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February 2017
Volume 69    Issue 2

Going for gold; How Coeur reinvented itself

Mining Engineering, 2017, Vol. 69, No. 2, pp. 26-26
Theng, Chee


PREVIEW:

In 2013, Coeur Mining had more than $55 million in general and administrative (G&A) costs and less than $100 million in cash flow. This year, its G&A costs stand at $30 million, down by more than 40 percent, its all-in sustaining costs have shrunk by more than 30 percent, and its cash flow is above $200 million. To realize this, the company aggressively reduced both its corporate overhead cost and operating cost and repaid more than $300 million in debt.  



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