Coeur Mining, Inc. · NYSE:CDE
Coeur Mining — Q1 2025 Earnings Presentation
77 slides from Coeur Mining's earnings presentation, May 8, 2025
Slide 1: 2025 First Quarter Earnings
2025 First Quarter Earnings 11:00 a.m. ET, May 8, 2025 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 strategic priorities and company strategies, growth, anticipated production, costs and expenses, exploration and de
Slide 3: First Quarter 2025 Highlights
First Quarter 2025 Highlights • Solid quarterly production and cost performance • Strong net income, free cash flow and adjusted EBITDA1,2 • Remaining revolver balance reduced by $85 million • Las Chispas integration proceeding smoothly • Rochester on-track to achieve 2025 guidance ranges
Slide 4: Production Summary
Production Summary Full-Year Full-Year Guidance Implied 1Q 2025 Guidance1 Progress2 Profile by Quarter3 2Q - 4Q 2025 Comments Gold Production (oz) • Quarterly production reflects 1.5 months after Las Chispas 7,175 42,500 – 52,500 15% 14% 35,325 – 45,325 the SilverCrest transaction closed on February
Slide 5: A More Balanced Coeur
A More Balanced Coeur With the completion of the Rochester expansion and the integration of Las Chispas, the Company’s combined operations reflect a more balanced, U.S. centric portfolio First Quarter 2025 Revenue Mix Au Ag ~65% ~35% ~16% ~16% Las Chispas Palmarejo 57% ~18% $360M Rochester ~27% Kens
Slide 6: Rochester Expansion Overview
Rochester Expansion Overview Rochester is one of the largest operations of its kind in the world and is America’s largest source of domestically produced and refined silver. 2025 represents the first full year post-expansion with significant expected production increases, materially lower expected c
Slide 7: Las Chispas: Tier 1, High Grade, Silver Producing Mine
Las Chispas: Tier 1, High Grade, Silver Producing Mine Silver and Silver Equivalent Grade1 (g/t) 965 867 784 712 690 639 574 598 588 520 539 502 442 444 395 378 407 380 399 398 343 366 350 355 328 327 299 260 253 276 270 283 254 270 248 217 223 234 172 192 154 152 124 127 Las Saucito Greens La San S
Slide 8: Sustaining a Higher Level of Exploration Investment
Sustaining a Higher Level of Exploration Investment The Company remains focused on delivering results through the drill bit in 2025, with significant investments at Palmarejo, Las Chispas and Silvertip targeting resource expansion and targeting reserve increases at Kensington and Wharf Total Explora
Slide 9: Las Chispas Exploration Update
Las Chispas Exploration Update Las Chispas is seeing early exploration success with a new discovery called Augusta, which is part of the Gap zone and along planned underground development Augusta Planned ramp LC to BAN Las Chispas Chiltepin Long section Block Block Semi-massive argentite (silver sul
Slide 10: Palmarejo Exploration Update
Palmarejo Exploration Update Following a ~75% increase in inferred mineral resources on a gold equivalent basis1 in 2024, overall exploration efforts continue to trend to the East, with drilling identifying areas of high-grade in historic Fresnillo resource corridor • Large, highly prospective dist
Slide 11: Financial Summary
Financial Summary ($M, except metal sales, adj. EBITDA margin and per share amounts) 1Q 2025 4Q 2024 QoQ ∆ 1Q 2024 YoY ∆ Metal Sales Avg. Realized Price Per Ounce (Au) $2,635 $2,399 10% $1,864 41% Avg. Realized Price Per Ounce (Ag) $32.05 $31.11 3% $23.57 36% Gold ounces sold (oz) 89,316 85,554 4% 8
Slide 12: Continued Improvement in Financial Results
Continued Improvement in Financial Results With the addition of Las Chispas, the expansion of Rochester, and the power of a well-balanced portfolio, coupled with higher metals prices, Coeur is seeing a step-change in its cash flow and margin profile Adjusted EBITDA/Margin1,2,3 ($M) ~ $700 40% 41% 38
