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Coeur d’Alene mine to return to full production earlier than planned

Coeur d'Alene Mines Corporation’s Kensington gold mine in Alaska will resume full production ahead of schedule, the Coeur d’Alene-based company announced today.

The company in November announced a temporary reduction in mining and milling activities to allow for completion of several underground and surface projects at Kensington, 45 miles north of Juneau.

The majority of these projects have been completed or are scheduled to be completed by the end of July, Coeur said.

The mine contains 1.3 million ounces of gold in proven and probable reserves, and is expected to produce 82,600 to 86,500 ounces of gold this year.

Coeur d'Alene Mines is the largest U.S.-based primary silver producer and a growing gold producer.