Add, after Table 6 and before Conference Call information, the following footnote:

1. EBITDA, operating cash flow, adjusted earnings and cash operating costs per ounce are non-GAAP measures. Please see the tables in the Appendix for reconciliation to GAAP.

The corrected release reads:

COEUR ACHIEVES RECORD PRODUCTION, SALES AND OPERATING CASH FLOW IN 2011

Coeur d'Alene Mines Corporation (NYSE:CDE)(TSX:CDM) realized all-time record full-year production, metal sales and operating cash flow1 in 2011.

2011 Highlights:

• Net metal sales nearly doubled compared to 2010 to a record $1.0 billion.
• Operating cash flow1 increased 147% compared to 2010 to a record $454.4 million.
• Adjusted earnings1 reached a record $232.5 million, or $2.60 per share, nearly a five-fold increase compared to 2010 adjusted earnings of $41.5 million, or $0.48 per share.
• Net income totaled a record $93.5 million, or $1.05 per share, compared to a net loss of ($91.3) million, or ($1.05) per share in 2010.
• Average realized silver and gold prices were $35.15 per ounce and $1,588 per ounce, 67% and 26% respectively, higher than 2010.
• Record silver production topped 19.1 million ounces, a 14% increase over 2010, at cash operating costs of $6.31 per ounce1, a 3% decrease from 2010.
• Record gold production reached 220,382 ounces in 2011, a 40% increase over 2010. Kensington's cash operating costs were $1,088 per gold ounce, a 10% increase from 2010.
• Proven and probable silver reserves totaled 216.3 million ounces at year-end, while proven and probable gold reserves totaled 2.3 million ounces.
• Working capital was $212.8 million at year-end compared to negative working capital at year-end 2010.
• Cash and equivalents increased to $175.0 million at December 31, 2011, up 165% from year-end 2010.

Fourth Quarter Highlights:

• Silver production of 5.3 million ounces.
• Cash operating costs1 of $6.19 per silver ounce.
• Gold production of 49,544 ounces.
• Metal sales totaled $246.9 million.
• Adjusted earnings1 were $43.2 million, or $0.50 per share.
• Operating cash flow1 totaled $97.5 million.

2012 Outlook:

• Estimated silver production of 18.5 million - 20.0 million ounces and gold production of 210,000 - 230,000 ounces.
• Estimated cash operating costs1 of $6.50 to $7.50 per ounce of silver (assuming $1,500 per ounce gold for the by-product credit).
• Estimated $40.0 million exploration program, a 53% increase compared to 2011 levels, targeting resource-to-reserve conversions, and reserve and resource expansions by year-end 2012.

Mitchell J. Krebs, Coeur's President and Chief Executive Officer, said, “Our successful year was driven by record production levels at our two largest operations, Palmarejo and San Bartolomé, supported by higher silver and gold prices.”

He continued, “2011 was a transformational year for the Company. It marked the first full year that all three of our newer mines were in production together. The resulting cash flow was put to good use. We aggressively paid down nearly $50 million of debt, invested $120 million in capital expenditures intended to benefit shareholders over the long-term, invested $25 million in five silver exploration and development companies, and funded a robust $26 million exploration program. We also transformed the Company's management team at all levels, which better positions us to achieve our objectives of operating more efficiently and consistently, growing the business in value-creating ways, containing operating and non-operating costs, and re-dedicating ourselves to the highest level of worker safety, environmental stewardship, and effective community relationships where we operate.”

Looking to 2012, Mr. Krebs added, “We expect 2012 to be a year of important decisions and catalysts for the Company. We are focused on resuming full production at Kensington in Alaska in the second half of the year and operating more efficiently and effectively. Our increased exploration program is expected to generate new targets and ounces around our existing operations, particularly at Palmarejo. At Rochester in Nevada, where we invested $27 million last year to construct a new leach pad, mining is now underway and forecasted to add seven more years of mine life. At the Joaquin project in southern Argentina, we expect to provide an updated resource estimate by mid-2012 and continue to advance work on a feasibility study. We are passionate about materially reducing non-operating costs during 2012 and containing operating costs at our mines. We also expect to continue to develop and bolster our team. Solid execution of our objectives depends on attracting and retaining highly motivated and highly skilled professionals, something on which we are keenly focused.”

