Coeur Mining / CDE (NYSE)

  • Verstaatlichung der bolivischen Rohstoffe stockt


    Guarani-Indianern ist ihr Präsident Morales zu bürgerlich/Proteste im Süden des Landes


    Von Falk Hornuß



    Bild: Valter Campanatno/ABr


    Evo Morales, ein Aymara-Indio, ist seit einem Jahr Präsident Boliviens. Am 1. Mai 2006 verstaatlichte der Sozialist Morales die Erdgasindustrie des Landes. Er erfüllte mit diesem international umstrittenen Schritt sein Wahlversprechen gegenüber der indianischen Bevölkerung. Trotz seines Reichtums an Bodenschätzen (früher Silber und Zinn, heute Erdgas) ist Bolivien eines der ärmsten Länder Südamerikas. Vielen Indianern geht Morales Verstaatlichungskurs allerdings nicht weit genug. Deshalb gehen sie nun auf die Barrikaden.


    Im Süden Boliviens haben sich die Guarani-Indianer jetzt mit Gewerkschaftern zusammengeschlossen. Seit einer Woche protestieren sie laut der â“Jungen Weltâ“ mit Straßensperrungen für eine „žvollständige Verstaatlichung“ der Rohstoffreserven. Zudem wurde für mehrere Stunden eine Erdgasleitung unterbrochen. Die Sicherheitskräfte beendeten diese Blockade gewaltsam. Dabei gab es zehn Verletzte. Die Mitglieder des Bürgerkomitees werfen der Regierung Morales vor, den im Land operierenden Konzernen zu weit entgegengekommen zu sein.


    In Bolivien arbeiten die 12 ausländischen Konzerne mit neuen Verträgen in der Erdgas- und Erdölproduktion im Süden und Osten des Landes weiter, doch sie halten sich momentan mit Neuinvestitionen zurück. Es sind denn auch die politisch ähnlich veranlagten Regierungen der Nachbarstaaten Argentinien und Brasilien, die ihre Konzerne zwangen, auf die Forderungen von Morales bereitwillig einzugehen. Bolivien erhält nun offiziell statt 18 Prozent Anteil am geförderten Gas und Erdöl deren 82 Prozent. Doch auch schon vorher gab es Sondersteuern, die den Staatsanteil auf bis zu knapp 50 Prozent brachten.


    Den bolivianischen Bergbausektor erwarten vielleicht bald ähnliche Entwicklungen. Da drohen Konflikte mit der eigenen Basis, sind in diesem Bereich doch viele kleine Kooperativen tätig. Die Regierung will auch den ehemals staatlichen Telekommunikationskonzern Entel wieder unter ihre Kontrolle bringen. Dieser war erst 1996 privatisiert worden. Die Aussichten für Boliviens Wirtschaft sind daher momentan nur schwer zu beurteilen. Wirklich schlecht sind sie aber kaum. Doch noch fehlt dem Land hauptsächlich Industrie.


    Erschwert wird die innenpolitische Lage Boliviens durch Autonomiebestrebungen einzelner Landesteile. Dazu gab es bereits eine Volksabstimmung. In den vier östlichen reichsten Departaments des Tieflandes stimmte die eher europäisch-stämmige Bevölkerung für die Einführung einer föderalen Staatsstruktur mit regionaler Autonomie, in den fünf westlichen Departaments im indianischen Hochland (Chuquisaca, Cochabamba, Oruro, La Paz und Potosí) lehnte die Bevölkerung dagegen die Autonomiebestrebungen ab und stimmte für die Beibehaltung eines zentralistischen Staats. Die angestrebte Verfassungsreform kommt deshalb nicht voran. Denn Morales sozialistische MAS hat keine Zweidrittel-Mehrheit.


    Veröffentlicht: 7. Februar 2007

  • ?( 8o :(


    Feb. 8, 2007, 7:13PM
    Bolivia to Nationalize Mineral Plant


    By CARLOS VALDEZ Associated Press Writer
    © 2007 The Associated Press
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    LA PAZ, Bolivia — President Evo Morales said Thursday he would nationalize a mineral processing plant owned by the Swiss mining company Glencore International AG, the first step of his plan to take control over a larger share of Bolivia's mineral wealth.


