425 1 d878323d425.htm 425 425
BMO Capital Markets Global
Metals & Mining Conference
Mitchell J. Krebs, President, CEO, and Director
February 23 -
25, 2015
Hollywood, Florida
Filed by Coeur Mining, Inc.
Pursuant to Rule 425 under the Securities Act of 1933
and deemed filed pursuant to Rule 14a-12
under the Securities Exchange Act of 1934
Subject Company: Paramount Gold and Silver Corp.
Registration
Statement No. 333-201382

2
NYSE: CDE
Cautionary Statements
This presentation contains forward-looking statements within the meaning of securities legislation in the United States and Canada, including statements regarding
anticipated high-return organic and external growth opportunities, free cash flow, cash conservation, the capacity expansion projects at Rochester, permitting, production, 
costs, crushing rates, recoveries, grades, margins, cash flow, throughput, the new mine plan at Kensington, the anticipated benefits of the Wharf acquisition, the transaction
closing of Paramount Gold and Silver Corp, capital and exploration expenditures, Guadalupe underground mining rates, POA 10 approval at Rochester, open-pit and
underground mining operations at Palmarejo, anticipated royalty payments, development of the Jualin deposit at the Kensington mine, and initiatives to achieve higher-grade
production, efficiencies, lower costs, and balance sheet liquidity. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which
may cause Coeur's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the
forward-looking statements. Such factors include, among others, the risks and hazards inherent in the mining business (including risks inherent in developing large-scale mining
projects, environmental hazards, industrial accidents, weather or geologically related conditions), changes in the market prices of gold and silver and a sustained lower price
environment, the uncertainties inherent in Coeur's production, exploratory and developmental activities, including risks relating to permitting and regulatory delays, ground
conditions, grade variability, any future labor disputes or work stoppages, the uncertainties inherent in the estimation of gold and silver ore reserves, changes that could result
from Coeur's future acquisition of new mining properties or businesses, reliance on third parties to operate certain mines where Coeur owns silver production and reserves
and the absence of control over mining operations in which Coeur or its subsidiaries hold royalty or streaming interests and risks related to these mining operations including
results of mining and exploration activities, environmental, economic and political risks of the jurisdiction in which the mining operations are located, the loss of any third-party
smelter to which Coeur markets silver and gold, the effects of environmental and other governmental regulations, the risks inherent in the ownership or operation of or
investment in mining properties or businesses in foreign countries, Coeur's ability to raise additional financing necessary to conduct its business, make payments or refinance
its debt, as well as other uncertainties and risk factors set out in filings made from time to time with the United States Securities and Exchange Commission, and the Canadian
securities regulators, including, without limitation, Coeur's most recent reports on Form 10-K and Form 10-Q. Actual results, developments and timetables could vary
significantly from the estimates presented. Readers are cautioned not to put undue reliance on forward-looking statements. Coeur disclaims any intent or obligation to update
publicly such forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, Coeur undertakes no obligation to comment on
analyses, expectations or statements made by third parties in respect of Coeur, its financial or operating results or its securities.
Coeur Mining, Inc. is subject to the reporting requirements of the Exchange Act and applicable Canadian securities laws, and as a result we report our mineral reserves
according to two different standards. Canadian reporting requirements for disclosure of mineral properties are governed by National Instrument 43-101 Standards of 
Disclosure for Mineral Projects (“NI 43-101”). The definitions of NI 43-101 are adopted from those given by the Canadian Institute of Mining, Metallurgy and Petroleum. U.S.
reporting requirements, however, are governed by the SEC’s Industry Guide 7 (as interpreted by the SEC, “Guide 7”). Both sets of reporting standards have similar goals in
terms of conveying an appropriate level of confidence in the disclosures being reported, but embody different approaches and definitions. Under Guide 7, mineralization may
not be classified as a “reserve” unless the determination has been made that the mineralization could be economically and legally produced or extracted at the time the
reserve determination is made.
In our public filings in Canada and in certain other announcements not filed with the SEC, we disclose measured, indicated and inferred resources, each as defined in NI
43-101, in addition to our mineral reserves. U.S. investors are cautioned that, while the terms “measured mineral resources,” “indicated mineral resources” and “inferred
mineral resources” are recognized and required by Canadian securities laws, Guide 7 does not recognize them. The estimation of measured resources and indicated resources
involve greater uncertainty as to their existence and economic feasibility than the estimation of proven and probable reserves, and therefore U.S. investors are cautioned not
to assume that all or any part of measured or indicated resources will ever be converted into Guide 7 compliant reserves.
In this presentation, we modify our estimates made in compliance with NI 43-101 to conform to Guide 7 for reporting in the United States. In this presentation, we use
the term “mineralized material” to describe mineralization in mineral deposits that do not constitute “reserves” under U.S. standards. “Mineralized material” is substantially
equivalent to measured and indicated mineral resources (exclusive of reserves) as disclosed for reporting purposes in Canada, except that the SEC only permits issuers to 
report "mineralized material" in tonnage and average grade without reference to contained ounces. We provide disclosure of mineralized material to allow a means of
comparing our projects to those of other companies in the mining industry, many of which are Canadian and report pursuant to NI 43-101, and to comply with applicable
disclosure requirements. We caution you not to assume that all or any part of mineralized material will ever be converted into Guide 7 compliant reserves.

3
NYSE: CDE
Cautionary Statements
Non-U.S. GAAP Measures - We supplement the reporting of our financial information determined under United States generally accepted accounting principles (U.S. GAAP)
with certain non-U.S. GAAP financial measures, including adjusted EBITDA, adjusted net income (loss), costs applicable to sales per silver equivalent ounce, adjusted costs
applicable to sales per silver equivalent ounce, all-in sustaining costs, and adjusted all-in sustaining costs. We believe that these adjusted measures provide meaningful information
to assist management, investors and analysts in understanding our financial results and assessing our prospects for future performance. We believe these adjusted financial
measures are important indicators of our recurring operations because they exclude items that may not be indicative of, or are unrelated to our core operating results, and provide
a better baseline for analyzing trends in our underlying businesses. We believe adjusted EBITDA, adjusted net income (loss), costs applicable to sales per silver equivalent ounce,
adjusted costs applicable to sales per silver equivalent ounce, all-in sustaining costs, and adjusted all-in sustaining costs are important measures in assessing the Company's overall
financial performance. Silver equivalence assumes silver to gold ratio of 60:1.
As required by Canadian securities laws, we hereby notify Canadian investors that the scientific and technical information concerning our mineral projects in this
presentation have been reviewed and approved by a “qualified person” under NI 43-101, namely our Vice President, Technical Services, W. David Tyler (which, for the avoidance of
doubt, excludes the Wharf mine). For a description of the key assumptions, parameters and methods used to estimate mineral reserves included in this presentation, as well as
data verification procedures and a general discussion of the extent to which the estimates may be affected by any known environmental, permitting, legal, title, taxation,
socio-political, marketing or other relevant factors, Canadian investors may view technical reports prepared for each of our properties as filed on SEDAR at www.sedar.com.
Neither the technical reports nor the statements of any qualified person filed with the Canadian securities regulatory authorities are included in, or incorporated by reference in,
this presentation. Because the definitions and standards of NI 43-101 differ from those of Guide 7, investors are cautioned that information contained in reports prepared  
pursuant to NI 43-101, like the technical reports, may not be comparable to similar information that we can disclose in this presentation or the other reports we file with the SEC.
Additional Information and Where to Find It
The proposed acquisition of Paramount Gold and Silver Corp. referenced in this presentation will be submitted to Coeur’s stockholders for their consideration. In connection
with the proposed transaction, Coeur has filed with the SEC a registration statement on Form S-4 that includes a joint proxy statement of Coeur and Paramount that also
constitutes a prospectus of Coeur. Investors and security holders are urged to read the joint proxy statement/prospectus and any other relevant documents filed with the SEC
when they become available, because they will contain important information. Investors and security holders may obtain a free copy of the joint proxy statement/prospectus and
other documents (when available) that Coeur and Paramount file with the SEC at the SEC’s website at www.sec.gov. In addition, these documents may be obtained from Coeur
free of charge by directing a request to investors@coeur.com.
Participants in Solicitation
Coeur and certain of its directors and executive officers may be deemed to be participants in the proposed transaction under the rules of the SEC. Investors and security
holders may obtain information regarding the names, affiliations and interests of Coeur’s directors and executive officers in Coeur’s Annual Report on Form 10-K for the year
ended December 31, 2014, which was filed with the SEC on February 20, 2015, its Annual Report on Form 10-K for the year ended December 31, 2013, which was filed with the SEC
on February 26, 2014, and its proxy statement for its 2014 Annual Meeting, which was filed with the SEC on March 31, 2014. These documents can be obtained free of charge from
the sources listed above. Additional information regarding the interests of these individuals will also be included in the joint proxy statement/prospectus regarding the proposed
transaction when it becomes available.
Non-Solicitation
A registration statement relating to the securities to be issued by Coeur in the proposed transaction will be filed with the SEC, and Coeur will not issue, sell or accept offers to
buy such securities prior to the time such registration statement becomes effective. This document shall not constitute an offer to sell or the solicitation of an offer to buy, nor
shall there be any sale of such securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to appropriate registration or qualification under the
securities laws of such jurisdiction. 

