CONDENSED CONSOLIDATING BALANCE SHEET

SEPTEMBER 30, 2013



	Coeur Mining, Inc.			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
ASSETS
CURRENT ASSETS
Cash and cash equivalents	$	131,811		$	399	$	79,224		$	—		$	211,434
Investments	—			—		—			—			—
Receivables	353			16,517		57,547			—			74,417
Ore on leach pad	—			39,880		—			—			39,880
Metal and other inventory	—			31,511		92,026			—			123,537
Deferred tax assets	—			—		2,713			—			2,713
Restricted assets	—			—		2,015			—			2,015
Prepaid expenses and other	6,682			6,036		14,060			—			26,778
	138,846			94,343		247,585			—			480,774
NON-CURRENT ASSETS
Property, plant and equipment, net	6,085			195,966		447,540			—			649,591
Mining properties, net	—			323,060		2,042,939			—			2,365,999
Ore on leach pad	—			31,966		—			—			31,966
Restricted assets	18,695			60		6,159			—			24,914
Marketable securities	17,616			—		—			—			17,616
Receivables	—			—		37,191			—			37,191
Debt issuance costs, net	11,351			—		—			—			11,351
Deferred tax assets	955			—		149			—			1,104
Net investment in subsidiaries	1,852,147			—		1,578,799			(3,430,946		)	—
Other	53,194			12,232		320,407			(369,422		)	16,411
TOTAL ASSETS	$	2,098,889		$	657,627	$	4,680,769		$	(3,800,368	)	$	3,636,917

LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES
Accounts payable	$	5,287		$	18,755	$	39,568		$	—		$	63,610
Accrued liabilities and other	2,335			864		6,390			—			9,589
Accrued income taxes	34			—		8,495			—			8,529
Accrued payroll and related benefits	4,934			6,465		7,896			—			19,295
Accrued interest payable	4,012			4		1,050			(1,038		)	4,028
Debt and capital leases	—			1,784		306,734			(304,650		)	3,868
Royalty obligations	—			2,428		46,641			—			49,069
Reclamation and mine closure	—			—		947			(504		)	443
Deferred tax liabilities	—			—		121			—			121
	16,602			30,300		417,842			(306,192		)	158,552
NON-CURRENT LIABILITIES
Debt and capital leases	305,334			283		64,487			(63,732		)	306,372
Royalty obligations	—			21,981		68,911			—			90,892
Reclamation and mine closure	—			43,993		11,375			504			55,872
Deferred tax liabilities	113,130			—		596,780			—			709,910
Other long-term liabilities	2,299			329		20,743			—			23,371
Intercompany payable (receivable)	(630,424		)	412,112		218,312			—			—
	(209,661		)	478,698		980,608			(63,228		)	1,186,417
STOCKHOLDERS’ EQUITY
Common stock	1,006			350		122,826			(123,176		)	1,006
Additional paid-in capital	2,756,377			107,734		3,235,571			(3,343,305		)	2,756,377
Accumulated deficit	(465,191		)	40,545		(76,078		)	35,533			(465,191		)
Accumulated other comprehensive loss	(244		)	—		—			—			(244		)
	2,291,948			148,629		3,282,319			(3,430,948		)	2,291,948
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	2,098,889		$	657,627	$	4,680,769		$	(3,800,368	)	$	3,636,917