    Morales did not state the terms under which his government would take over the Vinto plant on the outskirts of the city of Oruro, 110 miles southeast of La Paz.


    But the president said the plant would be nationalized by a decree to be issued Friday, saying there had been a lack of transparency in its financial dealings without providing details.


    "Companies that respect Bolivian laws, that do not steal money from the Bolivian people, will be respected," Morales said Thursday to community leaders in Oruro ahead of the city's Carvinal celebration next week. "But if the companies do not respect the laws, I have no other alternative than to recover those companies."


    Offices of Glencore's Bolivian affiliate Sinchi Wayra were closed Thursday evening and company officials could not immediately reached for comment.


    The announcement marks the first step in Morales' plans to nationalize Bolivia's mining industry, though how the process will continue still remains unclear.


    All of Bolivia's extensive mineral deposits are already owned by the government, which operates a handful of mines through the state mining company Comibol. The rest are mined through concessions granted by the state to independent miners' cooperatives or international companies, including Glencore and U.S.-based companies Coeur d'Alene Mines and Apex Silver Mines Ltd.


    Rising international metal prices, fed in part by demand from China, doubled the value of Bolivia's mineral exports to more than $1 billion last year from $547 million in 2005. The metals _ mostly zinc, silver, gold and tin _ together represent Bolivia's largest export after natural gas.


    Despite the sharp increase, the Bolivian government collected only $45.5 million in mining taxes last year. Morales has proposed a tax hike that aims to boost the government's take to as much as $300 million.


    Earlier this week more than 20,000 members of independent miners' cooperatives marched into the capital of La Paz to protest the tax increase, hurling dynamite and blocking traffic in the city center. Morales agreed to freeze the miners' taxes and instead direct the tax hike at larger private mining companies operating in Bolivia.


    The Vinto plant _ which refines ore containing tin, lead and silver _ has a strong symbolic value in Bolivia. After its 1996 privatization, the plant was bought by Comsur, a private mining company whose largest stockholder at the time was former Bolivian President Gonzalo Sanchez de Lozada.


    Lozada fled Bolivia in October 2003 during riots against his administration, and is still sought by the Bolivian authorities in connection with a crackdown on the protests that left more than 60 Bolivians dead.


    Glencore bought the plant from Comsur in 2004.

  • COEUR D'ALENE, Idaho, Feb 08, 2007 (BUSINESS WIRE) -- James A. Sabala, Executive Vice President and Chief Financial Officer of Coeur d'Alene Mines Corporation (CDE: Coeur d'Alene Mines Corporation) , will speak at the Wall Street Analyst Forum's 18th Annual Conference in New York City on February 14 at 10:30 a.m. Eastern time. Mr. Sabala will present an overview of the company's strategy and provide a detailed description of Coeur's San Bartolome silver project in Bolivia.
    The slides used by Mr. Sabala will be available in the Investor Relations section of Coeur's web site, http://www.coeur.com.
    Coeur d'Alene Mines Corporation is one of the world's leading primary silver producers and has a strong presence in gold. The company has mining interests in Alaska, Argentina, Australia, Bolivia, Chile, and Nevada.

  • An der Coeur d'Alene verliere ich langsam die Lust.
    Da bin ich deftig im Keller. Das dürfte ein Bolivien-Abschlag sein.


    Ich bin kurz davor, dass Ding mit Verlusten zu verkaufen und in eine Andere Mine zu tauschen.


    Wenn ich das mache, dann geht sie wahrscheinlich anschließend durch die Decke :( !

    • Offizieller Beitrag

    Lassen wir vorerst mal Bolivien und Venezuela in den Keller sausen. Danach kann man wieder kaufen. Die ganze Minen- und Aufbereitungstechnologie muss importiert werden, das meiste Know-how ebenso.


