Coeur Receives Five Major Safety Awards for the Company's National and International Operations
Monday, May 19, 2008 6:01 PM
Symbols: CDE

Coeur d’Alene Mines Corporation (NYSE:CDE) (TSX:CDM) (ASX:CXC) today announced that it has received five major safety awards from the International Society of Mine Safety Professionals (ISMSP) for its safe operations, as well as for safe worker activities related to its new San Bartolomé silver mine in Bolivia and the development of the Kensington gold mine in Alaska.

The awards were presented last week at the ISMSP Conference in recognition of the safety milestones set during the construction of San Bartolomé, ongoing worker safety at Kensington, the safe standards set by the Company’s exploration group in Chile, and for overall corporate safety standards. San Bartolomé is the largest primary silver mine in the world, currently in the last stages of operations startup, and included a mostly-Bolivian workforce of 2,200 during construction.

“Worker safety is a hallmark at Coeur, and a foundation upon which we build and operate all our mines and development properties around the world,” said Dennis E. Wheeler, Chairman, President and Chief Executive Officer of Coeur. “Along with environmental stewardship, the message at Coeur has always been to operate at the highest levels of worker safety, and it is gratifying to gain recognition of this from a prestigious industry group such as ISMSP.”

The individual awards include:

  • Safety Award and Safety Recognition Award for Internal Achievement to Coeur’s wholly owned subsidiary Empresa Minera Manquiri’s San Bartolomé Project for surpassing 3 million man hours without a lost time accident during 2007, and providing a safe, productive work environment for employees. San Bartolomé has since surpassed 5 million man hours without a lost time accident.
  • Safety Award for dedication to safe, quality production presented to Coeur d’Alene Mines Corporation for surpassing 2.1 million man hours without a lost time accident in the fourth quarter of 2007.

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