CONDENSED CONSOLIDATING BALANCE SHEET

DECEMBER 31, 2012



	Coeur Mining, Inc.			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
ASSETS	(In thousands, except share data)
CURRENT ASSETS
Cash and cash equivalents	$	86,788		$	400	$	38,252		$	—		$	125,440
Investments	999			—		—			—			999
Receivables	8,520			7,643		46,275			—			62,438
Ore on leach pad	—			22,991		—			—			22,991
Metal and other inventory	—			45,906		124,764			—			170,670
Deferred tax assets	—			—		2,458			—			2,458
Restricted assets	—			—		396			—			396
Prepaid expenses and other	3,395			5,947		11,448			—			20,790
	99,702			82,887		223,593			—			406,182
NON-CURRENT ASSETS
Property, plant and equipment, net	4,183			208,857		470,962			—			684,002
Mining properties, net	—			301,506		1,690,303			—			1,991,809
Ore on leach pad	—			21,356		—			—			21,356
Restricted assets	18,922			60		5,988			—			24,970
Marketable securities	27,065			—		—			—			27,065
Receivables	—			—		48,767			—			48,767
Debt issuance costs, net	3,713			—		—			—			3,713
Deferred tax assets	955			—		—			—			955
Net investment in subsidiaries	1,553,434			—		1,285,862			(2,839,296		)	—
Other	39,120			12,360		318,330			(357,228		)	12,582
TOTAL ASSETS	$	1,747,094		$	627,026	$	4,043,805		$	(3,196,524	)	$	3,221,401

LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES
Accounts payable	$	2,954		$	17,211	$	37,317		$	—		$	57,482
Accrued liabilities and other	1,418			4,014		4,570			—			10,002
Accrued income taxes	257			—		26,851			—			27,108
Accrued payroll and related benefits	7,477			8,158		5,671			—			21,306
Accrued interest payable	463			5		1,002			(992		)	478
Debt and capital leases	48,081			3,013		309,539			(304,650		)	55,983
Royalty obligations	—			—		65,104			—			65,104
Reclamation and mine closure	—			—		1,445			(777		)	668
Deferred tax liabilities	—			—		121			—			121
	60,650			32,401		451,620			(306,419		)	238,252
NON-CURRENT LIABILITIES
Debt and capital leases	—			1,675		53,367			(51,582		)	3,460
Royalty obligations	—			—		141,879			—			141,879
Reclamation and mine closure	—			23,149		10,744			777			34,670
Deferred tax liabilities	115,425			—		462,063			—			577,488
Other long-term liabilities	955			8,086		18,331			—			27,372
Intercompany payable (receivable)	(628,216		)	390,480		237,736			—			—
	(511,836		)	423,390		924,120			(50,805		)	784,869
STOCKHOLDERS’ EQUITY
Common stock	903			350		22,760			(23,110		)	903
Additional paid-in capital	2,601,254			107,734		2,748,173			(2,855,907		)	2,601,254
Accumulated deficit	(396,156		)	63,151		(102,868		)	39,717			(396,156		)
Accumulated other comprehensive loss	(7,721		)	—		—			—			(7,721		)
	2,198,280			171,235		2,668,065			(2,839,300		)	2,198,280
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	1,747,094		$	627,026	$	4,043,805		$	(3,196,524	)	$	3,221,401

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

THREE MONTHS ENDED SEPTEMBER 30, 2013



	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated


Sales of metal	$	—		$	63,187		$	137,638		$	—		$	200,825
Production costs applicable to sales	—			(45,346		)	(86,382		)	—			(131,728		)
Depreciation, depletion and amortization	(244		)	(21,054		)	(39,576		)	—			(60,874		)
Gross profit	(244		)	(3,213		)	11,680			—			8,223
COSTS AND EXPENSES
General and administrative	15,622			(143		)	761			—			16,240
Exploration	506			2,305			494			—			3,305
Litigation settlement	—			—			—			—			—
Loss on impairment and other	—			—			—			—			—
Pre-development, care, maintenance and other	—			159			3,796			—			3,955
Total costs and expenses	16,128			2,321			5,051			—			23,500
OPERATING INCOME (LOSS)	(16,372		)	(5,534		)	6,629			—			(15,277		)
OTHER INCOME AND EXPENSE
Fair value adjustments, net	(71		)	(5,315		)	(15,260		)	—			(20,646		)
Other than temporary impairment of marketable securities	(870		)	—			—			—			(870		)
Interest income and other, net	784			87			(1,912		)	(750		)	(1,791		)
Interest expense, net of capitalized interest	(6,665		)	(56		)	(3,691		)	750			(9,662		)
Total other income and expense, net	(6,822		)	(5,284		)	(20,863		)	—			(32,969		)
Income (loss) before income taxes	(23,194		)	(10,818		)	(14,234		)	—			(48,246		)
Income tax provision	5,613			(152		)	(3,480		)	—			1,981
Total income (loss) after taxes	(17,581		)	(10,970		)	(17,714		)	—			(46,265		)
Equity income (loss) in consolidated subsidiaries	(28,684		)	—			—			28,684			—
NET INCOME (LOSS)	$	(46,265	)	$	(10,970	)	$	(17,714	)	$	28,684		$	(46,265	)