    'Volksbeglücker-Präsidenten' kommen auch wieder mal auf die Erde zurück. Und wenn die eigenen Anhänger versaueren, weil der seine Wahlversprechen nicht einhalten kann (welcher Politiker kann schon Wahlversprechen einhalten? ) dann schwingt das Pendel wieder zurück.


    Dumm, wer aktuell dort Klumpenrisiken hat. Sollte man nie, nie haben :)


    Lucky

    "Das einzige Geld, auf das ich mich verlassen kann, ist das Gold, das ich besitze" J.Sinclair
    "Omikron ist die Impfung, die herzustellen man verpasst hat" Lungenfacharzt in Uganda
    "The whole game is rigged" Gerald Celente

  • Politische Börsen sind Kaufbörsen....


    Na, ich weiss nicht so recht. Dazu folgendes Zitat von heute:
    Bolivia’s Vice President Alvaró García Linera Monday said the nationalization of Vinto is irreversible and will generate $6 million for the state. ''During the last 20 years Bolivia lived under the illusion that the foreign investment and growth, but in fact the state was benefited in nothing,” he declared. With the seizure of Vinto, García Linera insisted that “it doesn’t matter what difficult we can have, we have reason on our side, we have history on our side.”


    http://www.mineweb.net/whats_new/627167.htm


    VG heron

    • Offizieller Beitrag
    Zitat

    Original von heron


    Politische Börsen sind Kaufbörsen....


    VG heron


    Natürlich erst dann, wenn praktisch niemand etwas davon im Depot hat, niemand etwas davon haben will, sondern froh ist, Reste billigst abstossen zu können, niemand davon spricht oder zu sprechen wagt (=5 Daumen runter bei GS 8) )und die Kurse auf 1 Prozent (oder weniger) ihrer Höchstkurse gefallen sind, oder gar keine Kurse mehr gestellt werden können (dann wird aber das Kaufen umständlicher).


    Klassebeispiel aus der Schweiz: ABB-Aktie vor wenigen Jahren. Kenne Leute, die sind damit Millionäre geworden, als die nahe beim extremen Tief eingestiegen sind (ich leider nicht, hatte auch den Polit-Bammel :rolleyes: ). Steuerfrei! :D


    Lucky

  • Bolivia says won't nationalize silver mine - Coeur


    The head of a U.S. silver company developing a mine in Bolivia said on Wednesday he does not believe the leftist government there will nationalize foreign mining operations.


    But President Evo Morales does want foreign mining operations in his country to pay higher taxes, Dennis Wheeler, chief executive of Coeur d'Alene Mines Corp. (CDE.N: Quote, Profile , Research) told Reuters.


    "I do not think there is any suggestion of wanting to nationalize any mining projects. To the contrary, I was given a specific affirmation" about Coeur's San Bartoleme silver mine in Bolivia, he said.

  • Ah, vielen Dank heron, das tut gut und erklärt auch, warum CDE und auch SIL so hochknallen. Hab mich schon gewundert!!!!


    Lucky: Ich hab mit ABB auch gut Kohle gemacht, hat zwar nicht zum Müllionär gereicht, aber immerhin war das von der Quantität und vom Gefühl her mein bestes Invest. Leider hat mich ein SL zu früh rausgehauen. EK 5,44 raus zu 13,01. Wenn es korrigiert, deck ich mich damit wieder ein, super Aktie, klasse Management, hervorragende Aussichten. Und irgendwas braucht man ja noch neben Edelmetallen!


    viele Grüße 8)

    • Offizieller Beitrag

    Hallo 5vor12,


    habe meine stopp-losses nur mental, nie imSystem des brokers. Dafür geht auch auf diese Weise halt mal was schief ;)


    Lucky

  • das war eines der schlimmsten Lehrgelder meines Börsenlebens. Ich war völlig lang in ABB, aber hab den SL zu kurz gesetzt, war auch eher so aus einer Laune. Dann, per SL-Fishing rausgefischt worden. Naja, hab ja dennoch gut Gewinn gemacht, aber muss halt einen Teil versteuern. Aber wenn ABB noch mal runter geht, bin ich auf jeden Fall wieder dabei. Klasse Firma, hätte man damals zu 0,50 kaufen sollen. Ist jetzt bei 14. Das sind Renditen, die findet man selten.



