Coeur Publishes 2023 ESG Report
April 23 2024 - 3:30PM
Business Wire
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSE: CDE) today
published its 2023 ESG Report (the “Report”), highlighting the
Company’s efforts to advance its environmental, social and
governance strategy, priorities and practices and its responsible
mining operations. The Report details Coeur’s public ESG targets,
best-in-class corporate governance practices and positive
environmental and social impacts that are aligned with generating
long-term value for stockholders.
Report Highlights:
- Health and safety – Coeur remained focused on total
worker health and safety in 2023, resulting in the lowest Total
Reportable Injury Frequency Rate (TRIFR) among peers according to
MSHA standards, at 0.46.
- Tailings management – To increase transparency into
tailings management and to bolster existing management practices
and governance systems, the Company is implementing the Global
Industry Standard on Tailings Management (GISTM), among just 17% of
non-ICMM companies in the industry to do so.
- Biodiversity Management Standard – Coeur is committed to
protecting, restoring, conserving and managing natural capital,
biodiversity and ecosystem services through responsible development
and environmental stewardship, as well as transparently reporting
on performance and key nature-related metrics.
- Climate resilience – The Company took further action to
improve its climate resilience and reporting, including
incorporating consideration of carbon emissions and the potential
effects of climate change into long-term planning and remains on
track to achieve Coeur’s goal to reduce greenhouse gas (GHG) net
intensity emissions by 35% by the end of 2024.
"Advancing ESG principles aligned with long-term value and
maintaining Coeur’s position as a leader in safe and responsible
mining remains our highest priority, reflecting our commitment to
Pursue a Higher Standard, as highlighted in our 2023 ESG Report. As
the global shift towards clean, renewable energy and increasing
technological advancement gains momentum, we take pride in our role
as a supplier of vital minerals for the future," stated Mitchell J.
Krebs, President and CEO. "We are committed to continually
improving and strengthening all aspects of ESG that are relevant to
our business, with the aim of maximizing long-term value."
A copy of the Report and a separate document containing ESG data
can be found on the Responsibility section of the Company’s
website:
https://www.coeur.com/responsibility/responsibility-overview/.
About Coeur
Coeur Mining, Inc. is a U.S.-based, well-diversified, growing
precious metals producer with four wholly-owned operations: the
Palmarejo gold-silver complex in Mexico, the Rochester silver-gold
mine in Nevada, the Kensington gold mine in Alaska and the Wharf
gold mine in South Dakota. In addition, the Company wholly-owns the
Silvertip polymetallic exploration project in British Columbia.
Cautionary Statements
This news release contains forward-looking statements within the
meaning of securities legislation in the United States and Canada,
including statements regarding the Company’s ESG goals, efforts,
achievements and strategies. Such forward-looking statements
involve known and unknown risks, uncertainties and other factors
which may cause Coeur’s actual results, performance or achievements
to be materially different from any future results, performance or
achievements expressed or implied by the forward-looking
statements. Such factors include, among others, the risk that
anticipated ESG goals are not attained, the risks and hazards
inherent in the mining business (including risks inherent in
developing large-scale mining projects, environmental hazards,
industrial accidents, weather or geologically-related conditions),
changes in the market prices of gold, silver, zinc and lead and a
sustained lower price or higher treatment and refining charge
environment, the uncertainties inherent in Coeur’s production,
exploratory and developmental activities, including risks relating
to permitting and regulatory delays, changes in mining laws, ground
conditions and, grade and recovery variability, any future labor
disputes or work stoppages (involving the Company and its
subsidiaries or third parties), the uncertainties inherent in the
estimation of mineral reserves, changes that could result from
Coeur’s future acquisition of new mining properties or businesses,
the loss of access or insolvency of any third-party refiner or
smelter to which Coeur markets its production, the potential
effects of future pandemics, including impacts to the availability
of our workforce, continued access to financing sources, government
orders that may require temporary suspension of operations at one
or more of our sites and effects on our suppliers or the refiners
and smelters to whom the Company markets its production and on the
communities where we operate, the effects of environmental and
other governmental regulations and government shut-downs, the risks
inherent in the ownership or operation of or investment in mining
properties or businesses in foreign countries, Coeur’s ability to
raise additional financing necessary to conduct its business, make
payments or refinance its debt, as well as other uncertainties and
risk factors set out in filings made from time to time with the
United States Securities and Exchange Commission, and the Canadian
securities regulators, including, without limitation, Coeur’s most
recent report on Form 10-K. 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 third parties in respect of Coeur, its financial
or operating results or its securities. This does not constitute an
offer of any securities for sale.
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version on businesswire.com: https://www.businesswire.com/news/home/20240423378577/en/
Investor Contact Jeff Wilhoit, Director, Investor Relations
312-489-5800
Media Contact Donna Sabido, Manager, Corporate Communications
847-962-7630
www.coeur.com
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