Exhibit 10.5

Third Amendment to Restated Employment Agreement

     This Third Amendment to Restated Employment Agreement is made effective on the 6^th day of August 2010, between Coeur d’Alene Mines Corporation (“Company”) and Mitchell J. Krebs (“Employee”).

     Whereas, the parties executed an Employment Agreement dated July 1, 2005 (the “Employment Agreement”), and

     Whereas the Employment Agreement was further amended and then subsequently restated effective December 31, 2008 (“Restated Employment Agreement”), and

     Whereas the Restated Employment Agreement was further amended effective July 31, 2009 whereby the term of the Restated Employment Agreement was extended through July 31, 2011, and

     Whereas the parties desire to further extend the term of the Restated Employment Agreement and update the compensation as contemplated by the Restated Employment Agreement and as set forth below;

NOW THEREFORE, in consideration of the mutual promises and covenants herein contained to be kept and performed by the parties hereto, the parties agree as follows:

1. Term Of Employment. The Restated Employment Agreement shall be amended in Section 2 to read that the term of employment shall be extended to the 31^st day of December 2011, unless sooner terminated as provided in the Restated Employment Agreement. It is further agreed that the Restated Employment Agreement may be further considered for additional extension. It is understood, however, that termination can occur in accordance with the provisions of paragraph 7 of the Restated Employment Agreement, notwithstanding anything to the contrary in this Third Amendment to the Restated Employment Agreement.

2. Compensation. The Restated Employment Agreement shall be amended in Section 3 (a) to read that the Employee shall receive a base salary of $289,000 annually. The Restated Employment Agreement shall be amended in Section 3 (c) to read that the Employee shall have an opportunity to earn a bonus during each calendar year targeted to be 50% of Employee’s then current annual salary, which, at the date of this Agreement, is the potential sum of $144,500 and a maximum of $289,000 (AIP). In

addition, Employee shall be eligible to earn an award under the Company’s long-term incentive plan with a target level of 190% or a potential $549,100 (LTIP). Such bonuses are at the discretion of the board of directors.

IN WITNESS WHEREOF, the parties have executed this Third Amendment to the Restated Employment Agreement as of the day and year first written above.

Coeur d’Alene Mines Corporation

By	/s/ Dennis E. Wheeler
Dennis E. Wheeler, President and CEO
/s/ Mitchell J. Krebs
Employee