Coeur Provides Update on Palmarejo Complex, COVID-19 Preparedness and Full-Year 2020 Guidance

nr_20200407

Chicago, Illinois – April 7, 2020 – Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSE: CDE) today announced that it has begun taking steps toward the temporary suspension of active mining and processing activities at its Palmarejo gold-silver complex (“Palmarejo”) in the State of Chihuahua, Mexico in accordance with a government-mandated decree in response to the 2019 novel coronavirus (“COVID-19”). The decree, issued by the Federal government of Mexico, restricts all non-essential business activities through April 30, 2020. The Mexican government provided additional guidance on the decree on April 6, 2020, clarifying that mining does not qualify as an essential business activity.

Leave a Reply