NYSE: CDE
4
Who We Are
One of world’s largest silver mining companies with diversified portfolio of five mines in three countries
Approximately half of sales derived from gold production
Provides
superior
leverage
to
both
precious
metals
–
share
price
has
increased
approximately
20%
YTD
1
Deploying
capital
into
high-return
organic
and
external
growth
opportunities
–
expected
to
lead
to
stronger free cash flow
Strong operational consistency and costs trending down
Leading corporate governance practices
Significant corporate upgrades made in the last two years now showing results
1. As of 2/19/15.

5
NYSE: CDE
Coeur
2014
Coeur
2017
Silver Equivalent Production
(millions of ounces)
32
40 -
45
Gold Equivalent Production
(thousands of ounces)
533
670 -
750
Free Cash Flow
(in millions)
($60)
$190 -
$200
AISC per AgEq Ounce
$19
$14 -
$15
Coeur’s Transition Well Underway
Note: Coeur projections as of February 23, 2015 based on price assumptions of $17.50/oz silver and $1,225/oz gold and assume the closing of the Paramount Gold and Silver acquisition.
Coeur is now positioned to deliver near-term, quality growth in production and free
cash flow with costs expected to drop to among the lowest in the industry in 2017

6
NYSE: CDE
1. 2015E free cash flow includes $55 million cash outflow for the purchase of Wharf and excludes $50 million assumed bridge financing.
Note: Projections as of February 23, 2015 based on price assumptions of $17.50/oz silver and $1,225/oz gold and assume the closing of the Paramount Gold and Silver transaction. See slide 15 in the Appendix
for additional footnotes.   
AgEq Production Profile
All-in Sustaining Costs
Operating Cash Flow
Free Cash Flow
1
Three-year Company Outlook
$17.50 -
$18.50
$17.00 -
$18.00
$14.00 -
$15.00
$0.00
$5.00
$10.00
$15.00
$20.00
$25.00
2015E
2016E
2017E
$190 -
$210
-$110
-$60
-$10
$40
$90
$140
$190
$240
2015E
2016E
2017E
2017E
($100) –
($120)
($90) –
($110)
$270 -
$290
$110 -
$130
$80 -
$100
$0
$50
$100
$150
$200
$250
$300
2015E
2016E
2017E
32.4 –
35.4
32.0 –
35.0
40.0 –
45.0
0.0
10.0
20.0
30.0
40.0
50.0
2015E
2016E
2017E
-$160

7
NYSE: CDE
Recent Evidence of Company’s Execution of Strategy
2014 production of 32.2 million AgEq ounces, at high end of guidance
Achieved significant cost savings YOY including a 26% reduction in G&A, 36% lower capital expenditures, 10%
decline in exploration spending, and costs applicable to sales 8% below initial 2014 guidance
2014 Rochester production increased 50% and 45% for silver and gold, respectively, from the prior year
New stream agreement with Franco-Nevada expected to significantly improve Palmarejo’s cash flow when
current agreement ends in 2016
Underground mining rates at Guadalupe continue to increase, averaging ~500 ore tons per day YTD in 2015
and are expected to reach 1,500 ore tons per day by 3Q
Significant  unit cost reductions at Kensington during 2H 2014 as a result of strong throughput and robust
grade; Kensington production and cost performance expected to continue in 2015
Announced acquisition of Paramount Gold and Silver; commenced tunnel to Independencia / Don Ese and
expect to reach Don Ese by year-end assuming transaction closes
Wharf acquisition closed February 20, six weeks earlier than expected

8
NYSE: CDE
Achieved Significant Cost Savings in 2014
36%
reduction
26%
reduction
10%
reduction
8%
reduction
$93 million in total cost reductions in 2014
Reduced
Exploration
$3M
(2014 vs 2013)     
Reduced
G&A
(2014 vs 2013)
Reduced
Capex
$37M
(2014 vs 2013)
Reduced
CAS
$39M
(2014 vs initial FY
Guidance)
$14M

9
NYSE: CDE
2014 Production Results
Demonstrated consistency at existing operations
Silver ounces in
thousands
Silver
Gold
Silver Equivalent
2014 Guidance
2014 Result
2014 Guidance
2014 Result
2014 Guidance
2014 Result
Palmarejo
6,700 -
7,000
6,558
84,000 -
90,000
86,673
11,740 -
12,400
11,758
San Bartolomé
5,700 -
6,000
5,852
—
—
5,700 -
6,000
5,852
Rochester
4,100 -
4,400
4,189
38,000 -
42,000
44,888
6,380 -
6,920
6,882
Endeavor
500 -
600
590
—
—
500 -
600
590
Kensington
—
—
107,000 -
112,000
117,823
6,420 -
6,720
7,069
Total
17,000 -
18,000
17,188
229,000 -
244,000
249,384
30,740 -
32,640
32,151

10
NYSE: CDE
Proposed Acquisition of Paramount: What Did We Do?
On
December
16,
2014,
Coeur
entered
into
an
agreement
to
acquire
Paramount
Gold
&
Silver
Corp.
by
issuing
approximately 32.7M shares of Coeur and Paramount stockholders receiving shares in “SpinCo”, in an all-stock
transaction valued at $146 million. Transaction expected to close in 2Q 2015
Coeur will receive a 4.9% common share interest in SpinCo, which
will hold Paramount’s non-Mexican assets and US$10M of cash
Expected to close in the second quarter of 2015
Paramount controls more than 121,000 ha surrounding Palmarejo, containing seven known silver and gold deposits
Paramount’s Don Ese high-grade deposit is an extension of Palmarejo’s Independencia deposit
Through utilization of excess processing facility capacity, Coeur anticipates the combined Don Ese and Guadalupe
deposits
over the next eight years
5000 AgEq GT
Ag Eq
gr/t x m
2000 AgEq GT
500   AgEq GT
250   AgEq GT
100   AgEq GT
>50   AgEq GT
NW
SE
could produce an average of approximately six million ounces of silver and 110,000 ounces of gold annually

11
NYSE: CDE
Proposed Acquisition of Paramount: What Does it Do for Coeur?
Enhances
Economics at
Palmarejo
Meets Financial
Criteria
Anticipated to be accretive on 2016 and beyond operating cash flow, free cash flow, and to NAV
Low expected capital of $15 million to achieve initial production by the end of 2015
All-stock transaction preserves Coeur’s liquidity in low price environment
Expected to meaningfully reduce Palmarejo’s and Coeur’s unit costs
Significant
Synergies
Merger expected to provide synergies between Palmarejo and San Miguel development (capex,
operating costs, workforce, equipment, Chihuahua administration)
Removes need to develop stand-alone processing plant at San Miguel by processing material at
Palmarejo’s existing mill
Don Ese development can leverage Guadalupe development
Makes use of excess processing capacity at Palmarejo (6,000 tpd capacity)
Leverages recent modifications to Palmarejo’s processing facility
Unlocks and accelerates value at Independencia and other exploration targets located between
Guadalupe and Don Ese
Provides Palmarejo mill with additional source of production by end of 2015 to supplement
production from Guadalupe
Expected to lower unit costs, increase production and cash flow
Don Ese production free from any non-government third-party royalties or stream obligations
In addition to Don Ese, other San Miguel deposits provide leverage to higher metal prices
Extensive land package offers considerable upside potential through exploration, including
continuation of known structures