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)

THREE MONTHS ENDED SEPTEMBER 30, 2013



	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated


Net income (loss)	$	(46,265	)	$	(10,970	)	$	(17,714	)	$	28,684	$	(46,265	)
OTHER COMPREHENSIVE INCOME (LOSS) net of tax:
Unrealized gain (loss) on available for sale securities	301			—			—			—		$	301
Reclassification adjustments for losses included in net income(A)	1,006			—			—			—		$	1,006
Other comprehensive income	1,307			—			—			—		1,307
COMPREHENSIVE INCOME (LOSS)	$	(44,958	)	$	(10,970	)	$	(17,714	)	$	28,684	$	(44,958	)

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

THREE MONTHS ENDED SEPTEMBER 30, 2012



	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated


Sales of metal	$	—		$	72,695		$	157,898		$	—		$	230,593
Production costs applicable to sales	—			(47,896		)	(77,071		)	—			(124,967		)
Depreciation, depletion and amortization	(134		)	(13,609		)	(39,101		)	—			(52,844		)
Gross profit	(134		)	11,190			41,726			—			52,782
COSTS AND EXPENSES
General and administrative	9,097			871			298			—			10,266
Exploration	462			2,940			3,555			—			6,957
Loss on impairment and other	—			—			1,293			—			1,293
Pre-development, care, maintenance and other	—			277			—			—			277
Total costs and expenses	9,559			4,088			5,146			—			18,793
OPERATING INCOME (LOSS)	(9,693		)	7,102			36,580			—			33,989
OTHER INCOME AND EXPENSE
Fair value adjustments, net	901			(4,283		)	(34,266		)	—			(37,648		)
Other than temporary impairment of marketable securities	(605		)	—			—			—			(605		)
Interest income and other, net	1,133			86			13,018			(968		)	13,269
Interest expense, net of capitalized interest	(1,097		)	(1,840		)	(5,382		)	968			(7,351		)
Total other income and expense, net	332			(6,037		)	(26,630		)	—			(32,335		)
Income (loss) before income taxes	(9,361		)	1,065			9,950			—			1,654
Income tax provision	(465		)	—			(17,010		)	—			(17,475		)
Total income (loss) after taxes	(9,826		)	1,065			(7,060		)	—			(15,821		)
Equity income (loss) in consolidated subsidiaries	(5,995		)	—			—			5,995			—
NET INCOME (LOSS)	$	(15,821	)	$	1,065		$	(7,060	)	$	5,995		$	(15,821	)

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)

THREE MONTHS ENDED SEPTEMBER 30, 2012



	Coeur Mining, Inc.			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations		Consolidated


Net income (loss)	$	(15,821	)	$	1,065	$	(7,060	)	$	5,995	$	(15,821	)
OTHER COMPREHENSIVE INCOME (LOSS) net of tax:
Unrealized gain (loss) on available for sale securities	6,026			—		—			—		6,026
Reclassification adjustments for losses included in net income(A)	605			—		—			—		605
Other comprehensive income	6,631			—		—			—		6,631
COMPREHENSIVE INCOME (LOSS)	$	(9,190	)	$	1,065	$	(7,060	)	$	5,995	$	(9,190	)

