EXHIBIT 99.1

                        [COEUR D'ALENE MINES LETTERHEAD]                  [LOGO]

PRESS RELEASE
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           CONTACT: Michael A. Steeves, Director of Investor Relations
                 Coeur d'Alene Mines Corporation, (208) 769-8155

                                                                         PR02:12

                COEUR EXPECTS TO FULLY RETIRE ITS 6% CONVERTIBLE
               SUBORDINATED DEBENTURES DUE JUNE 10, 2002 FOR CASH

           Proceeds From $16.0 Million Financing Will Repay Remaining
                  $9.4 Million of Outstanding 6% Debentures --

COEUR D'ALENE, Idaho -- May 14, 2002 -- Coeur d'Alene Mines Corporation
(NYSE:CDE) announced today it plans to retire the remaining $9.4 million of its
outstanding 6% Convertible Subordinated Debentures (the "6% Debentures") on June
10, 2002 with cash.

The Company, among other things, has entered into a purchase agreement to issue
$21.5 million of new 13.375% Senior Convertible Notes ("New Notes") for $16.0
million in proceeds. The New Notes will be convertible into common stock at a
conversion price of $1.35 per share and will be issued on similar terms, subject
to certain contingent provisions, as the Company's currently outstanding 13.375%
Convertible Senior Subordinated Notes due December 31, 2003. This financing is
subject to final documentation and customary closing conditions. Houlihan Lokey
Howard & Zukin Capital has served as the Company's financial advisor on this
transaction.

Since the beginning of 2002, the Company has entered into a series of
individually negotiated exchanges under Section 3(a)(9) of the Securities Act,
in which an aggregate of $13.7 million principal amount of 6% Debentures have
been exchanged for 14.3 million shares of the Company's common stock. As a
result of these individual exchange transactions, the Company reduced the
outstanding principal amount of 6% Debentures to $9.4 million.

Dennis E. Wheeler, Coeur's Chairman, President and Chief Executive Officer
stated, "This financing will allow us to retire the Company's outstanding
short-term indebtedness, add to our existing cash resources, and put our
short-term liquidity concerns behind us."




Commenting on Coeur's operating performance, Mr. Wheeler added, "Thanks to our
people's tireless work over the past several months, we have substantially
reduced our cash operating costs at our Silver Valley and Rochester mines and
have commenced production at our low-cost Cerro Bayo mine in Chile one month
ahead of schedule. This new mine, combined with our recently acquired high-grade
Martha Mine in Argentina, is expected to dramatically increase our silver
production this year and achieve our prime objective of developing new low-cost
ounces of production."

Coeur is a leading low-cost international silver producer, as well as a
significant producer of gold. The Company has mining interests in Nevada, Idaho,
Alaska, Chile, Argentina and Bolivia. For more information, visit Coeur's
website at www.coeur.com.

        CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

This document contains numerous forward-looking statements relating to the
Company's future transactions affecting its liquidity and capital resources. The
United States Private Securities Litigation Reform Act of 1995 provides a "safe
harbor" for certain forward-looking statements. Statements in this document are
based on information the Company believes reasonable, but involve significant
uncertainties as to the Company's ability to raise capital or effect exchanges
for its outstanding 6% Convertible Subordinated Debentures due June 10, 2002,
enter into agreements relating to alternative uses of the Rochester Mine pit or
rock by-product, future gold and silver prices, costs, ore grades, estimation of
gold and silver reserves, mining and processing conditions, changes that could
result from the Company's future acquisition of new mining properties or
businesses, the risks and hazards inherent in the mining business (including
environmental hazards, industrial accidents, weather or geologically related
conditions), regulatory and permitting matters, and risks inherent in the
ownership and operation of, or investment in, mining properties or businesses in
foreign countries. Actual results and timetables could vary significantly from
the estimates presented. Readers are cautioned not to put undue reliance on
forward-looking statements. The Company disclaims any intent or obligation to
update publicly these forward-looking statements, whether as a result of new
information, future events or otherwise.