Table reflects continuing operations

Sales of metal increased by $505.7 million, or 98.1%, to $1.0 billion from 2010 to 2011, due to higher silver production from Palmarejo and San Bartolomé, the first full year of gold production from the Kensington mine, and substantially higher silver and gold prices.

Sales of silver contributed 65% of the Company's total metal sales, with gold sales contributing the remainder. In 2011, the Company sold 19.1 million ounces of silver and 238,551 ounces of gold, compared to 17.2 million ounces of silver and 130,142 ounces of gold in 2010. During the fourth quarter of 2011, sales were 5.1 million ounces of silver and 55,308 ounces of gold.

Coeur reports a non-U.S. GAAP metric of adjusted earnings1 as a measure of operating income, which excludes non-cash fair value adjustments, other non-cash adjustments, deferred taxes and discontinued operations. Full year and fourth quarter adjusted earnings1 were $232.5 million, or $2.60 per share, and $43.2 million, or $0.50 per share, respectively, compared with adjusted earnings1 of $41.5 million, or $0.50 per share, and $53.2 million or $0.60 per share, for 2010 and the fourth quarter of 2010, respectively.

In 2011, the Company realized net income of $93.5 million, or $1.05 per share, including net income of $11.4 million, or $0.13 per share, for the fourth quarter of 2011. The earnings reflected an income tax provision of $114.3 million compared to an income tax benefit of $9.5 million in 2010. In addition, earnings were impacted by fair value adjustments that decreased net income by $52.1 million for the year ended December 31, 2011 and increased income by $19.0 million in the fourth quarter of 2011. These fair value adjustments are driven primarily by the change in gold prices which increases or decreases the estimated future liability related to a gold royalty obligation at Palmarejo and a small gold collar option position related to a term credit facility secured by the Company's Alaskan subsidiary. Net income for 2011 was also affected by a $5.5 million non-cash loss from early retirement of Senior Term Notes.

During 2010, the Company reported a net loss of ($91.3 million) or ($1.05) per share, which included fair value adjustments of $117.1 million and a $20.3 million loss from debt extinguishments. In the fourth quarter of 2010, the net loss was ($5.1 million) or ($0.06) per share.

Coeur generated operating cash flow1 of $454.4 million during 2011, including $97.5 million in the fourth quarter. This is compared with operating cash flow of $183.9 million and $99.4 million in 2010 and the fourth quarter of 2010, respectively.

Capital expenditures totaled $120.0 million in 2011, a 23% reduction from 2010. Most of the capital expenditures were at Palmarejo for activities at the tailings facility, at Kensington for the construction of the underground paste backfill plant and for underground development, and at Rochester for construction of the new leach pad. Capital expenditures in 2012 are expected to total approximately $90.0 million-$120.0 million, with approximately $20.0 million of this total representing capital that was budgeted to be spent in 2011.

Cash and cash equivalents totaled $175.0 million at December 31, 2011, an increase of approximately 165% from 2010. Total shares outstanding remained flat at 89.7 million at year-end 2011 compared to the year-end 2010.

Table reflects continuing operations. Additional operating statistics are in the tables in the appendix.

Table reflects continuing operations. Additional operating statistics are in the tables in the appendix.

Palmarejo, Mexico - Flag Ship Mine Generates Strong Cash Flow

• Palmarejo produced 9.0 million ounces of silver and 125,071 ounces of gold at cash operating costs of ($0.97) per silver ounce in 2011. In 2010, Palmarejo produced 5.9 million ounces of silver and 102,440 ounces of gold at cash operating costs of $4.10 per silver ounce.
• This increased production resulted from significantly higher silver and gold grades and higher silver recovery rates compared to 2010. Cash operating costs per silver ounce were lower than 2010 due mostly to the gold by-product credit.
• Palmarejo is the Company's largest contributor of sales and operating cash flow1, reaching $454.4 million and $298.8 million, respectively, in 2011. Capital expenditures were $37.0 million. In 2010, sales at Palmarejo totaled $230.0 million, operating cash flow1 was $86.6 million and capital expenditures totaled $54.2 million.

