Coeur Mining, Inc. · NYSE:CDE
Coeur Mining — TD Cowen 17th Annual Global Mining Conference 2026
90 slides from Coeur Mining's conference presentation, January 2026
Slide 1: TD Cowen 17th Annual Global Mining Conference
TD Cowen 17th Annual Global Mining Conference January 2026 NYSE: CDE NYSE: CDE 1 JC 2016
Slide 2: Cautionary Statements
Cautionary Statements This presentation contains forward‐looking statements within the meaning of securities legislation in the United States and Canada, including statements involving efforts and achievements, and expectations regarding the planned acquisition of New Gold Inc., including expected b
Slide 3: Cautionary Statements (cont.)
Cautionary Statements (cont.) Cautionary Statements Regarding Company Outlook In connection with Coeur’s regular planning process, Coeur’s management prepared certain unaudited financial and operating projections, some portions of which are included in this presentation. These projections were not p
Slide 4: Coeur Announces Acquisition of New Gold
Coeur Announces Acquisition of New Gold NYSE: CDE 4 JC 2016
Slide 5: An Unrivaled All North American Mining Powerhouse
An Unrivaled All North American Mining Powerhouse Creates U.S. Approximately $20 billion combined market capitalization company with Precious Metals seven high quality North American operations, sector-leading free cash flow, Leader significantly enhanced trading liquidity and potential U.S. index i
Slide 6: Portfolio Overview of Combined Company
Portfolio Overview of Combined Company With the completion of the Rochester expansion and the recent acquisition of SilverCrest and its Las Chispas mine, adding New Gold’s two Canadian mines results in a company with seven North American operations expected to produce approximately 20 million ounces
Slide 7: Enhanced Quality, Scale and Financial Capacity
Enhanced Quality, Scale and Financial Capacity Combined Company Primary Exchange NYSE NYSE - American / TSX NYSE / TSX Rochester / Wharf / Kensington / Rochester / Wharf / Kensington / Producing Asset(s) New Afton / Rainy River New Afton / Rainy River / Las Las Chispas / Palmarejo Chispas / Palmarej
Slide 8: Creating a New All North American Senior PM Producer
Creating a New All North American Senior PM Producer 2026E Gold Equivalent Production1 (k oz AuEq) Peer Leading Production 1,243 1,117 1,053 788 711 656 644 408 338 Combined Company Pan American Equinox IAMGOLD Eldorado Alamos Coeur Hecla First Majestic Basic Market Capitalization2 ($M) Increased Sc
Slide 9: Peer Leading Quality Cash Flow Profile
Peer Leading Quality Cash Flow Profile 2026E EBITDA Combined Company 2026E EBITDA ($M) Margin of 66% vs 61% Standalone Lower Cost & Higher Margins… $3,150 $2,560 $2,281 $2,060 $1,840 $1,656 $1,481 $865 $850 Combined Company Pan American Equinox IAMGOLD Alamos Eldorado Coeur Hecla First Majestic 2026
Slide 10: Significant Re-Valuation Opportunity
Significant Re-Valuation Opportunity 2026E Gold Equivalent Production1 2026E FCF Yield2 (koz AuEq) (%) 2,041 Combined Company 12% 1,243 1,117 656 644 408 338 Pan American 10% Kinross Combined Pan Alamos Coeur Hecla First Majestic Company American Peer leading 2026E Free Cash Flow3 Kinross 10% combin
Slide 11: New Afton Overview
New Afton Overview The New Afton Mine in British Columbia is a low-cost gold and copper operation, with strong near-term expected production and cash flow growth, and excellent mine life extension potential at the K-Zone Asset Overview Summary Statistics YTD 2025 Production YTD Financial Results1 Lo
Slide 12: New Afton: C-Zone Ramp-Up & K-Zone Upside Potential
New Afton: C-Zone Ramp-Up & K-Zone Upside Potential Following up on recent exploration success in the K-Zone, New Gold increased the 2025 exploration program at New Afton by $5 million to an expected total of $22 million New Afton long section illustrating D- and K-Zone potential following C-Zone mi
Slide 13: Rainy River Overview
Rainy River Overview The Rainy River Mine in Ontario is a large-scale gold operation that generates strong cash flow as it ramps up underground mining activities to supplement ongoing open pit mining Asset Overview Summary Statistics YTD 2025 Production YTD Financial Results1 Ontario (45 miles from