Slide 13: Pro Forma First Quarter Free Cash Flow
Pro Forma First Quarter Free Cash Flow1 Better than expected first quarter free cash flow included multiple one-time and annual first quarter outflows and inflows Pro Forma Free Cash Flow1 ($M) $8 $15 $15 $42 $76 $50 ($72) $18 1Q 2025A Mexico Tax Prepay Transaction Annual Incentive Rochester Bullion
Slide 14: 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-$225M 70% 77% 40% 31% Las Chispas Palmarejo Rochester Sust
Slide 15: Balance Sheet Update
Balance Sheet Update LTM Adjusted EBITDA / Net Leverage Ratio1,2,3 ($M) $700 4.1x 3.2x $444 $339 1.6x $162 0.9x $101 Jun. 30, 2023 Mar. 31, 2024 Dec. 31, 2024 Mar. 31, 2025 Dec. 31, 2025E Debt and Leverage Summary1,3 1Q 2025 Balance Sheet Highlights ($M) Dec. 31, Mar. 31, • Revolving credit facilit
Slide 16: Inflationary Cost Pressures Subsiding
Inflationary Cost Pressures Subsiding Coeur has begun to experience inflationary pressures subsiding in recent quarters – particularly compared to 24 months ago Diesel Cost Per Gallon Materials, Parts & Supplies Cost Per Ore Ton Mined (2 0 % ) (1 4 % ) $7.73 $3.62 $3.29 $5.69 $5.54 $3.17 $4.91 $3.09
Slide 17: Looking Ahead: Key Deliverables for 2025
Looking Ahead: Key Deliverables for 2025 • Deliver strong post-expansion results at Rochester • Successfully integrate Las Chispas • Continue to deleverage the balance sheet • Invest in high-return exploration opportunities at existing operations • Accelerate investment at Silvertip to expand r
Slide 18: 2025 Guidance Remains Unchanged
2025 Guidance Remains Unchanged1 Production Outlook Gold (oz) Silver (K oz) Las Chispas 42,500 – 52,500 4,250 – 5,250 Palmarejo 95,000 – 105,000 5,400 – 6,500 Rochester 60,000 – 75,000 7,000 – 8,300 Kensington 92,500 – 107,500 - Wharf 90,000 – 100,000 50 – 200 Consolidated 380,000 – 440,000 16,700 –
Slide 19: Responsibility Highlights
Responsibility Highlights NYSE: CDE 19 JC 2016
Slide 20: 2024 Responsibility Report
2024 Responsibility Report Coeur published its sixth annual Responsibility Report on May 8, 2025, highlighting its most recent health, safety, environmental and social performance along with increased disclosure on our approach to managing material1 sustainability topics Meeting sustainability goals
Slide 21: Achieving the GHG Target
Achieving the GHG Target Since setting the first GHG net intensity reduction goal in 2021, Coeur reduced its net emissions intensity by 38% at the end of 2024 compared to our base year1 — surpassing the 35% target The Role of Renewable Energy In 2024, cost-effective renewable energy cut market-based
Slide 22: Strong Governance
Strong Governance Governance practices remain a cornerstone of Coeur’s sustainability strategy to integrate responsible practices throughout all material1 topics aiming to promote long-term value creation and accountability Updated Materiality1 Assessment Annual Review of Water Stewardship Aims to s
Slide 23: 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 24: Appendix
Appendix NYSE: CDE 24 JC 2016
Slide 25: 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 26: 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 27: Palmarejo (cont.)
Palmarejo (cont.) Production and Cost Performance Operating Cash Flow and Capital Expenditures ($M) Operating cash flow $1,006 $14.37 Capital expenditures $55.6 $901 $15.92 $15.24 $818 $894 $882 $13.18 $12.60 $33.1 33 1,818 1,823 $25.6 $23.7 28 1,680 25 1,596 1,542 22 23 $9.9 $8.7 $6.8 $8.0 $5.9 $5.
Slide 28: Rochester
Rochester The Rochester mine is an open pit, heap leach silver-gold operation, located in northern Nevada, which completed a significant expansion that is driving a step-change in production and cash flow Asset Overview Share of Companywide 2025E2 Production Ownership 100% Gold Silver Employees1 431
Slide 29: Rochester (cont.)