San Bartolomé, Bolivia - Consistent in 2011

• San Bartolomé produced 7.5 million ounces of silver at cash operating costs1 of $9.10 per silver ounce in 2011, compared to production of 6.7 million ounces of silver at cash operating costs1 of $7.87 per silver ounce in 2010. This increased production was driven by higher mill throughput and higher ore grade while costs were higher due to higher production-related taxes as a result of the increased production levels.
• In December 2011, the Bolivian government granted the Company an exemption to mine the Huacajchi Sur deposit located above the 4,400-meter mining restriction level mandated by the federal government. Continued mining over the next two years of the higher-grade Huacajchi Sur ore should enable Coeur to realize higher margins to help offset expected higher labor and consumable costs in 2012.
• San Bartolomé contributed $267.5 million in sales and $127.6 million in operating cash flow1 in 2011. Capital expenditures were $17.7 million. In 2010, sales at San Bartolomé totaled $143.0 million while operating cash flow1 was $54.4 million and capital expenditures were $6.2 million.

Kensington, Alaska - First Half Reduction Expected to Drive to Long-Term Consistency

• As previously announced, production levels at Kensington have been curtailed during the first half of 2012 to complete several key projects designed to improve operational efficiency and consistency. Highlights of the progress at Kensington include:
  • Underground development activities, which we expect to provide operational flexibility and facilitate in-fill drilling and exploration work, are on schedule.
  • Construction of the paste backfill plant is nearly complete with electrical and piping work underway.
  • New surface facilities including a miners' dormitory, kitchen and dining facilities are completed and in use. An expanded warehouse and administrative offices are currently under construction.
• Coeur announced the promotion of Wayne Zigarlick to General Manager at Kensington, effective January 23, 2012. Mr. Zigarlick previously served as the Assistant General Manager. Prior to joining Coeur at the Kensington Mine in March 2011, he served as Operations Manager at Kinross' Kettle River-Buckhorn operation in Washington State. He has over 20 years of mining and metallurgical experience with past positions at Kinross and the former Echo Bay Mines in the United States and Canada.
• The mine contributed $151.2 million in sales and $36.1 million in operating cash flow1 in 2011. Capital expenditures were $34.0 million. In 2010, Kensington's sales were $23.6 million, operating cash flow1 totaled $7.4 million and capital expenditures totaled $92.7 million.

Rochester, Nevada - Commencing Full Production from Heap Leach Expansion

• 2011 was a transitional year at Rochester as residual leaching of older pads continued to trail off as planned, while construction of a new heap leach pad was completed in the fourth quarter. As a result, 2011 production of 1.4 million ounces of silver and 6,276 ounces of gold was lower than 2010 production levels. Commercial production from the new leach pad commenced in November. Production is expected to accelerate each quarter for a full year estimated production of 2.6 million to 2.9 million ounces of silver and 30,000 to 35,000 ounces of gold. The conveyor system and crushing plant are now operating at full capacity and leach recovery rates have been improving in February 2012 as the flow rates of solution have increased.
• As expected, cash operating costs1 per silver ounce were significantly higher in 2011 compared to 2010. Pre-strip and ore haulage costs associated with the development of the new leach pad and related mining activities were expensed during 2011, while ounces produced were lower as described above. As a result, costs per silver ounce were higher. In 2012 and over the estimated seven year mine life from the new leach pad, cash operating costs are expected to average approximately $12 per silver ounce.
• Coeur has appointed Carl Waggoner as General Manager at Rochester. With over 30 years of industry experience, Mr. Waggoner previously served as Manager of Construction and Engineering of Barrick's Turquoise Ridge joint venture operation in Nevada and worked at BHP Copper, Asarco and Fluor.
• Based on the year-end 2011 reserves and resources estimate, the ongoing legal dispute related to certain disputed unpatented claims has no effect on Rochester's 2011 mineral reserves estimate and may have some impact to Rochester's 2011 mineral resources estimate, depending on the legal outcome of the November 2012 court case.
• The mine contributed $57.3 million in sales and $3.1 million in operating cash flow1 in 2011, with 84% of sales derived from silver and the remainder from gold. Capital expenditures were $27.2 million. In 2010, sales from Rochester totaled $54.3 million, operating cash flow1 was $24.9 million and capital expenditures were $2.3 million.

Reserves and Resources

The Company realized steady levels of silver and gold reserves and increased silver and gold resources, which did not reflect the Company's aggressive exploration drilling completed in the second half of 2011.

1. Ounces shown as contained
2. Reflects mill feed

Exploration Highlights

Exploration and reserve development expenditures were $26.2 million in 2011, 51% greater than 2010. In 2012, the Company plans to continue accelerated exploration, especially in the first half of the year, with a $40.0 million exploration program, a 53% increase over 2011. The Company expects to increase contained silver and gold reserves and resources year-over-year in 2012.

