Coeur Mining reports Rochester silver, gold mine completes ramp-up activities

Coeur Mining reported that its recently-expanded Rochester silver and gold mine in Nevada successfully completed ramp-up activities at the end of the second quarter by achieving daily throughput rates of over 88,000 tons per day. Approximately 4.3M tons of ore were placed on the new Stage 6 leach pad during the second quarter bringing the total tons placed to 15.5M tons. Crushing and placement rates were lighter than initially planned during the second quarter while mining rates exceeded plan. Down days taken during the second quarter have Rochester positioned to deliver crushing and placement rates of 7M-8M tons per quarter during the second half of the year and into 2025. At full capacity, throughput levels are expected to be approximately 2.5 times higher than historical levels, or approximately 32M tons per year.