Coeur d’Alene Mines Reports 84 Percent Dip in Quarterly Profits

Mining Weekly reported that Coeur d’Alene Mines Corp announced an 84 percent drop in quarterly profits, blaming lower silver prices and lower production.

As quoted in the Mining Weekly report:

Adjusted profit fell to $6.8-million, or $0.08 per share, in the first quarter from $41.5-million, or $0.46 per share, a year earlier.

To view the whole Mining Weekly report, click here.