12
NYSE: CDE
Acquisition of Wharf: What Did We Do?
On February 20, 2015, Coeur closed the acquisition of the Wharf gold mine located near Lead, South Dakota from
a subsidiary of Goldcorp, Inc.
All cash transaction with a purchase price of $105 million
Open-pit,
heap
leach
gold
mine
which
has
produced
more
than
2
million
ounces
of
gold
over
30+
years
7
years
of
mine
life
based
on
existing
reserves
with
exploration
upside
Experienced, stable, and dedicated workforce of approximately 190 employees
Excellent health, safety, and environmental track record, progressive reclamation history, and strong social
license

13
NYSE: CDE
Acquisition of Wharf: What Does it Do for Coeur?
Immediate Boost to
Cash Flow and
Production
Improves Risk Profile
Reduces Coeur’s
Cost Structure
Attractively Priced
Transaction
Expected to increase Coeur’s 2015 EBITDA by over 30% and boost free cash flow
Expected to increase Coeur’s 2015 AgEq production by approximately 15%
Provides opportunity to take advantage of existing U.S. NOLs
Complements Coeur’s existing geographic profile
Coeur
has
a
25-year
track
record
of
successfully
operating
open
pit,
heap
leach
mines
in the U.S.
Adds stable, established source of production and cash flow to Coeur’s existing portfolio
Long history of reserve replacement
Wharf’s
all-in
sustaining
costs
expected
to
be
$800
-
$875
per
gold
ounce
1
in
2015
Minimal sustaining capital expenditures
Acquisition expected to generate a return in excess of Company’s mid-teen hurdle rate
based on current metal prices
Accretive on all key metrics
No equity issuance
1.
Non-GAAP measure. Guidance provided by Goldcorp on January 12, 2015.

14
NYSE: CDE
•
Production from U.S.
operations expected to
exceed 50% by 2017
•
Bolivia production
contribution drops
significantly by 2017
Contribution by Jurisdiction
Note: 2014 FCF based on actual results and $1,252/oz gold and $18.87/oz silver; 2017E FCF based on $1,225/oz gold and $17.50/oz silver. See slide 15 for additional footnotes.
•
Significant increase
expected in U.S.-sourced
free cash flow
•
Bolivia drops from 38%
of Coeur’s free cash flow
to 4% by 2017
43%
37%
18%
2%
2014 AgEq
Production
51%
36%
12%
1%
2017E AgEq Production
16%
38%
40%
6%
2014 FCF
50%
45%
4%
1%
2017E FCF
United States
Mexico
Bolivia
Australia

15
NYSE: CDE
Near-Term Items to Watch……
Re-scoped mine plan at Kensington in April 2015
Reserve and mineralized material estimate and 43-101 TR for Wharf in
1H 2015
Production growth at Rochester and progress of POA 10 expansion
Ramp up at Guadalupe and transition of Palmarejo
Closing acquisition of Paramount in 2Q 2015; new reserve and
mineralized material estimate and 43-101 TR in 1H 2015
Further cost reductions
Continued cash conservation while maintaining low net debt

Appendix

17
NYSE: CDE
Footnotes for 2015 –
2017 Company Outlook
1.
Gold and silver equivalence assumes a silver to gold ratio of 60:1.
2.
2014 FCF based on actuals and $1,252/oz gold and $18.87/oz silver; 2017 FCF based on $1,225/oz gold and $17.50/oz silver. Free cash flow is
defined as cash flow from operating activities less capital expenditures, acquisitions, and royalty payments.
3.
See non-GAAP reconciliation tables in the appendix to this presentation for 2014 all-in sustaining costs.
4.
Paramount Gold and Silver represents approximately 14% of expected 2017 production and approximately 19% of expected 2017 free cash
flow.
Cautionary Statements Regarding Company Outlook
In connection with Coeur’s regular planning process, Coeur’s management prepared certain unaudited financial projections, some portions of which are
included in this presentation. These projections were prepared to give effect to the acquisition of Paramount Gold and Silver Corp. and the Wharf mine.   
These projections were not prepared with a view toward complying with published guidelines of the SEC, the guidelines established by the American Institute
of Certified Public Accountants with respect to prospective financial information or GAAP, but, in the view of Coeur’s management, were prepared on a reasonable
basis, reflect the best then-available estimates and judgments, and present, to the best of management’s knowledge and belief at the time, the expected course of
action and the expected future financial performance of Coeur. However, this information is not fact and should not be relied upon as necessarily indicative of
actual future results, and readers of this presentation are cautioned not to place undue reliance on these projections.  
These projections have been prepared by, and are the responsibility of, Coeur’s management. Neither Coeur’s independent auditors, nor any other
independent accountants, have compiled, examined, or performed any procedures with respect to these projections, nor have they expressed any opinion or any
other form of assurance on such information or its achievability, and assume no responsibility for, and disclaim any association with, such projections. 
The assumptions and estimates underlying these projections are inherently uncertain and, although considered reasonable by the management of Coeur as of
the date of their preparation, are subject to a wide variety of significant business, economic, and competitive risks and uncertainties that could cause actual results
to differ materially from those contained in these projections, including, among others, risks and uncertainties relating to Coeur’s businesses (including its ability to
achieve strategic goals, objectives and targets over applicable periods), industry performance, the regulatory environment, general business and economic
conditions and other factors described in the “Risk Factors” section of Coeur’s annual report on Form 10-K and its other periodic reports filed with the SEC. 
Accordingly, there can be no assurance that these projections are indicative of the future performance of Coeur or that actual results will not differ materially
from those presented. Inclusion of these projections in this presentation should not be regarded as a representation by any person that the results contained in
these projections will be achieved. Coeur does not intend to update or otherwise revise these projections to reflect circumstances existing since their preparation
or to reflect the occurrence of unanticipated events, even in the event that any or all of the underlying assumptions are shown to be in error. Furthermore, Coeur
does not intend to update or revise these projections to reflect changes in general  economic  or industry conditions. 

18
NYSE: CDE
Well-Capitalized with Financial Flexibility
Net Debt = $207.5
As of December 31, 2014.
Summary balance sheet
(in millions)
Dec 31, 2014
Sept 30, 2014
June 30, 2014
Mar 31, 2014
Cash, equivalents, and short-term investments
$270.9
$295.4
$316.8
$318.6
Total debt
$478.4
$469.5
$480.1
$464.2
Net debt
$207.5
$174.0
$163.3
$145.7
LTM adjusted EBITDA
1
$86.7
$128.4
$148.8
$151.2
Total debt / adjusted EBITDA
1
5.5x
3.7x
3.2x
3.1x
Net debt / adjusted EBITDA
1
2.4x
1.4x
1.1x
1.0x
1.
See non-GAAP reconciliation tables in the appendix to this presentation.
Debt Maturity Schedule
Amount
(millions)
Maturity
Senior unsecured notes
$437.5
2021
Convertible notes
$5.3
2028
San Bartolomé
letter of credit
$10.3
2017
San Bartolomé
letter of credit
$4.5
2015
Capital leases
$20.8
NA
Total debt
$478.4
$270.9
$460.9
$17.5
$0
$100
$200
$300
$400
$500
Debt
Liquidity
in millions
Cash & equivalents
Long-term debt
Short-term debt

19
NYSE: CDE
Portfolio Includes 2 of the Top 15 Largest Primary Silver Mines
Endeavor Mine, Australia
2014: 0.6M oz  Ag
2015E:
0.4M
–
0.6M
oz
Ag
Rochester Mine, Nevada
2014: 4.2M oz Ag; 44,888 oz Au
2015E:
4.7M
–
5.0M
oz
Ag;
55,000
–
65,000
oz
Au
Palmarejo Mine, Mexico
2014: 6.6M oz Ag; 86,673 oz Au
2015E:
3.9M
–
4.3M
oz
Ag;
55,000
–
65,000
oz
Au
Kensington Mine, Alaska
2014: 117,823 oz Au
2015E:
110,000
-
115,000
oz
Au
Joaquin Project,
Argentina
Guidance as published by Coeur on February 20, 2015.
Operation
Feasibility Stage Project
Ticker: Exchange
CDE: NYSE
Shares Outstanding
1
103.3M
Avg. Daily Volume
1
$21.5M
52-week
Low
–
High
1
$3.37
–
$11.96
Market Capitalization
1
$630M
La Preciosa Project, Mexico
San Miguel Project, Mexico
2
Wharf Mine, South Dakota
3
2015E:
74,000
–
78,000
oz
Au
Pending Acquisition
San Bartolomé
Mine, Bolivia
2014: 5.9M oz Ag
2015E:
5.8M
–
6.1M
oz
Ag
1.
Shares outstanding as of 2/19/15. Volume, market capitalization, and 52-week low-high as of 2/19/15 based on stock price of $6.06.
2.
Previously announced acquisition of Paramount Gold and Silver Corp. expected to close in the second quarter of 2015.
3.
Guidance based on February 20, 2015 closing date of Wharf gold mine acquisition. Wharf is expected to produce 85,000 – 90,000 ounces of gold in 2015 based on guidance provided by Goldcorp
on January 12, 2015.

