COEUR D’ALENE MINES CORPORATION AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(Unaudited)

	June 30, 2005			December 31, 2004
ASSETS	(In Thousands)
CURRENT ASSETS
Cash and cash equivalents	$	233,280		$	273,079
Short-term investments		46,977			48,993
Receivables		22,768			10,634
Ore on leach pad		15,493			15,046
Metal and other inventory		16,496			17,639
Deferred tax assets		1,378			2,592
Prepaid expenses and other		3,669			3,727
		340,061			371,710
PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment		88,842			85,070
Less accumulated depreciation		(57,442	)		(54,154	)
		31,400			30,916
MINING PROPERTIES
Operational mining properties		124,055			121,344
Less accumulated depletion		(104,913	)		(100,079	)
		19,142			21,265
Mineral interests		35,152			20,125
Non-producing and development properties		30,618			26,071
		84,912			67,461
OTHER ASSETS
Non-current ore on leach pad		38,401			28,740
Restricted cash and cash equivalents		13,119			10,847
Debt issuance costs, net		5,606			5,757
Deferred tax assets		2,906			1,811
Other		9,205			8,535
		69,237			55,610
TOTAL ASSETS	$	525,610		$	525,777

COEUR D'ALENE MINES CORPORATION AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(Unaudited)

	June 30, 2005			December 31, 2004
LIABILITIES AND SHAREHOLDERS' EQUITY	(In Thousands)
CURRENT LIABILITIES
Accounts payable	$	11,891		$	8,389
Accrued liabilities and other		5,169			5,306
Accrued interest payable		1,031			1,035
Accrued salaries and wages		5,209			6,379
Current portion of remediation costs		484			1,041
		23,784			22,150
LONG-TERM LIABILITIES
1 1/4% Convertible Senior Notes due January 2024		180,000			180,000
Reclamation and mine closure		24,879			23,670
Other long-term liabilities		6,409			6,503
		211,288			210,173
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' EQUITY
Common Stock, par value $1.00 per share-authorized 500,000,000
shares, issued 241,120,982 and 241,028,303 shares in 2005 and
2004 (1,059,211 shares held in treasury)		241,121			241,028
Additional paid-in capital		630,151			629,809
Accumulated deficit		(565,379	)		(561,908	)
Shares held in treasury		(13,190	)		(13,190	)
Accumulated other comprehensive loss		(2,165	)		(2,285	)
		290,538			293,454
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$	525,610		$	525,777

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
COEUR D’ALENE MINES CORPORATION AND SUBSIDIARIES
(Unaudited)

	Three Months ended June 30,						Six Months ended June 30,
	2005			2004			2005			2004
	(In Thousands, except per share data)
REVENUES
Sales of metal	$	37,200		$	26,381		$	73,407		$	56,031
Interest and other		1,357			733			3,298			86
Total revenues		38,557			27,114			76,705			56,117
COSTS AND EXPENSES
Production		22,719			16,366			43,978			33,316
Depreciation and depletion		4,873			4,773			9,534			9,619
Administrative and general		4,852			3,066			10,378			6,674
Exploration		3,346			3,041			6,464			4,985
Pre-development		3,717			4,037			6,086			5,651
Interest		562			657			1,132			1,595
Litigation settlement		--			--			1,600			--
Other holding costs		336			588			472			1,344
Total cost and expenses		40,405			32,528			79,644			63,184
LOSS FROM CONTINUING OPERATIONS BEFORE TAXES		(1,848	)		(5,414	)		(2,939	)		(7,067	)
Income tax (provision) benefit		147			--			(532	)		--
NET LOSS		(1,701	)		(5,414	)		(3,471	)		(7,067	)
Other comprehensive loss		121			(652	)		120			(860	)
COMPREHENSIVE LOSS	$	(1,580	)	$	(6,066	)	$	(3,351	)	$	(7,927	)
BASIC AND DILUTED LOSS PER SHARE:
Net loss	$	(0.01	)	$	(0.03	)	$	(0.01	)	$	(0.03	)
Weighted average number of shares of common stock outstanding		240,028			213,249			240,007			213,195

COEUR D’ALENE MINES CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS
Three Months Ended June 30, 2005 and 2004
(Unaudited)

	Three Months Ended June 30,						Six Months Ended June 30,
	2005			2004			2005			2004
	(In Thousands)
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$	(1,701	)	$	(5,414	)	$	(3,471	)	$	(7,067	)
Add (deduct) non-cash items:
Depreciation and depletion		4,873			4,773			9,534			9,619
Deferred taxes		(559	)					119
Unrealized (gain) loss on embedded derivative		546			2,884			(79	)		1,756
Amortization of premium/discount		273			442			586			827
Amortization of restricted stock compensation		174			106			574			673
Amortization of debt issuance costs		76			76			152			256
Other charges		247			(117	)		268			113
Changes in Operating Assets and Liabilities:
Receivables		(10,569	)		1,369			(12,134	)		(2,065	)
Prepaid expenses and other		(1,603	)		383			(722	)		819
Inventories		(5,612	)		(4,898	)		(8,965	)		(9,548	)
Accounts payable and accrued liabilities		4,676			1,359			2,494			(2,495	)
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES		(9,179	)		963			(11,642	)		(7,112	)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of short-term investments		(12,294	)		(6,735	)		(22,840	)		(58,842	)
Proceeds from sales of short-term investments		16,097			3,120			22,112			12,710
Capital expenditures		(22,657	)		(1,646	)		(26,834	)		(3,126	)
Other		96			22			113			237
CASH USED IN INVESTING ACTIVITIES		(18,758	)		(5,239	)		(27,449	)		(49,021	)
CASH FLOWS FROM FINANCING ACTIVITIES:
Retirement of long-term debt		(76	)		--			(156	)		(9,561	)
Retirement of building loan		--			--			--			(1,200	)
Proceeds from issuance of subordinated notes		--			--			--			180,000
Debt issuance costs		--			--			--			(6,097	)
Proceeds from issuance of common stock		17			--			(552	)		--
Bank Borrowings on working capital facility		--			--			--			6,056
Payments to Bank on working capital facility		--			(2,727	)		--			(8,423	)
Common stock repurchase		--			--			--			(793	)
Other		--			(1,452	)		--			(1,407	)
CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES:		(59	)		(4,179	)		(708	)		158,575
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		(27,996	)		(8,455	)		(39,799	)		102,442
Cash and cash equivalents at beginning of period		261,276			173,314			273,079			62,417
Cash and cash equivalents at end of period	$	233,280		$	164,859		$	233,280		$	164,859