Slide 1: Third Quarter Earnings
2018 Third Quarter Earnings 11:00am ET, November 1, 2018 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, expectations regarding environmental, social and governance (“ESG”) in
Slide 3: Quarter in Review
Quarter in Review NYSE: CDE 3 JC 2016
Slide 4: Third Quarter 2018 Highlights
Third Quarter 2018 Highlights • Lower all-in sustaining costs1 (“AISC”) remain below full-year guidance range • Strong production and cost performance at Rochester • One-time events at Palmarejo and Wharf impacted production and costs • Commercial production achieved at Silvertip on September 1, 201
Slide 5: Financial Summary
Financial Summary ($M, except per share amounts) 3Q 2018 2Q 2018 QoQ Δ 3Q 2017 YoY Δ Silver ounces sold (M oz)1 2.9 3.2 (8%) 2.9 2% Gold ounces sold (oz)1 89,609 94,455 (5%) 89,972 (0%) Zinc pounds sold (M lbs)1 1.8 - - Lead pounds sold (M lbs)1 1.2 - - Revenue $148.8 $170.0 (12%) $159.9 (7%) Costs
Slide 6: Production Summary
Production Summary Companywide Production 12.8 10.8 10.6 10.1 9.9 10.1 8.6 118,756 8.3 8.8 8.2 93,293 94,052 85,383 87,539 3.7 3.0 3.2 3.2 2.9 3Q 2017 4Q 2017 1Q 2018 2Q 2018 3Q 2018 AgEqOz1, 60:1 (M oz) AgEqOz1, avg. spot (M oz) Silver production (M oz) Gold production (oz) 4% Year-Over-Year Produc
Slide 7: U.S. Remains Largest Share of Sales Mix
U.S. Remains Largest Share of Sales Mix The Company’s sales mix reflects its strategy of developing a balanced and high-quality portfolio of mines in geopolitically sound jurisdictions, with Silvertip’s share expected to continue climbing over the next several quarters 3Q 2018 Metal Sales by Asset …
Slide 8: Lower AISC Remains Below Full-Year Guidance Range
Lower AISC1 Remains Below Full-Year Guidance Range Companywide unit costs remained relatively flat compared to the prior quarter and 3Q 2017 and below full-year guidance range. Capital expenditures declined 4% quarter-over-quarter due to lower sustaining capex, partially offset by higher development
Slide 9: Strong Production and Cost Performance at Rochester
Strong Production and Cost Performance at Rochester Silver equivalent1 production increased 17% Q-o-Q and 26% Y-o-Y. Adj CAS per average spot AgEqOz1,2 declined 4% Q-o-Q and 8% Y-o-Y to $11.42 Silver Equivalent1 Production (K oz) 2,501 2,172 1,846 1,861 1,727 3Q 4Q 1Q 2Q 3Q Initial high pressure gri
Slide 10: Silvertip: Commercial Production Achieved
Silvertip: Commercial Production Achieved Coeur declared commercial production at its Silvertip silver-zinc-lead operation in northern British Columbia on September 1st. October plant performance established new records for availability and throughput • Expected to add high-margin, low-cost cash flo
Slide 11: Silvertip: Progress Update
Silvertip: Progress Update Total Tonnes Processed Average Daily Throughput (mtpd) 13,502 482 451 387 9,664 350 8,568 310 6,997 250 259 5,580 5,687 196 4,257 1,571 March April May June July August September October 1 March April May June July August September October 1 Operating Days Highlights 28 •
Slide 12: Coeur's Capital Allocation Framework
Coeur’s Capital Allocation Framework Mining is capital intensive and requires a disciplined approach to capital allocation with a view toward long-term reserve replacement and growth Reflects the Company’s values Safety / Environment / − Mitigates risk for stakeholders Sustainability Establish
Slide 13: Northern Empire: Near- and Long-Term Value Potential
Northern Empire: Near- and Long-Term Value Potential On October 1, 2018, Coeur completed the acquisition of Northern Empire, which controls a 143 km2 land package in southern Nevada Sterling Mine Asset Map • Past producing high-grade (3.6 g/t)1 open pit mine • 4Q 2018 and 2019 drilling to focus on b