Slide 14: Third Quarter 2025 Highlights
Third Quarter 2025 Highlights • Record quarterly production supported by solid cost performance • Record quarterly net income, free cash flow and adjusted EBITDA1,2 • Cash balance more than doubled; net leverage ratio falls to 0.1x • ~10% of $75 million share repurchase program complete • La
Slide 15: Rapidly Strengthening Balance Sheet
Rapidly Strengthening Balance Sheet LTM Adjusted EBITDA / Net Leverage Ratio1,2 ($M) > Debt and Leverage Summary1,2 Recent Balance Sheet Highlights ($M) Jun. 30, Sep. 30, • $7.9 million of shares repurchased3; program remains 2025 2025 underway 5.125% senior notes due 2029 $290.4 $290.6 Revolving
Slide 16: Significantly Improved Return on Invested Capital
Significantly Improved Return on Invested Capital After multiple years of heavy investment, the Company is on-track to deliver peer- leading ROIC in 2025 driven by strong production growth from Rochester, the addition of Las Chispas, and consistent performance from our other operations amid a favora
Slide 17: Subsiding Inflationary Cost Pressures
Subsiding Inflationary Cost Pressures Overall, Coeur has seen inflationary pressures subside in recent quarters – particularly compared to two years ago – which is leading to strong margin expansion with higher gold and silver prices Diesel Cost Per Gallon Materials, Parts & Supplies Cost Per Ore To
Slide 18: Summary of Quarterly Financial Results
Summary of Quarterly Financial Results ($M, except metal sales, adj. EBITDA margin and per share and per ounce amounts) 3Q 2025 2Q 2025 QoQ ∆ 3Q 2024 YoY ∆ M e ta l Sa le s Avg. Realized Price Per Ounce (Au) $3, 148 $3,021 4% $2,309 36% Avg. Realized Price Per Ounce (Ag) $38. 93 $33.72 15% $29.86 30
Slide 19: Rochester Expansion Overview
Rochester Expansion Overview Rochester is one of the largest operations of its kind in the world and is America’s largest source of domestically produced and refined silver. 2025 represents the first full year post-expansion with ~50% expected production increases, >10% lower expected costs, and a s
Slide 20: Rochester – Aerial View
Rochester – Aerial View Phase 1 of the 300M Ton Stage VI Leach Pad Merrill Crowe Plant Contingency Ponds Electrical Substation NYSE: CDE 20 JC 2016
Slide 21: Sustaining a Higher Level of Exploration Investment
Sustaining a Higher Level of Exploration Investment The Company remains focused on generating high returns from exploration in 2025, with significant investments at targeting resource expansion at Palmarejo, Las Chispas and Silvertip, targeting reserve increases at Kensington and Wharf, and targetin
Slide 22: Expanded Reserve and Resource Base
Expanded Reserve and Resource Base Coeur’s 2024 exploration program was successful in growing resources via new discoveries. The Company has invested over $285 million in exploration over the past five years, contributing to significant overall reserve and resource growth Proven & Probable Reserves
Slide 23: Las Chispas Exploration Success
Las Chispas Exploration Success Newly-released drill results show continued expansion at new Augusta discovery and at other key veins in the Gap Zone along planned underground development areas Las Chispas Chiltepin Augusta Las Chispas Long section Block Block Looking northwest Semi-massive argentit
Slide 24: Palmarejo Exploration Update
Palmarejo Exploration Update Following a ~75% increase in inferred mineral resources on a gold equivalent basis1 in 2024, overall exploration efforts continue to trend to the East, with drilling identifying areas of high-grade in historic Fresnillo resource corridor • Large, highly prospective dis
Slide 25: Kensington: Blueprint for a Longer Mine Life
Kensington: Blueprint for a Longer Mine Life Newly-released drill results have identified emerging areas of resource growth potential near existing mine infrastructure • Project success resulted in doubling the life of mine to 5 years, net of depletion, since the program began in mid-2022, resultin
Slide 26: Wharf: Increased Investment to Extend Mine Life
