SUPPLEMENTAL GUARANTOR INFORMATION

The following Condensed Consolidating Financial Statements are presented to satisfy disclosure requirements of Rule 3-10 of Regulation S-X resulting from the guarantees by Coeur Alaska, Inc., Coeur Explorations, Inc., Coeur Rochester, Inc., Coeur South America Corp., Wharf Resources (U.S.A.), Inc. and subsidiaries, and Coeur Capital, Inc. (collectively, the “Subsidiary Guarantors”) of the Senior Notes. The following schedules present Condensed Consolidating Financial Statements of (a) Coeur, the parent company; (b) the Subsidiary Guarantors; and (c) certain wholly-owned domestic and foreign subsidiaries of the Company (collectively, the “Non-Guarantor Subsidiaries”). Each of the Subsidiary Guarantors is 100% owned by Coeur and the guarantees are full and unconditional. There are no restrictions on the ability of Coeur to obtain funds from its subsidiaries by dividend or loan.

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)

THREE MONTHS ENDED JUNE 30, 2016



In thousands	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenue	$	—		$	106,207		$	75,800		$	—		$	182,007
COSTS AND EXPENSES
Costs applicable to sales⁽¹⁾	—			58,674			41,791			—			100,465
Amortization	413			20,374			16,718			—			37,505
COSTS AND EXPENSES
General and administrative	7,096			203			101			—			7,400
Exploration	479			1,249			505			—			2,233
Write-downs	—			—			—			—			—
Pre-development, reclamation, and other	934			1,446			1,984			—			4,364
Total costs and expenses	8,922			81,946			61,099			—			151,967
OTHER INCOME (EXPENSE), NET
Fair value adjustments, net	(53		)	(2,686		)	(840		)	—			(3,579		)
Other, net	1,341			(2,193		)	143			(1,148		)	(1,857		)
Interest expense, net of capitalized interest	(10,241		)	(243		)	(1,539		)	1,148			(10,875		)
Total other income (expense), net	(8,953		)	(5,122		)	(2,236		)	—			(16,311		)
Loss before income and mining taxes	(17,875		)	19,139			12,465			—			13,729
Income and mining tax (expense) benefit	(248		)	(1,595		)	2,611			—			768
Total loss after income and mining taxes	(18,123		)	17,544			15,076			—			14,497
Equity income (loss) in consolidated subsidiaries	32,620			(674		)	—			(31,946		)	—
NET INCOME (LOSS)	$	14,497		$	16,870		$	15,076		$	(31,946	)	$	14,497
OTHER COMPREHENSIVE INCOME (LOSS), net of tax:
Unrealized gain (loss) on marketable securities, net of tax	2,103			2,103			—			(2,103		)	2,103
Reclassification adjustments for impairment of equity securities, net of tax	20			20			—			(20		)	20
Reclassification adjustments for realized loss on sale of equity securities, net of tax	(314		)	(314		)	—			314			(314		)
Other comprehensive income (loss)	1,809			1,809			—			(1,809		)	1,809
COMPREHENSIVE INCOME (LOSS)	$	16,306		$	18,679		$	15,076		$	(33,755	)	$	16,306

(1) Excludes amortization.

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)

THREE MONTHS ENDED JUNE 30, 2015



In thousands	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenue	$	—		$	99,635		$	66,628		$	—		$	166,263
COSTS AND EXPENSES
Costs applicable to sales⁽¹⁾	—			68,477			50,620			—			119,097
Amortization	496			21,772			16,706			—			38,974
General and administrative	8,377			7			67			—			8,451
Exploration	591			1,008			1,980			—			3,579
Pre-development, reclamation, and other	(838		)	1,338			1,767			—			2,267
Total costs and expenses	8,626			92,602			71,140			—			172,368
OTHER INCOME (EXPENSE), NET
Fair value adjustments, net	1,188			1,138			428			—			2,754
Other, net	611			(904		)	(1,614		)	(945		)	(2,852		)
Interest expense, net of capitalized interest	(9,336		)	(263		)	(2,080		)	945			(10,734		)
Total other income (expense), net	(7,537		)	(29		)	(3,266		)	—			(10,832		)
Income (Loss) before income and mining taxes	(16,163		)	7,004			(7,778		)	—			(16,937		)
Income and mining tax (expense) benefit	1,945			(1,618		)	(67		)	—			260
Income (Loss) after income and mining taxes	(14,218		)	5,386			(7,845		)	—			(16,677		)
Equity income (loss) in consolidated subsidiaries	(2,460		)	(649		)	—			3,109			—
NET INCOME (LOSS)	$	(16,678	)	$	4,737		$	(7,845	)	$	3,109		$	(16,677	)
OTHER COMPREHENSIVE INCOME (LOSS), net of tax:
Unrealized gain (loss) on equity securities, net of tax	(1,312		)	(486		)	—			486			(1,312		)
Reclassification adjustments for impairment of equity securities, net of tax	31			31			—			(31		)	31
Reclassification adjustments for realized loss on sale of equity securities, net of tax	904			904			—			(904		)	904
Other comprehensive income (loss)	(377		)	449			—			(449		)	(377		)
COMPREHENSIVE INCOME (LOSS)	$	(17,055	)	$	5,186		$	(7,845	)	$	2,660		$	(17,054	)