Slide 14: Lincoln Hill: Further Expanding Footprint in Nevada
Lincoln Hill: Further Expanding Footprint in Nevada On October 16, 2018, Coeur announced an agreement to acquire an extensive property package adjacent to its Rochester operation in northern Nevada Transaction Overview Asset Map • Acquisition of the Lincoln Hill Project, Wilco Project, Gold Ridge Pr
Slide 15: Strong Liquidity and Enhanced Credit Facility
Strong Liquidity and Enhanced Credit Facility Significant Liquidity $M September 30, 2018 ($M) 5.875% senior notes due 2024 245.7 5.5x Revolving credit facility 120.0 Capital lease obligations 63.5 3.4x TOTAL DEBT $429.2 2.2x Cash and cash equivalents $104.7 1.6x $205.7 Available revolver balance 68
Slide 16: Summary of Amended Manquiri Terms
Summary of Amended Manquiri Terms On September 25, 2018, Coeur announced an amendment to the terms of certain deferred compensation received in connection with the sale of its San Bartolomé mine in Bolivia, which closed on February 28, 2018 Original Terms Amended Terms Key Considerations for Amendme
Slide 17: Tracking Towards Full-Year Guidance
Tracking Towards Full-Year Guidance Full-Year YTD 3Q1 YTD1 Guidance1 Progress2 Implied 4Q2 Comments Silver Equivalent1 Production by Mine, except for Wharf and Kensington, which are stated in gold ounces • Mining rates have normalized following Palmarejo 3.2 M 11.1 M 14.4 – 15.1 M 75% 3.3 – 4.0 M th
Slide 18: Looking Ahead
Looking Ahead • Operations at Palmarejo and Wharf have normalized; 4Q production at both mines is anticipated to improve • Strong performance at Rochester expected to continue in 4Q – Initial HPGR unit planned for 1Q 2019 with silver recoveries and cash flow impact beginning as early as 2Q 2019 • Mi
Slide 19: 2018 Guidance
2018 Guidance1 2018 Production Outlook Silver (K oz) Gold (oz) Zinc (K lbs) Lead (K lbs) AgEqOz2 (K oz) Palmarejo 7,500 – 7,900 115,000 – 120,000 - - 14,400 – 15,100 Rochester 4,800 – 5,200 48,000 – 52,000 - - 7,680 – 8,320 Kensington - 115,000 – 120,000 - - 6,900 – 7,200 Wharf - 85,000 – 90,000 - -
Slide 20: ESG Highlights
ESG Highlights NYSE: CDE 20 JC 2016
Slide 21: What Matters to Coeur
What Matters to Coeur Environmental • Training and Development • Green House Gas Emissions • Health, Safety & Security • Biodiversity Society • Waste Minimization • Investment in Local Communities • Water Stewardship • Indigenous Rights • Closure Planning • Human Rights Social Governance Human Capit
Slide 22: UN Sustainable Development Goals (SDGs)
UN Sustainable Development Goals (SDGs) “The blueprint to achieve a better and more sustainable future for all”1 (1) https://www.un.org/sustainabledevelopment/sustainable-development-goals NYSE: CDE 22 JC 2016
Slide 23: Coeur Aligns with the SDGs
Coeur Aligns with the SDGs What do the SDGs have to do with Coeur? By aligning with the SDGs, we join the growing trend of businesses and organizations using the SDGs to clearly communicate their sustainability and social responsibility activities, including many peers and the Silver Institute Coeur
Slide 24: Demonstrating Our Commitment
Demonstrating Our Commitment Biodiversity & Investment in Local Communities Palmarejo operates three large greenhouses, growing local plants. Some can be used for reforestation and others provide produce that the community members can then harvest and sell. Water Biodiversity & Stewardship Closure P
Slide 25: Demonstrating Our Commitment (cont.)
Demonstrating Our Commitment (cont.) Health, Safety & Security & Biodiversity Since being purchased by Coeur, Silvertip has improved their environmental efforts by initiating reclamation efforts to mitigate soil erosion and habitat disruption along the public access road. These efforts lead to a saf
Slide 26: Demonstrating Our Commitment (cont.)
