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., and Coeur Capital Inc. (collectively, the “Subsidiary Guarantors”) of the $300 million aggregate principal amount of 7.875% senior notes issued by Coeur on January 29, 2013. 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, the guarantees are full and unconditional and no other subsidiary of Coeur guaranteed any security issued under the Registration Statement. There are no restrictions on the ability of Coeur to obtain funds from its subsidiaries by dividend or loan.

CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)

YEAR ENDED DECEMBER 31, 2013



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


Sales of metal	$	—		$	268,023		$	477,971		$	—		$	745,994
Production costs applicable to sales	—			(182,444		)	(281,219		)	—			(463,663		)
Depreciation, depletion and amortization	(1,066		)	(73,802		)	(158,011		)	—			(232,879		)
Gross profit	(1,066		)	11,777			38,741			—			49,452
COSTS AND EXPENSES
General and administrative	50,213			3,245			1,885			—			55,343
Exploration	1,602			8,920			11,838			—			22,360
Litigation settlement	—			32,046			—			—			32,046
Write-downs	—			130,694			642,299			—			772,993
Pre-development, care, maintenance and other	—			946			10,923			—			11,869
Total costs and expenses	51,815			175,851			666,945			—			894,611
OPERATING LOSS	(52,881		)	(164,074		)	(628,204		)	—			(845,159		)
OTHER INCOME AND EXPENSE
Fair value adjustments, net	(1,346		)	7,896			76,218			—			82,768
Other than temporary impairment of marketable securities	(18,097		)	(211		)	—			—			(18,308		)
Interest income and other, net	13,408			(1,539		)	4,602			(3,148		)	13,323
Interest expense, net of capitalized interest	(25,652		)	(445		)	(18,354		)	3,148			(41,303		)
Total other income and expense, net	(31,687		)	5,701			62,466			—			36,480
Loss before income taxes	(84,568		)	(158,373		)	(565,738		)	—			(808,679		)
Income tax benefit	78,332			(155		)	79,939			—			158,116
Total loss after taxes	(6,236		)	(158,528		)	(485,799		)	—			(650,563		)
Equity income (loss) in consolidated subsidiaries	(644,327		)	(68		)	—			644,395			—
NET INCOME (LOSS)	$	(650,563	)	$	(158,596	)	$	(485,799	)	$	644,395		$	(650,563	)
OTHER COMPREHENSIVE INCOME (LOSS), net of tax:
Unrealized gain (loss) on available for sale securities	(8,489		)	(552		)	—			552			(8,489		)
Reclassification adjustments for losses included in net income	11,221			211			—			(211		)	11,221
Reclassification adjustments for realized loss on sale of marketable securities	83			—			—			—			83
Other comprehensive income (loss)	2,815			(341		)	—			341			2,815
COMPREHENSIVE INCOME (LOSS)	$	(647,748	)	$	(158,937	)	$	(485,799	)	$	644,736		$	(647,748	)

CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)