(1) Excludes amortization.

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

THREE MONTHS ENDED JUNE 30, 2016



In thousands	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
CASH FLOWS FROM OPERATING ACTIVITIES:
Cash provided by (used in) operating activities	$	25,384		$	31,117		$	21,384		$	(31,946	)	45,939

CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures	(88		)	(12,932		)	(10,268		)	—			(23,288		)
Proceeds from the sale of long-lived assets	—			41			7,252			—			7,293
Purchase of investments	(92		)	—			—			—			(92		)
Sales and maturities of investments	—			648			—			—			648
Other	(1,601		)	196			(41		)	—			(1,446		)
Investments in consolidated subsidiaries	(24,352		)	15,981			—			8,371			—
CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	(26,133		)	3,934			(3,057		)	8,371			(16,885		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Payments on debt, capital leases, and associated costs	(250		)	(5,673		)	(789		)	—			(6,712		)
Gold production royalty payments	—			—			(10,461		)	—			(10,461		)
Net intercompany financing activity	(5,222		)	(5,720		)	(12,633		)	23,575			—
Issuance of common stock	73,071			—			—			—			73,071
Other	(448		)	—			—			—			(448		)
CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	67,151			(11,393		)	(23,883		)	23,575			55,450
Effect of exchange rate changes on cash and cash equivalents	—			1			(303		)	—			(302		)
NET CHANGE IN CASH AND CASH EQUIVALENTS	66,402			23,659			(5,859		)	—			84,202
Cash and cash equivalents at beginning of period	61,401			29,889			82,099			—			173,389
Cash and cash equivalents at end of period	$	127,803		$	53,548		$	76,240		$	—		$	257,591

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

THREE MONTHS ENDED JUNE 30, 2015



In thousands	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
CASH FLOWS FROM OPERATING ACTIVITIES:
Cash provided by (used in) operating activities	$	(7,793	)	$	28,679		$	13,009		$	3,109		37,004
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures	(75		)	(11,873		)	(11,729		)	—			(23,677		)
Proceeds from the sale of long-lived assets	—			—			8			—			8
Purchase of investments	(1,597		)	—			—			—			(1,597		)
Sales and maturities of investments	13			386			—			—			399
Acquisitions	(8,170		)	(982		)	—			—			(9,152		)
Other	4			23			(138		)	—			(111		)
Investments in consolidated subsidiaries	(27,904		)	1,634			116			26,154			—
CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	(37,729		)	(10,812		)	(11,743		)	26,154			(34,130		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Issuance of notes and bank borrowings	100,000			—			—			—			100,000
Payments on long-term debt, capital leases, and associated costs	(55,286		)	(1,885		)	(9,455		)	—			(66,626		)
Gold production royalty payments	—			—			(9,754		)	—			(9,754		)
Net intercompany financing activity	11,703			5,283			11,535			(28,521		)	—
Other	(72		)	—			742			(742		)	(72		)
CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	56,345			3,398			(6,932		)	(29,263		)	23,548
Effect of exchange rate changes on cash and cash equivalents	—			—			(141		)	—			(141		)
NET CHANGE IN CASH AND CASH EQUIVALENTS	10,823			21,265			(5,807		)	—			26,281
Cash and cash equivalents at beginning of period	113,872			5,994			59,721			—			179,587
Cash and cash equivalents at end of period	$	124,695		$	27,259		$	53,914		$	—		$	205,868

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)

