COEUR D ALENE MINES CORP
424B3, 1996-09-03
GOLD AND SILVER ORES
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<PAGE>   1

                                                               RULE 424(b)(3)
                                                               FILE NO. 33-53023
 
PROSPECTUS SUPPLEMENT NO. 7
DATED SEPTEMBER 3, 1996
(TO PROSPECTUS DATED APRIL 26, 1995)
 
                                  $100,000,000
 
                        COEUR D'ALENE MINES CORPORATION
 
              6 3/8% CONVERTIBLE SUBORDINATED DEBENTURES DUE 2004
                            ------------------------
 
     Based on information available to the Company, the total principal amount
of Debentures that currently may be offered by the Selling Debentureholders
pursuant to this Prospectus is $20,525,000. The table on page 9 of the
Prospectus setting forth information regarding the Selling Debentureholders is
replaced by the following table:
 
<TABLE>
<CAPTION>
                                                                                               PERCENT OF
                                                                                              $100,000,000
                                               PRINCIPAL AMOUNT     PRINCIPAL AMOUNT OF    PRINCIPAL AMOUNT OF
                                                OF DEBENTURES        DEBENTURES BEING          OUTSTANDING
                   NAME                       BENEFICIALLY OWNED          OFFERED              DEBENTURES
- -------------------------------------------   ------------------    -------------------    -------------------
<S>                                           <C>                   <C>                    <C>
MFS Total Return Fund......................      $  7,600,000           $ 7,600,000                7.60%
SoGen International Fund, Inc. ............         7,000,000             7,000,000                7.00
MFS/Sun Life Total Return Series...........         2,400,000             2,400,000                2.40
Froley, Revy Investment Co., Inc. .........         1,200,000             1,200,000                1.20
Prudential Series Natural Resources Fund...         1,000,000             1,000,000                1.00
SoGen Gold Fund............................         1,000,000             1,000,000                1.00
Sage Capital...............................           200,000               200,000                 .20
Donaldson, Lufkin & Jenrette...............            75,000                75,000                 .08
South Street Capital, L.P. ................            50,000                50,000                 .05
                                                  -----------           -----------               -----
          Total............................      $ 20,525,000           $20,525,000               12.53%
                                                  ===========           ===========               =====
</TABLE>


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