Coeur Provides Update on San Bartolome Silver Project in Bolivia.

Construction Workers Surpass Milestone of One Million Man Hours Without a Lost Time Accident

Project Remains on Schedule and on Budget toward January 2008 Startup

COEUR D'ALENE, Idaho -- Coeur d'Alene Mines Corporation (NYSE:CDE) (TSX:CDM) today announced that construction workers at its large San Bartolome silver project in Bolivia have collectively surpassed the milestone of one million man-hours without a lost time accident, while remaining on schedule and on budget toward an anticipated January 2008 startup date. Through June 30, the project had posted 1,110,867 man-hours without a lost time accident.

The construction of San Bartolome, which is expected to produce approximately 9 million ounces of silver in its first year, currently employs approximately 1,100 workers through its South American Subsidiary Empresa Minera Manquiri, and its contractors, most of whom are Bolivians.

Site preparation work is essentially complete, and concrete foundation work is well advanced. Construction of the leach tanks is also well advanced, and all major contracts have been awarded.

"One million man-hours without a lost time accident is a major milestone for any mine, and with San Bartolome further demonstrates Coeur's worldwide approach to mine safety which has resulted in the safe working conditions and efficiency employed at our new silver mine," said Dennis E. Wheeler, Chairman, President and Chief Executive Officer of Coeur. "San Bartolome is not only bringing well-paying jobs to the people of Bolivia, it is doing so in a safe and productive work environment. We are extremely proud of the San Bartolome team, led by Jim Duff, all of Coeur's contractors, and the entire workforce in Bolivia for maintaining this positive construction momentum, while maintaining discipline over costs and schedule."

"This is the kind of safety and efficiency Coeur strives to bring to all its projects around the world," Wheeler added.

Additional photos of construction progress at San Bartolome are available on the Coeur website, www.coeur.com.

Coeur d'Alene Mines Corporation is one of the world's leading primary silver producers and a growing gold producer. The company has mining interests in Alaska, Argentina, Australia, Bolivia, Chile, Nevada, and Tanzania.

Cautionary Statement: Company press releases may contain numerous forward-looking statements within the meaning of securities legislation in the United States and Canada relating to the company's silver and gold mining business. Such statements are subject to numerous assumptions and uncertainties, many of which are outside the company's control. Operating, exploration and financial data, and other statements in this document are based on information the company believes reasonable, but involve significant uncertainties as to future gold and silver prices, costs, ore grades, estimation of gold and silver reserves, mining and processing conditions, construction schedules, currency exchange rates, and the completion and/or updating of mining feasibility studies, changes that could result from the company's future acquisition 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 the company's filings from time to time with the SEC and the Ontario Securities Commission, including, without limitation, the company's reports on Form 10-K and Form 10-Q. Actual results and timetables could vary significantly from the estimates presented. Readers are cautioned not to put undue reliance on forward-looking statements. The company disclaims any intent or obligation to update publicly such forward-looking statements, whether as a result of new information, future events or otherwise. Donald J. Birak, Coeur's Senior Vice President of Exploration, is the qualified person responsible for the preparation of the scientific and technical information in this document. Mr. Birak has reviewed the available data and procedures and believes the collection of exploration data and calculation of mineral reserves reported in this document was conducted in a professional and competent manner. For a description of the key assumptions, parameters and methods used to estimate mineral reserves and resources, as well as a general discussion of the extent to which the estimates may be affected by any known environmental, permitting, legal, title, taxation, socio-political, marketing or other relevant factors, please see the Technical Reports for each project as filed on SEDAR at www.sedar.com.