EXHIBIT 99(b)


                [COEUR D'ALENE MINES CORPORATION PRESS RELEASE]


COEUR  D'ALENE  MINES  CORPORATION  ANNOUNCES  COMPLETION  OF  SALE  OF 7 1/4%
CONVERTIBLE SUBORDINATED DEBENTURES DUE 2005


Coeur  d'Alene,  Idaho  . . .  October  15,  1997 . . .  Coeur  d'Alene  Mines
Corporation (NYSE: CDE) today announced completion of the sale of $143,750,000
principal  amount of Coeur  d'Alene  Mines  Corporation's  7 1/4%  Convertible
Subordinated  Debentures due 2005, which includes $18,750,000 principal amount
sold  upon the  exercise  of an  over-allotment  option.  The  Debentures  are
convertible into Coeur d'Alene Mines Corporation  common stock at a conversion
price of $17.45 per share. The offering of Debentures was not registered under
the  Securities   Act  and  the  Debentures   were  sold  only  to  "qualified
institutional  buyers" in reliance upon Rule 144A and in offshore transactions
in  accordance  with  Regulation  S under  the  Securities  Act and may not be
offered  or  sold in the  United  States  absent  registration  under,  or the
availability  of an  exemption  from the  registration  requirements  of,  the
Securities Act.

Coeur d'Alene Mines  Corporation is an international  silver and gold producer
engaged in the development and operation of silver and gold mining  properties
located  in the  western  United  States,  Western  Australia,  Chile  and New
Zealand.  Coeur  also  engages  in  significant  silver  and  gold  expiration
activities on properties  located in those  countries as well as in Guyana and
Mexico.