Zeev's Turnips Patch-No Politics (ZEEV)

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*** Silver related post (CDE) ***


Coeur Reviewing Strategic Alternatives for Silver Valley Assets

Tuesday January 31, 8:10 pm ET

COEUR D'ALENE, Idaho, Jan. 31 /PRNewswire-FirstCall/ -- Coeur d'Alene Mines Corporation (NYSE: CDE - News; TSX: CDM - News), the world's largest primary silver producer and a growing gold producer, announced today that it is reviewing strategic alternatives for its Coeur Silver Valley (CSV) assets in Idaho. CSV includes the Galena silver mine and related properties. Strategic alternatives under consideration include a possible sale of the subsidiary.

Coeur's decision to explore strategic alternatives for CSV resulted from the previously disclosed review of Galena's mine plan, which was originally undertaken to identify ways to improve operating performance.

"We continue to believe that there is value in Galena and the related assets that form Coeur Silver Valley in Idaho," said Dennis E. Wheeler, Coeur's Chairman, President, and Chief Executive Officer. "Our task is to find the best way to realize that value for the benefit of employees, investors, and the local community. At the same time, we see opportunities to deploy our capital much more efficiently in connection with high-growth silver opportunities in other areas, such as our South American properties."

The company expects to complete the review during the first quarter of 2006.

Coeur d'Alene Mines Corporation is the world's largest primary silver producer and a growing gold producer. The Company has mining interests in Alaska, Argentina, Australia, Bolivia, Chile, Nevada, and Idaho.


Investor Contact
Scott Lamb
Vice President of Investor Relations
208-665-0777

http://biz.yahoo.com/prnews/060131/sfw188.html?.v=1