Wharf: Increased Investment to Extend Mine Life Two new opportunities continue to demonstrate potential to substantially extend Wharf’s mine life near existing mining areas. The two targets, North Foley and Juno, are being further drill-tested in 2025 to identify the scope of the opportunity Project
Slide 27: Wharf: A Case Study for Successful M&A
Wharf: A Case Study for Successful M&A Acquired in early 2015 for $99.5 million, Wharf has generated cumulative FCF1 of more than 5x its original investment, driven by operational improvements, targeted investments in exploration, and several technical and modeling enhancements Wh a r f a c h i e ve
Slide 28: Silvertip: Large, High-Grade Polymetallic Deposit in BC
Silvertip: Large, High-Grade Polymetallic Deposit in BC Coeur continues to invest in exploration at of one of the world’s highest-grade deposits of its kind to expand and better understand the large system at Silvertip. The Company aims to advance Silvertip in coming years to be a future source of g
Slide 29: Investing in Organic Growth Opportunities
Investing in Organic Growth Opportunities Capital Expenditures by Mine Capital Expenditures Composition (% companywide total) (% companywide total) 4% 2% 3% 7% 16% 23% 17% 30% 37% 2024 29% 2025E1 14% 2024 2025E1 $183M $187M-$225M $183M $187M-$225M 70% 77% 40% 31% Las Chispas Palmarejo Rochester Sust
Slide 30: Looking Ahead: Key Deliverables for 4Q 2025
Looking Ahead: Key Deliverables for 4Q 2025 • Maintain sector-leading safety performance • Continue delivering higher crushing rates at targeted PSD at Rochester • Build cash and further strengthen the balance sheet • Deliver results from high-return exploration investments • Carry out explora
Slide 31: Production Trends on Track Toward 2025 Guidance
Production Trends on Track Toward 2025 Guidance Updated Full-Year Implied 3Q 2025 YTD Guidance1 Progress2 4Q 2025 Comments Gold Production (oz) • YTD results reflect closing of SilverCrest Las Chispas 16,540 39,986 50,000 – 58,000 74% 10,014 – 18,014 transaction on February 14 • Higher mill throughp
Slide 32: 2025 Production and CAS Guidance Refined
2025 Production and CAS Guidance Refined1 Production Outlook Previous3 Updated1 Gold (oz) Silver (K oz) Gold (oz) Silver (K oz) Las Chispas 42,500 – 52,500 4,250 – 5,250 50,000 – 58,000 5,000 – 5,500 Palmarejo 95,000 – 105,000 5,400 – 6,500 96,000 – 106,000 6,000 – 6,800 Rochester 60,000 – 75,000 7,
Slide 33: Culture and Safety Highlights
Culture and Safety Highlights NYSE: CDE 33 JC 2016
Slide 34: Culture as a Core Strength
Culture as a Core Strength Coeur prioritizes an inclusive, ethical, and safety-focused culture that supports continuous improvement and engagement across all levels of the workforce Our fourth biennial culture survey achieved a 92% participation rate, surpassing industry benchmarks and improving 13%
Slide 35: Industry-Leading Safety Performance
Industry-Leading Safety Performance Coeur has been certified in the National Mining Association’s CORESafety program since 2017 and completed its recertification in July 2021 Coeur’s injury frequency rate remains significantly below industry averages, resulting in the lowest Total Reportable Injury
Slide 36: Appendix
Appendix NYSE: CDE 36 JC 2016
Slide 37: Las Chispas
Las Chispas The Las Chispas silver-gold operation is located in the state of Sonora, Mexico, and is an underground mine with processing operations as well as several other deposits and exploration targets Asset Overview Share of Companywide 2025E2 Production Ownership 100% Gold Silver Employees1 314
Slide 38: Las Chispas (cont.)
Las Chispas (cont.) Production and Cost Performance Operating Cash Flow and Capital Expenditures ($M) Operating cash flow Capital expenditures 1 2 2 Gold production (K oz) Adj. CAS per AuOz3 Silver production (K oz) Adj. CAS per AgOz3 Costs Per Ton ($) 2 1Q 2025 2Q 2025 3Q 2025 UG tons mined 76,855
Slide 39: Palmarejo
Palmarejo The Palmarejo gold-silver complex is located in the state of Chihuahua, Mexico, and is an underground mine with processing operations as well as several other deposits and exploration targets Asset Overview Share of Companywide 2025E2 Production Ownership 100% Gold Silver Employees1 869 Cl
Slide 40: Palmarejo (cont.)