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

NINE MONTHS ENDED SEPTEMBER 30, 2013



	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated


Sales of metal	$	—		$	207,689		$	369,458		$	—		$	577,147
Production costs applicable to sales	—			(143,620		)	(219,817		)	—			(363,437		)
Depreciation, depletion and amortization	(694		)	(52,213		)	(116,056		)	—			(168,963		)
Gross profit	(694		)	11,856			33,585			—			44,747
COSTS AND EXPENSES
General and administrative	37,975			1,400			2,117			—			41,492
Exploration	1,169			5,167			10,584			—			16,920
Litigation settlement	—			32,046			—			—			32,046
Loss on impairment and other	—			—			205			—			205
Pre-development, care, maintenance and other	—			857			8,557			—			9,414
Total costs and expenses	39,144			39,470			21,463			—			100,077
OPERATING INCOME (LOSS)	(39,838		)	(27,614		)	12,122			—			(55,330		)
OTHER INCOME AND EXPENSE
Fair value adjustments, net	(1,593		)	5,263			60,235			—			63,905
Other than temporary impairment of marketable securities	(18,097		)	—			—			—			(18,097		)
Interest income and other, net	2,991			562			1,404			(2,473		)	2,484
Interest expense, net of capitalized interest	(18,984		)	(421		)	(13,392		)	2,473			(30,324		)
Total other income and expense, net	(35,683		)	5,404			48,247			—			17,968
Income (loss) before income taxes	(75,521		)	(22,210		)	60,369			—			(37,362		)
Income tax provision	2,303			(397		)	(33,579		)	—			(31,673		)
Total income (loss) after taxes	(73,218		)	(22,607		)	26,790			—			(69,035		)
Equity income (loss) in consolidated subsidiaries	4,183			—			—			(4,183		)	—
NET INCOME (LOSS)	$	(69,035	)	$	(22,607	)	$	26,790		$	(4,183	)	$	(69,035	)

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)

NINE MONTHS ENDED SEPTEMBER 30, 2013



	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries		Eliminations			Consolidated


Net income (loss)	$	(69,035	)	$	(22,607	)	$	26,790	$	(4,183	)	$	(69,035	)
OTHER COMPREHENSIVE INCOME (LOSS) net of tax:
Unrealized gain (loss) on available for sale securities	(10,756		)	—			—		—			(10,756		)
Reclassification adjustments for losses included in net income(A)	18,233			—			—		—			18,233
Other comprehensive income	7,477			—			—		—			7,477
COMPREHENSIVE INCOME (LOSS)	$	(61,558	)	$	(22,607	)	$	26,790	$	(4,183	)	$	(61,558	)

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

NINE MONTHS ENDED SEPTEMBER 30, 2012



	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated


Sales of metal	$	—		$	157,106		$	532,457		$	—		$	689,563
Production costs applicable to sales	—			(111,409		)	(237,935		)	—			(349,344		)
Depreciation, depletion and amortization	(382		)	(33,635		)	(132,443		)	—			(166,460		)
Gross profit	(382		)	12,062			162,079			—			173,759
COSTS AND EXPENSES
General and administrative	24,133			1,637			686			—			26,456
Exploration	1,279			5,880			12,670			—			19,829
Loss on impairment and other	—			—			6,106			—			6,106
Pre-development, care, maintenance and other	—			1,580			38			—			1,618
Total costs and expenses	25,412			9,097			19,500			—			54,009
OPERATING INCOME (LOSS)	(25,794		)	2,965			142,579			—			119,750
OTHER INCOME AND EXPENSE
Fair value adjustments, net	3,696			(2,647		)	(45,771		)	—			(44,722		)
Other than temporary impairment of marketable securities	(605		)	—			—			—			(605		)
Interest income and other, net	4,805			870			13,214			(3,834		)	15,055
Interest expense, net of capitalized interest	(2,998		)	(3,648		)	(18,766		)	3,834			(21,578		)
Total other income and expense, net	4,898			(5,425		)	(51,323		)	—			(51,850		)
Income (loss) before income taxes	(20,896		)	(2,460		)	91,256			—			67,900
Income tax provision	(3,990		)	—			(52,783		)	—			(56,773		)
Total income (loss) after taxes	(24,886		)	(2,460		)	38,473			—			11,127
Equity income (loss) in consolidated subsidiaries	36,013			—			—			(36,013		)	—
NET INCOME (LOSS)	$	11,127		$	(2,460	)	$	38,473		$	(36,013	)	$	11,127

