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                                                                  Exhibit (a)(9)


COEUR D'ALENE MINES CORPORATION COMMENCES EXCHANGE AND CASH OFFER OF ITS 13 3/8%
SENIOR NOTES


        COEUR D'ALENE, ID (June 29, 2001) - Coeur d'Alene Mines Corporation
today commenced an offer to exchange its 13-3/8% Convertible Senior Subordinated
Notes due December 31, 2003 ("13 3/8% Notes") for the Company's outstanding
7-1/4% Convertible Subordinated Debentures due October 31, 2005, 6-3/8%
Convertible Subordinated Debentures due January 31, 2004 and 6% Convertible
Subordinate Debentures due June 10, 2002 (the "Exchange Offer"). The Exchange
Offer is expected to allow the Company to substantially reduce its outstanding
debt, increase its shareholders' equity due an extraordinary gain that would be
recognized upon the retirement of Debenture indebtedness, improve its cash flow
and improve its overall capital structure.

        Existing Debenture holders who participate in the Exchange Offer will
have the right to purchase additional 13 3/8% Notes. The Company is offering to
sell up to $25.0 million of additional 13 3/8% Notes to those Debenture holders
whose debentures are tendered and accepted for exchange in the exchange offer.

        The Exchange Offer is scheduled to expire on July 27, 2001, unless
extended. The Company previously announced the filing of a registration
statement with the Securities and Exchange Commission in connection with the
Exchange Offer.

        The Company is offering to issue up to a total of $71,340,000 principal
amount of 13 3/8% Notes in exchange for up to 80% of its outstanding 7-1/4% and
6-3/8% Debentures and up to 25% of its outstanding 6% Debentures. The Company is
offering $1,000 principal amount of 13 3/8% Notes for each $2,000 principal
amount of 7-1/4% or 6-3/8% Debentures, and $1,000 principal amount of 13 3/8%
Notes for each $1,000 principal amount of 6% Debentures validly tendered and
accepted in the exchange offer. The aggregate outstanding principal amount of
the existing Debentures is $188.1 million.

        The 13 3/8% Notes will be Senior in right of payment to the outstanding
7 1/4%, 6 3/8% and 6% Debentures. In addition, the 13 3/8% Notes will be
convertible into Coeur common stock, at any time following the date of issue and
prior to maturity.. The conversion price will be a 15% premium to the daily
weighted average of the closing prices for its common stock for the five trading
days prior to the second day before the Exchange Offer expires. The conversion
price is subject to a minimum of $1.35 per share. The 13 3/8% Notes will be
redeemable at the option of the Company two years after issuance, subject to
certain conditions, and at the option of the holders in the event of a change in
control.


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        The Exchange Offer is conditional upon the receipt of validly tendered
Debentures representing at least a majority of the principal amount of the
Debentures that the Company is offering to acquire.

        Robertson Stephens, Inc. will act as dealer manager to solicit
exchanges. The Bank of New York will act as exchange agent. A prospectus for the
Exchange Offer is available free of charge from the information agent, D.F. King
& Co., Inc., 77 Water Street, New York, NY 10005 (toll free (800) 755-7250;
collect (212) 269-5550). The prospectus, the letter of transmittal and other
related exchange offer materials may also be obtained free of charge at the
SEC's website (www.sec.gov) and from D.F. King (Europe), 2 London Wall
Buildings, London EC2M 5PP, England (collect: 44 (0)22 7920 9700). Holders of
debentures should read the prospectus, the letter of transmittal and other
related exchange offer materials carefully because they contain important
information. Holders of the debentures should contact J.T. Stephens at Robertson
Stephens at 1-888-772-6101 for additional information.

        A registration statement relating to these securities has been filed
with the Securities and Exchange Commission but has not yet become effective.
These securities may not be exchanged or sold, nor may offers to exchange or
offers to buy be accepted prior to the time the registration statement becomes
effective. This press release shall not constitute an offer to exchange, sell,
or the solicitation of an offer to exchange or buy, nor shall there be any
exchange, sale, or the solicitation of an offer to exchange or buy, nor shall
there be any exchange or sale in any state in which such offer, exchange,
solicitation, or sale would be unlawful prior to registration or qualification
under the securities laws of any such state.

        Coeur d'Alene Mines Corporation is the leading primary silver producer
located in the United States. The Company has mining interests in Nevada, Idaho,
Alaska, Chile and Bolivia.



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