Coeur Implements New Investor Relations Initiative.

Business Editors

COEUR D'ALENE, Idaho--(BUSINESS WIRE)--June 20, 2002

Coeur d'Alene Mines Corporation (NYSE:CDE) announced today the appointment of Mitchell J. Krebs to the position of Director of Corporate Development.

Mr. Krebs' primary responsibility will be to oversee Coeur's new investor relations program. He will also be responsible for overseeing the Company's relationship with Makovsky & Company, a leading global business communications and investor relations consulting firm headquartered in New York, NY.

Dennis E. Wheeler, Coeur's Chairman, President and Chief Executive Officer, commented, "Mitchell has been with Coeur since 1995, and has been intimately involved in the development and execution of Coeur's strategy over that period of time. Since returning to Coeur after earning his Masters in Business Administration from Harvard University in 1999, Mitchell has played key roles in several initiatives, including a major role in our recent debt restructuring and capital raising efforts. Also joining our new IR team will be Heather Turner, who currently spearheads Coeur's community relations efforts and has been with Coeur since 1996."

Mr. Wheeler also commented, "We are enthusiastic about our new relationship with Makovsky & Company, and look forward to benefiting from their expertise and creativity as we implement this new approach to communicating Coeur's exciting story. Not only will this approach be cost-effective, but we are confident it will lead to close, collaborative relationships with existing and prospective shareholders, local and national media, and the research analyst community."

Coeur d'Alene Mines Corporation is the country's largest silver producer, as well as a significant producer of gold. The Company has mining interests in Nevada, Idaho, Alaska, Argentina, Chile and Bolivia.