20
NYSE: CDE
FY 2014
4Q 2014
3Q 2014
2Q 2014
1Q 2014
FY 2013
Ore tons mined
2,087,207
508,532
512,657
497,942
568,076
2,291,073
OP mining costs per OP ton mined
$1.79
$1.80
$1.87
$2.16
$1.47
$1.63
UG mining costs per UG ton mined
$44
$43
$44
$53
$37
$44
Total mining costs per ton mined
$35
$33
$32
$43
$33
$37
Processing costs per ton processed
$26
$28
$28
$27
$23
$25
G&A
per ton processed
$12
$10
$10
$13
$14
$13
Adjusted CAS per AgEq oz
1
was $15.70 in 4Q 2014, 9% higher than 3Q 2014 due to a
decline in grade and recovery rates
Modifications in the processing facility expected to result in improved recovery rates
going forward
Underground mining rates at Guadalupe continue to increase; averaged 500 ore tons
per day YTD in 2015 and expected to reach 1,500 ore tons per day
by 3Q 2015
Open-pit operations are expected to end mid-2015 and underground mining at the
original Palmarejo underground zones is expected to be completed
by year-end
Mining expected to reach Don Ese deposit by year-end assuming the previously
announced acquisition of Paramount closes
Unit Costs
4Q 2014 Highlights
Palmarejo:  Transitioning to Lower Tonnage, Higher-Grade,
Higher-Margin Operation
1.
See non-GAAP reconciliation tables in the appendix to this presentation.

21
NYSE: CDE
Palmarejo:  Transitioning to Lower Tonnage, Higher-Grade,
Higher-Margin Operation
$11.95
$12.43
$10.28
$9.74
$13.13
$13.48
$14.43
$15.70
Adjusted costs applicable to sales per silver equivalent oz
1,2
22,965
28,191
29,893
35,486
25,216
23,706
22,514
15,237
1.6
2.0
1.9
2.0
1.8
1.8
1.5
1.4
1Q'13
2Q'13
3Q'13
4Q'13
1Q'14
2Q'14
3Q'14
4Q'14
Gold production
Silver production (millions)
$10.1
$37.2
$50.8
$16.6
$10.2
$27.4
$20.2
($3.2)
$5.3
$9.2
$10.3
$8.9
$3.7
$5.6
$5.9
$10.9
1Q'13
2Q'13
3Q'13
4Q'13
1Q'14
2Q'14
3Q'14
4Q'14
Cash flow from operating activities ²
Capital expenditures
1.
See non-GAAP reconciliation tables in the appendix to this presentation.
2.
Excludes gold production royalty payments to Franco Nevada.

22
NYSE: CDE
FY 2014
4Q 2014
3Q 2014
2Q 2014
1Q 2014
FY 2013
Ore tons mined
14,902,414
3,947,963
3,922,831
3,496,840
3,534,780
13,401,538
Mining costs per ton mined
$1.60
$1.28
$1.48
$1.22
$2.48
$2.30
Processing costs per ton processed
$3.93
$3.28
$3.57
$4.20
$4.86
$4.15
G&A
per ton processed
$0.95
$0.89
$0.83
$1.16
$0.93
$2.12
Silver equivalent production increased 14% from 3Q 2014
CAS per AgEq oz
1
were $14.27, down 4% from 3Q 2014
Costs per ton continue to trend lower
Free cash flow
2
of $7.5 million in 4Q was the highest level since
2012
Crushing rates expected to total over 16.5 million tons in 2015
Approval for POA 10 expected by year-end with leach pad
construction expected to begin in 2Q 2016
Unit Costs
4Q 2014 Highlights
Rochester:  Mining Costs per Ton Declined 30% in 2014
1.
See non-GAAP reconciliation tables in the appendix to this presentation.
2.
Free cash flow is defined as cash flow from operating activities less capital expenditures and royalty payments.

23
NYSE: CDE
Rochester:  Higher Silver and Gold Production Drove Highest
Cash Flow in Two Years
1.
See non-GAAP reconciliation tables in the appendix to this presentation.
$15.15
$14.95
$15.83
$16.63
$12.67
$15.79
$14.80
$14.27
8,742
9,404
4,824
7,890
8,192
9,230
11,702
15,764
648
844
595
712
750
1,112
1,156
1,170
1Q'13
2Q'13
3Q'13
4Q'13
1Q'14
2Q'14
3Q'14
4Q'14
Gold production
Silver production (thousands)
$5.6
($3.4)
($3.6)
($9.7)
($9.0)
$4.3
$8.2
$10.2
$3.3
$6.6
$12.3
$7.2
$1.0
$4.0
$4.2
$2.7
1Q'13
2Q'13
3Q'13
4Q'13
1Q'14
2Q'14
3Q'14
4Q'14
Cash flow from operating activities
Capital expenditures
Costs applicable to sales per silver equivalent oz ¹

24
NYSE: CDE
FY 2014
4Q 2014
3Q 2014
2Q 2014
1Q 2014
FY 2013
Ore tons mined
642,249
158,424
154,122
163,625
166,078
553,972
Mining cost per ton mined
$62
$59
$62
$66
$58
$47
Processing costs per ton processed
$40
$39
$44
$41
$39
$26
G&A
per ton processed
$32
$31
$35
$33
$31
$75
Gold production of 33,533 ounces, 9% higher than 3Q 2014
CAS per gold ounce
1
of $845, down 10% from 3Q 2014 as a
result of strong throughput combined with robust grade and
recovery performance
Tons milled reached record 167,417 in 4Q and resulted in lowest
unit costs since 1Q 2014
Gold ounces sold were 33% lower than ounces produced due to
a shipping delay as a result of the ongoing labor dispute at the
port facilities on the West Coast of the United States
Jualin permitting process has begun for underground
development with initial production expected in 2017
Unit Costs
4Q 2014 Highlights
Kensington: Robust Head-Grade and Strong Throughput Propels
Improved Cost Performance
1.
See non-GAAP reconciliation tables in the appendix to this presentation.

25
NYSE: CDE
Kensington: Robust Head-Grade and Strong Throughput Propels
Improved Cost Performance
1.
See non-GAAP reconciliation tables in the appendix to this presentation.
$900
$1,227
$894
$677
$1,005
$1,008
$937
$845
Costs applicable to sales per gold oz  ¹
25,206
22,583
28,323
36,469
25,428
28,089
30,773
33,533
1Q'13
2Q'13
3Q'13
4Q'13
1Q'14
2Q'14
3Q'14
4Q'14
Gold production
$11.7
$7.6
$1.9
$11.3
$13.9
($0.6)
$17.0
($3.7)
$3.3
$7.4
$4.9
$5.7
$4.7
$4.0
$3.6
$3.9
1Q'13
2Q'13
3Q'13
4Q'13
1Q'14
2Q'14
3Q'14
4Q'14
Cash flow from operating activities
Capital expenditures

26
NYSE: CDE
FY 2014
4Q 2014
3Q 2014
2Q 2014
1Q 2014
FY 2013
Ore tons mined
2,591,181
756,197
745,592
863,879
585,513
2,921,947
Mining costs per ton mined
$3.42
$3.46
$3.45
$3.04
$3.90
$3.41
Processing costs per ton processed
$25
$25
$24
$25
$26
$26
G&A
per ton processed
$5.08
$5.26
$ 4.60
$4.64
$5.94
$11.38
Silver production, grades, recovery rates, and costs remain
relatively stable
1.
See non-GAAP reconciliation tables in the appendix to this presentation.
Unit Costs
San Bartolomé:  Stable Production and Cost Performance
4Q 2014 Highlights