Palmarejo (cont.) Production and Cost Performance Operating Cash Flow and Capital Expenditures ($M) Operating cash flow Capital expenditures Gold production (K oz) Adj. CAS per AuOz1 Silver production (K oz) Adj. CAS per AgOz1 Costs Per Ton ($) 3Q 2024 4Q 2024 1Q 2025 2Q 2025 3Q 2025 UG tons mined 4
Slide 41: Rochester
Rochester The Rochester mine is an open pit, heap leach silver-gold operation, located in northern Nevada, which completed a significant expansion that is driving a step-change in production and cash flow Asset Overview Share of Companywide 2025E2 Production Ownership 100% Gold Silver Employees1 431
Slide 42: Rochester (cont.)
Rochester (cont.) Production and Cost Performance Operating Cash Flow and Capital Expenditures ($M) Operating cash flow Capital expenditures Silver production (K oz) Adj. CAS per AgOz1 Gold production (K oz) Adj. CAS per AuOz1 Costs Per Ton 3Q 2024 4Q 2024 1Q 2025 2Q 2025 3Q 2025 ($) Ore tons mined
Slide 43: Kensington
Kensington The Kensington mine is an underground gold operation located in southeast Alaska, consisting of the Kensington Main deposit and Elmira deposit, as well as other nearby deposits and exploration targets Asset Overview Share of Companywide 2025E2 Production Ownership 100% Gold Employees1 374
Slide 44: Kensington (cont.)
Kensington (cont.) Production and Cost Performance Operating Cash Flow and Capital Expenditures ($M) Operating cash flow2 Capital expenditures Gold production (K oz) Adj. CAS per AuOz1 Costs Per Ton ($) 3Q 2024 4Q 2024 1Q 2025 2Q 2025 3Q 2025 Ore tons mined 168,403 210,692 173,370 197,710 168,544 Mi
Slide 45: Wharf
Wharf The Wharf mine is an open pit, heap leach gold operation located in western South Dakota. The property consists of several areas of adjoining gold mineralization, which have been mined as a series of open pits Asset Overview Share of Companywide 2025E2 Production Ownership 100% Gold Silver 1%
Slide 46: Wharf (cont.)
Wharf (cont.) Production and Cost Performance Operating Cash Flow and Capital Expenditures ($M) Operating cash flow Capital expenditures Gold production (K oz) Adj. CAS per AuOz1 Costs Per Ton ($) 3Q 2024 4Q 2024 1Q 2025 2Q 2025 3Q 2025 Ore tons mined 1,759,149 958,394 826,699 1,103,605 1,422,845 St
Slide 47: Silvertip
Silvertip The Silvertip critical minerals exploration project is one of the highest-grade polymetallic projects in the world. The site is located in northern British Columbia, Canada and sits within a highly prospective land package Asset Overview Ownership 100% Employees1 71 Claims 313,555 net acre
Slide 48: Non-GAAP Reconciliations
Non-GAAP Reconciliations NYSE: CDE 48 JC 2016
Slide 49: Non-GAAP to U.S. GAAP Reconciliation for Guidance
Non-GAAP to U.S. GAAP Reconciliation for Guidance Unaudited Costs Applicable to Sales Guidance for 2025 ($ thousands, except metal sales and per ounce amounts) Las Chispas Palmarejo Rochester Kensington Wharf Costs applicable to sales, including amortization (U.S. GAAP) $158,700 $235,309 $269,238 $2
Slide 50: Non-GAAP to U.S. GAAP Reconciliation
Non-GAAP to U.S. GAAP Reconciliation Costs Applicable to Sales Unaudited 3 months ended September 30, 2025 ($ thousands, except metal sales and per ounce amounts) Las Chispas Palmarejo Rochester Kensington Wharf Silvertip Total Costs applicable to sales, including amortization (U.S. GAAP) $99,012 $6
Slide 51: Non-GAAP to U.S. GAAP Reconciliation
Non-GAAP to U.S. GAAP Reconciliation Costs Applicable to Sales Unaudited 3 months ended June 30, 2025 ($ thousands, except metal sales and per ounce amounts) Las Chispas Palmarejo Rochester Kensington Wharf Silvertip Total Costs applicable to sales, including amortization (U.S. GAAP) $80,122 $58,109
Slide 52: Non-GAAP to U.S. GAAP Reconciliation
Non-GAAP to U.S. GAAP Reconciliation Costs Applicable to Sales Unaudited 3 months ended March 31, 2025 ($ thousands, except metal sales and per ounce amounts) Las Chispas Palmarejo Rochester Kensington Wharf Silvertip Total Costs applicable to sales, including amortization (U.S. GAAP) $51,770 $52,88
Slide 53: Non-GAAP to U.S. GAAP Reconciliation (cont.)
