Coeur’s 2014 Production in Line with Guidance

Coeur Mining Inc. (NYSE:CDE) announced that in Q4 it put out 4.3 million ounces of silver and 64,534 ounces of gold. That’s a total of 8.2 million silver equivalent ounces.

As quoted in the press release:

Full-year 2014 production was 17.2 million silver ounces, in-line with Company guidance of 17.0 – 18.0 million ounces, and 249,384 gold ounces, above Company guidance of 229,000 – 244,000 ounces. Full-year silver-equivalent production totaled 32.2 million ounces, which was at the high-end of Company guidance of 30.7 – 32.7 million ounces.

In 2015, Coeur expects to produce 14.8 – 16.0 million ounces of silver and 284,000 – 313,000 ounces of gold, or 31.8 – 34.8 million silver-equivalent ounces, which represents up to an 8% increase over 2014 silver-equivalent production. Coeur’s 2015 total silver and gold production guidance includes pro-rata production from the previously announced acquisition of the Wharf gold mine from Goldcorp, Inc. based on an assumed transaction closing date of March 31, 2015. Wharf is expected to produce 85,000 – 90,000 ounces of gold in 2015 based on guidance provided by Goldcorp on January 12, 2015.

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