    Gruß Fünfvorzwölf 8)


    PS: hatte meine SL vorher auch im Kopf, aber hatte so einen Tag, dachte ich hab keine Zeit mich um die Börse zu kümmern, also setze ich einen SL. So kanns gehen, heute hab ich alles auch nur mental. :)

  • COEUR D'ALENE, Idaho, Feb 15, 2007 (BUSINESS WIRE) -- Coeur d'Alene Mines Corporation (CDE: Coeur d'Alene Mines Corporation) (CA:CDM) will report its fourth quarter and year-end 2006 results on Thursday, February 22, 2007 before the New York Stock Exchange opens for trading. There will be a conference call that day at 1:00 p.m. Eastern time.


    Dial-In Numbers: 877-704-5378 (US and Canada)
    913-312-1292 (International)




    The conference call and presentation will also be web cast on the company's web site http://www.coeur.com.
    Hosting the call will be Dennis E. Wheeler, Chairman, President and Chief Executive Officer of the company, who will be joined by James A. Sabala, Executive Vice President and Chief Financial Officer, and other members of management.
    A replay of the call will be available through February 28, 2007. The replay dial-in numbers are 888-203-1112 (US and Canada) and 719-457-0820 (International) and the access code is 1047459. In addition, the call will be archived for a limited time on the company's web site.
    Coeur d'Alene Mines Corporation is one of the world's leading primary silver producers and has a strong presence in gold. The company has mining interests in Alaska, Argentina, Australia, Bolivia, Chile, and Nevada.

  • COEUR D'ALENE, Idaho, Feb 27, 2007 (BUSINESS WIRE) -- Dennis E. Wheeler, Chairman, President and Chief Executive Officer of Coeur d'Alene Mines Corporation (CDE: Coeur d'Alene Mines Corporation) (CA:CDM) , will speak at the Merrill Lynch Silver Conference in Toronto on March 7 at 10:25 a.m. Eastern time. Mr. Wheeler will summarize the company's strategy and recent financial performance, and will provide an update on the Kensington and San Bartolome development projects. The slides used by Mr. Wheeler will be available in the Investor Relations section of Coeur's web site, http://www.coeur.com, on March 7.
    Donald J. Birak, Senior Vice President of Exploration for Coeur d'Alene Mines Corporation, will present a technical paper in an Open Session of the 2007 Prospectors & Developers Association of Canada (PDAC) International Convention in Toronto. The presentation will be given on March 6 at 2:25 p.m. Eastern time. Mr. Birak will discuss the geology of the Company's Cerro Bayo and Martha high-grade epithermal silver and gold deposits in Chile and Argentina. The slides used by Mr. Birak will be available in the Investor Relations section of the Coeur website, http://www.coeur.com, on March 6.
    Coeur d'Alene Mines Corporation is one of the world's leading primary silver producers and has a strong presence in gold. The company has mining interests in Alaska, Argentina, Australia, Bolivia, Chile, Nevada and Tanzania.