Non-GAAP to U.S. GAAP Reconciliation (cont.) Costs Applicable to Sales Unaudited 12 months ended December 31, 2024 ($ thousands, except metal sales and per ounce amounts) Palmarejo Rochester Kensington Wharf Silvertip Total Costs applicable to sales, including amortization (U.S. GAAP) $240,473 $195,
Slide 54: Non-GAAP to U.S. GAAP Reconciliation (cont.)
Non-GAAP to U.S. GAAP Reconciliation (cont.) Costs Applicable to Sales Unaudited 3 months ended December 31, 2024 ($ thousands, except metal sales and per ounce amounts) Palmarejo Rochester Kensington Wharf Silvertip Total Costs applicable to sales, including amortization (U.S. GAAP) $55,032 $67,406
Slide 55: Non-GAAP to U.S. GAAP Reconciliation (cont.)
Non-GAAP to U.S. GAAP Reconciliation (cont.) Costs Applicable to Sales Unaudited 3 months ended September 30, 2024 ($ thousands, except metal sales and per ounce amounts) Palmarejo Rochester Kensington Wharf Silvertip Total Costs applicable to sales, including amortization (U.S. GAAP) $59,439 $49,64
Slide 56: Non-GAAP to U.S. GAAP Reconciliation (cont.)
Non-GAAP to U.S. GAAP Reconciliation (cont.) Unaudited Adjusted Net Income (Loss) ($ thousands) 3Q 2025 2Q 2025 1Q 2025 2024 4Q 2024 3Q 2024 2Q 2024 1Q 2024 Net income (loss) $266,824 $70,726 $33,353 $58,900 $37,853 $48,739 $1,426 ($29,117) Fair value adjustments, net - (4) 346 - - - - - Foreign exc
Slide 57: Non-GAAP to U.S. GAAP Reconciliation (cont.)
Non-GAAP to U.S. GAAP Reconciliation (cont.) Unaudited Adjusted EBITDA ($ thousands) 3Q 2025 2Q 2025 1Q 2025 2024 4Q 2024 3Q 2024 2Q 2024 1Q 2024 Net income (loss) $266,824 $70,726 $33,353 $58,900 $37,853 $48,739 $1,426 ($29,117) Interest expense, net of capitalized interest 6,273 8,251 10,450 51,27
Slide 58: Non-GAAP to U.S. GAAP Reconciliation (cont.)
Non-GAAP to U.S. GAAP Reconciliation (cont.) Unaudited LTM Adjusted EBITDA ($ thousands) 3Q 2025 2Q 2025 1Q 2025 4Q 2024 3Q 2024 2Q 2024 1Q 2024 Net income (loss) $408,755 $190,670 $121,370 $58,900 ($4,457) ($74,305) ($108,142) Interest expense, net of capitalized interest 36,861 43,868 48,779 51,27
Slide 59: Non-GAAP to U.S. GAAP Reconciliation (cont.)
Non-GAAP to U.S. GAAP Reconciliation (cont.) Unaudited Free Cash Flow ($ thousands) 3Q 2025 2Q 2025 1Q 2025 2024 4Q 2024 3Q 2024 2Q 2024 1Q 2024 Cash flow from operating activities $237,706 $206,951 $67,635 $174,234 $63,793 $111,063 $15,249 ($15,871) Capital expenditures (49,034) (60,807) (50,002) (
Slide 60: Reserves and Resources
Reserves and Resources 2024 Proven and Probable Mineral Reserves Grade Contained Location Short tons Gold (oz/t) Silver (oz/t) Gold (oz) Silver (oz) PROVEN RESERVES Las Chispas Sonora, Mexico 787,000 0.150 15.99 118,000 12,586,000 Palmarejo Chihuahua, Mexico 3,473,000 0.059 3.94 205,000 13,667,000 R
Slide 61: Reserves and Resources (cont.)
