Metal/Mining: Coeur d'Alene Mines Corporation

Coeur d'Alene Mines Corporation
(NYSE:CDE)(TSX:CDM)(ASX:CXC) announced today that its Cerro Bayo Mine in southern Chile has resumed operations after a temporary suspension to upgrade the mine's electrical infrastructure.

The Company had announced on April 8th that the mine would cease operations for six weeks. The mine was able to re-commence operations sooner than planned due to rapid mobilization of contractors, expedited procurement of materials, and participation of the mine's own workforce to assist with the work.

These electrical upgrades were part of Cerro Bayo's ongoing recovery plan which has improved operations and lowered costs. Key components of this plan include increased underground mine development for improved operational flexibility, reduced manpower, improved workforce training and supervision, and more efficient mining.

About Coeur

Coeur d'Alene Mines Corporation is one of the world's leading silver companies and also a significant gold producer, with anticipated 2008 production of approximately 16 million ounces of silver, a 40% increase over 2007 levels. Coeur, which has no silver or gold production hedged, is now set to begin producing silver at the world's largest pure silver mine - San Bartolom? in Bolivia ? and is currently constructing another world-leading silver mine ? Palmarejo in Mexico.

The Company also operates two underground mines in southern Chile and Argentina and one surface mine in Nevada; and owns non-operating interests in two low-cost mines in Australia.

The Company also owns a major gold project in Alaska and conducts exploration activities in Argentina, Bolivia, Chile, Mexico and Tanzania. 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 press release 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 third parties in respect of Coeur, its financial or operating results or its securities. Donald J. Birak, Coeur's Senior Vice President of Exploration, is the qualified person responsible for the preparation of the scientific and technical information concerning Coeur's mineral projects in this news release. For a description of the key assumptions, parameters and methods used to estimate mineral reserves and resources, as well as a general discussion of the extent to which the estimates may be affected by any known environmental, permitting, legal, title, taxation, socio-political, marketing or other relevant factors, please see the Technical Reports for each of Coeur's properties as filed on SEDAR at www.sedar.com.

Cautionary Note to U.S. Investors ? The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms on this press release, such as "measured,""indicated," and "inferred""resources," which the
SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. investors are urged to consider closely the disclosure in our Form 10-K which may be secured from us, or from the SEC's website at http://www.sec.gov/edgar.shtml.

Coeur d'Alene Mines CorporationKarli Anderson, 208-665-0345
(Investor Contact)Director of Investor RelationsTony Ebersole, 208-665-0777
(Media Inquiries)Director of Corporate Communications
KEYWORD:
Australia United States North America South America Canada Australia/Oceania Chile Idaho
INDUSTRY KEYWORD: Natural Resources Mining/Minerals
CATEGORY KEYWORD: Source: Coeur d'Alene Mines Corporation
Copyright Business Wire 200

Coeur announces proposed offering of $150 million of convertible notes

Coeur D'Alene, Idaho (BUSINESS WIRE) - Coeur d'Alene Mines Corporation (NYSE:CDE) (TSX:CDM) (ASX:CXC) announced today that it intends to offer $150 million in aggregate principal amount of convertible senior unsecured notes under an effective shelf registration statement on file with the U.S. Securities and Exchange Commission.

The Company intends to grant the underwriters of the proposed offering an option to purchase up to an additional $22.5 million aggregate principal amount of notes solely to cover over-allotments. Deutsche Bank Securities Inc. and J.P. Morgan Securities Inc. will be the underwriters of the offering with Deutsche Bank Securities Inc. acting as sole book-running manager. The interest rate, conversion premium and other terms of the notes will be determined at the time of pricing of the offering.

The notes will be convertible, under certain circumstances, into shares of the Company's common stock and will provide for "net share settlement" of any conversions, which limits the number of shares of common stock to be issued in the future.

Pursuant to this feature, upon conversion of the notes, the Company (1) will pay the note holder an amount in cash equal to the lesser of the conversion obligation or the principal amount of the notes, and (2) will settle any excess of the conversion obligation above the notes' principal amount in the Company's common stock, cash or a combination thereof, at the Company's election.

The Company intends to use the proceeds of this offering to complete the construction of the San Bartolom silver project in Bolivia and fund construction of the Palmarejo silver/gold project in Mexico.

Any additional remaining proceeds may be used to repay borrowings under the Company's bridge loan facility and bank facility and for general corporate purposes.

Holders of the notes may require the Company to repurchase the notes on specified dates and if the Company is involved in certain types of corporate transactions or other events constituting a fundamental change.

The Company has filed a preliminary prospectus supplement with the Securities and Exchange Commission ("SEC") relating to the proposed public offering of the convertible senior notes.
Copies of this preliminary prospectus supplement may be obtained from Deutsche Bank Securities Inc. Prospectus Department, 100 Plaza One, Jersey City, NJ 07311-3901, by telephone toll free at 1-800-503-4611, or by email at prospectusrequest@list.db.com.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy convertible senior notes nor shall there be any sale of such securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

A registration statement relating to these securities (including a prospectus and applicable prospectus supplement) has been filed with the SEC. Prospective investors should read the prospectus, prospectus supplement, the registration statement and other documents that Coeur d'Alene Mines Corporation has filed with the SEC for more complete information about the Company and this offering.

These documents are available at no charge by visiting EDGAR on the SEC's Web site at http://www.sec.gov.

About Coeur Coeur d'Alene Mines Corporation is one of the world's leading silver companies and also a significant gold producer. Coeur, which has no silver or gold production hedged, is presently constructing two of the world's largest silver mines, San Bartolom, in Bolivia and Palmarejo in Mexico; operates two underground mines in southern Chile and Argentina and one surface mine in Nevada; and owns non-operating interests in two low-cost mines in Australia.

The Company also owns a major gold project in Alaska and conducts exploration activities in Argentina, Bolivia, Chile, Mexico and Tanzania.

Coeur currently expects to produce approximately 16 million ounces of silver in 2008, representing nearly a 40 per cent increase over 2007 silver production levels.

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 may contain forward-looking statements within the meaning of securities legislation in the United States, Canada, and Australia, including statements regarding the offering and the use of the net proceeds from the offering.
These forward-looking statements involve risks and uncertainties.

Factors that could cause actual events to differ materially from those predicted in such forward-looking statements include market conditions, potential fluctuations in the Company's stock price, management's broad discretion over the use of the net proceeds of the offering, changes in U.S. generally accepted accounting principles or in their interpretation.
Certain of these risks and others are detailed from time to time in Company's periodic reports filed with the Securities and Exchange Commission, including, but not limited to, its annual report on Form 10-K for the year ended December 31, 2007 and in the registration statement. 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.

Investor ContactCoeur dAlene Mines Corporation Director, Investor Relations North America Tony Ebersole, 208-665-0777 or Director, Investor Relations Australia and Asia John Blue, 011-612-8249-4543