YEAR ENDED DECEMBER 31, 2012



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


Sales of metal	$	—		$	243,380		$	652,112		$	—		$	895,492
Production costs applicable to sales	—			(159,151		)	(295,411		)	—			(454,562		)
Depreciation, depletion and amortization	(521		)	(49,750		)	(168,586		)	—			(218,857		)
Gross profit	(521		)	34,479			188,115			—			222,073
COSTS AND EXPENSES
General and administrative	30,699			1,101			1,177			—			32,977
Exploration	1,946			7,930			16,394			—			26,270
Write-downs	—			—			5,825			—			5,825
Pre-development, care, maintenance and other	—			(362		)	1,623			—			1,261
Total costs and expenses	32,645			8,669			25,019			—			66,333
OPERATING INCOME (LOSS)	(33,166		)	25,810			163,096			—			155,740
OTHER INCOME AND EXPENSE
Loss on debt extinguishments	—			(1,036		)	—			—			(1,036		)
Fair value adjustments, net	3,477			4,089			(31,053		)	—			(23,487		)
Other than temporary impairment of marketable securities	(605		)	—			—			—			(605		)
Interest income and other, net	5,744			859			13,071			(4,633		)	15,041
Interest expense, net of capitalized interest	(4,158		)	(2,997		)	(23,647		)	4,633			(26,169		)
Total other income and expense, net	4,458			915			(41,629		)	—			(36,256		)
Income (loss) before income taxes	(28,708		)	26,725			121,467			—			119,484
Income tax provision	(3,844		)	(2,930		)	(64,033		)	—			(70,807		)
Total income (loss) after taxes	(32,552		)	23,795			57,434			—			48,677
Equity income (loss) in consolidated subsidiaries	81,229			—			—			(81,229		)	—
NET INCOME (LOSS)	$	48,677		$	23,795		$	57,434		$	(81,229	)	$	48,677
OTHER COMPREHENSIVE INCOME (LOSS), net of tax:
Unrealized loss on available for sale securities	(3,351		)	—			—			—			(3,351		)
Reclassification adjustments for losses included in net income	605			—			—			—			605
Other comprehensive loss	(2,746		)	—			—			—			(2,746		)
COMPREHENSIVE INCOME (LOSS)	$	45,931		$	23,795		$	57,434		$	(81,229	)	$	45,931

CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)

YEAR ENDED DECEMBER 31, 2011



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


Sales of metal	$	—		$	208,517		$	812,683		$	—		$	1,021,200
Production costs applicable to sales	—			(129,520		)	(290,027		)	—			(419,547		)
Depreciation, depletion and amortization	(450		)	(38,670		)	(185,380		)	—			(224,500		)
Gross profit	(450		)	40,327			337,276			—			377,153
COSTS AND EXPENSES
General and administrative	28,407			937			2,035			—			31,379
Exploration	1,504			3,754			13,870			—			19,128
Pre-development, care, maintenance and other	—			19,311			130			—			19,441
Total costs and expenses	29,911			24,002			16,035			—			69,948
OPERATING INCOME (LOSS)	(30,361		)	16,325			321,241			—			307,205
OTHER INCOME AND EXPENSE
Loss on debt extinguishments	(5,526		)	—			—			—			(5,526		)
Fair value adjustments, net	(3,566		)	(8,438		)	(40,046		)	—			(52,050		)
Interest income and other, net	8,871			1,170			(7,372		)	(9,279		)	(6,610		)
Interest expense, net of capitalized interest	(6,328		)	(4,910		)	(32,815		)	9,279			(34,774		)
Total other income and expense, net	(6,549		)	(12,178		)	(80,233		)	—			(98,960		)
Income (loss) before income taxes	(36,910		)	4,147			241,008			—			208,245
Income tax provision	(20,904		)	(440		)	(93,402		)	—			(114,746		)
Total income (loss) after taxes	(57,814		)	3,707			147,606			—			93,499
Equity income (loss) in consolidated subsidiaries	151,313			—			—			(151,313		)	—
NET INCOME (LOSS)	$	93,499		$	3,707		$	147,606		$	(151,313	)	$	93,499
OTHER COMPREHENSIVE INCOME (LOSS) net of tax:
Unrealized loss on available for sale securities	(4,975		)	—			—			—			(4,975		)
Reclassification adjustments for losses included in net income	—			—			—			—			—
Other comprehensive loss	(4,975		)	—			—			—			(4,975		)
COMPREHENSIVE INCOME (LOSS)	$	88,524		$	3,707		$	147,606		$	(151,313	)	$	88,524