Reserves and Resources (cont.) 2024 Measured and Indicated Mineral Resources (excluding Reserves) Grade Contained Location Short tons Gold (oz/t) Silver (oz/t) Zinc (%) Lead (%) Gold (oz) Silver (oz) Zinc (lbs) Lead (lbs) MEASURED RESOURCES Las Chispas Sonora, Mexico 116,000 0.302 31.23 35,000 3,623
Slide 62: Reserves and Resources (cont.)
Reserves and Resources (cont.) 2024 Inferred Mineral Resources Grade Contained Location Short tons Gold (oz/t) Silver (oz/t) Zinc (%) Lead (%) Gold (oz) Silver (oz) Zinc (lbs) Lead (lbs) INFERRED RESOURCES Las Chispas Sonora, Mexico 1,276,000 0.113 7.91 144,000 10,088,000 Palmarejo Chihuahua, Mexico
Slide 63: Reserves and Resources (cont.)
Reserves and Resources (cont.) Notes to 2024 Mineral Reserves: (1) The Mineral Reserve estimates are current as of December 31, 2024 and are reported using the definitions in Item 1300 of Regulation S–K (17 CFR Part 229) (SK1300) and were prepared by the Company’s technical staff. (2) Assumed metal
Slide 64: Reserves and Resources (cont.)
Reserves and Resources (cont.) Notes to 2024 Mineral Resources: (1) Mineral Resource estimates are reported exclusive of Mineral Reserves, are current as of December 31, 2024, and are reported using definitions in SK1300 on a 100% ownership basis. Mineral Resource estimates were prepared by the Comp
Slide 65: Reserves and Resources (cont.)
Reserves and Resources (cont.) Notes to 2024 Mineral Resources (cont.): (9) Las Chispas Mineral Resource estimates uses the following key input parameters: assumption of conventional underground mining; reported above a silver cut-off grade of 205 g / tonne silver equivalent and an incremental devel
Slide 66: Reserves and Resources (cont.)
Reserves and Resources (cont.) 2023 Proven and Probable Mineral Reserves Grade Contained Location Short tons Gold (oz/t) Silver (oz/t) Gold (oz) Silver (oz) PROVEN RESERVES Palmarejo Chihuahua, Mexico 4,203,000 0.060 4.21 252,000 17,698,000 Rochester Nevada, USA 465,919,000 0.002 0.38 1,135,000 177,
Slide 67: Reserves and Resources (cont.)
Reserves and Resources (cont.) 2023 Measured and Indicated Mineral Resources (excluding Reserves) Grade Contained Location Short tons Gold (oz/t) Silver (oz/t) Zinc (%) Lead (%) Gold (oz) Silver (oz) Zinc (lbs) Lead (lbs) MEASURED RESOURCES Palmarejo Chihuahua, Mexico 5,674,000 0.070 4.56 396,000 25
Slide 68: Reserves and Resources (cont.)
Reserves and Resources (cont.) 2023 Inferred Mineral Resources Grade Contained Location Short tons Gold (oz/t) Silver (oz/t) Zinc (%) Lead (%) Gold (oz) Silver (oz) Zinc (lbs) Lead (lbs) INFERRED RESOURCES Palmarejo Chihuahua, Mexico 4,207,000 0.091 4.50 381,000 18,933,000 Rochester Nevada, USA 135,
Slide 69: Reserves and Resources (cont.)
Reserves and Resources (cont.) Notes to 2023 Mineral Reserves: (1) The Mineral Reserve estimates are current as of December 31, 2023 and are reported using the definitions in Item 1300 of Regulation S–K (17 CFR Part 229) (SK1300) and were prepared by the Company’s technical staff. (2) Assumed metal
Slide 70: Reserves and Resources (cont.)
