following tables present a reconciliation between non-GAAP cash costs
per ounce to GAAP production costs applicable to sales reported in
Discontinued Operations:

    
    Coeur Silver Valley/Galena               THREE MONTHS    SIX MONTHS
                                            ENDED JUNE 30, ENDED JUNE 30,
    ----------------------------------------
                                             2007 2006 (2)  2007 2006 (2)
                                            ------------------------------
                                             (In thousands except ounces
                                                 and per ounce costs)
    Production of Silver (ounces)                -  269,027     -  768,674
    Cash Costs per ounce                         -   $10.72     -    $9.75
                                                  ---------      ---------

    Total Cash Costs (Non-GAAP)                  -   $2,883     -   $7,498
    Add/Subtract:
    Third party smelting costs                   -    (595)     -  (1,464)
    By-product credit (2)                        -      677     -    1,473
    Change in inventory                          -    1,008     -      726
    Depreciation, depletion and amortization             86     -      681
                                                  ---------      ---------

    Production costs applicable to sales,
     including depreciation, depletion and
     amortization (GAAP)                         -  $ 4,059     -  $ 8,914
                                                  ---------      ---------
    (1) By-product credits are based upon production units and the
     period's average metal price for the purposes of reporting cash costs
     per ounce.

    (2) Amounts represent two and five months ended May 31, 2006,
     respectively.
    

    
               COEUR D'ALENE MINES CORPORATION AND SUBSIDIARIES
                         CONSOLIDATED BALANCE SHEETS
                                 (Unaudited)

                                                     June 30, December 31,
                                                       2007        2006
                                                    ----------------------
    ASSETS                                              (In Thousands)


    CURRENT ASSETS
      Cash and cash equivalents                     $ 236,232   $ 270,672
      Short-term investments                           36,270      70,373
      Receivables                                      38,732      43,233
      Ore on leach pad                                 32,729      31,302
      Metal and other inventory                        18,353      16,341
      Deferred tax assets                               3,872       3,629
      Prepaid expenses and other                        8,096       6,047
                                                    ----------------------
                                                      374,284     441,597


    PROPERTY, PLANT AND EQUIPMENT
      Property, plant and equipment                   166,368     132,315
      Less accumulated depreciation                   (67,871)    (64,206)
                                                    ----------------------
                                                       98,497      68,109

    MINING PROPERTIES
      Operational mining properties                   135,381     130,447
      Less accumulated depletion                     (122,283)   (116,361)
                                                    ----------------------
                                                       13,098      14,086

      Mineral interests                                74,526      72,201
      Less accumulated depletion                       (9,635)     (7,828)
                                                    ----------------------
                                                       64,891      64,373

      Non-producing and development properties        258,979     190,988
                                                    ----------------------
                                                      336,968     269,447

    OTHER ASSETS
      Ore on leach pad, non-current portion            37,374      35,367
      Restricted cash and cash equivalents             21,652      19,492
      Debt issuance costs, net                          4,999       5,151
      Deferred tax assets                               1,389       2,544
      Other                                             8,749       7,919
                                                    ----------------------
                                                       74,163      70,473
                                                    ----------------------
        TOTAL ASSETS                                $ 883,912   $ 849,626
                                                    ----------------------
    

    
               COEUR D'ALENE MINES CORPORATION AND SUBSIDIARIES
                         CONSOLIDATED BALANCE SHEETS
                                 (Unaudited)

                                                    June 30,  December 31,
                                                       2007        2006
                                                   -----------------------
                                                    (In thousands except
                                                         share data)

    LIABILITIES AND SHAREHOLDERS' EQUITY

    CURRENT LIABILITIES
      Accounts payable                              $  35,967   $  22,315
      Accrued liabilities and other                     8,877      11,865
      Accrued income taxes                              5,363      10,317
      Accrued payroll and related benefits              7,005       8,527
      Accrued interest payable                          1,031       1,031
      Current portion of reclamation and mine
       closure                                          4,662       4,460
                                                   -----------------------
                                                       62,905      58,515
    LONG-TERM LIABILITIES
      1 1/4% Convertible Senior Notes due January
       2024                                           180,000     180,000
      Reclamation and mine closure                     27,579      27,226
      Other long-term liabilities                       4,265       2,891
                                                   -----------------------
                                                      211,844     210,117
    COMMITMENTS AND CONTINGENCIES


