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Friday
Jan102014

CEO Of Coeur Mining Inc, A Silver Mining Company, Talks Markets, Returns and Corporate Culture: Q&A

on January 10 2014 6:04 AM

Top U.S. silver mining company Coeur Mining Inc (NYSE:CDE) spoke with International Business Times about its business, the silver market and industry, and the corporate culture within mining companies.

The $1.1 billion company, which calls itself the largest U.S.-based primary silver producer, lost about $69 million over the past three quarters, in a difficult commodities market. It notched annual losses from 2008 to 2011, but recovered in 2011 and 2012.

Edited excerpts from a phone conversation with Coeur CEO Mitchell Krebs follow.

How has the silver price decline in 2013 affected your business? (Silver fell 36 percent in 2013, the second-worst performer among commodities after corn, and worse still than gold’s much publicized 28 percent swoon.)

Please click here to read this interview in full.

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