Reserves and Resources (cont.) Notes to 2023 Mineral Resources: (1) Mineral Resource estimates are reported exclusive of Mineral Reserves, are current as of December 31, 2023, and are reported using definitions in SK1300 on a 100% ownership basis. Mineral Resource estimates were prepared by the Comp
Slide 71: Reserves and Resources (cont.)
Reserves and Resources (cont.) Notes to 2023 Mineral Resources (cont.): (9) Wilco Open Pit Mineral Resource estimates are reported using an equivalent gold cutoff of 0.20 ounces per ton assuming a silver to gold ratio of 60:1. Resources are reported in-situ and contained within a conceptual measured
Slide 72: Reserves and Resources (cont.)
Reserves and Resources (cont.) 2022 Proven and Probable Mineral Reserves Grade Contained Location Short tons Gold (oz/t) Silver (oz/t) Gold (oz) Silver (oz) PROVEN RESERVES Palmarejo Chihuahua, Mexico 4,081,000 0.059 4.21 241,000 17,172,000 Rochester Nevada, USA 425,748,000 0.003 0.39 1,079,000 166,
Slide 73: Reserves and Resources (cont.)
Reserves and Resources (cont.) 2022 Measured and Indicated Mineral Resources (excluding Reserves) Grade Contained Location Short tons Gold (oz/t) Silver (oz/t) Zinc (%) Lead (%) Gold (oz) Silver (oz) Zinc (lbs) Lead (lbs) MEASURED RESOURCES Palmarejo Chihuahua, Mexico 4,030,000 0.066 4.39 267,000 17
Slide 74: Reserves and Resources (cont.)
Reserves and Resources (cont.) 2022 Inferred Mineral Resources Grade Contained Location Short tons Gold (oz/t) Silver (oz/t) Zinc (%) Lead (%) Gold (oz) Silver (oz) Zinc (lbs) Lead (lbs) INFERRED RESOURCES Palmarejo Chihuahua, Mexico 5,633,000 0.067 3.19 380,000 17,948,000 Rochester Nevada, USA 77,0
Slide 75: Reserves and Resources (cont.)
Reserves and Resources (cont.) Notes to 2022 Mineral Reserves: (1) The Mineral Reserve estimates are current as of December 31, 2022 and are reported using the definitions in Item 1300 of Regulation S–K (17 CFR Part 229) (SK1300) and were prepared by the company’s technical staff. (2) 3Assumed metal
Slide 76: Reserves and Resources (cont.)
Reserves and Resources (cont.) Notes to 2022 Mineral Resources: (1) Mineral Resource estimates are reported exclusive of Mineral Reserves, are current as of December 31, 2022, and are reported using definitions in SK1300 on a 100% ownership basis. Mineral Resource estimates were prepared by the Comp
Slide 77: Reserves and Resources (cont.)
Reserves and Resources (cont.) Notes to 2022 Mineral Resources (cont.): (9) Open Pit Mineral Resource estimates are reported using an equivalent gold cutoff of 0.20 ounces per ton assuming a silver to gold ratio of 60:1. Resources are reported in-situ and contained withed a conceptual measured, indi
Slide 78: Reserves and Resources (cont.)
Reserves and Resources (cont.) 2021 Proven and Probable Mineral Reserves Grade Contained Location Short tons Gold (oz/t) Silver (oz/t) Zinc (%) Lead (%) Gold (oz) Silver (oz) Zinc (lbs) Lead (lbs) PROVEN RESERVES Palmarejo Chihuahua, Mexico 3,754,000 0.066 4.39 247,000 16,480,000 Rochester Nevada, U
Slide 79: Reserves and Resources (cont.)
Reserves and Resources (cont.) 2021 Measured and Indicated Mineral Resources (excluding Reserves) Grade Contained Location Short tons Gold (oz/t) Silver (oz/t) Zinc (%) Lead (%) Gold (oz) Silver (oz) Zinc (lbs) Lead (lbs) MEASURED RESOURCES Palmarejo Chihuahua, Mexico 3,696,000 0.053 3.89 195,000 14
Slide 80: Reserves and Resources (cont.)