Demonstrating Our Commitment (cont.) Best-in-Class Governance Practices Board Refreshment and • Two new independent directors added to the Board in February 2018 and Succession Planning five directors – or 50% of the Board – added in last five years • In 2017, the Board engaged a third party to cons
Slide 27: Industry-Leading Safety Performance
Industry-Leading Safety Performance In 2017, Coeur achieved the National Mining Association CORESafety certification Since 2012, the Company’s injury frequency rates are significantly below industry averages Lost-Time Injury Frequency Rate Total Reportable Injury Frequency Rate Industry average1 Ind
Slide 28: Significantly Improved Corporate Governance Profile
Significantly Improved Corporate Governance Profile Corporate Governance Enhancements Since 2010 2010 2018 Independent Board Chairman Entire Board of Directors is independent other than CEO Gender diversity on the Board Majority voting standard for uncontested Director elections Robu
Slide 29: 2017 CEO Compensation Tied to Stockholder Returns
2017 CEO Compensation Tied to Stockholder Returns 60% of compensation linked to stock performance (Based 100% on Company Performance) NYSE: CDE 29 JC 2016
Slide 30: 2018 Incentive Plan Aligned with Strategic Objectives
2018 Incentive Plan Aligned with Strategic Objectives TRIFR1 % Reduction (with potential modifier PROTECT for top/bottom quartile performance vs. top tier U.S. metals companies) AIP2 15% % Reduction in Significant Spills DEVELOP Three-Year Growth in Reserves and PSU3 50% Measured & Indicated Resourc
Slide 31: Diverse Board Led by Independent Chair
Diverse Board Led by Independent Chair • Nine out of ten Directors are independent (all except CEO); all four main committees comprised of independent directors only • Two new directors appointed in February 2018 having skills and experiences that complement other directors • Balance of newer and lo
Slide 32: Appendix
Appendix NYSE: CDE 32 JC 2016
Slide 33: Palmarejo
Palmarejo Ownership 100% Claims 112,520 net acres Type Underground Crushing, grinding, flotation, CIL, Processing Merrill-Crowe precipitation, refining Metals Silver and gold doré Mine life ~6 years Palmarejo Chihuahua, Northern Mexico 2018E1 Production Share of 2017 R&R3 2017 Reserves and Resources
Slide 34: Palmarejo (cont.)
Palmarejo (cont.) Production and Cost Performance Operating Cash Flow and Capital Expenditures ($M) Operating cash flow $9.76 $9.39 Capital expenditures $8.01 $7.64 $7.54 $8.68 $52.1 $7.93 $6.64 $6.94 $6.64 2,346 38 2,013 2,066 34 1,908 29 30 $27.3 28 1,544 $18.5 $9.3 $9.5 $8.6 $5.5 $7.0 $4.7 $1.3 3
Slide 35: Rochester
Rochester Ownership 100% Claims 16,494 net acres Type Open pit and heap leach Crushing, dump heap leaching, Processing Merrill-Crowe precipitation, refining Metals Silver and gold doré Rochester Mine life ~21 years Nevada, U.S. 2018E1 Production Share of 2017 R&R3 2017 Reserves and Resources3 (AgEqO
Slide 36: Rochester (cont.)
Rochester (cont.) Production and Cost Performance Operating Cash Flow and Capital Expenditures ($M) Operating cash flow $13.69 $13.33 $13.36 $13.04 Capital expenditures $12.77 $12.46 $26.1 $11.89 $11.87 $11.37 $11.42 1,361 1,290 19 1,157 1,125 1,070 15 12 $9.7 11 11 $6.8 $6.0 $5.7 $3.4 $2.6 $3.6 $1.
Slide 37: What is HPGR?
