Video News/Mining Forum Americas 2025

Coeur Mining (NYSE: CDE) President and CEO Mitch Krebs says years of investment are now paying off as silver prices surge and the company integrates SilverCrest’s Las Chispas mine in Mexico. Speaking with Kitco Mining at Mining Forum Americas 2025, he said, “It’s just really rewarding to see and to see people high-fiving and backslapping and congratulating and getting some wins after what’s been a tough few years.” Silver has moved above US$42 per ounce, with Krebs noting, “Now we finally have both, and I think that’s what’s really kind of at a basic level, what’s propelling silver.” Coeur’s turnaround is reflected in EBITDA, expected to rise from US$142 million in 2023 to more than US$900 million in 2025, while free cash flow shifts from negative US$300 million to over US$500 million. Catalysts include the Rochester expansion in Nevada, stronger output from Kensington in Alaska, and continued ramp-up at Las Chispas.