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Coeur Mining reaffirms forecast for 2013 production

Coeur Mining CFO Peter Mitchell will present at the Deutsche Bank Global Industrials and Basic Materials Conference and highlights will include reaffirming the company’s 2013 production guidance of 18.0M-19.5M ounces of silver and 250K-265K ounces of gold, the company said. Cash operating costs per ounce of silver are expected to be $9.50-$10.50 for the full year, using a gold by-product price assumption of $1,500 for the last nine months of 2013, and Kensington’s cash operating costs per ounce of gold for 2013 are expected to be $900-$950, Coeur added.