财务数据和关键指标变化 - 第一季度整体收入同比增加14%,调整后EBITDA大幅增加76% [3][9] - 资本支出大幅下降,主要是罗切斯特扩建项目已完成 [3][10] - 公司预计将在下半年转为自由现金流正值,将用于偿还债务 [3][11] 各条业务线数据和关键指标变化 - 帕尔马雷霍和怀尔夫表现强劲,抵消了罗切斯特过渡期的影响 [3][4] - 罗切斯特新破碎系统已于3月8日开始处理新鲜矿石,产能正在快速提升 [3][4][8] - 肯辛顿矿山正在进行多年投资计划,有望大幅延长矿山寿命 [4][9] 各个市场数据和关键指标变化 - 墨西哥的帕尔马雷霍矿山受到高柴油价格和其他通胀压力的影响 [9] - 怀尔夫矿山第一季度表现优于预期,受益于季节性因素 [9] 公司战略和发展方向及行业竞争 - 公司正在开发帕尔马雷霍东部新获得的土地,以增加未来3年内的产量和现金流 [5][20][21] - 公司对高品位的银铅锌矿Silvertip项目感到兴奋,正在制定更积极的勘探计划 [6][12][13] - 公司在ESG方面的领先地位有助于提高运营效率和成功 [7] 管理层对经营环境和未来前景的评论 - 管理层对罗切斯特项目的快速投产和未来优化感到兴奋 [3][4][8] - 管理层对肯辛顿和帕尔马雷霍的勘探前景感到乐观 [4][12][13][20][21] - 管理层认为公司的多资产组合和北美黄金白银资产组合使其在当前大宗商品价格环境下处于有利地位 [6][14] 问答环节重要的提问和回答 问题1 **Michael Dudas提问** 对于罗切斯特,公司是否对第二季度末达到稳定产能水平以及后续优化充满信心? [16][17][18] **Mitch Krebs和Mick Routledge回答** 公司有信心在第二季度末达到稳定的88,000吨/日产能水平,并在下半年进一步优化破碎尺寸和回收率 [17][18] 问题2 **Mike Parkin提问** 对于帕尔马雷霍东部新获得的土地,公司是否看到了近中期内可以纳入矿山计划的机会? [19][20][21][22] **Mitch Krebs和Aoife McGrath回答** 公司看到了近期、中期和长期的勘探机会,包括对现有矿区的延伸、已知资源的转换,以及新的潜在矿化带的发现 [20][21][22] 问题3 **Kevin O'Halloran提问** 公司是否还会在未来季度进行罗切斯特存货调整(LCM)? [40][41][42][43][44] **Tom Whelan回答** 公司在第一季度已经进行了正面的LCM调整,未来可能还会有一次调整,但第三季度开始应该不再需要 [42][43][44]

Financial 1 • Adjusted CAS on a by-product basis increased 17% quarter-over-quarter to $1,165 per ounce, largely driven by lower metal sales • Capital expenditures decreased slightly quarter-over-quarter to less than $1 million 1 • Free cash flow in the first quarter totaled $11 million compared to $27 million in the prior period, reflecting lower metal sales Exploration • Exploration investment remained flat quarter-over-quarter • Preparations for the 2024 drilling program were undertaken during the quarte ...

The effective portions of cash flow hedges are recorded in Accumulated other comprehensive income (loss) ("AOCI") until the hedged item is recognized in earnings. Deferred gains and losses associated with cash flow hedges of metal sales revenue are recognized as a component of Revenue in the same period as the related sale is recognized. | --- | --- | --- | --- | --- | --- | --- | |------------------------------------|------------------------|-------------------|-----------------|--------------------------- ...

A “targeted” counterattack last night… the 10-year Treasury yield is a problem for stocks… home sales fall thanks to expensive mortgages… silver might shine more than goldIt continues to be a busy news cycle. Let’s follow up yesterday’s headline-driven Digest with another tour through the top events impacting investor portfolios.First up is last night’s Israeli counterattack on Iran.A “limited strike” to avoid escalationOvernight, Israel launched a targeted strike in the area around Isfahan in central Iran. ...