    SHAREHOLDERS' EQUITY
      Common Stock, par value $1.00 per share;
       authorized 500,000,000 shares, issued
       279,506,709 and 279,054,344 shares in 2007
       and 2006 (1,059,211 shares held in treasury)   279,507     279,054
      Additional paid-in capital                      779,062     777,798
      Accumulated deficit                            (437,285)   (463,221)
      Shares held in treasury                         (13,190)    (13,190)
      Accumulated other comprehensive income            1,069         553
                                                   -----------------------
                                                      609,163     580,994
                                                   -----------------------
    TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY      $ 883,912   $ 849,626
                                                   -----------------------
    

    
               COEUR D'ALENE MINES CORPORATION AND SUBSIDIARIES
                    CONSOLIDATED STATEMENTS OF CASH FLOWS
                                 (Unaudited)

                                        Three Months       Six Months
                                       Ended June 30,    Ended June 30,
                                       2007     2006     2007      2006
                                     -------------------------------------
                                                (In Thousands)

    CASH FLOWS FROM OPERATING
     ACTIVITIES:
    Net income                       $ 11,918 $ 32,648 $ 25,937 $  46,985
    Add (deduct) non-cash items:
      Depreciation and depletion        5,753    6,989   12,774    13,307
      Deferred taxes                      901   (1,058)   1,274    (3,131)
      Unrealized loss on embedded
       derivative, net                  1,125    4,760    1,090     3,201
      Share based compensation          1,044      538    1,606     1,164
      Gain on sale of net assets of
       discontinued operations and
       other, net                           -  (11,306)       -   (11,322)
      Other charges (credits)            (252)     175     (231)      692
    Changes in Operating Assets and
     Liabilities:
      Receivables                      (1,780)  (4,020)   5,784       810
      Prepaid and other current
       assets                          (3,004)  (1,362)  (3,160)   (1,025)
      Inventories                        (404)  (4,355)  (5,446)   (8,945)
      Accounts payable and accrued
       liabilities                     (3,757)   8,554   (5,417)    7,636
     Discontinued operations                -      469        -      (176)
                                     -------------------------------------

    CASH PROVIDED BY OPERATING
     ACTIVITIES                        11,544   32,032   34,211    49,196

    CASH FLOWS FROM INVESTING
     ACTIVITIES:
      Capital expenditures            (57,701) (25,677) (99,704)  (53,484)
      Purchases of short-term
       investments                    (17,267) (80,527) (50,578) (224,148)
      Proceeds from sales of short-
       term investments                22,101   62,890   82,261   101,106
      Other                               (41)    (202)     427      (443)
      Discontinued operations               -   14,862        -    14,365
                                     -------------------------------------
    CASH USED IN INVESTING ACTIVITIES (52,908) (28,654) (67,594) (162,604)

    CASH FLOWS FROM FINANCING
     ACTIVITIES:
      Retirement of long-term debt
       and capital leases                (392)    (352)    (778)     (689)
      Proceeds from issuance of
       common stock                         -        -        -   154,560
      Payment of public offering
       costs                                -        -        -    (8,388)
      Common stock repurchased              -        -     (277)        -
      Other                                 -      280       (2)      (74)
                                     -------------------------------------
      CASH PROVIDED BY (USED IN)
       FINANCING ACTIVITIES              (392)     (72)  (1,057)  145,409
                                     -------------------------------------

    INCREASE (DECREASE) IN CASH AND
     CASH EQUIVALENTS                 (41,756)   3,306  (34,440)   32,001

        Cash and cash equivalents at
         beginning of period          277,988   83,591  270,672    54,896
                                     -------------------------------------
        Cash and cash equivalents at
         end of period               $236,232 $ 86,897 $236,232 $  86,897
                                     -------------------------------------
    




For further information:

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

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