Kensington Gold Mine Achieves Safety Milestone
1,000 Days Without a Lost Time Accident
JUNEAU, Alaska - January 27, 2010 - Coeur Alaska's Kensington Gold Mine is pleased to announce that its employees in January surpassed the safety milestone of 1,00 days with no Lost Time Accidents. This equates to more than 429,150 safe work hours.
"We are very proud of the commitment our employees have made to moving Coeur Alaska towards its goal to be an industry leader insafety, health and loss prevention," said Joe Kemp, Coeur Alaska's Safety Superintendent. "Safety is an integral part of our culture at Kensington, and it is a vital consideration as we recruit and train our employees."
Tom Henderson, Coeur Alaska's VP and General Manager said, "We are exceptionally proud of all Kensington's employees and this superlative safety milestone. Each one is to be congratulated for advancing the Kensington Mine under the safest of worker conditions and practices."
According to the Bureau of Labor Statistics, the mining industry is one of the safest industries in the United States, with a lower injury incidence rate than many other industries, including construction, fishing, logging, manufacturing, retail and wholesale trade.
Coeur Alaska is a subsidiary of Coeur d'Alene Mines Corporation, one of the world's leading silver companies and also a significant gold producer. Coeur operates one of the world's largest pure silver mines, San Bartolomé in Bolivia, and began production last March at another world‐leading silver mine - Palmarejo in Mexico. The Company also operates underground mines in southern Chile and Argentina and one surface mine in Nevada; and owns a non‐operating interest in a low‐cost mine in Australia. The Company also owns Kensington near Juneau, Alaska, which is planned to begin production in 2010, and conducts exploration activities in Alaska, Argentina, Chile and Mexico. 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.