Coeur Mining, Inc. (CDE) announced that its newly expanded Rochester silver and gold mine in Nevada achieved commercial production.On Mar 7, the new three-stage crushing circuit and truck load-out facility were officially commissioned. Since then, the crusher circuit has operated at an average throughput of more than 70,000 tons per day and has topped 88,000 tons per day. This led to the declaration of commercial production by the end of the first quarter.Backed by this, the company additionally stated that ...

iShares MSCI Global Silver and Metals Miners ETF (SLVP) topped the list of best-performing ETFs in the past month, gaining 27.4%. Being a leveraged play, metal miners tend to experience more gains than their bullion cousins in a rising metal market (read: Gold ETFs Outperform in March).Though most of the stocks in the fund’s portfolio delivered strong returns, a few were up more than 25% in a month. These include Coeur Mining Inc. (CDE) , Endeavour Silver Corporation (EXK) , Silvercorp Metals (SVM) , Seabri ...

CHICAGO--(BUSINESS WIRE)--Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSE: CDE) today announced that it has arranged a private placement (the “Offering”) of 7,704,725 flow-through common shares of the Company that will qualify as “flow-through shares” within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the “flow-through shares”) for gross proceeds of approximately $25 million (C$34 million), resulting in a 27% premium. The offering will be subject to a four-month hold period. The pr ...

11:00 a.m. ET, February 22, 2024 This presentation contains forward-looking statements within the meaning of securities legislation in the United States and Canada, including statements involving strategic priorities and company strategies, growth, anticipated production, costs and expenses, exploration and development efforts, operations, expectations and initiatives at Palmarejo, Rochester, Kensington, Wharf and Silvertip including the Rochester expansion project, inflation and other cost pressures, capit ...

财务数据和关键指标变化 - 公司第四季度收入同比增长35%,主要由于金产量增加29%和银产量增加34% [4] - 第四季度调整后EBITDA和经营现金流均超过两倍,创三年来最高水平 [4] - 公司全年实现了产量指引目标 [4] 各条业务线数据和关键指标变化 - Palmarejo矿场金产量和银产量接近年度指引下限,但仍实现了超过1500万美元的自由现金流 [14] - Rochester矿场第四季度银产量增加120%,金产量增加345%,显示了扩产后的产能 [15][16] - Kensington矿场在解决了水处理和充填等问题后,第四季度产量恢复到年度指引高端 [20][21] - Wharf矿场全年表现出色,自由现金流达到8200万美元 [6] 各个市场数据和关键指标变化 - 公司在美国的矿山运营成本受到通胀压力的缓解,但墨西哥Palmarejo矿场仍受到当地通胀和墨西哥比索升值的影响 [37][38] 公司战略和发展方向及行业竞争 - 公司未来几年的重点是提高安全绩效、保持各矿山的稳定运营、加大高回报的勘探投入 [45][46] - 公司未来几年将迎来产量和现金流的增长拐点,有望实现大幅的债务降低 [45][47] 管理层对经营环境和未来前景的评论 - 管理层对公司未来前景表示乐观,认为公司已做好充分准备,将在未来几年实现产量、现金流和债务指标的大幅改善 [45][46][47] 问答环节重要的提问和回答 无

CHICAGO--(BUSINESS WIRE)--Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSE: CDE) today reported year-end 2023 proven and probable reserves of 3.2 million ounces of gold and 243.9 million ounces of silver, net of depletion. Measured and indicated resources totaled 3.2 million ounces of gold, 196.3 million ounces of silver, 1,517 million pounds of zinc and 768.7 million pounds of lead, reflecting year-over-year increases for all metals driven by additions at Palmarejo, Rochester, Wharf and Silvertip. Inf ...