CONSOLIDATING STATEMENT OF CASH FLOWS

YEAR ENDED DECEMBER 31, 2013



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


CASH FLOWS FROM OPERATING ACTIVITIES:
Cash provided by operating activities	$	(701,653	)	$	17,456		$	151,491		$	646,173		113,467
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of short term investments and marketable securities	(2,921		)	(66		)	(5,065		)	—			(8,052		)
Proceeds from sales and maturities of short term investments	29,274			75			5,447			—			34,796
Capital expenditures	(3,573		)	(50,810		)	(46,430		)	—			(100,813		)
Acquisitions	(113,214		)	(3,684		)	—			—			(116,898		)
Other	3,266			444			768			—			4,478
Investments in consolidated subsidiaries	642,617			68			3,488			(646,173		)	—
CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	555,449			(53,973		)	(41,792		)	(646,173		)	(186,489		)
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	(52,568		)	(3,171		)	(4,889		)	—			(60,628		)
Payments on gold production royalty	—			—			(57,034		)	—			(57,034		)
Share repurchases	(27,552		)	—			—			—			(27,552		)
Net intercompany borrowings (lending)	(22,874		)	40,279			(17,405		)	—			—
Other	(514		)	—			—			—			(514		)
CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	196,492			37,108			(79,328		)	—			154,272
NET CHANGE IN CASH AND CASH EQUIVALENTS	50,288			591			30,371			—			81,250
Cash and cash equivalents at beginning of period	86,788			400			38,252			—			125,440
Cash and cash equivalents at end of period	$	137,076		$	991		$	68,623		$	—		$	206,690

CONSOLIDATING STATEMENT OF CASH FLOWS

YEAR ENDED DECEMBER 31, 2012



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


CASH FLOWS FROM OPERATING ACTIVITIES:
Cash provided by operating activities	$	58,754		$	37,426		$	256,683		$	(81,229	)	$	271,634
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of short term investments and marketable securities	(12,913		)	(46		)	—			—			(12,959		)
Proceeds from sales and maturities of short term investments	21,590			45			60			—			21,695
Capital expenditures	(1,531		)	(48,788		)	(65,322		)	—			(115,641		)
Acquisition of Joaquin mineral rights	(29,338		)	—			41			—			(29,297		)
Other	3,538			130			(581		)	—			3,087
Investments in consolidated subsidiaries	(81,229		)	—			—			81,229			—
CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	(99,883		)	(48,659		)	(65,802		)	81,229			(133,115		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Payments on long-term debt, capital leases, and associated costs	(4,005		)	(79,839		)	(13,326		)	—			(97,170		)
Payments on gold production royalty	—			—			(74,734		)	—			(74,734		)
Reductions of restricted assets associated with the Kensington Term Facility	—			4,645			—			—			4,645
Share repurchases	(19,971		)	—			—			—			(19,971		)
Net intercompany borrowings (lending)	67,082			86,394			(153,476		)	—			—
Other	(861		)	—			—			—			(861		)
CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	42,245			11,200			(241,536		)	—			(188,091		)
NET CHANGE IN CASH AND CASH EQUIVALENTS	1,116			(33		)	(50,655		)	—			(49,572		)
Cash and cash equivalents at beginning of period	85,672			433			88,907			—			175,012
Cash and cash equivalents at end of period	$	86,788		$	400		$	38,252		$	—		$	125,440

CONSOLIDATING STATEMENT OF CASH FLOWS

YEAR ENDED DECEMBER 31, 2011



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


CASH FLOWS FROM OPERATING ACTIVITIES:
Cash provided by operating activities	$	132,318		$	38,152		$	397,016		$	(151,313	)	$	416,173
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of short term investments and marketable securities	(49,321		)	(60		)	(120		)	—			(49,501		)
Proceeds from sales and maturities of short term investments	6,138			48			60			—			6,246
Capital expenditures	(567		)	(61,288		)	(58,133		)	—			(119,988		)
Other	1,216			903			163			—			2,282
Investments in consolidated subsidiaries	(151,313		)	—			—			151,313			—
CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	(193,847		)	(60,397		)	(58,030		)	151,313			(160,961		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of notes and bank borrowings	—			27,500			—			—			27,500
Payments on long-term debt, capital leases, and associated costs	(37,983		)	(30,493		)	(17,043		)	—			(85,519		)
Additions to funds held financing	—			(1,326		)	—			—			(1,326		)
Payments on gold production royalty	—			—			(73,191		)	—			(73,191		)
Payments on gold lease facility	(13,800		)	—			—			—			(13,800		)
Net intercompany borrowings (lending)	163,224			26,239			(189,463		)	—			—
Other	18			—			—			—			18
CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	111,459			21,920			(279,697		)	—			(146,318		)
NET CHANGE IN CASH AND CASH EQUIVALENTS	49,930			(325		)	59,289			—			108,894
Cash and cash equivalents at beginning of period	35,742			758			29,618			—			66,118
Cash and cash equivalents at end of period	$	85,672		$	433		$	88,907		$	—		$	175,012