SIX MONTHS ENDED JUNE 30, 2016



In thousands	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenue	$	—		$	200,161		$	130,233		$	—		$	330,394
COSTS AND EXPENSES
Costs applicable to sales⁽¹⁾	—			121,038			80,982			—			202,020
Amortization	836			38,233			26,401			—			65,470
COSTS AND EXPENSES
General and administrative	15,176			221			279			—			15,676
Exploration	1,102			1,433			1,428			—			3,963
Write-downs	—			—			4,446			—			4,446
Pre-development, reclamation, and other	1,386			2,862			4,320			—			8,568
Total costs and expenses	18,500			163,787			117,856			—			300,143
OTHER INCOME (EXPENSE), NET
Fair value adjustments, net	(1,635		)	(4,935		)	(5,704		)	—			(12,274		)
Other, net	1,679			61			(110		)	(2,173		)	(543		)
Interest expense, net of capitalized interest	(20,496		)	(456		)	(3,216		)	2,173			(21,995		)
Total other income (expense), net	(20,452		)	(5,330		)	(9,030		)	—			(34,812		)
Loss before income and mining taxes	(38,952		)	31,044			3,347			—			(4,561		)
Income and mining tax (expense) benefit	(457		)	(1,902		)	1,021			—			(1,338		)
Total loss after income and mining taxes	(39,409		)	29,142			4,368			—			(5,899		)
Equity income (loss) in consolidated subsidiaries	33,510			(5,153		)	—			(28,357		)	—
NET INCOME (LOSS)	$	(5,899	)	$	23,989		$	4,368		$	(28,357	)	$	(5,899	)
OTHER COMPREHENSIVE INCOME (LOSS), net of tax:
Unrealized gain (loss) on equity securities, net of tax	3,146			3,079			—			(3,079		)	3,146
Reclassification adjustments for impairment of equity securities, net of tax	20			20			—			(20		)	20
Reclassification adjustments for realized loss on sale of equity securities, net of tax	273			(695		)	—			695			273
Other comprehensive income (loss)	3,439			2,404			—			(2,404		)	3,439
COMPREHENSIVE INCOME (LOSS)	$	(2,460	)	$	26,393		$	4,368		$	(30,761	)	$	(2,460	)

(1) Excludes amortization.

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)

SIX MONTHS ENDED JUNE 30, 2015



In thousands	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenue	$	—		$	188,307		$	130,912		$	—		$	319,219
COSTS AND EXPENSES
Costs applicable to sales⁽¹⁾	—			129,288			104,872			—			234,160
Amortization	998			40,339			30,727			—			72,064
General and administrative	17,127			14			145			—			17,286
Exploration	1,154			3,466			3,225			—			7,845
Pre-development, reclamation, and other	2,550			2,878			3,602			—			9,030
Total costs and expenses	21,829			175,985			142,571			—			340,385
OTHER INCOME (EXPENSE), NET
Fair value adjustments, net	142			(1,155		)	(1,117		)	—			(2,130		)
Other, net	1,891			(2,457		)	(3,030		)	(1,766		)	(5,362		)
Interest expense, net of capitalized interest	(18,191		)	(551		)	(4,523		)	1,766			(21,499		)
Total other income (expense), net	(16,158		)	(4,163		)	(8,670		)	—			(28,991		)
Income (Loss) before income and mining taxes	(37,987		)	8,159			(20,329		)	—			(50,157		)
Income and mining tax (expense) benefit	3,495			(1,282		)	(2,021		)	—			192
Income (Loss) after income and mining taxes	(34,492		)	6,877			(22,350		)	—			(49,965		)
Equity income (loss) in consolidated subsidiaries	(15,473		)	160			—			15,313			—
NET INCOME (LOSS)	$	(49,965	)	$	7,037		$	(22,350	)	$	15,313		$	(49,965	)
OTHER COMPREHENSIVE INCOME (LOSS), net of tax:
Unrealized gain (loss) on equity securities, net of tax	(2,813		)	(1,982		)	—			1,982			(2,813		)
Reclassification adjustments for impairment of equity securities, net of tax	1,545			1,545			—			(1,545		)	1,545
Reclassification adjustments for realized loss on sale of equity securities, net of tax	904			904			—			(904		)	904
Other comprehensive income (loss)	(364		)	467			—			(467		)	(364		)
COMPREHENSIVE INCOME (LOSS)	$	(50,329	)	$	7,504		$	(22,350	)	$	14,846		$	(50,329	)

(1) Excludes amortization.