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)

NINE MONTHS ENDED SEPTEMBER 30, 2012



	Coeur Mining, Inc.		Guarantor Subsidiaries			Non-Guarantor Subsidiaries		Eliminations			Consolidated


Net income (loss)	$	11,127	$	(2,460	)	$	38,473	$	(36,013	)	$	11,127
OTHER COMPREHENSIVE INCOME (LOSS) net of tax:
Unrealized gain (loss) on available for sale securities	774		—			—		—			774
Reclassification adjustments for losses included in net income(A)	605		—			—		—			605
Other comprehensive income	1,379		—			—		—			1,379
COMPREHENSIVE INCOME (LOSS)	$	12,506	$	(2,460	)	$	38,473	$	(36,013	)	$	12,506

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

THREE MONTHS ENDED SEPTEMBER 30, 2013



	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated


CASH FLOWS FROM OPERATING ACTIVITIES:
Cash provided by operating activities	$	(57,902	)	$	(2,282	)	$	57,186		$	29,802		$	26,804
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of short term investments and marketable securities	(1,307		)	(27		)	(1,355		)	—			(2,689		)
Proceeds from sales and maturities of short term investments	—			27			—			—			27
Capital expenditures	(711		)	(17,201		)	(14,814		)	—			(32,726		)
Other	(13		)	—			(35		)	—			(48		)
Investments in consolidated subsidiaries	29,802			—			—			(29,802		)	—
CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	27,771			(17,201		)	(16,204		)	(29,802		)	(35,436		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Payments on long-term debt, capital leases, and associated costs	—			(665		)	(1,159		)	—			(1,824		)
Payments on gold production royalty	—			—			(12,619		)	—			(12,619		)
Share repurchases	(14,995		)	—			—			—			(14,995		)
Net intercompany borrowings (lending)	(9,917		)	19,824			(9,907		)	—			—
Other	(27		)	—			—			—			(27		)
CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	(24,939		)	19,159			(23,685		)	—			(29,465		)
NET CHANGE IN CASH AND CASH EQUIVALENTS	(55,070		)	(324		)	17,297			—			(38,097		)
Cash and cash equivalents at beginning of period	186,881			723			61,927			—			249,531
Cash and cash equivalents at end of period	$	131,811		$	399		$	79,224		$	—		$	211,434

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

THREE MONTHS ENDED SEPTEMBER 30, 2012



	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated


CASH FLOWS FROM OPERATING ACTIVITIES:
Cash provided by operating activities	$	(6,929	)	$	11,912		$	75,567		$	(815	)	$	79,735
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of short term investments and marketable securities	(4,071		)	(22		)	—			—			(4,093		)
Proceeds from sales and maturities of short term investments	255			22			60			—			337
Capital expenditures	(428		)	(13,811		)	(15,733		)	—			(29,972		)
Other	524			—			(45		)	—			479
Investments in consolidated subsidiaries	(815		)	—			—			815			—
CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	(4,535		)	(13,811		)	(15,718		)	815			(33,249		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Payments on long-term debt, capital leases, and associated costs	(3,721		)	(73,082		)	(3,515		)	—			(80,318		)
Payments on gold production royalty	—			—			(17,458		)	—			(17,458		)
Reductions of (additions to) restricted assets associated with the Kensington Term Facility	—			4,645			—			—			4,645
Share repurchases	(9,971		)	—			—			—			(9,971		)
Net intercompany borrowings (lending)	(18,609		)	70,142			(51,533		)	—			—
Other	134			—			—			—			134
CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	(32,167		)	1,705			(72,506		)	—			(102,968		)
NET CHANGE IN CASH AND CASH EQUIVALENTS	(43,631		)	(194		)	(12,657		)	—			(56,482		)
Cash and cash equivalents at beginning of period	124,906			537			73,954			—			199,397
Cash and cash equivalents at end of period	$	81,275		$	343		$	61,297		$	—		$	142,915

