Army Corps of Engineers Reactivates Permit at Coeur`s Kensington Gold Mine, Clearing Way for Expected 2010 Production Start

* Reuters is not responsible for the content in this press release.

Mon Aug 17, 2009 9:00am EDT

COEUR D’ALENE, Idaho--(Business Wire)--
Coeur d`Alene Mines Corporation (NYSE:CDE) (TSX:CDM) (ASX:CXC) today announced
that the U.S. Army Corps of Engineers has reactivated the 404 permit for Coeur`s
Kensington Gold Mine located 40 miles northwest of Juneau, Alaska. With
approximately 90% of the mine already complete, the Company will immediately
begin to finalize construction of the remaining areas of the operation. 

"There is an extensive list of groups and individuals to thank for their efforts
and continued support of Kensington. The Company looks forward to getting back
to accomplishing the main objective, which is to construct and operate a
world-class gold mine that all stakeholders will be proud of," said Dennis E.
Wheeler, Chairman, President and Chief Executive Officer of Coeur. "Kensington
represents Coeur`s third new mine in the past two years. This transformation to
these large, long-life mines will continue to provide shareholders with further
growth in production and cash flow." 

About Coeur

Coeur d`Alene Mines Corporation is one of the world`s leading silver companies
and also a significant gold producer. Coeur will have its first full year of
production this year at the world`s largest pure silver mine - San Bartolomé in
Bolivia - and began production in 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 a major gold
project - Kensington in Alaska - and conducts exploration activities in
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. 

Cautionary Statement

This press release contains forward-looking statements within the meaning of
securities legislation in the United States, Canada, and Australia, 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 presentation 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 schedules, currency exchange rates, and the completion and/or
updating of mining feasibility studies, changes that could result from future
acquisitions of new mining properties or businesses, the risks and hazards
inherent in the mining business (including environmental hazards, industrial
accidents, weather or geologically related conditions), regulatory and
permitting matters, 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 SEC, the Canadian securities regulators, and the Australian Securities
Exchange, including, without limitation, Coeur`s reports on Form 10-K and Form
10-Q. 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 first
parties in respect of Coeur, its financial or operating results or its
securities. 





Coeur d`Alene Mines Corporation
Investors
Karli Anderson, 208-665-0345
Director of Investor Relations
Media
Tony Ebersole, 208-665-0777
Director of Corporate Communications 

Copyright Business Wire 2009

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