The exploration program for 2012 will focus on advancing the Guadalupe and La Patria deposits at Palmarejo, the Kensington gold mine in Alaska, and the Joaquin silver-gold project in Argentina in which Coeur has a 51% managing joint venture interest.

During 2011, exploration highlights included:

• Completion of the first Canadian National Instrument 43-101-compliant mineral resource estimate on the Joaquin property in Argentina containing 19.7 million silver ounces of Indicated Resources and 48.0 million ounces of silver in Inferred Resources, all in two deposits, La Negra and La Morocha; both remain open for expansion. Coeur's current share of this initial mineral resource is 51%. Drilling in the fourth quarter of 2011 focused on expansion and definition of the two deposits and this work will continue into 2012, followed by exploration of the greater property. An updated mineral resource estimate is expected to be completed in mid-2012. With completion of a feasibility study, Coeur will earn a 61% interest.
• Over 12,800 meters of drilling were completed on the La Patria deposit at Palmarejo. This drilling was the first drilling by Coeur on this nearly 2 kilometer-long mineralized structure, which is located about six kilometers south of the current Palmarejo mining operations. Gold and silver mineralization at La Patria has been exposed in new surface trenches as zone veins and stockwork, from 4 to 28 meters wide, and extends over 350 meters deep. Much of the new drilling cut multiple intersections of mineralization. At this time, the program's focus is on completing a new mineral resource model and defining the extent of higher-grade shoots, or “clavos” that have been defined with our drilling.
• At Guadalupe, also in the Palmarejo area, over 20,500 meters of drilling was completed; mostly in the second half of 2011. Mineralization at Guadalupe, in wide veins and associated stockwork, has been defined over a strike length of +2.5 kilometers and remains open along strike and at depth. Further drilling is planned to define and expand the zone, especially on the northern half where initial mining is scheduled to commence in 2013.
• In addition, drilling at the main Palmarejo open pit and underground deposits focused on the Tucson-Chapotillo surface zones with underground drilling at the Rosario and 76 zones. Rosario drilling results have been encouraging and follow up drilling is underway.
• One hole was completed on a new target at Palmarejo, called Independencia, in December 2011. This hole cut three zones of mineralization ranging from 1.1 meters to 3.7 meters true width grading from 2.2 to 6.8 grams per tonne of gold and 192 to 452 grams per tonne of silver. Follow-up drilling on this new structure is underway.
• At Kensington, underground drilling was conducted on the Raven zone, located approximately 2,000 feet (600 meters) west of the main Kensington mine area and on a new target, Kensington South, located about 1,000 feet (300 meters) south of the know southern limit of the Kensington mine. Work on a new model of Raven mineral resources is scheduled to commence following drilling planned for the first half of 2012.

2012 Outlook

Coeur expects to produce between 18.5 million and 20.0 million ounces of silver and 210,000 and 230,000 ounces of gold in 2012. Cash operating costs1 are expected to be between $6.50 and $7.50 per ounce of silver (assuming $1,500 per ounce of gold for the by-product credit). Kensington's cash operating costs1 are expected to be between $1,150 and $1,250 per ounce of gold in 2012. Kensington's cash operating costs1 are anticipated to be approximately $1,750 per ounce in the first half of 2012 while production remains temporarily scaled back, and then improve to $800 to $1,000 per ounce in the fourth quarter. Approximately 30% of Kensington's full-year production is expected to take place during the first half of 2012 with the remaining 70% expected in the second half.1

*G&A includes $6 million of non-cash net stock compensation.

1. EBITDA, operating cash flow, adjusted earnings and cash operating costs per ounce are non-GAAP measures. Please see the tables in the Appendix for reconciliation to GAAP.

