Coeur Mining’s Silver Equivalent Production Up Slightly in Q2

Coeur Mining Inc. (NYSE:CDE) announced preliminary Q2 2014 production of 4.5 million ounces of silver and 61,025 ounces of gold; that equates to 8.1 million silver equivalent ounces, a 7-percent increase from Q1.

Rochester mine highlights include:

• Silver production increased 48% and gold production increased 13% compared to the first quarter at Rochester resulting in the highest quarterly silver equivalent production since the third quarter 2007.
• Further production growth is expected in the second half of 2014 due to the continued ramp up of production  from the Stage III leach pad.

Endeavour mine highlights include:

• Silver production received from the Company’s investment in the Endeavor lead-zinc-silver mine in Australia decreased by 24% in the second quarter.
• Coeur owns all silver production and reserves at Endeavor up to a total of 20.0 million payable ounces. As of June 30, 2014, Endeavor had produced 5.1 million payable ounces, or approximately 26% of the total, since Coeur initially acquired this interest in 2005.

Click here to read the full Coeur Mining Inc. (NYSE:CDE) press release.