67 WALL STREET, New York - December 3, 2013 - The Wall Street Transcript has just published its Gold and Precious Metals Report offering a timely review of the sector to serious investors and industry executives. This special feature contains expert industry commentary through in-depth interviews with public company CEOs and Equity Analysts. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.
Topics covered: Precious Metals - Lower Gold Price Environment - Precious Metals Exploration and Production - Increasing Capital Expenditures - Emerging Markets Silver Consumption - Mining Safety and Environmental Concerns
Companies include: Coeur Mining, Inc. (CDE) and many more.
In the following excerpt from the Gold and Precious Metals Report, the President and CEO of Coeur Mining, Inc. (CDE) discusses company strategy and the outlook for this vital industry:
TWST: What factors do you see as having the greatest impact on Coeur's share price and mining production in recent quarters? Do you see any changes ahead that could impact either one?
Mr. Krebs: Of course, the easy answer is prices. If silver and gold prices go up, our share price will most likely go up. That can, of course, cut both ways. However, on a company-specific basis, consistency in our operating performance is something that, although it doesn't sound like a big goal, is really much harder to achieve than it sounds. As we continue to see the benefits of the transformation that we have undertaken here, we have brought in the technical and operating talent to help us with planning and execution at our operations. That consistency can lead to consistent cash flow. Consistent cash flow allows us to make better decisions about how to allocate and deploy that cash flow in ways that maximize the rate of return on that capital and generate value for our stockholders.
Another big area for us is exploration. We are unique in that we have several operations where we control very vast land positions. Anytime you have large land positions surrounding existing infrastructure - where we have already made that big upfront investment in the processing infrastructure, the people and the operations - there can be the quick hits and the high returns that provide a way to create value for a company. For example, we have the opportunity to add new ounces through drilling around that existing infrastructure. We have that advantage at three of our four main operations, which is very unusual in the industry. That is an area where we'll see a big impact on the company, and hopefully that will be reflected in the share price going forward.
TWST: Have the company's mining production results and share price targets consistently met with expectations in the past few quarters, and what do you see going forward?
For more of this interview and many others visit the Wall Street Transcript - a unique service for investors and industry researchers - providing fresh commentary and insight through verbatim interviews with CEOs, portfolio managers and research analysts. This special issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.