Rochester (cont.) Production and Cost Performance Operating Cash Flow and Capital Expenditures ($M) $1,813 $1,735 Operating cash flow $1,630 $1,670 Capital expenditures $1,495 $21.58 $20.88 $18.17 $17.96 $18.41 1,550 1,284 1,155 $27.5 973 16 $21.2 $26.0 13 $13.8 $14.9 699 $10.1 10 $3.2 8 6 ($5.9) ($
Slide 30: Kensington
Kensington The Kensington mine is an underground gold operation located in southeast Alaska, consisting of the Kensington Main deposit, Raven deposit, Jualin deposit, as well as other nearby deposits and exploration targets Asset Overview Share of Companywide 2025E2 Production Ownership 100% Gold Em
Slide 31: Kensington (cont.)
Kensington (cont.) Production and Cost Performance Operating Cash Flow and Capital Expenditures ($M) Operating cash flow2 Capital expenditures $26.3 $1,840 $1,882 $1,734 $21.5 $1,539 $1,529 $20.0 $18.9 $18.0 $16.5 $15.5 27 $13.3 23 24 23 21 $4.6 $1.5 1Q 2024 2Q 2024 3Q 2024 4Q 2024 1Q 2025 1Q 2024 2
Slide 32: Wharf
Wharf The Wharf mine is an open pit, heap leach gold operation located in western South Dakota. The property consists of several areas of adjoining gold mineralization, which have been mined as a series of open pits Asset Overview Share of Companywide 2025E2 Production Ownership 100% Gold Silver 1%
Slide 33: Wharf (cont.)
Wharf (cont.) Production and Cost Performance Operating Cash Flow and Capital Expenditures ($M) Operating cash flow $1,260 $51.6 Capital expenditures $1,165 $885 $902 $822 34 $22.1 22 22 20 20 $17.0 $15.7 $11.1 $7.4 $2.8 $2.9 $0.3 $1.2 1Q 2024 2Q 2024 3Q 2024 4Q 2024 1Q 2025 1Q 2024 2Q 2024 3Q 2024
Slide 34: Silvertip
Silvertip The Silvertip critical minerals exploration project is one of the highest-grade polymetallic projects in the world. The site is located in northern British Columbia, Canada and sits within a highly prospective land package Asset Overview Ownership 100% Employees1 71 Claims 98,834 net acres
Slide 35: Non-GAAP Reconciliations
Non-GAAP Reconciliations NYSE: CDE 35 JC 2016
Slide 36: Non-GAAP to U.S. GAAP Reconciliation for Guidance
Non-GAAP to U.S. GAAP Reconciliation for Guidance Unaudited Costs Applicable to Sales Guidance for 2025 ($ thousands, except metal sales and per ounce amounts) Las Chispas Palmarejo Rochester Kensington Wharf Costs applicable to sales, including amortization (U.S. GAAP) $144,729 $245,767 $275,743 $2
Slide 37: Non-GAAP to U.S. GAAP Reconciliation
Non-GAAP to U.S. GAAP Reconciliation Costs Applicable to Sales Unaudited 3 months ended March 31, 2025 ($ 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 $52,88
Slide 38: Non-GAAP to U.S. GAAP Reconciliation (cont.)
Non-GAAP to U.S. GAAP Reconciliation (cont.) Costs Applicable to Sales Unaudited 12 months ended December 31, 2024 ($ 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 $195,
Slide 39: Non-GAAP to U.S. GAAP Reconciliation (cont.)
Non-GAAP to U.S. GAAP Reconciliation (cont.) Costs Applicable to Sales Unaudited 3 months ended December 31, 2024 ($ thousands, except metal sales and per ounce amounts) Palmarejo Rochester Kensington Wharf Silvertip Total Costs applicable to sales, including amortization (U.S. GAAP) $35,932 $35,690
Slide 40: Non-GAAP to U.S. GAAP Reconciliation (cont.)
Non-GAAP to U.S. GAAP Reconciliation (cont.) Costs Applicable to Sales Unaudited 3 months ended September 30, 2024 ($ 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 $49,64
Slide 41: Non-GAAP to U.S. GAAP Reconciliation (cont.)