Conference Call Information
Coeur's fourth quarter and year-end 2011 financial results conference call will be held at 1:00 p.m. Eastern Time today, Thursday, February 23, 2012.
Dial-in number: (877) 464-2820
International dial-in number: (660) 422-4718
Conference ID: 48487351
Webcast: www.coeur.com

A replay of the conference call will be available through March 2, 2012.
Replay number: (855) 859-2056
International replay number: (404) 537-3406
Replay code: 48487351

Cautionary Statement

This news release contains forward-looking statements within the meaning of securities legislation in the United States and Canada, 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 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 delays and related disruptions in production, disputed mineral claims, currency exchange rates, costs of capital expenditures and the completion and/or updating of mining feasibility studies, changes that could result from future acquisitions of new mining properties or businesses, risks and hazards inherent in the mining business (including environmental hazards, industrial accidents, weather and geologically related conditions), permitting and regulatory matters (including penalties, fines, sanctions, and shutdowns), 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 United States Securities and Exchange Commission, and the Canadian securities regulators, including, without limitation, Coeur's reports on Form 10-K and Form 10-Q. Current mineralized material estimates were inclusive of disputed and undisputed claims at Rochester. While the Company believes it holds a superior position in the ongoing claim dispute, the Company believes an adverse legal outcome would cause it to modify mineralized material estimates. 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.

Donald J. Birak, Coeur's Senior Vice President of Exploration and a qualified person under Canadian NI 43-101, supervised the preparation of the scientific and technical information concerning Coeur's mineral projects in this news release. For a description of the key assumptions, parameters and methods used to estimate mineral reserves and resources, as well as data verification procedures and a general discussion of the extent to which the estimates may be affected by any known environmental, permitting, legal, title, taxation, socio-political, marketing or other relevant factors, please see the Technical Reports for each of Coeur's properties as filed on SEDAR at www.sedar.com.

Cautionary Note to U.S. Investors - The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms in this presentation, such as “measured,” “indicated,” and “inferred resources,” that are recognized by Canadian regulations, but that SEC guidelines generally prohibit U.S. registered companies from including in their filings with the SEC. U.S. investors are urged to consider closely the disclosure in our Form 10-K which may be secured from us, or from the SEC's website at http://www.sec.gov.

Non-U.S. GAAP Measures

We supplement the reporting of our financial information determined under United States generally accepted accounting principles (U.S. GAAP) with certain non-U.S. GAAP financial measures, including cash operating costs, operating cash flow, adjusted earnings, and EBITDA. We believe that these adjusted measures provide meaningful information to assist management, investors and analysts in understanding our financial results and assessing our prospects for future performance. We believe these adjusted financial measures are important indicators of our recurring operations because they exclude items that may not be indicative of, or are unrelated to our core operating results, and provide a better baseline for analysing trends in our underlying businesses. We believe cash operating costs, operating cash flow, adjusted earnings and EBITDA are important measures in assessing the Company's overall financial performance.

About Coeur

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.

APPENDIX:

(1) Palmarejo commenced commercial production on April 20, 2009. Mine statistics do not represent normal operating results.

(2) The leach cycle at Rochester requires 5 to 10 years to recover gold and silver contained in the ore. The Company estimates the metallurgical recovery to be approximately 61% for silver and 92% for gold. Current recovery may vary significantly from ultimate recovery. See Critical Accounting Policies and Estimates — Ore on Leach Pad.

(3) Current production ounces and recoveries reflect final metal settlements of previously reported production ounces.

(4) See "Reconciliation of Non-GAAP Cash Costs to GAAP Production Costs."

Table 11: Operating Cash Flow Reconciliation

Operating cash flow is a non-U.S. GAAP measure defined as net income plus depreciation, depletion and amortization and other non-cash items prior to changes in operating assets and liabilities. On a U.S. GAAP basis, the Company generated cash flow from operations of $97.5 million in the fourth quarter of 2011 and $454.4 million in the year ended December 31, 2011. See the reconciliation from non-U.S. GAAP to U.S. GAAP at the end of this news release.

Table 12: EBITDA Reconciliation

EBITDA is a non-U.S. GAAP measure defined as earnings before interest, taxes, depreciation and amortization. A reconciliation of this measure to U.S. GAAP is provided at the end of this news release.

Table 13: Adjusted Earnings Reconciliation

Adjusted earnings is a non-U.S. GAAP measure defined as operating income plus interest and other income less interest expense and current taxes. Adjusted earnings exclude non-cash fair value adjustments, other non-cash adjustments, deferred taxes and discontinued operations. The Company realized net income of $11.4 million in the fourth quarter of 2011 and $93.5 million during the year ended December 31, 2011. See reconciliation between non-U.S. GAAP adjusted earnings and U.S. GAAP at the end of this news release. Adjusted earnings per share represent the adjusted earnings divided by the number of shares outstanding at the end of the quarter.