Coeur Mining delivered exceptional third-quarter results, achieving record production levels and financial performance, with cash balances projected to exceed $500 million by year-end.
- Consolidated gold production reached over 111,000 ounces, while silver production totaled 4.8 million ounces, marking significant sequential increases.
- Las Chispas operation recorded a robust 34% increase in free cash flow, totaling $66 million in the quarter, bolstering the company’s growth profile post SilverCrest acquisition.
- The company expects full-year EBITDA to surpass $1 billion and free cash flow to exceed $550 million, exceeding prior estimates.
- Coeur's share repurchase program has achieved nearly 10% of its initial $75 million target, reflecting confidence in capital allocation.
- Improvements in operational efficiencies across multiple mines, particularly in Rochester and Kensington, support upgraded production guidance for 2025.
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