Non-GAAP to U.S. GAAP Reconciliation (cont.) Costs Applicable to Sales Unaudited 3 months ended June 30, 2024 ($ thousands, except metal sales and per ounce amounts) Palmarejo Rochester Kensington Wharf Silvertip Total Costs applicable to sales, including amortization (U.S. GAAP) $59,070 $45,225 $47
Slide 42: Non-GAAP to U.S. GAAP Reconciliation (cont.)
Non-GAAP to U.S. GAAP Reconciliation (cont.) Costs Applicable to Sales Unaudited 3 months ended March 31, 2024 ($ thousands, except metal sales and per ounce amounts) Palmarejo Rochester Kensington Wharf Silvertip Total Costs applicable to sales, including amortization (U.S. GAAP) $66,896 $33,632 $4
Slide 43: Non-GAAP to U.S. GAAP Reconciliation (cont.)
Non-GAAP to U.S. GAAP Reconciliation (cont.) Unaudited Adjusted Net Income (Loss) ($ thousands) 1Q 2025 2024 4Q 2024 3Q 2024 2Q 2024 1Q 2024 2023 Net income (loss) $33,353 $58,900 $37,853 $48,739 $1,426 ($29,117) ($103,612) Fair value adjustments, net 346 - - - - - (3,384) Foreign exchange (gain) lo
Slide 44: Non-GAAP to U.S. GAAP Reconciliation (cont.)
Non-GAAP to U.S. GAAP Reconciliation (cont.) Unaudited Adjusted EBITDA ($ thousands) 1Q 2025 2024 4Q 2024 3Q 2024 2Q 2024 1Q 2024 2023 2Q 2023 Net income (loss) $33,353 $58,900 $37,853 $48,739 $1,426 ($29,117) ($103,612) ($32,412) Interest expense, net of capitalized interest 10,450 51,276 11,886 13
Slide 45: Non-GAAP to U.S. GAAP Reconciliation (cont.)
Non-GAAP to U.S. GAAP Reconciliation (cont.) Unaudited LTM Adjusted EBITDA ($ thousands) 1Q 2025 4Q 2024 3Q 2024 2Q 2024 1Q 2024 2Q 2023 Net income (loss) $121,370 $58,900 ($4,457) ($74,305) ($108,142) ($65,353) Interest expense, net of capitalized interest 48,779 51,276 46,785 40,907 34,656 28,424
Slide 46: Non-GAAP to U.S. GAAP Reconciliation (cont.)
Non-GAAP to U.S. GAAP Reconciliation (cont.) Unaudited Free Cash Flow ($ thousands) 1Q 2025 2024 4Q 2024 3Q 2024 2Q 2024 1Q 2024 2023 Cash flow from operating activities $67,635 $174,234 $63,793 $111,063 $15,249 ($15,871) $67,288 Capital expenditures (50,002) (183,188) (47,720) (41,980) (51,405) (42
Slide 47: 2024 Proven and Probable Mineral Reserves
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 48: 2024 Measured and Indicated Mineral Resources
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 49: 2024 Inferred Mineral Resources
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 50: Notes to 2024 Mineral Reserves
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 51: Notes to 2024 Mineral Resources
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 52: Notes to 2024 Mineral 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 53: 2023 Proven and Probable Mineral Reserves
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 54: 2023 Measured and Indicated Mineral Resources
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 55: 2023 Inferred Mineral Resources
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 56: Notes to 2023 Mineral Reserves
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 57: Notes to 2023 Mineral Resources
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 58: Notes to 2023 Mineral 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 59: 2022 Proven and Probable Mineral Reserves
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 60: 2022 Measured and Indicated Mineral Resources
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 61: 2022 Inferred Mineral Resources
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 62: Notes to 2022 Mineral Reserves
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 63: Notes to 2022 Mineral Resources
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 64: Notes to 2022 Mineral 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 65: 2021 Proven and Probable Mineral Reserves
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 66: 2021 Measured and Indicated Mineral Resources
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 67: 2021 Inferred Mineral Resources
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 68: Notes to 2021 Mineral Reserves
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 69: Notes to 2021 Mineral Resources
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 70: Notes to 2021 Mineral 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 71: 2019 Proven and Probable Mineral Reserves
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 72: 2019 Measured and Indicated Mineral Resources
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 73: 2019 Inferred Mineral Resources
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 74: 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 75: 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 76: 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 77: 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 77 JC 2016