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COEUR D'ALENE MINES ANNOUNCES IMPLEMENTATION OF FAS 109

 COEUR D'ALENE, Idaho, March 26 /PRNewswire/ -- Coeur d'Alene Mines Corp. (NYSE: CDE) announced that, as reported in its Annual Report on Form 10-K for the year ended Dec. 31, 1992, filed today with the Securities and Exchange Commission, it will recognize a non-cash, non- recurring gain estimated to be approximately $5 million in the first quarter of 1993 as a result of the required implementation of Statement of Financial Accounting Standards No. 109. FAS 109 requires the use of the liability method for income tax accounting and the adjustment of deferred tax balances for income tax rate changes.
 -0- 3/26/93
 /CONTACT: Arthur C. Johnson, investor relations manager, of Coeur d'Alene Mines, 208-667-3511/
 (CDE)


CO: Coeur d'Alene Mines Corp. ST: Idaho IN: MNG SU:

TP-LM -- SE004 -- 0110 03/26/93 14:12 EST
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Date:Mar 26, 1993
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