  • COEUR D'ALENE, Idaho, Mar 21, 2007 (BUSINESS WIRE) -- Coeur d'Alene Mines Corporation (CDE: Coeur d'Alene Mines Corporation) (CA:CDM) announced today that it will construct a flotation mill at the company's Martha mine in the province of Santa Cruz, Argentina, at a cost of $13.9 million. The design of the mill would accommodate annual silver production of as much as 3 million ounces. Completion is expected by the end of the year.
    The company's continued success in expanding the high-grade reserves and resources at Martha, as well as the mine's significant exploration upside, are key reasons for deciding to create a standalone operation at Martha. As previously announced, Martha reported a 50 percent increase in proven and probable silver mineral reserves as of the end of 2006 as compared to 2005.
    In 2006, the average grade of proven and probable silver mineral reserves also increased, to more than 61 ounces of silver per ton, which ranks among the world's highest silver grades. Additionally, in 2006, the company acquired interests in four highly prospective silver-gold exploration properties in Santa Cruz and has budgeted more than $4.6 million for exploration in Santa Cruz in 2007.
    The mill also will enable Martha to reduce its cash operating cost by processing ore on site. Currently, Martha's ore is processed at the company's Cerro Bayo facilities in Chile. In 2006, Martha produced approximately 2.7 million ounces of silver and more than 3,400 ounces of gold.
    Dennis E. Wheeler, Coeur's Chairman, President, and Chief Executive Officer, said, "Not only does the mill create value for the company, but it will provide new jobs and generate positive economic activity in the region, where mining continues to be of growing importance. In addition, we are particularly pleased and grateful to have the support of the provincial government and federal mining authorities as we begin to move forward with this project."
    Coeur originally acquired Martha in 2002 for $2.5 million. Since that time, the company has mined more than 9.5 million ounces of silver there.
    Coeur d'Alene Mines is one of the world's leading primary silver producers and has a strong presence in gold. The company has mining interests in Alaska, Argentina, Australia, Bolivia, Chile, Nevada and Tanzania.

  • COEUR D'ALENE, Idaho, Mar 26, 2007 (BUSINESS WIRE) -- Coeur d'Alene Mines Corporation (CDE: Coeur d'Alene Mines Corporation) (CA:CDM) announced today that it plans to nominate Sebastian Edwards, 53, to stand for election to the company's board of directors at the annual meeting of its stockholders on May 8, 2007.
    Mr. Edwards is Henry Ford II Professor of International Business Economics at the Anderson Graduate School of Management at the University of California, Los Angeles (UCLA). He has more than 30 years of varied experience in international finance and economics. In addition to his professorship at UCLA, he is Chairman of the Inter American Seminar on Economics; is a member of the Scientific Advisory Council of the Kiel Institute of World Economics in Germany; and is a research associate at the National Bureau of Economic Research. He is the author of numerous books and articles and regularly speaks before groups interested in world economic affairs.
    Mr. Edwards previously served as Chief Economist for the World Bank for the Latin America and Caribbean Region and as President of the Latin American and Caribbean Economic Association. He also previously taught at IAE Universidad Austral in Argentina and at the Kiel Institute.
    A native of Santiago, Chile, Mr. Edwards holds Ph.D and M.A. degrees in Economics from the University of Chicago and completed his undergraduate work at the Universidad Catolica in Chile.
    Dennis E. Wheeler, Coeur's Chairman, President, and Chief Executive Officer, said, "With the depth and breadth of his international experience and his particular focus on South America -- where Coeur has three major investments -- we believe Sebastian will provide an added dimension to our board. We look forward to working with him and appreciate his decision to join the board."
    Coeur d'Alene Mines Corporation is one of the world's leading primary silver producers and has a strong presence in gold. The company has mining interests in Alaska, Argentina, Australia, Bolivia, Chile, Nevada and Tanzania.

  • Sound Advice, unlike Outstanding Investments, is not ideologically committed to oil and gold. But it does say in its most recent issue, "the dollar has not finished dropping, so keep precious metals in your portfolio." It specifically mentions Coeur d'Alene Mines Corp. (CDE: Coeur d'Alene Mines Corporation).

  • COEUR D'ALENE, Idaho, Apr 05, 2007 (BUSINESS WIRE) -- Coeur d'Alene Mines Corporation (CDE: CDE) announced that it is today furnishing to the U.S. Securities and Exchange Commission copies of its annual report to shareholders for the year ended December 31, 2006. The annual report, which is being mailed to shareholders along with the proxy statement relating to the annual meeting of shareholders to be held on May 8, 2007, and posted on the company's website ( http://www.coeur.com), includes a copy of the Company's Form 10-K for that year that was filed with the SEC on February 22, 2007. Shareholders may receive free of charge upon request a hard copy of the annual report.
    Coeur d'Alene Mines Corporation is one of the world's leading primary silver producers and has a strong presence in gold. The company has mining interests in Alaska, Argentina, Australia, Bolivia, Chile, Nevada and Tanzania.
    SOURCE: Coeur d'Alene Mines Corporation

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