other material
confidence high
sentiment positive
materiality 0.70
Coeur Mining's Rochester mine achieves 88,000 tpd throughput, expects free cash flow inflection in H2
Coeur Mining, Inc.
- Rochester mine now routinely achieving daily throughput of 88,000 tons per day after completing ramp-up.
- Placed 4.3M tons of ore on Stage 6 leach pad in Q2; total placed 15.5M tons.
- Expects crushing/placement rates of 7–8M tons per quarter in H2 2024 and into 2025.
- Full capacity ~32M tons/year (2.5x historical); positions Rochester as America's largest domestic silver source.
- CEO states ramp-up enables debt reduction and free cash flow inflection in second half of 2024.