Reserves and Resources (cont.) 2021 Inferred Mineral Resources Grade Contained Location Short tons Gold (oz/t) Silver (oz/t) Zinc (%) Lead (%) Gold (oz) Silver (oz) Zinc (lbs) Lead (lbs) INFERRED RESOURCES Palmarejo Chihuahua, Mexico 4,713,000 0.052 3.70 246,000 17,453,000 Rochester Nevada, USA 128,
Slide 81: Reserves and Resources (cont.)
Reserves and Resources (cont.) Notes to 2021 Mineral Reserves: (1) The Mineral Reserve estimates are current as of December 31, 2021 and are reported using the definitions in Item 1300 of Regulation S–K (17 CFR Part 229) (SK1300) and were prepared by the company’s technical staff. (2) Assumed metal
Slide 82: Reserves and Resources (cont.)
Reserves and Resources (cont.) Notes to 2021 Mineral Resources: (1) Mineral Resource estimates are reported exclusive of Mineral Reserves, are current as of December 31, 2021, and are reported using definitions in SK1300 on a 100% ownership basis. Mineral Resource estimates were prepared by the Comp
Slide 83: Reserves and Resources (cont.)
Reserves and Resources (cont.) Notes to 2021 Mineral Resources (cont.): (9) Wilco Open Pit Mineral Resource estimates are reported using an equivalent gold cutoff of 0.20 ounces per ton assuming a silver to gold ratio of 60:1. Resources are reported in-situ and contained withed a conceptual measured
Slide 84: Reserves and Resources (cont.)
Reserves and Resources (cont.) 2019 Proven and Probable Mineral Reserves Grade Contained Location Short tons Gold (oz/t) Silver (oz/t) Zinc (%) Lead (%) Gold (oz) Silver (oz) Zinc (lbs) Lead (lbs) PROVEN RESERVES Palmarejo Chihuahua, Mexico 1,093,000 0.093 5.17 102,000 5,649,000 Rochester Nevada, US
Slide 85: Reserves and Resources (cont.)
Reserves and Resources (cont.) 2019 Measured and Indicated Mineral Resources (excluding Reserves) Grade Contained Location Short tons Gold (oz/t) Silver (oz/t) Zinc (%) Lead (%) Gold (oz) Silver (oz) Zinc (lbs) Lead (lbs) MEASURED RESOURCES Palmarejo Chihuahua, Mexico 870,000 0.055 3.69 48,000 3,210
Slide 86: Reserves and Resources (cont.)
Reserves and Resources (cont.) 2019 Inferred Mineral Resources Grade Contained Location Short tons Gold (oz/t) Silver (oz/t) Zinc (%) Lead (%) Gold (oz) Silver (oz) Zinc (lbs) Lead (lbs) INFERRED RESOURCES Palmarejo Chihuahua, Mexico 6,469,000 0.057 4.07 367,000 26,341,000 Rochester Nevada, USA 171,
Slide 87: Executive Leadership
Executive Leadership Mitchell J. Krebs – Chairman, President and Chief Executive Officer. During his twenty-year tenure with Coeur, Mr. Krebs has led nearly $2 billion in capital raising and debt restructuring activities and has facilitated over $4 billion of acquisitions and divestitures. Mr. Krebs
Slide 88: Board of Directors
Board of Directors Mitchell J. Krebs – Chairman, President and Chief Executive Officer. See prior slide. J. Kenneth Thompson – Independent Lead Director. Former Chairman of the board of directors of Pioneer Natural Resources Company (oil and gas), former member of the board of directors of Alaska Ai
Slide 89: Board of Directors (cont.)
Board of Directors (cont.) N. Eric Fier – Mr. Fier is a Certified Professional Geologist (USA) and Engineer (Canada) with over 35 years of experience in the international mining industry, including exploration, acquisition, development and production of numerous mining projects in the U.S., Guyana,
Slide 90: Contact Information
Contact Information Corporate Office Coeur Mining, Inc. 200 S. Wacker Dr., Suite 2100 Chicago, IL 60606 Main Telephone +1 (312) 489-5800 Stock Ticker NYSE: CDE Website www.coeur.com Contact Jeff Wilhoit Senior Director, Investor Relations investors@coeur.com NYSE: CDE 90 JC 2016
Coeur Mining — TD Cowen 17th Annual Global Mining Conference 2026 on 6ix