215466--3/2/2009--COEUR_D_ALENE_MINES

related topics

{cost, contract, operation}

{loss, insurance, financial}

{debt, indebtedness, cash}

{cost, regulation, environmental}

{gas, price, oil}

{operation, international, foreign}

{operation, natural, condition}

{cost, operation, labor}

{property, intellectual, protect}

{stock, price, operating}

{tax, income, asset}

{acquisition, growth, future}

We have significant demands on our liquidity. We may have to record write-downs of long-lived assets, which could negatively impact our results of operations. Our future operating performance may not generate cash flows sufficient to meet our debt payment obligations. We might be unable to raise additional financing necessary to conduct our business, make payments when due or refinance our debt. The Palmarejo project is in the beginning stages of commercial production and involves significant risks associated with the commencement of commercial production. Our revenues and income (or loss) from our interest in the Endeavor and Broken Hill mines are dependent in part upon the performance of the operators of the mine. The estimation of ore reserves is imprecise and depends upon subjective factors. Estimated ore reserves may not be realized in actual production. Our operating results may be negatively affected by inaccurate estimates. The estimation of the ultimate recovery of metals contained within the Rochester heap leach pad inventory is inherently inaccurate and subjective and requires the use of estimation techniques. Actual recoveries can be expected to vary from estimations. Our estimates of current and non-current inventories may not be realized in actual production and operating results, which may negatively affect our business. Silver mining involves significant production and operational risks. Coeur may suffer from the failure to efficiently operate its mining projects. Mineral exploration and development inherently involves significant and irreducible financial risks. Coeur may suffer from the failure to find and develop profitable mines. Significant investment risks and operational costs are associated with our exploration, development and mining activities. These risks and costs may result in lower economic returns and may adversely affect our business. The Company s marketing of metals concentrates could be adversely affected if there were to be a significant delay or disruption of purchases by its third-party smelter customers. In particular, a significant delay or disruption in our sales of concentrates as a result of the unexpected discontinuation of purchases by our smelter customers could have a material adverse effect on our operations. Our silver and gold production may decline, reducing our revenues and negatively impacting our business. There are significant hazards associated with our mining activities, some of which may not be fully covered by insurance. To the extent we must pay the costs associated with such risks, our business may be negatively affected. We are subject to significant governmental regulations, and their related costs and delays may negatively affect our business. Compliance with environmental regulations and litigation based on environmental regulations could require significant expenditures. We are required to obtain government permits to expand operations or begin new operations. The acquisition of such permits can be materially impacted by third-party litigation seeking to prevent the issuance of such permits. The costs and delays associated with such approvals could affect our operations, reduce our revenues and negatively affect our business as a whole. Our business depends on good relations with our employees. We are an international company and are exposed to risks in the countries in which we have significant operations or interests. Foreign instability or variances in foreign currencies may cause unforeseen losses, which may affect our business. Coeur is exposed to risks with respect to the legal systems in the countries in which it has significant operations or interests and resolutions of any disputes may adversely affect its business. Any of our future acquisitions may result in significant risks, which may adversely affect our business. Coeur is continuously considering possible acquisitions of additional mining properties or interests therein that are located in other countries, and could be exposed to significant risks associated with any such acquisitions. Our ability to find and acquire new mineral properties is uncertain. Accordingly, our prospects are uncertain for the future growth of our business. Third parties may dispute our unpatented mining claims, which could result in the discovery of defective titles and losses affecting our business. The market price of our common stock has been volatile and may decline. Conversion of the Senior Secured Floating Rate Convertible Notes will dilute the ownership interest of existing stockholders, including holders who had previously converted their Senior Secured Floating Rate Convertible Notes.

Full 10-K form ▸

215466--3/2/2009--COEUR_D_ALENE_MINES_CORP