27
NYSE: CDE
San Bartolomé:
Stable Production and Cost Performance
1.
See non-GAAP reconciliation tables in the appendix to this presentation.
$13.41
$14.14
$15.26
$13.25
$13.91
$13.93
$13.85
$14.22
$14.91
Costs applicable to sales per silver equivalent oz  ¹
($5.4)
$32.8
$7.6
$8.9
$4.5
$18.9
$12.3
$2.3
$0.0
$3.2
$4.2
$3.8
$1.4
$1.7
$2.8
$2.0
1Q'13
2Q'13
3Q'13
4Q'13
1Q'14
2Q'14
3Q'14
4Q'14
Cash flow from operating activities
Capital expenditures
1.4
1.5
1.5
1.5
1.4
1.5
1.5
1.5
1Q'13
2Q'13
3Q'13
4Q'13
1Q'14
2Q'14
3Q'14
4Q'14
Silver production (millions)

28
NYSE: CDE
in millions except gold production
2015 Guidance
2014 Result
Costs
applicable
to
sales
per
silver
equivalent
ounce
3
–
Palmarejo
$16.25 -
$17.75
$15.40
Costs
applicable
to
sales
per
silver
equivalent
ounce
3
–
San
Bartolomé
$13.50 -
$15.00
$14.29
Costs
applicable
to
sales
per
silver
equivalent
ounce
3
–
Rochester
$12.50 -
$14.00
$14.49
Costs
applicable
to
sales
per
gold
ounce
3
–
Kensington
$900 -
$975
$951
Costs
applicable
to
sales
per
gold
equivalent
ounce
3
–
Wharf
2
$750 -
$825
NA
Capital expenditures
$85 -
$95
$64
General and administrative
$36 -
$39
$41
Exploration
expense
4
$10 -
$12
$22
All-in
sustaining
costs
per
silver
equivalent
ounce
3
$17.50 -
$18.50
$19.72
2015 Guidance
Cost Outlook
1
Silver Production
Gold Production
6,558
5,852
4,189
590
4,100
5,950
4,850
500
Palmarejo
San Bartolomé
Rochester
Endeavor
2014 Actual
2015 Guidance Midpoint
1
114,821
86,673
30,860
112,500
60,000
60,000
76,000
Kensington
Palmarejo
Rochester
Wharf
2
2014 Actual
2015 Guidance Midpoint
1
1.
Guidance published by Coeur on February 20, 2015.
2.
Based on February 20, 2015 closing date of Wharf gold mine acquisition. Wharf is expected to produce 85,000 – 90,000 ounces of gold at AISC $800 - $875 per gold ounce in 2015 
based on guidance provided by Goldcorp on January 12, 2015.
3.
Non-GAAP measure. For 2014 see non-GAAP reconciliation tables in the appendix to this presentation.
4.
2015 guidance represents current assets only. Expected to be revised upward once the proposed Paramount acquisition is closed.

29
NYSE: CDE
Non-GAAP to U.S. GAAP Reconciliation
(unaudited)
Adjusted EBITDA
in thousands
LTM 12/31/14
LTM 9/30/14
LTM 6/30/14
LTM 3/31/14
LTM 12/31/13
Net income (loss)
($1,155,884)
($658,374)
($708,105)
($700,024)
($650,563)
Interest expense, net of capitalized interest
47,546
47,959
46,006
44,625
41,303
Interest income and other, net
(1,375)
(8,526)
(6,948)
(19,162)
(13,323)
Income tax provision (benefit)
(459,244)
(209,626)
(195,102)
(174,050)
(158,116)
Amortization
162,436
186,585
204,697
220,169
229,437
Fair value adjustments, net
(3,618)
(15,252)
21,499
(53,536)
(82,768)
Gain on sale of building
--
--
--
--
(1,200)
Gain on commutation of reclamation bonding arrangements
--
--
--
--
(7,609)
Loss on revolver termination
3,035
3,035
3,035
3,035
--
Impairment of marketable securities
6,593
4,825
4,603
20,861
18,308
Litigation settlement
--
--
--
32,046
32,046
Inventory adjustments
14,482
4,993
6,353
4,373
5,691
Write-downs
1,472,721
772,788
772,788
772,874
772,993
Adjusted EBITDA
$86,692
$128,407
$148,826
$151,211
$186,199

30
NYSE: CDE
Non-GAAP to U.S. GAAP Reconciliation
(unaudited)
Costs Applicable to Sales
(dollars in thousands except per ounce costs)
Year-ended December 31, 2014
Silver
Gold
Total
Palmarejo
San
Bartolomé
Rochester
Endeavor
Total
Kensington
Costs applicable to sales, including amortization (U.S. GAAP)
$256,707
$109,082
$112,252
$8,514
$486,555
$148,961
$635,516
Amortization
69,431
19,423
20,790
4,308
113,952
43,619
157,571
Costs applicable to sales
187,276
89,659
91,462
4,206
372,603
105,342
477,945
Silver equivalent ounces sold
12,161,719
6,275,769
6,309,912
586,242
25,333,642
--
Gold ounces sold
--
--
--
--
--
110,822
Costs applicable to sales per ounce
$15.40
$14.29
$14.49
$7.71
$14.71
$951
Inventory adjustment
(0.93)
(0.17)
(0.16)
--
(0.53)
(11)
Adjusted costs applicable to sales per ounce
$14.47
$14.12
$14.33
$7.17
$14.18
$940
(dollars in thousands except per ounce costs)
three months ended December 31, 2014
Silver
Gold
Total
Palmarejo
San
Bartolomé
Rochester
Endeavor
Total
Kensington
Costs applicable to sales, including amortization (U.S. GAAP)
$64,397
$34,611
$34,591
$2,678
$136,296
$27,383
$163,679
Amortization
16,235
4,993
5,955
1,586
28,839
8,458
37,227
Costs applicable to sales
48,162
29,617
28,656
1,092
107,527
18,925
126,452
Silver equivalent ounces sold
2,350,080
1,985,952
2,001,976
191,983
6,529,991
--
Gold ounces sold
--
--
--
--
--
22,399
Costs applicable to sales per ounce
$20.49
$14.91
$14.31
$5.69
$16.47
$845
Inventory adjustment
(4.79)
(0.53)
(0.49)
--
(2.04)
(53)
Adjusted costs applicable to sales per ounce
$15.70
$14.38
$13.82
$5.69
$14.43
$792

31
NYSE: CDE
Non-GAAP to U.S. GAAP Reconciliation
(unaudited)
Costs Applicable to Sales
(dollars in thousands except per ounce costs)
three months ended  September 30, 2014
Silver
Gold
Total
Palmarejo
San
Bartolomé
Rochester
Endeavor
Total
Kensington
Costs applicable to sales, including amortization (U.S. GAAP)
$62,481
$25,564
$29,077
$1,998
$119,120
$47,555
$166,675
Amortization
16,493
5,117
5,359
909
27,878
12,887
40,765
Costs applicable to sales
45,988
20,447
23,718
1,089
91,242
34,668
125,910
Silver equivalent ounces sold
3,021,448
1,438,409
1,602,676
141,291
6,203,824
--
Gold ounces sold
--
--
--
--
--
37,009
Costs applicable to sales per ounce
$15.22
$14.22
$14.80
$7.71
$14.71
$937
Inventory adjustment
(0.79)
(0.55)
(0.02)
--
(0.52)
(48)
Adjusted costs applicable to sales per ounce
$14.43
$13.67
$14.78
$7.71
$14.19
$889
(dollars in thousands except per ounce costs)
three months ended June 30, 2014
Silver
Gold
Total
Palmarejo
San
Bartolomé
Rochester
Endeavor
Total
Kensington
Costs applicable to sales, including amortization (U.S. GAAP)
$67,595
$25,550
$29,406
$1,701
$124,252
$34,784
$159,036
Amortization
18,044
4,855
5,025
859
28,783
11,566
40,349
Costs applicable to sales
49,551
20,695
24,381
842
95,469
23,218
118,687
Silver equivalent ounces sold
3,528,219
1,494,100
1,544,456
106,126
6,672,901
--
Gold ounces sold
--
--
--
--
--
23,028
Costs applicable to sales per ounce
$14.04
$13.85
$15.79
$7.94
$14.31
$1,008
Inventory adjustment
(0.56)
--
(0.06)
--
(0.31)
(187)
Adjusted costs applicable to sales per ounce
$13.48
$13.85
$15.73
$7.94
$14.00
$821