What is HPGR? High pressure grinding rolls are relatively new to precious metals operations, although the technology has been proven in processing other materials • HPGRs have been used in the aggregates sector for decades, though early challenges associated with surface wear of the rollers delayed
Slide 38: Summary of Rochester PEA
Summary of Rochester PEA1 PEA Highlights 2017 TR 2018 PEA Proven and probable reserves • Re-scoped mine plan and PEA incorporate the Mineralized material tons K tons 244,804 Mineralized material gold grade oz/t 0.003 anticipated economic benefit from: Mineralized material silver grade oz/t 0.46 Meas
Slide 39: Notes to Rochester's Re-Scoped Mine Plan and PEA
Notes to Rochester’s Re-Scoped Mine Plan and PEA (a) 2018 PEA is effective December 31, 2017 and filed March 5, 2018 and the 2017 Technical Report is effective December 31, 2016. (b) Assumed metals prices for estimated Mineral Resources included in the 2018 Technical Report were $20.00 per ounce of
Slide 40: Wharf
Wharf Ownership 100% Claims 7,852 net acres Type Open pit and heap leach Crushing, “on-off” heap leaching, Processing spent ore neutralization, carbon absorption/desorption Wharf South Dakota, U.S. Metals Electrolytic cathodic sludge Mine life ~7 years 2018E1 Production Share of 2017 R&R3 2017 Reser
Slide 41: Wharf (cont.)
Wharf (cont.) Production and Cost Performance Operating Cash Flow and Capital Expenditures ($M) Operating cash flow $870 $895 $824 Capital expenditures $719 $682 $17.2 $15.0 27 $11.5 26 23 19 18 $3.1 $3.3 $3.7 $1.2 $1.2 $0.3 ($1.4) 3Q 2017 4Q 2017 1Q 2018 2Q 2018 3Q 2018 3Q 2017 4Q 2017 1Q 2018 2Q 2
Slide 42: Kensington
Kensington Ownership 100% Claims 12,336 net acres Type Underground Processing Crushing, grinding, flotation Kensington processing Alaska, U.S. Metals Gold concentrate Mine life ~5 years 2018E1 Production Share of 2017 R&R3 2017 Reserves and Resources3 (AgEqOz2) (AgEqOz2) Grade (oz/t) Ounces (contain
Slide 43: Kensington (cont.)
Kensington (cont.) Production and Cost Performance Operating Cash Flow and Capital Expenditures ($M) Operating cash flow $1,195 Capital expenditures $1,091 $16.8 $1,010 $946 $896 35 $12.0 $12.0 $11.4 $10.7 $10.1 28 $9.3 26 26 26 $4.6 $3.2 ($0.4) 3Q 2017 4Q 2017 1Q 2018 2Q 2018 3Q 2018 3Q 2017 4Q 201
Slide 44: Kensington: Growth Driven by High-Grade Focus
Kensington: Growth Driven by High-Grade Focus Drilling at Kensington has remained focused on both upgrading resources, as well as discovering and expanding high-grade veins • Resource infill and expansion at Kensington Main – Continued expansion Blocks M and L in lower Kensington – Underway in 2H, i
Slide 45: Silvertip
Silvertip Ownership 100% Claims 90,156 net acres Type Underground Silvertip British Columbia, Canada Crushing, grinding, flotation Processing processing, concentrate thickening Metals Lead concentrate, zinc concentrate 2018E1 Production Share of 2017 R&R3 2017 Reserves and Resources3 (AgEqOz2) (AgEq
Slide 46: Sterling Gold Project: Resource Estimate and Sensitivities
Sterling Gold Project: Resource Estimate and Sensitivities Sterling Deposit Inferred Gold Resource Daisy Deposit Inferred Gold Resource Cutoff Average Contained Cutoff Average Contained Resource Type Tonnes Resource Type Tonnes Grade Grade Au Grade Grade Au (Au g/t) (‘000) (Au g/t) (oz ‘000) (Au g/t
Slide 47: Lincoln Hill and Wilco Project: Resource Estimates
Lincoln Hill and Wilco Project: Resource Estimates Lincoln Hill Resource Estimates Wilco Project Resource Estimates Grade (g/t) Ounces (contained) Grade (g/t) Ounces (contained) Cutoff Grade Cutoff Grade AuEq (g/t) Tonnes Gold Silver Gold Silver AuEq (g/t) Tonnes Gold Silver Gold Silver MEASURED RES
Slide 48: Non-GAAP Reconciliations
Non-GAAP Reconciliations NYSE: CDE 48 JC 2016
Slide 49: Non-GAAP to U.S. GAAP Reconciliation
Non-GAAP to U.S. GAAP Reconciliation Unaudited Adjusted Net Income (Loss) ($ thousands) 3Q 2018 2Q 2018 1Q 2018 2017 4Q 2017 3Q 2017 2016 2015 2014 Net income (loss) ($53,044) $2,930 $1,241 ($1,319) $7,625 ($16,652) $55,352 ($367,183) ($1,186,874) Income (loss) from discont. ops., net of tax - - (55
Slide 50: Non-GAAP to U.S. GAAP Reconciliation (cont.)
