22.10.2007 12:55:00
|
Coeur Strengthens Management Team in South America and Alaska
Coeur d’Alene Mines Corporation (NYSE:CDE)
(TSX:CDM) today announced the appointment of key personnel at its growth
projects, San Bartolomé, Bolivia silver mine
and Kensington, Alaska Gold mine. Both mines are progressing toward the
operations and production phase of development.
"We are very pleased to announce that our San
Bartolomé silver mine and Kensington gold
mine have almost completed construction and are moving toward the
operations and production phase,” said Dennis
E. Wheeler, Chairman, President and Chief Executive Officer. "In
tandem with this, Coeur has significantly strengthened its operations
management team to secure the company’s
position as it moves to its next level of strategic growth. Production
at San Bartolomé remains on schedule to begin
producing nine million ounces of silver annually, beginning in February.
Additionally, construction at Kensington is over 90% complete and the
process plant and ancillary construction activities, including
pre-operational testing, are fully complete.” San Bartolomé, Bolivia
At San Bartolomé, Rick Irvine has been
appointed General Manager for the mine in Potosi, Bolivia. Rick recently
joined Coeur and Empresa Minera Manquiri, Coeur’s
Bolivian subsidiary. He has 17 years of mining experience in Canada,
Argentina, Chile, Honduras, Nicaragua, as well as Bolivia. Rick was most
recently Operations Manager at the Manantial Espejo development project
in Argentina. He was also previously Vice President and Chief Operating
Officer of Apogee Minerals.
As San Bartolomé moves toward its expected
February 2008 startup, over 1,600 personnel on site at the project have
surpassed 2 million man hours without a lost time accident. All major
construction contracts have been awarded for the project, with
engineering 100% complete, and procurement of equipment and materials
98% complete.
Kensington, Alaska
At Kensington – Coeur’s
major gold project near Juneau, Alaska – Tom
Henderson has been promoted to General Manager for Coeur Alaska. Tom has
been Mine Manager at Coeur’s Kensington Mine
since beginning with the company in late 2006. Effective November 1, Mr.
Henderson will also become General Manager of the Kensington as it moves
toward its production phase.
Tom was previously a mining manager at the Robinson Mine in Ruth,
Nevada, and also worked at the Goldstrike Mines in Carlin, Nevada. Tom
was also mine manager at the Grasberg Mine, one of the world’s
largest mines located in Indonesia. Tom brings a total of 29 years of
mining operations experience to his new position at Kensington.
Construction at Kensington is over 90% complete. The process plant and
ancillary construction activities, including pre-operational testing,
are fully complete. A supplemental operations team remains focused on
improving the process plant control systems, as well as other minor
activities including sediment control, overall site maintenance, and
weather conditioning.
Additional Personnel Changes
Bernie O’Leary was named Director of
Technical Services, based in Sydney Australia. Bernie succeeds Stuart
Mathews, who was promoted to lead the Palmarejo silver and gold project
in Chihuahua Mexico. Bernie brings with him 23 years of mine production
management and planning experience at small to large mine operations in
both New Zealand and Australia and, most recently, was mining manager at
Barrick’s Cowal Gold Mine in NSW, Australia.
Greg Blaylock was named to Manager of Mining for the Palmarejo Project
in Chihuahua, Mexico; Hector Figueroa was named to Geology Manager at
Palmarejo.
Coeur d'Alene Mines Corporation is one of the world's leading primary
silver producers and a growing gold producer. The company has mining
interests in Alaska, Argentina, Australia, Bolivia, Chile, Nevada, and
Tanzania.
Cautionary Statement: Company news releases and advisories may contain
statements that constitute "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995. The
company cautions that any such forward-looking statements are not
guarantees of future performance and involve significant risks and
uncertainties, and that actual results may vary materially from those
expressed or implied in the forward-looking statements as a result of
various factors.
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Aktien in diesem Artikel
Coeur Mining | 6,07 | -2,22% |
Indizes in diesem Artikel
Australia All Ordinaries | 7 243,50 | -0,60% |