Coeur d’Alene Mines Corporation (NYSE:CDE)(TSX:CDM) today announced that it has been recognized by the International Society of Mine Safety Professionals (ISMSP) with five national and international safety awards for its operations in North and South America.
The awards were presented this week at the Annual ISMSP Conference in recognition of the safety milestones set at the Company’s Palmarejo Mine in Mexico, the Rochester Mine in Nevada and Coeur’s exploration groups in Chile, Argentina and Mexico. The awards are for the period through December 31, 2011.
Safety Achievement Awards for 2011 operations include:
- Palmarejo Mine, Chihuahua, Mexico - 1,233,880 employee hours worked without a lost time accident.
- Rochester Mine, Lovelock, Nevada - 4 years and 813,036 employee hours worked without a lost time accident.
- Coeur South America Exploration, Santiago, Chile - 6 years and 532,354 employee hours worked without a lost time accident.
- Coeur Argentina Exploration, Gregores, Santa Cruz, Argentina - 3 years and 45,096 employee hours worked without a lost time accident.
- Coeur Exploration, Temoris, Chihuahua, Mexico - 4 years and 213,465 employee hours worked without a lost time accident.
“We are honored that the ISMSP has once again recognized Coeur for its dedication to worker safety,” said Mitchell J. Krebs, Coeur’s President and Chief Executive Officer. “Nothing is more important to us than the well-being of our workforce and we are committed to maintaining the highest health and safety standards at all of our operations,” he said.
The International Society of Mine Safety Professionals is an organization dedicated to promoting the development of health and safety professionals throughout the international mining community. The achievements in safety are awarded at the ISMSP annual professional conference.
Coeur d'Alene Mines Corporation is the largest U.S.-based primary silver producer and a growing gold producer. The Company built and commenced production from three wholly owned, long-lived mines between 2008 and 2010: the San Bartolomé silver mine in Bolivia, the Palmarejo silver-gold mine in Mexico and the Kensington gold mine in Alaska. Further production has commenced from a new heap leach pad at Coeur's long-time Rochester silver-gold mine in Nevada. The Company also owns and operates the Martha silver-gold mine in Argentina and owns a non-operating interest in a silver-base metal mine in Australia. Coeur conducts ongoing exploration activities near and within its operating properties in Argentina, Mexico, Alaska, Nevada and Bolivia. In addition, Coeur owns strategic minority shareholdings in five silver development companies in North and South America.