Non-GAAP to U.S. GAAP Reconciliation (cont.) Unaudited Adjusted EBITDA ($ thousands) 3Q 2018 2Q 2018 1Q 2018 2017 4Q 2017 3Q 2017 2016 2015 2014 Net income (loss) ($53,044) $2,930 $1,241 ($1,319) $7,625 ($16,652) $55,352 ($367,183) ($1,186,874) Income (loss) from discont. ops., net of tax - - (550)
Slide 51: Non-GAAP to U.S. GAAP Reconciliation (cont.)
Non-GAAP to U.S. GAAP Reconciliation (cont.) Unaudited Free Cash Flow and Cash Flow From Operating Activities per Share Free Cash Flow, Consolidated ($ thousands) 3Q 2018 2Q 2018 1Q 2018 2017 4Q 2017 3Q 2017 2016 2015 2014 Cash flow from operating activities $5,789 ($1,294) $15,541 $197,160 $91,811
Slide 52: Non-GAAP to U.S. GAAP Reconciliation (cont.)
Non-GAAP to U.S. GAAP Reconciliation (cont.) Unaudited Leverage Ratios (for Continuing Operations in the Period Noted) LTM Adjusted EBITDA Consolidated Debt ($ thousands) 3Q 2018 3Q 2015 ($ thousands) 3Q 2018 3Q 2015 Net income (loss) ($41,248) ($1,174,213) Cash and cash equivalents $104,746 $205,70
Slide 53: Non-GAAP to U.S. GAAP Reconciliation (cont.)
Non-GAAP to U.S. GAAP Reconciliation (cont.) Unaudited Amortization per Ounce ($ thousands, except per ounce amounts) 3Q 2018 2Q 2018 1Q 2018 4Q 2017 3Q 2017 2Q 2017 Amortization $30,951 $29,220 $30,530 $44,471 $32,112 $30,433 Consolidated silver equivalent ounces sold (average spot) 10,385,649 10,6
Slide 54: Non-GAAP to U.S. GAAP Reconciliation (cont.)
Non-GAAP to U.S. GAAP Reconciliation (cont.) Costs Applicable to Sales Unaudited 9 months ended September 30, 2018 Silver Gold ($ thousands, except per ounce amounts) Palmarejo Rochester Silvertip Total Kensington Wharf Total Total Costs applicable to sales, including amortization (U.S. GAAP) $138,7
Slide 55: Non-GAAP to U.S. GAAP Reconciliation (cont.)
Non-GAAP to U.S. GAAP Reconciliation (cont.) Costs Applicable to Sales Unaudited 3 months ended September 30, 2018 Silver Gold ($ thousands, except per ounce amounts) Palmarejo Rochester Silvertip Total Kensington Wharf Total Total Costs applicable to sales, including amortization (U.S. GAAP) $46,34
Slide 56: Non-GAAP to U.S. GAAP Reconciliation (cont.)
Non-GAAP to U.S. GAAP Reconciliation (cont.) Costs Applicable to Sales Unaudited 3 months ended June 30, 2018 Silver Gold ($ thousands, except per ounce amounts) Palmarejo Rochester Total Kensington Wharf Total Total Costs applicable to sales, including amortization (U.S. GAAP) $44,943 $29,244 $74,1
Slide 57: Non-GAAP to U.S. GAAP Reconciliation (cont.)
Non-GAAP to U.S. GAAP Reconciliation (cont.) Costs Applicable to Sales Unaudited 3 months ended March 31, 2018 Silver Gold ($ thousands, except per ounce amounts) Palmarejo Rochester Total Kensington Wharf Total Total Costs applicable to sales, including amortization (U.S. GAAP) $47,421 $29,136 $76,
Slide 58: Non-GAAP to U.S. GAAP Reconciliation (cont.)
