CHICAGO–(BUSINESS WIRE) – Coeur Mining, Inc. (the “Company” or “Coeur”) (NYSE:CDE) today announced fourth quarter production of 3.9 million ounces of silver and 102,500 ounces of gold, or 10.0 million silver equivalent1 ounces, the highest quarterly silver equivalent1 production in Company history.
Full-year 2016 production was 14.8 million ounces of silver, in-line with the Company’s guidance of 14.4 – 15.7 million ounces, and 358,170 ounces of gold, above the high-end of Company guidance of 333,000 – 355,000 gold ounces. Full-year silver equivalent1 production totaled 36.3 million ounces, in line with guidance of 34.4 – 37.0 million ounces.
In 2017, Coeur expects to produce 16.4 – 18.0 million ounces of silver and 362,000 – 387,000 ounces of gold, or 38.1 – 41.2 million silver equivalent1 ounces, an increase of over 9% year-over-year based on the midpoint of the 2017 guidance range.