CONSOLIDATING BALANCE SHEET

DECEMBER 31, 2013



	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
ASSETS
CURRENT ASSETS
Cash and cash equivalents	$	137,076		$	991		$	68,623		$	—		$	206,690
Investments	—			—			—			—			—
Receivables	530			19,982			60,562			—			81,074
Ore on leach pad	—			50,495			—			—			50,495
Metal and other inventory	—			35,290			96,733			—			132,023
Deferred tax assets	—			—			35,008			—			35,008
Prepaid expenses and other	4,128			5,282			16,530			—			25,940
	141,734			112,040			277,456			—			531,230
NON-CURRENT ASSETS
Property, plant and equipment, net	5,980			143,118			337,175			—			486,273
Mining properties, net	—			235,537			1,515,964			—			1,751,501
Ore on leach pad	—			31,528			—			—			31,528
Restricted assets	830			50			6,134			—			7,014
Marketable securities	—			14,521			—			—			14,521
Receivables	—			—			36,574			—			36,574
Debt issuance costs, net	10,812			—			—			—			10,812
Deferred tax assets	955			—			234			—			1,189
Net investment in subsidiaries	1,242,480			46,215			1,578,799			(2,867,494		)	—
Other	53,858			14,616			320,425			(373,563		)	15,336
TOTAL ASSETS	$	1,456,649		$	597,625		$	4,072,761		$	(3,241,057	)	$	2,885,978

LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES
Accounts payable	$	1,963		$	15,864		$	36,020		$	—		$	53,847
Accrued liabilities and other	1,545			950			4,348			—			6,843
Accrued income taxes	34			—			3,085			—			3,119
Accrued payroll and related benefits	5,152			7,062			6,115			—			18,329
Accrued interest payable	9,962			4			1,063			(1,054		)	9,975
Debt and capital leases	—			1,262			309,472			(308,229		)	2,505
Royalty obligations	—			3,934			44,085			—			48,019
Reclamation and mine closure	—			—			794			119			913
Deferred tax liabilities	—			—			1,011			—			1,011
	18,656			29,076			405,993			(309,164		)	144,561
NON-CURRENT LIABILITIES
Debt and capital leases	305,335			255			64,820			(64,280		)	306,130
Royalty obligations	—			17,696			47,446			—			65,142
Reclamation and mine closure	—			45,894			11,740			(119		)	57,515
Deferred tax liabilities	37,095			1,618			517,533			—			556,246
Other long-term liabilities	2,467			544			22,806			—			25,817
Intercompany payable (receivable)	(637,471		)	427,085			210,386			—			—
	(292,574		)	493,092			874,731			(64,399		)	1,010,850
STOCKHOLDERS’ EQUITY
Common stock	1,028			250			122,666			(122,916		)	1,028
Additional paid-in capital	2,781,164			79,712			3,258,037			(3,337,749		)	2,781,164
Accumulated deficit	(1,046,719		)	401			(588,666		)	588,265			(1,046,719		)
Accumulated other comprehensive loss	(4,906		)	(4,906		)	—			4,906			(4,906		)
	1,730,567			75,457			2,792,037			(2,867,494		)	1,730,567
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	1,456,649		$	597,625		$	4,072,761		$	(3,241,057	)	$	2,885,978

CONSOLIDATING BALANCE SHEET

DECEMBER 31, 2012



	Coeur Mining, Inc.			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
ASSETS
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
Prepaid expenses and other	3,395			5,947		11,844			—			21,186
	99,702			82,887		223,593			—			406,182
NON-CURRENT ASSETS
Property, plant and equipment, net	4,183			208,857		470,820			—			683,860
Mining properties, net	—			301,506		1,690,445			—			1,991,951
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