Non-GAAP to U.S. GAAP Reconciliation (cont.) Costs Applicable to Sales Unaudited Year ended December 31, 2017 Silver Gold ($ thousands, except per ounce amounts) Palmarejo Rochester Endeavor Total Kensington Wharf Total Total Costs applicable to sales, including amortization (U.S. GAAP) $219,920 $13
Slide 59: Non-GAAP to U.S. GAAP Reconciliation (cont.)
Non-GAAP to U.S. GAAP Reconciliation (cont.) Costs Applicable to Sales Unaudited 3 months ended December 31, 2017 Silver Gold ($ thousands, except per ounce amounts) Palmarejo Rochester Endeavor Total Kensington Wharf Total Total Costs applicable to sales, including amortization (U.S. GAAP) $58,775
Slide 60: Non-GAAP to U.S. GAAP Reconciliation (cont.)
Non-GAAP to U.S. GAAP Reconciliation (cont.) Costs Applicable to Sales Unaudited 3 months ended September 30, 2017 Silver Gold ($ thousands, except per ounce amounts) Palmarejo Rochester Endeavor Total Kensington Wharf Total Total Costs applicable to sales, including amortization (U.S. GAAP) $49,669
Slide 61: Non-GAAP to U.S. GAAP Reconciliation (cont.)
Non-GAAP to U.S. GAAP Reconciliation (cont.) Costs Applicable to Sales Unaudited Year ended December 31, 2016 Silver Gold ($ thousands, except per ounce amounts) Palmarejo Rochester Endeavor Total Kensington Wharf Total Total Costs applicable to sales, including amortization (U.S. GAAP) $117,419 $11
Slide 62: Non-GAAP to U.S. GAAP Reconciliation (cont.)
Non-GAAP to U.S. GAAP Reconciliation (cont.) Costs Applicable to Sales Unaudited Year ended December 31, 2015 Silver Gold ($ thousands, except per ounce amounts) Palmarejo Rochester Endeavor Total Kensington Wharf Total Total Costs applicable to sales, including amortization (U.S. GAAP) $170,899 $12
Slide 63: Non-GAAP to U.S. GAAP Reconciliation (cont.)
Non-GAAP to U.S. GAAP Reconciliation (cont.) Costs Applicable to Sales Unaudited Year ended December 31, 2014 Silver Gold ($ thousands, except per ounce amounts) Palmarejo Rochester Endeavor Total Kensington Total Costs applicable to sales, including amortization (U.S. GAAP) $256,707 $112,252 $8,514
Slide 64: Non-GAAP to U.S. GAAP Reconciliation (cont.)
Non-GAAP to U.S. GAAP Reconciliation (cont.) Unaudited All-in Sustaining Costs ($ thousands, except per ounce amounts) YTD 3Q 2018 Costs applicable to sales $324,443 Treatment and refining costs 3,792 Sustaining capital 71,196 General and administrative 24,183 Exploration 21,269 Reclamation 13,744 P
Slide 65: Non-GAAP to U.S. GAAP Reconciliation (cont.)
Non-GAAP to U.S. GAAP Reconciliation (cont.) Unaudited All-in Sustaining Costs ($ thousands, except per ounce amounts) 3Q 2018 2Q 2018 1Q 2018 2017 4Q 2017 3Q 2017 2016 2015 2014 Costs applicable to sales $116,857 $108,246 $99,340 $440,260 $121,983 $101,557 $335,375 $403,827 $388,286 Treatment and r
Slide 66: Non-GAAP to U.S. GAAP Reconciliation (cont.)
Non-GAAP to U.S. GAAP Reconciliation (cont.) All-in Sustaining Costs for 2018 Guidance Unaudited Per 60:1 Silver Equivalent Ounce Silver Gold ($ thousands, except per ounce amounts) Palmarejo Rochester Silvertip Total Kensington Wharf Total Total Costs applicable to sales, including amortization (U.
Slide 67: Non-GAAP to U.S. GAAP Reconciliation (cont.)
Non-GAAP to U.S. GAAP Reconciliation (cont.) All-in Sustaining Costs for 2018 Guidance Unaudited Per Spot Silver Equivalent Ounce Silver Gold ($ thousands, except per ounce amounts) Palmarejo Rochester Silvertip Total Kensington Wharf Total Total Costs applicable to sales, including amortization (U.
