other material
confidence high
sentiment positive
materiality 0.75
Coeur Mining's expanded Rochester mine achieves commercial production; ramp-up on track for H1 2024
Coeur Mining, Inc.
- Crushing circuit averaged nearly 70,000 tpd post-commissioning, exceeding 88,000 tpd at times.
- Full design capacity of 88,000 tpd (32M tons/year) remains on schedule for first half 2024.
- Approximately 9.3M tons of ore placed on new Stage 6 leach pad commissioned late 2023.
- Once at full capacity, throughput expected ~2.5x historical levels, making Rochester a top global heap leach mine.
- Mine projected to be America's largest domestic source of refined silver, driving cash flow growth.