On Sept. 30, 2004, Standard&Poor's Ratings Services affirmed its 'B-' corporate credit and senior unsecured debt ratings on Coeur D'Alene Mines Corp. and removed the ratings from CreditWatch, where they were placed on June 1, 2004, with positive implications. The outlook is stable. Coeur D'Alene, an Idaho-based silver and gold mining company, currently has about $180 million in debt. The affirmation follows the company's announcement that it was unsuccessful in its proposed hostile takeover of Vancouver-based Wheaton River Minerals Ltd. Coeur was unable to garner the required level of shareholder approval from Wheaton's shareholders. The proposed deal, had it been successful, was expected to result in a meaningful improvement in Coeur's business and financial profiles. The ratings on
