Coeur Names Chief Financial Officer and Chief Operating Officer

Coeur d′Alene Mines Corporation (NYSE:CDE) (TSX:CDM) today announced the
appointment of Frank L. Hanagarne Jr., as its new Chief Financial
Officer and Senior Vice President, effective October 1, 2011. Coeur also
announced that K. Leon Hardy, the Company′s Senior Vice President of
Operations, has been promoted to Chief Operating Officer and Senior Vice
President.

'We are very pleased to have Frank Hanagarne join our senior management
team as Chief Financial Officer,? said Mitchell J. Krebs, President and
Chief Executive Officer of Coeur. 'Frank brings to Coeur 29 years of
industry experience in the finance, operations, and business development
areas. Frank will lead the Company′s efforts to further strengthen its
financial position, deploy the Company′s growing cash flow in
value-creating ways, and provide his broad base of expertise throughout
the organization.

'In addition, Leon Hardy has led the Company′s efforts to bring new,
large mines into production in rapid succession. Going forward, Leon
will focus on bringing operational consistency and efficiency to our
portfolio of mines in his new role of Chief Operating Officer.?

Mr. Hanagarne was most recently Chief Operating Officer of Valcambi, SA,
a precious metal refiner in Switzerland, in which Newmont Mining
Corporation has an equity interest. Prior to his appointment as
operations head of Valcambi in early 2011, Mr. Hanagarne was a Director
of Corporate Development for Newmont.

Mr. Hanagarne′s 17 years of service at Newmont has included positions of
increasing responsibility within key areas of Newmont′s operations and
business functions as well as environmental, health and safety. He has a
Master′s degree in Business Administration from the University of
Nevada, Reno, and a Bachelor of Metallurgical Engineering degree from
the New Mexico Institute of Mining and Technology.

Mr. Hardy joined Coeur in 2003 and served as Vice President and General
Manager of Coeur Argentina. He was named Senior Vice President of North
America in 2008 and has been Senior Vice President of Operations since
early 2010. Prior to Coeur, he had been the consulting operations
manager for Apex Silver′s San Cristobal mine in Bolivia from 1999 to
2001 and was Operations Manager of Minera Alumbrera in Argentina from
1996 to 1998. He also served with Cyprus Amax Minerals Company for 18
years, where he held several mine management positions with increasing
responsibility.

About Coeur

Coeur d′Alene Mines Corporation is the largest U.S.-based primary silver
producer and a growing gold producer. The Company has three new, large
precious metals mines generating significantly higher production, sales
and cash flow in continued strong metals markets. In 2011, Coeur will
realize the first full year of production and cash flow from all three
of its new, 100%-owned mines: the San Bartolom? silver mine in
Bolivia, ?the Palmarejo silver-gold mine in Mexico, and
the ?Kensington ?gold mine in Alaska. In addition, the Company is
expecting new production from its long-time Rochester silver-gold mine
in Nevada in the fourth quarter of 2011. The Company also owns a
non-operating interest in a ?low-cost mine in Australia,
and ?conducts ?ongoing exploration activities near its operations in
Argentina, Mexico, Alaska, and Nevada.

Photos of projects and other information can be accessed through the
Company′s website at www.coeur.com.

Cautionary Statement

This news release contains forward-looking statements within the meaning
of securities legislation in the United States and Canada. Words such as
'expects,? 'goals,? 'plans,? 'believes,? 'continues,? 'may,? 'will? and
similar expressions are intended to identify forward-looking statements.
Examples of forward-looking statements include, but are not limited to,
statements we make regarding anticipated operating results. These
statements are based on information that Coeur believes is reasonable,
but involve significant uncertainties affecting the business of Coeur
that could cause actual results to differ materially from those in the
forward-looking statement including, but not limited to, future gold and
silver prices, costs, ore grades, estimation of gold and silver
reserves, mining and processing conditions, construction schedules,
currency exchange rates, the expected cost of capital expenditures and
the completion and/or updating of mining feasibility studies, changes
that could result from future acquisitions of new mining properties or
businesses, the risks and hazards inherent in the mining business
(including environmental hazards, industrial accidents, weather or
geologically related conditions), regulatory and permitting matters,
risks inherent in the ownership and operation of, or investment in,
mining properties or businesses in foreign countries, as well as other
uncertainties and risk factors set out in filings made from time to time
with the United States Securities and Exchange Commission, and the
Canadian securities regulators, including, without limitation, Coeur′s
reports on Form 10-K and Form 10-Q. Actual results could vary
significantly from the estimates presented. Readers are cautioned not to
put undue reliance on forward-looking statements. Coeur disclaims any
intent or obligation to update publicly such forward-looking statements,
whether as a result of new information, future events or otherwise.
Additionally, Coeur undertakes no obligation to comment on analyses,
expectations or statements made by third parties in respect of Coeur,
its financial or operating results or its securities.

Coeur d′Alene Mines Corporation

Investor Relations

Wendy Yang,
208-665-0345

or

Corporate Communications

Tony Ebersole,
208-665-0777