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

SIX MONTHS ENDED JUNE 30, 2016



In thousands	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
CASH FLOWS FROM OPERATING ACTIVITIES:
Cash provided by (used in) operating activities	$	(3,258	)	$	52,577		$	31,594		$	(28,357	)	52,556

CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures	(134		)	(25,722		)	(19,604		)	—			(45,460		)
Proceeds from the sale of long-lived assets	—			4,041			7,261			—			11,302
Purchase of investments	(99		)	—			—			—			(99		)
Sales and maturities of investments	500			1,145			—			—			1,645
Other	(3,139		)	302			(82		)	—			(2,919		)
Investments in consolidated subsidiaries	(20,932		)	24,160			—			(3,228		)	—
CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	(23,804		)	3,926			(12,425		)	(3,228		)	(35,531		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Payments on debt, capital leases, and associated costs	(500		)	(6,503		)	(5,680		)	—			(12,683		)
Gold production royalty payments	—			—			(19,592		)	—			(19,592		)
Net intercompany financing activity	(13,101		)	(30,685		)	12,201			31,585			—
Issuance of common stock	73,071			—			—			—			73,071
Other	(728		)				—			—			(728		)
CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	58,742			(37,188		)	(13,071		)	31,585			40,068
Effect of exchange rate changes on cash and cash equivalents	—			5			(221		)	—			(216		)
NET CHANGE IN CASH AND CASH EQUIVALENTS	31,680			19,320			5,877			—			56,877
Cash and cash equivalents at beginning of period	96,123			34,228			70,363			—			200,714
Cash and cash equivalents at end of period	$	127,803		$	53,548		$	76,240		$	—		$	257,591

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

SIX MONTHS ENDED JUNE 30, 2015



In thousands	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
CASH FLOWS FROM OPERATING ACTIVITIES:
Cash provided by (used in) operating activities	$	(52,711	)	$	51,389		$	19,564		$	15,313		33,555
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures	(87		)	(19,323		)	(21,887		)	—			(41,297		)
Proceeds from the sale of long-lived assets	—			145			20			—			165
Purchase of investments	(1,873		)	—			—			—			(1,873		)
Sales and maturities of investments	12			386			71			—			469
Acquisitions	(111,170		)	—			—			—			(111,170		)
Other	(1,764		)	23			(100		)	—			(1,841		)
Investments in consolidated subsidiaries	(15,683		)	824			116			14,743			—
CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	(130,565		)	(17,945		)	(21,780		)	14,743			(155,547		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Issuance of notes and bank borrowings	150,000			—			3,500			—			153,500
Payments on long-term debt, capital leases, and associated costs	(61,868		)	(3,703		)	(9,649		)	—			(75,220		)
Gold production royalty payments	—			—			(20,122		)	—			(20,122		)
Net intercompany financing activity	9,973			(8,263		)	26,811			(28,521		)	—
Other	(495		)	—			1,535			(1,535		)	(495		)
CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	97,610			(11,966		)	2,075			(30,056		)	57,663
Effect of exchange rate changes on cash and cash equivalents	—			—			(664		)	—			(664		)
NET CHANGE IN CASH AND CASH EQUIVALENTS	(85,666		)	21,478			(805		)	—			(64,993		)
Cash and cash equivalents at beginning of period	210,361			5,781			54,719			—			270,861
Cash and cash equivalents at end of period	$	124,695		$	27,259		$	53,914		$	—		$	205,868

CONDENSED CONSOLIDATING BALANCE SHEET

JUNE 30, 2016



In thousands	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
ASSETS
CURRENT ASSETS
Cash and cash equivalents	$	127,803		$	53,548		$	76,240		$	—		$	257,591
Receivables	26			12,454			67,452			—			79,932
Ore on leach pads	—			76,335			—			—			76,335
Inventory	—			46,484			37,590			—			84,074
Prepaid expenses and other	2,314			2,313			6,987			—			11,614
	130,143			191,134			188,269			—			509,546
NON-CURRENT ASSETS
Property, plant and equipment, net	3,844			144,514			68,987			—			217,345
Mining properties, net	—			183,649			368,386			—			552,035
Ore on leach pads	—			52,885			—			—			52,885
Restricted assets	8,901			185			5,706			—			14,792
Equity securities	—			11,250			—			—			11,250
Receivables	—			—			39,739			—			39,739
Deferred tax assets	—			—			1,370			—			1,370
Net investment in subsidiaries	151,006			10,850			—			(161,856		)	—
Other	218,195			9,352			3,540			(218,194		)	12,893
TOTAL ASSETS	$	512,089		$	603,819		$	675,997		$	(380,050	)	$	1,411,855

LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES
Accounts payable	$	1,481		$	19,431		$	28,307		$	—		$	49,219
Accrued liabilities and other	16,958			12,718			20,493			—			50,169
Debt	95,257			8,288			5,264			—			108,809
Royalty obligations	—			5,490			7,425			—			12,915
Reclamation	—			1,402			388			—			1,790
	113,696			47,329			61,877			—			222,902
NON-CURRENT LIABILITIES
Debt	373,956			17,848			228,647			(218,194		)	402,257
Royalty obligations	—			7,069			—			—			7,069
Reclamation	—			64,334			20,714			—			85,048
Deferred tax liabilities	28,430			6,778			96,251			—			131,459
Other long-term liabilities	2,070			4,731			60,160			—			66,961
Intercompany payable (receivable)	(502,222		)	392,069			110,153			—			—
	(97,766		)	492,829			515,925			(218,194		)	692,794
STOCKHOLDERS’ EQUITY
Common stock	1,624			250			163,455			(163,705		)	1,624
Additional paid-in capital	3,101,493			179,553			1,863,739			(2,043,292		)	3,101,493
Accumulated deficit	(2,606,675		)	(115,859		)	(1,928,999		)	2,044,858			(2,606,675		)
Accumulated other comprehensive income (loss)	(283		)	(283		)	—			283			(283		)
	496,159			63,661			98,195			(161,856		)	496,159
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	512,089		$	603,819		$	675,997		$	(380,050	)	$	1,411,855

CONDENSED CONSOLIDATING BALANCE SHEET

DECEMBER 31, 2015



In thousands	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
ASSETS
CURRENT ASSETS
Cash and cash equivalents	$	96,123		$	34,228		$	70,363		$	—		$	200,714
Receivables	11			12,773			73,208			—			85,992
Ore on leach pads	—			67,329			—			—			67,329
Inventory	—			45,491			36,220			—			81,711
Prepaid expenses and other	3,496			1,075			6,371			—			10,942
	99,630			160,896			186,162			—			446,688
NON-CURRENT ASSETS
Property, plant and equipment, net	4,546			138,706			52,747			—			195,999
Mining properties, net	—			199,303			389,916			—			589,219
Ore on leach pads	—			44,582			—			—			44,582
Restricted assets	5,755			381			5,497			—			11,633
Equity securities	434			2,332			—			—			2,766
Receivables	—			—			24,768			—			24,768
Deferred tax assets	—			—			1,942			—			1,942
Net investment in subsidiaries	127,671			27,657			—			(155,328		)	—
Other	54,578			9,197			5,695			(54,578		)	14,892
TOTAL ASSETS	$	292,614		$	583,054		$	666,727		$	(209,906	)	$	1,332,489

LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES
Accounts payable	$	1,743		$	18,535		$	28,454		$	—		$	48,732
Accrued liabilities and other	20,555			14,598			18,800			—			53,953
Debt	1,000			8,120			1,311			—			10,431
Royalty obligations	—			4,729			20,164			—			24,893
Reclamation	—			1,401			1,821			(1,151		)	2,071
	23,298			47,383			70,550			(1,151		)	140,080
NON-CURRENT LIABILITIES
Debt	467,634			4,947			61,976			(54,578		)	479,979
Royalty obligations	—			4,864			—			—			4,864
Reclamation	—			61,924			20,122			1,151			83,197
Deferred tax liabilities	28,600			6,927			111,605			—			147,132
Other long-term liabilities	2,171			3,838			49,752			—			55,761
Intercompany payable (receivable)	(650,565		)	411,103			239,462			—			—
	(152,160		)	493,603			482,917			(53,427		)	770,933
STOCKHOLDERS’ EQUITY
Common stock	1,513			250			130,885			(131,135		)	1,513
Additional paid-in capital	3,024,461			179,553			1,896,047			(2,075,600		)	3,024,461
Accumulated deficit	(2,600,776		)	(135,049		)	(1,913,672		)	2,048,721			(2,600,776		)
Accumulated other comprehensive income (loss)	(3,722		)	(2,686		)	—			2,686			(3,722		)
	421,476			42,068			113,260			(155,328		)	421,476
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	292,614		$	583,054		$	666,727		$	(209,906	)	$	1,332,489