COEUR D'ALENE MINES APPOINTS MANAGERS FOR EXPANDING OPERATIONS IN CHILE.

COEUR D'ALENE, Idaho--(BUSINESS WIRE)--Nov. 7, 1994--With the continuing growth of its operations in Chile, Coeur d'Alene Mines Corp. today announced the appointment of three managers to top positions at its Chilean subsidiary and at an operating gold mine in that country.

Named as vice president of operations for CDE Chilean Mining Corp. is Hector Araya. Araya will be responsible for all CDE operations in Chile, including construction of the Fachinal open pit and underground mine in the southern part of the country, scheduled to begin production in the fourth quarter of 1995 at an initial annual rate of 41,000 ounces of gold and 2.6 million ounces of silver.

Araya will also oversee mine development relating to Coeur's recently acquired operating control of the El Bronce Mine north of Santiago, which currently produces approximately 40,000 ounces of gold annually, as well as the exploration work at the Faride mine and property, where Coeur has the right to acquire up to a 51 percent operating interest.

Most recently, Araya was general manager and president of Soc. Contractual Minera El Toqui, a Lac Minerals subsidiary producing gold and zinc in Chile. In his 28-year mining career, Araya has held various technical and professional mining positions in Chile, Honduras, and El Salvador. He is a graduate of the University of Santiago in civil mining engineering.

Jose San Francisco, who previously operated his own labor management consulting firm, has joined CDE Chilean Mining as Manager of Human Relations. He has a 30-year background in labor management and relations, specializing in the mining industry. San

Francisco recently was with Campania Minera El Indio, where he was responsible for labor relations, employee safety, employee training, and collective bargaining. San Francisco studied law at Catholic University of Santiago.

Also named was Jorge Aoun as Operations Manager at the El Bronce Mine. Aoun's 28-year mining career includes his recent position as mine manager for the Tambo Mine of El Indio, a gold-copper complex in Chile. He is a graduate of the Industrial Mines College in Las Serena.

CONTACT: Coeur d'Alene Mines Corp., Coeur d'Alene

Anthony R. Ebersole, 208/667-3511