Coeur Announces Key Personnel Appointments in North and South American Operations Groups
Wednesday, July 09, 2008 9:23 AM
Symbols: CDE

Coeur d’Alene Mines Corporation (NYSE:CDE) (TSX:CDM) (ASX:CXC) today announced the promotions and appointments of key personnel in both its North and South American operations groups. This enhanced management structure is designed to provide each operation with additional oversight, experience, and resources in order to meet the Company’s production, cost, and development targets.

South America

Don Gray has been appointed Senior Vice President of South American Operations and will be located in the Company’s offices in Santiago, Chile. Don will oversee the Company’s Cerro Bayo and Martha mines. Most recently, Don was the General Manager at Coeur’s Cerro Bayo operation, where he has successfully led the effort to implement cost-reduction initiatives and drive production increases. Don has more than 27 years of mining operations and development experience including key South American operations roles with several leading mining companies.

Stuart O’Brien will assume Don Gray’s role as General Manager at Cerro Bayo. Stuart has been with Coeur since February 2008 as Operations Manager at Cerro Bayo. Prior to joining Coeur, Stuart worked for Minera Hecla in Venezuela and has more than ten years of mining operations experience, much of it international.

Gordon Babcock has been promoted to General Manager at Martha Mine. Gordon has been with Coeur since October 2006 as Assistant General Manager at Martha. Gordon has more than 25 years experience in mine exploration, project development and mine production management.

North America

Leon Hardy has been promoted to Senior Vice President of North American Operations. Leon will be based in the corporate headquarters in Coeur d’Alene and will lead the Company’s efforts to recommence operations at its Rochester silver/gold mine in Nevada. In addition, Leon will be responsible for the completion of construction activities and the commencement of production at Coeur’s Kensington gold project in Alaska. Leon has been with Coeur since May 2003 and has been the General Manager at the Company’s Martha Mine in Argentina. Leon has over 25 years experience in mine management and operations expertise.

Corporate

Both Leon and Don will report directly to Richard Weston, the Company’s Senior Vice President of Operations. Coeur’s two largest mines – San Bartolomé in Bolivia and Palmarejo in Mexico – will continue to report directly to Richard.

Bernie O’Leary has been promoted to General Manager Technical Support Services.


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