UPDATE 3-Coeur d'Alene sees higher silver, gold output in 2013

Thu Feb 21, 2013 3:10pm EST
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* Fourth-quarter adj profit $0.29 vs est $0.20

* Sees 2013 output at Rochester mine up by 35-50 pct

* Fourth-quarter metal sales fall 17 pct, but prices up

* Expects La Preciosa to start production in 2016

* Shares up 3 pct

By Garima Goel

Feb 21 (Reuters) - Coeur d'Alene Mines Corp said output at its Rochester mine would rise at least 35 percent this year after contributing record production in the fourth quarter, helping the No. 1 U.S.-based silver miner beat analysts' profit estimates.

Coeur D'Alene said quarterly production at the mine in Nevada, its longest running, helped offset a decline in output in Mexico and Bolivia. Higher production this year would hold down costs that are challenging miners worldwide, the company said.

Coeur's shares rose 3 percent to $19.34 on the New York Stock Exchange on Thursday.   Continued...