32
NYSE: CDE
Non-GAAP to U.S. GAAP Reconciliation
(unaudited)
Costs Applicable to Sales
(dollars in thousands except per ounce costs)
three months ended  December 31, 2013
Silver
Gold
Total
Palmarejo
San
Bartolomé
Rochester
Endeavor
Total
Kensington
Costs applicable to sales, including amortization (U.S. GAAP)
$75,690
$25,513
$19,167
$1,741
$122,111
$41,590
$163,701
Amortization
35,894
4,851
2,529
801
44,075
18,218
62,293
Costs applicable to sales
39,796
20,662
16,638
940
78,036
23,372
101,408
Silver equivalent ounces sold
3,649,557
1,485,217
1,000,568
112,965
6,248,307
--
Gold ounces sold
--
--
--
--
--
34,533
Costs applicable to sales per ounce
$10.90
$13.91
$16.63
$8.32
$12.49
$677
Inventory adjustment
(1.16)
--
(1.00)
--
(0.69)
(39)
Adjusted costs applicable to sales per ounce
$9.74
$13.91
$15.63
$8.32
$11.80
$638
(dollars in thousands except per ounce costs)
three months ended March, 31, 2014
Silver
Gold
Total
Palmarejo
San
Bartolomé
Rochester
Endeavor
Total
Kensington
Costs applicable to sales, including amortization (U.S. GAAP)
$62,233
$23,358
$19,159
$2,135
$106,885
$39,240
$146,125
Amortization
18,659
4,457
4,451
953
28,520
10,709
39,229
Costs applicable to sales
43,574
18,901
14,708
1,182
78,365
28,531
106,896
Silver equivalent ounces sold
3,261,982
1,357,307
1,160,829
146,842
5,926,960
--
Gold ounces sold
--
--
--
--
--
28,386
Costs applicable to sales per ounce
$13.36
$13.93
$12.67
$8.05
$13.22
$1,005
Inventory adjustment
(0.23)
--
(0.04)
--
(0.13)
(126)
Adjusted costs applicable to sales per ounce
$13.13
$13.93
$12.63
$8.05
$13.09
$879

33
NYSE: CDE
Non-GAAP to U.S. GAAP Reconciliation
(unaudited)
Costs Applicable to Sales
(dollars in thousands except per ounce costs)
Three months ended  June 30, 2013
Silver
Gold
Total
Palmarejo
San
Bartolomé
Rochester
Endeavor
Total
Kensington
Costs applicable to sales, including amortization (U.S. GAAP)
$90,602
$37,639
$24,505
$2,907
$155,653
$43,313
$198,966
Amortization
35,384
4,824
1,989
1,224
43,421
13,159
56,580
Costs applicable to sales
55,218
32,815
22,516
1,683
112,232
30,154
142,386
Silver equivalent ounces sold
3,688,500
2,151,000
1,506,508
198,269
7,544,277
--
Gold ounces sold
--
--
--
--
--
24,573
Costs applicable to sales per ounce
$14.97
$15.26
$14.95
$8.49
$14.88
$1,227
Inventory adjustment
(2.54)
(0.18)
--
--
(1.30)
(297)
Adjusted costs applicable to sales per ounce
$12.43
$15.08
$14.95
$8.49
$13.58
$980
(dollars thousands except per ounce costs)
Three months ended  September 30, 2013
Silver
Gold
Total
Palmarejo
San
Bartolomé
Rochester
Endeavor
Total
Kensington
Costs applicable to sales, including amortization (U.S. GAAP)
$100,314
$22,461
$20,456
$2,769
$146,000
$45,570
$191,570
Amortization
33,475
4,788
2,518
898
41,679
18,086
59,765
Costs applicable to sales
66,839
17,673
17,938
1,871
104,321
27,484
131,805
Silver equivalent ounces sold
4,894,600
1,334,066
1,133,504
185,505
7,547,673
--
Gold ounces sold
--
--
--
--
--
30,752
Costs applicable to sales per ounce
$13.66
$13.25
$15.83
$10.09
$13.82
$894
Inventory adjustment
(3.38)
--
--
--
(0.22)
(130)
Adjusted costs applicable to sales per ounce
$10.28
$13.25
$15.83
$10.09
$13.60
$764

34
NYSE: CDE
Non-GAAP to U.S. GAAP Reconciliation
(unaudited)
Costs Applicable to Sales
(dollars in thousands except per ounce costs)
Full-year ended  December 31, 2013
Silver
Gold
Total
Palmarejo
San
Bartolomé
Rochester
Endeavor
Total
Kensington
Costs applicable to sales, including amortization (U.S. GAAP)
$322,107
$105,930
$86,759
$9,575
$524,371
$167,325
$691,696
Amortization
133,535
19,103
8,890
3,755
165,283
62,750
228,033
Costs applicable to sales
188,572
86,827
77,869
5,820
359,088
104,575
463,663
Silver equivalent ounces sold
14,277,657
6,079,156
5,120,194
605,832
25,924,839
--
Gold ounces sold
--
--
--
--
--
116,055
Costs applicable to sales per ounce
$13.25
$14.28
$15.54
$9.61
$13.85
$901
Inventory adjustment
(0.30)
--
(0.02)
--
(0.17)
(12)
Adjusted costs applicable to sales per ounce
$12.95
$14.28
$15.52
$9.61
$13.68
$889
(dollars in thousands except per ounce costs)
Three months ended  March 31, 2013
Silver
Gold
Total
Palmarejo
San
Bartolomé
Rochester
Endeavor
Total
Kensington
Costs applicable to sales, including amortization (U.S. GAAP)
$55,500
$20,318
$22,629
$2,149
$100,596
$36,851
$137,447
Amortization
28,782
4,640
1,852
828
36,102
13,286
49,388
Costs applicable to sales
26,718
15,678
20,777
1,321
64,494
23,565
88,059
Silver equivalent ounces sold
1,995,000
1,108,874
1,371,598
108,942
4,584,414
--
Gold ounces sold
--
--
--
--
--
26,197
Costs applicable to sales per ounce
$13.39
$14.14
$15.15
$12.13
$14.07
$900
Inventory adjustment
(1.44)
--
--
--
(0.63)
--
Adjusted costs applicable to sales per ounce
$11.95
$14.14
$15.15
$12.13
$13.44
$900

35
NYSE: CDE
in thousands except per ounce costs
FY 2014
4Q 2014
3Q 2014
2Q 2014
1Q 2014
FY 2013
Costs applicable to sales, including amortization (U.S. GAAP)
$635,516
$163,679
$166,675
$159,036
$146,125
$691,696
Amortization
157,571
37,227
40,765
40,349
39,229
228,033
Costs applicable to sales
477,945
126,452
125,910
118,687
106,896
463,663
Treatment and refining costs
4,943
994
1,425
963
1,561
6,964
Sustaining capital
61,199
18,492
12,239
17,617
12,851
58,840
General & administrative
40,845
9,036
8,515
9,398
13,896
55,343
Exploration
21,740
5,783
6,587
5,153
4,217
22,360
Reclamation
7,468
1,549
2,041
1,964
1,914
3,746
Project & pre-development costs
16,588
3,721
2,154
6,388
4,325
11,869
Total
$630,728
$166,027
$158,871
$160,170
$145,660
$622,785
Silver equivalent ounces sold
31,983
7,874
8,424
8,055
7,630
32,888
All-in sustaining costs
per silver equivalent ounce
$19.72
$21.09
$18.86
$19.89
$19.09
$18.94
Inventory adjustments
(0.45)
(1.84)
(0.59)
(0.79)
(0.57)
(0.17)
Adjusted all-in sustaining costs per silver equivalent ounce
$19.27
$19.25
$18.27
$19.10
$18.52
$18.77
Non-GAAP to U.S. GAAP Reconciliation
(unaudited)
All-In Sustaining Costs

