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Coeur Appoints Bibiana Betancourt As Director of Corporate Social Responsibility

Posted on: Tuesday, 11 March 2008, 09:00 CDT

Coeur d'Alene Mines Corporation (NYSE:CDE) (TSX:CDM) (ASX:CXC) today announced the appointment of Bibiana Betancourt as Director of Corporate Social Responsibility, directing and implementing social and community initiatives at the Company's international operations.

Ms. Betancourt brings to the position 17 years of experience in private and non-profit sectors, most recently as Associate Director for Development with CARE, one of the world's largest non-governmental organizations, where she led the Latin American outreach efforts, with a specific focus on Bolivia.

"A Coeur hallmark has always been its dedication and diligence in addressing both the social and environmental needs of the communities where we do business," said Dennis E. Wheeler, Chairman, President and Chief Executive officer of Coeur. "Bibiana brings a wealth of experience to Coeur in this critical area of Corporate Social Responsibility and will be an invaluable leader as she works closely with our on site senior management to help identify and formalize a Company wide code of social responsibility and help guide and implement these efforts. We welcome her to Coeur."

Ms. Betancourt received her bachelor's degree in International Relations from American Public University and holds a Certificate of International Banking from the American Institute of Banking. She is an active volunteer in both the Columbian American Community Foundation and the U.S. Columbian AIDS Foundation.

About Coeur

Coeur d'Alene Mines Corporation is one of the world's leading silver companies and also a significant gold producer. Coeur, which has no silver or gold production hedged, is presently constructing two of the world's largest silver mines -- San Bartolomé in Bolivia and Palmarejo in Mexico; operates two underground mines in southern Chile and Argentina and one surface mine in Nevada; and owns non-operating interests in two low-cost mines in Australia. The Company also owns a major gold project in Alaska and conducts exploration activities in Argentina, Bolivia, Chile, Mexico and Tanzania. Coeur currently expects to produce approximately 16 million ounces of silver in 2008, representing nearly a 40% increase over 2007 silver production levels. Coeur common shares are traded on the New York Stock Exchange under the symbol CDE, the Toronto Stock Exchange under the symbol CDM, and its CHESS Depositary Interests are traded on the Australian Securities Exchange under symbol CXC.

Cautionary Statement

This press release may contain forward-looking statements within the meaning of securities legislation in the United States, Canada, and Australia, including statements regarding anticipated operating results. Such statements are subject to numerous assumptions and uncertainties, many of which are outside the control of Coeur. Operating, exploration and financial data, and other statements in this press release are based on information that Coeur believes is reasonable, but involve significant uncertainties affecting the business of Coeur, including, but not limited to, future gold and silver prices, costs, ore grades, estimation of gold and silver reserves, mining and processing conditions, construction schedules, currency exchange rates, and the completion and/or updating of mining feasibility studies, changes that could result from future acquisitions of new mining properties or businesses, the risks and hazards inherent in the mining business (including environmental hazards, industrial accidents, weather or geologically related conditions), regulatory and permitting matters, risks inherent in the ownership and operation of, or investment in, mining properties or businesses in foreign countries, as well as other uncertainties and risk factors set out in filings made from time to time with the SEC, the Canadian securities regulators, and the Australian Securities Exchange, including, without limitation, Coeur's reports on Form 10-K and Form 10-Q. Actual results, developments and timetables could vary significantly from the estimates presented. Readers are cautioned not to put undue reliance on forward-looking statements. Coeur disclaims any intent or obligation to update publicly such forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, Coeur undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of Coeur, its financial or operating results or its securities.

Source: Business Wire

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