Slide 68: Average Spot Equivalence
Average Spot Equivalence Average Spot Prices 3Q 2018 2Q 2018 1Q 2018 2017 4Q 2017 3Q 2017 2016 2015 2014 Average silver spot price per ounce $15.02 $16.53 $16.77 $17.05 $16.73 $16.84 $17.14 $15.68 $19.08 Average gold spot price per ounce $1,213 $1,306 $1,329 $1,257 $1,275 $1,278 $1,251 $1,160 $1,266
Slide 69: Reserves and Resources
Reserves and Resources 2017 Proven and Probable Mineral Reserves Grade Contained Location Short tons Silver (oz/t) Gold (oz/t) Lead (%) Zinc (%) Silver (oz) Gold (oz) Lead (lbs) Zinc (lbs) PROVEN RESERVES Palmarejo Mexico 1,571,000 3.81 0.073 5,978,000 115,000 Rochester Nevada, USA 195,724,000 0.45
Slide 70: Reserves and Resources (cont.)
Reserves and Resources (cont.) 2017 Measured and Indicated Mineral Resources (excluding Reserves) Grade Contained Location Short tons Silver (oz/t) Gold (oz/t) Lead (%) Zinc (%) Silver (oz) Gold (oz) Lead (lbs) Zinc (lbs) MEASURED RESOURCES Palmarejo Mexico 629,000 3.07 0.051 1,928,000 32,000 Roches
Slide 71: Reserves and Resources (cont.)
Reserves and Resources (cont.) 2017 Inferred Mineral Resources Grade Contained Location Short tons Silver (oz/t) Gold (oz/t) Lead (%) Zinc (%) Silver (oz) Gold (oz) Lead (lbs) Zinc (lbs) INFERRED RESOURCES Palmarejo Mexico 7,336,000 4.23 0.050 31,061,000 369,000 Rochester Nevada, USA 131,570,000 0.4
Slide 72: Reserves and Resources (cont.)
Reserves and Resources (cont.) 2016 Proven and Probable Mineral Reserves Grade (oz/ton) Ounces (contained) Location Short tons Silver Gold Silver Gold PROVEN RESERVES Palmarejo Mexico 1,569,000 4.44 0.080 6,971,000 126,000 Rochester Nevada, USA 143,686,000 0.48 0.004 68,369,000 503,000 Kensington Al
Slide 73: Reserves and Resources (cont.)
Reserves and Resources (cont.) 2016 Measured and Indicated Mineral Resources (excluding Reserves) Grade (oz/ton) Ounces (contained) Location Short tons Silver Gold Silver Gold MEASURED RESOURCES Palmarejo Mexico 818,000 3.20 0.061 2,618,000 50,000 Rochester Nevada, USA 39,732,000 0.59 0.003 23,281,0
Slide 74: Reserves and Resources (cont.)
Reserves and Resources (cont.) 2016 Inferred Mineral Resources Grade (oz/ton) Ounces (contained) Location Short tons Silver Gold Silver Gold INFERRED RESOURCES Palmarejo Mexico 4,726,000 4.35 0.055 20,540,000 258,000 Rochester Nevada, USA 67,778,000 0.52 0.003 35,554,000 178,000 Kensington Alaska, U
Slide 75: Executive Leadership
Executive Leadership Mitchell J. Krebs – 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 $2 billion of acquisitions and divestitures. Mr. Krebs was previ
Slide 76: Board of Directors
Board of Directors Robert E. Mellor – Former Chairman, Chief Executive Officer, and President of Building Materials Holding Corporation (distribution, manufacturing, and sales of building materials and component products) from 1997 to January 2010, director from 1991 to January 2010; member of the b
Slide 77: Contact Information
Contact Information Corporate Office Coeur Mining, Inc. 104 S. Michigan Ave., Suite 900 Chicago, IL 60603 Main Telephone +1 (312) 489-5800 Stock Ticker CDE: NYSE Website www.coeur.com Contact Paul DePartout Director, Investor Relations investors@coeur.com NYSE: CDE 77 JC 2016