36
NYSE: CDE
External Growth -
Strategic Investments
Apogee Silver (Cachinal project, Chile; 6.4% ownership interest):
Completed sale of Bolivia assets to Prophecy Coal Corp. for $3.9M, including $250,000 cash and 60 million Prophecy common
shares
Caracara Silver (Princesa project, Peru; 3.2% ownership interest):
3,049 meter drill program completed at Princesa; Option agreement terminated
Commonwealth Silver and Gold (Commonwealth project, Arizona; 6.5% ownership interest):
Completed positive Preliminary Economic Assessment for the Commonwealth project
Huldra Silver (Treasure Mountain project, British Columbia, Canada; 6.8% ownership interest):
Launched first tranche of secured convertible debenture financing to raise $7M
Idaho North Resources (Eagleville project, Nevada; 10.1% ownership interest):
Exploration focus on western Nevada; Divide and Klondike properties located in prolific Tonopah silver-gold district; Coeur entered
into earn-in option agreement with Idaho North in October 2014
Northair Silver Corp (La Cigarra project, Chihuahua, Mexico; 13.6% ownership interest):
Updated resource estimate in January 2015; Entered into agreement to acquire Los Cuates gold project adjacent to La Cigarra;
Coeur purchased 2.5% NSR royalty on production from the La Cigarra silver project in 2014
Orex Minerals (Los Crestones project, Sinaloa, Mexico; 1.0%):
Announced $1.2M private placement for continued drilling and development of Los Crestones; Drilling continues at depth at
Coneto and Jumping Josephine
Silver Bull Resources (Sierra Mojada project, Coahuila Mexico; 6.4% ownership interest):
Completed positive Preliminary Economic Assessment indicating 18
year mine life with 5.5 million ounce per year at cash costs per
ounce of $6.58
Soltoro (El Rayo project, Jalisco, Mexico; 6.0% ownership interest):
Continued exploration at Tecolote and El Rayo projects; Recently
identified Tierra Blanco gold target at El Rayo
Note: The above information and data is from publicly available sources.

37
NYSE: CDE
Year-end 2014
Location
Short tons
Grade (oz/ton)
Silver
Gold
Proven Reserves
Rochester
Nevada, USA
89,077,000
0.56
0.004
San Bartolomé
Bolivia
1,206,000
2.73
-
Kensington
Alaska, USA
417,000
-
0.187
Endeavor
Australia
1,323,000
1.82
-
Palmarejo
Mexico
1,089,000
3.37
0.042
La Preciosa
Mexico
18,830,000
3.16
0.006
Total Proven Reserves
111,942,000
1.06
0.005
Probable Reserves
Rochester
Nevada, USA
56,158,000
0.54
0.003
San Bartolomé
Bolivia
13,337,000
3.20
-
Kensington
Alaska, USA
2,986,000
-
0.185
Endeavor
Australia
1,102,000
2.24
-
Palmarejo
Mexico
5,627,000
4.80
0.078
La Preciosa
Mexico
21,851,000
2.71
0.004
Total Probable Reserves
101,061,000
1.60
0.012
Proven and Probable Reserves
Rochester
Nevada, USA
145,235,000
0.55
0.004
San Bartolomé
Bolivia
14,543,000
3.16
-
Kensington
Alaska, USA
3,403,000
-
0.185
Endeavor
Australia
2,425,000
2.01
Palmarejo
Mexico
6,715,000
4.57
0.073
La Preciosa
Mexico
40,681,000
2.92
0.005
Total Proven and Probable
213,002,000
1.32
0.009
Coeur’s Mineral Reserves

38
NYSE: CDE
Year-end 2014
Location
Short tons
Grade (oz/ton)
Silver
Gold
Measured Mineralized Material
Rochester
Nevada, USA
72,228,000
0.45
0.003
Martha
Argentina
-
-
-
San Bartolomé
Bolivia
-
-
-
Kensington
Alaska, USA
181,000
-
0.260
Endeavor
Australia
7,716,000
2.28
-
Palmarejo
Mexico
417,000
4.48
0.062
Joaquin
Argentina
4,709,000
5.30
0.003
La Preciosa
Mexico
2,305,000
1.40
0.003
Total Measured Mineralized Material
87,556,000
0.92
0.004
Indicated Mineralized Material
Rochester
Nevada, USA
100,973,000
0.42
0.003
Martha
Argentina
57,000
13.60
0.018
San Bartolomé
Bolivia
7,033,000
1.91
-
Kensington
Alaska, USA
1,385,000
0.00
0.242
Endeavor
Australia
5,181,000
2.39
-
Palmarejo
Mexico
4,554,000
4.81
0.086
Joaquin
Argentina
6,842,000
4.25
0.004
Lejano
Argentina
631,000
3.09
0.011
La Preciosa
Mexico
4,808,000
1.74
0.004
Total Indicated Mineralized Material
131,464,000
0.99
0.008
Measured and Indicated Mineralized Material
Rochester
Nevada, USA
173,201,000
0.43
0.003
Martha
Argentina
57,000
13.60
0.018
San Bartolomé
Bolivia
7,033,000
1.91
-
Kensington
Alaska, USA
1,566,000
-
0.244
Endeavor
Australia
12,897,000
2.33
-
Palmarejo
Mexico
4,971,000
4.78
0.084
Joaquin
Argentina
11,551,000
4.68
0.003
Lejano
Argentina
631,000
3.09
0.011
La Preciosa
Mexico
7,114,000
1.63
0.003
Total Measured and Indicated Mineralized Material
219,021,000
0.96
0.006
Coeur’s Measured and Indicated Mineralized Material
(Excluding Reserves)

39
NYSE: CDE
Notes to the mineral reserves and mineralized material:
Notes to Coeur’s Mineral Reserves and Mineralized Material
1.
Effective December 31, 2014 except Endeavor effective June 30, 2014.
2.
Assumed metal prices for estimated mineral reserves were $19.00 per ounce of silver and $1,275 per ounce of gold, except Endeavor at $2,200 per
metric ton of lead, $2,400 per metric ton of zinc and $20 per ounce of silver.
3.
Assumed metal prices for estimated mineralized material were $22.00 per ounce of silver and $1,350 per ounce of gold except Endeavor at $2,200
per metric ton of lead, $2,400 per metric ton of zinc and $20 per ounce of silver.
4.
Mineralized
material
is
in
addition
to
mineral
reserves
and
does
not
have
not
demonstrated
economic
viability.
Mineralized
material
does
not
include
mineral reserves.
5.
Palmarejo mineral reserves and mineralized material are the addition of Palmarejo, Guadalupe, and Independencia deposits. There are no mineral
reserves and mineralized material for La Patria in 2014.
6.
Rounding of short tons, as required by reporting guidelines may result in apparent differences between tons and grade.

40
NYSE: CDE
Wharf’s Historical Mineral Reserves and Mineralized Material
Tons
(000s)
Grade (oz/t)
Gold
Silver
Proven and Probable Reserves
Proven Reserves
15,179
0.022
0.078
Probable Reserves
8,245
0.026
0.108
Total Proven and Probable Reserves
23,424
0.024
0.089
Measured and Indicated Mineralized Material
Measured Mineralized Material
4,795
0.020
0.104
Indicated Mineralized Material
1,642
0.020
0.102
Total Measured and Indicated Mineralized Material
6,437
0.020
0.104
Notes to the above mineral reserves and mineralized material:
1.
2.
Mineral reserves and mineralized material estimate as reported by Goldcorp in its Annual Information Form dated March 31, 2014 ("AIF") for the financial
year ended December 31, 2013, available to Canadian investors at www.sedar.com under Goldcorp's profile. As discussed in the AIF, mineral reserves and
mineralized material were prepared by Goldcorp in accordance with NI 43-101 under the supervision of a qualified person. Coeur is not treating these
historical estimates as current and has not completed sufficient work to classify the historical estimate as current mineral reserves or mineralized material
for Coeur’s purposes. Coeur's qualified person will review and verify the scientific and technical information of Goldcorp, as well as complete the other 
work  necessary for purposes of preparing a 43-101 technical report, including validation of data quality, resource model accuracy, and costs used in 
reserve and mineralized material cutoffs.
As discussed in the AIF, mineral reserves were calculated by Goldcorp using metal prices of $1,300 per gold ounce and $22 per silver ounce, and mineralized
material were calculated using $1,500 per gold ounce and $24 per silver ounce. Mineralized material are in addition to mineral reserves and do not have
demonstrated economic viability. Rounding of tons, as required by reporting guidelines, may result in apparent differences between tons and grade.

