Friday, June 8, 2007

UPDATE 1-Coeur says Bolnisi to extend due diligence period

(Reuters) - Last month, Coeur said it would buy Bolnisi Gold and
Palmarejo Silver and Gold Corp. in a deal worth $1.1
billion that would create the world's leading silver producer.




Palmarejo owns a major silver project in Chihuahua, Mexico,
that is expected to start production in late 2008 with an
annual rate of about 12 million ounces of silver and 110,000
ounces of gold.


Read more at Reuters.com Government Filings News

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