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

NINE MONTHS ENDED SEPTEMBER 30, 2013



	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated


CASH FLOWS FROM OPERATING ACTIVITIES:
Cash provided by operating activities	$	(39,646	)	$	18,374		$	128,531		$	(4,183	)	$	103,076
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of short term investments and marketable securities	(2,906		)	(65		)	(5,051		)	—			(8,022		)
Proceeds from sales and maturities of short term investments	2,874			65			3,432			—			6,371
Capital expenditures	(1,268		)	(37,831		)	(33,655		)	—			(72,754		)
Acquisition of Orko Silver Corporation	(113,214		)	—			—			—			(113,214		)
Other	(19		)	443			739			—			1,163
Investments in consolidated subsidiaries	(7,671		)	—			3,488			4,183			—
CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	(122,204		)	(37,388		)	(31,047		)	4,183			(186,456		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of notes and bank borrowings	300,000			—			—			—			300,000
Payments on long-term debt, capital leases, and associated costs	(52,565		)	(2,621		)	(3,835		)	—			(59,021		)
Payments on gold production royalty	—			—			(43,548		)	—			(43,548		)
Share repurchases	(27,552		)	—			—			—			(27,552		)
Net intercompany borrowings (lending)	(12,505		)	21,634			(9,129		)	—			—
Other	(505		)	—			—			—			(505		)
CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	206,873			19,013			(56,512		)	—			169,374
NET CHANGE IN CASH AND CASH EQUIVALENTS	45,023			(1		)	40,972			—			85,994
Cash and cash equivalents at beginning of period	86,788			400			38,252			—			125,440
Cash and cash equivalents at end of period	$	131,811		$	399		$	79,224		$	—		$	211,434

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

NINE MONTHS ENDED SEPTEMBER 30, 2012



	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated


CASH FLOWS FROM OPERATING ACTIVITIES:
Cash provided by operating activities	$	24,589		$	2,696		$	229,932		$	(47,276	)	$	209,941
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of short term investments and marketable securities	(11,914		)	(45		)	—			—			(11,959		)
Proceeds from sales and maturities of short term investments	20,933			45			60			—			21,038
Capital expenditures	(987		)	(39,598		)	(53,272		)	—			(93,857		)
Other	2,191			1			(533		)	—			1,659
Investments in consolidated subsidiaries	(47,276		)	—			—			47,276			—
CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	(37,053		)	(39,597		)	(53,745		)	47,276			(83,119		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Payments on long-term debt, capital leases, and associated costs	(4,004		)	(79,151		)	(11,407		)	—			(94,562		)
Payments on gold production royalty	—			—			(58,119		)	—			(58,119		)
Reductions of (additions to) restricted assets associated with the Kensington Term Facility	—			4,645			—			—			4,645
Share repurchases	(9,971		)	—			—			—			(9,971		)
Net intercompany borrowings (lending)	22,954			111,317			(134,271		)	—			—
Other	(912		)	—			—			—			(912		)
CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	8,067			36,811			(203,797		)	—			(158,919		)
NET CHANGE IN CASH AND CASH EQUIVALENTS	(4,397		)	(90		)	(27,610		)	—			(32,097		)
Cash and cash equivalents at beginning of period	85,672			433			88,907			—			175,012
Cash and cash equivalents at end of period	$	81,275		$	343		$	61,297		$	—		$	142,915