41
NYSE: CDE
Executive Leadership
Mitchell J. Krebs – President and Chief Executive Officer. Mr. Krebs  joined Coeur in 1995 after spending several years in the investment banking industry in New York.
Mr. Krebs has held various positions in the corporate development department, including Senior Vice President of Corporate Development. In March, 2008, Mr. Krebs was
named Chief Financial Officer, a position he held until being appointed President and CEO in July 2011.
Peter C. Mitchell – Senior Vice President and Chief Financial Officer. Mr. Mitchell came to Coeur from Taseko Mines Limited where he served as Chief Financial Officer,
leading Taseko's financial operations, including sourcing strategic capital to fund the company's strategic growth plan. Previously, 
Mr. Mitchell was involved in leading and managing growth in private equity portfolio companies through acquisitions, integrations and greenfield initiatives.
Frank L. Hanagarne, Jr. – Senior Vice President and Chief Operating Officer. Mr. Hanagarne was most recently Chief Operating Officer of Valcambi, SA, a precious metal
refiner in Switzerland. Prior to his appointment as operations head of Valcambi in early 2011, Mr. Hanagarne was a Director of Corporate Development for Newmont
Mining Corporation. Mr. Hanagarne's 17 years of service at Newmont has included positions of increasing responsibility within key areas of Newmont's operations and
business functions as well as environmental, health and safety. 
Joe Phillips – Senior Vice President and Chief Development Officer. Mr. Phillips has extensive experience in mine development and operations and has a proven record of
leadership and team building resulting in successfully building mines on time and on budget. Mr. Phillips comes to Coeur from Silver Standard Resources where he served
as Senior Vice President of Operations and Development and acting Chief Operating Officer. Prior to that, Mr. Phillips served as Senior Vice President of Project
Development at Pan American Silver.
Humberto Rada – President, Coeur South America and of Coeur’s Bolivian subsidiary Empresa Minera Manquiri, S.A. Prior to joining Coeur in July 2008,
Mr. Rada served as General Manager for Newmont Mining Corporation’s Bolivian company Inti Raymi. Mr. Rada is currently President of Bolivia’s National Mining
Association and has over 23 years of experience in South American mining and finance. 
Mike Harrison – Vice President, Corporate Development. Prior to joining Coeur, Mr. Harrison was Director of Investment Banking for the Mining Group at Cormark
Securities Inc. in Toronto, Canada. In addition to seven years of investment banking experience, Mr. Harrison spent eight years in BHP Billiton's Global Exploration Group.
Keagan J. Kerr – Senior Vice President, Corporate Affairs and Human Resources. Mr. Kerr leads the organization in all aspects of human resource and corporate
communication programs across Coeur’s operating regions-including employee and public relations, executive compensation, talent attraction, leadership development
and strengthening of organization capability. He has a track record of accomplishment in large scale mining operations on multiple continents through various leadership
roles with Barrick Gold Corporation. 
Casey M. Nault – Senior Vice President, General Counsel and Secretary. Mr. Nault has extensive experience as a corporate and securities lawyer, including prior in-house
positions with Starbucks and Washington Mutual and law firm experience with Graham & Dunn in Seattle and Gibson, Dunn & Crutcher in Los Angeles. His experience
includes securities compliance and SEC reporting, corporate governance, mergers and acquisitions, public and private securities offerings and other strategic transactions.
Hans Rasmussen – Vice President, Exploration. Mr. Rasmussen has 30 years of experience in the mining business, 16 years of which were with senior producers Newmont
Mining and Kennecott/Rio Tinto; as well as serving as a consultant for senior producers such as BHP, Teck-Cominco and Quadra Mining. Since 2004, he has been an officer
or served on the Board of Directors of several junior public exploration companies with gold and silver projects in Quebec, Nevada, Argentina, Chile, Colombia, Peru, and
Bolivia. 

42
NYSE: CDE
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 board of directors of The Ryland Group (national
residential home builder) since 1999; member of the board of directors of Monro Muffler Brake, Inc. (auto service provider) since August 2010 and lead independent
director since April 2011; and member of the board of directors of Stock Building Supply Holdings, Inc. (lumber and building materials distributor) since March 2010.
Mitchell J. Krebs – President and Chief Executive Officer. (See prior slide)
Linda L. Adamany – Member of the board of directors of Leucadia National Corporation, a diversified holding company engaged in a variety of businesses, since
March 2014; non-executive director of Amec Foster Wheeler plc, an engineering, project management and consultancy company, since October 2012; member of the
board of directors of National Grid plc, an electricity and gas generation, transmission and distribution company, from November 2006 to November 2012. Served at BP plc
in several capacities from July 1980 until her retirement in August 2007, most recently from April 2005 to August 2007 as a member of the five-person Refining &
Marketing Executive Committee responsible for overseeing the day-to-day operations and human resource management of BP plc's Refining & Marketing segment, a     
$45 billion business at the time.
Kevin S. Crutchfield – Chairman and Chief Executive Officer of Alpha Natural Resources, Inc. (NYSE:ANR). He has been with Alpha Natural Resources since its formation in
2003, serving as Executive Vice-President, President, Director, Chief Executive Officer and most recently the additional responsibility of Chairman. Mr. Crutchfield is a 
25-year coal industry veteran with technical, operating and executive management experience and is currently the Vice Chairman of the National Mining Association and
the American Coalition for Clean Coal Electricity.
Sebastian Edwards – Henry Ford II Professor of International Business Economics at the Anderson Graduate School of Management at the University of California, Los
Angeles (UCLA) from 1996 to present; Chairman of the Inter American Seminar on Economics from 1987 to present; member of the Scientific Advisory Council of the Kiel
Institute of World Economics in Germany from 2002 to present; and research associate at the National Bureau of Economic Research from 1981 to present.
Randolph E. Gress – Chairman, Chief Executive Officer, and Director of Innophos Holdings, Inc., a leading international producer of performance-critical and nutritional
specialty ingredients for the food, beverage, dietary supplements, pharmaceutical and industrial end markets. Mr. Gress has been with Innophos since its formation in
2004 when Bain Capital purchased Rhodia SA's North American specialty phosphate business. Prior to his time at Innophos, Mr. Gress was with Rhodia since 1997 and held
various positions including Global President of Specialty Phosphates (with two years based in the U.K.) and Vice-President and General Manager of the NA Sulfuric Acid and
Regeneration businesses. From 1982 to 1997, Mr. Gress served in various roles at FMC Corporation including Corporate Strategy and various manufacturing, marketing,
and supply chain positions.
John H. Robinson – Chairman of Hamilton Ventures LLC (consulting and investment) since founding the firm in 2006. Chief Executive Officer of Nowa Technology, Inc.
(development and marketing of environmentally sustainable wastewater treatment technology) from 2013 to 2014. Vice Chairman of Olsson Associates (engineering
consultants) from 2004 to 2005. Chairman of EPCglobal Ltd. (professional engineering staffing) and Executive Director of MetiLinx Ltd. (software) from 2003 to 2004.
Executive Director of Amey plc (business process outsourcing and construction) from 2000 to 2002. 
J. Kenneth Thompson – President and Chief Executive Officer of Pacific Star Energy LLC (private energy investment firm in Alaska) from September 2000 to present, with a
principal holding in Alaska Venture Capital Group LLC (private oil and gas exploration company) from December 2004 to present; Executive Vice President of ARCO’s Asia
Pacific oil and gas operating companies in Alaska, California, Indonesia, China and Singapore from 1998 to 2000. 

43
NYSE: CDE
Corporate Office:
Coeur Mining, Inc.
104 S. Michigan Ave, Suite 900
Chicago, Illinois 60603
Main Tel:
(312) 489-5800
Stock Tickers:
CDE: NYSE
Warrant Tickers:
CDE.WS: NYSE; CDM.WT: TSX
Website:
coeur.com
Contact:
Contact Information
Bridget Freas
Director, Investor Relations
bfreas@coeur.com
Donna Mirandola
Director, Corporate Communications
dmirandola@coeur.com