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 $450 million aggregate principal amount of 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 MARCH 31, 2014



	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenue	$	—		$	60,500		$	99,133		$	—		$	159,633
COSTS AND EXPENSES
Costs applicable to sales⁽¹⁾	—			43,238			63,658			—			106,896
Amortization	377			15,296			24,786			—			40,459
General and administrative	13,052			166			678			—			13,896
Exploration	586			2,421			1,210			—			4,217
Pre-development, reclamation, and other	—			1,536			5,448			—			6,984
Total costs and expenses	14,015			62,657			95,780			—			172,452
OTHER INCOME (EXPENSE), NET
Fair value adjustments, net	(526		)	(673		)	(10,237		)	—			(11,436		)
Impairment of marketable securities	—			(2,588		)	—			—			(2,588		)
Interest income and other, net	840			46			(2,211		)	(658		)	(1,983		)
Interest expense, net of capitalized interest	(10,183		)	(26		)	(3,503		)	658			(13,054		)
Total other income (expense), net	(9,869		)	(3,241		)	(15,951		)	—			(29,061		)
Loss before income and mining taxes	(23,884		)	(5,398		)	(12,598		)	—			(41,880		)
Income and mining tax (expense) benefit	(146		)	—			4,835			—			4,689
Total loss after income and mining taxes	(24,030		)	(5,398		)	(7,763		)	—			(37,191		)
Equity income (loss) in consolidated subsidiaries	(13,161		)	178			—			12,983			—
NET INCOME (LOSS)	$	(37,191	)	$	(5,220	)	$	(7,763	)	$	12,983		$	(37,191	)
OTHER COMPREHENSIVE INCOME (LOSS), net of tax:
Unrealized gain (loss) on marketable securities, net of tax	371			467			—			(467		)	371
Reclassification adjustments for impairment of marketable securities	1,587			1,587						(1,587		)	1,587
Other comprehensive income (loss)	1,958			2,054			—			(2,054		)	1,958
COMPREHENSIVE INCOME (LOSS)	$	(35,233	)	$	(3,166	)	$	(7,763	)	$	10,929		$	(35,233	)

(1) Excludes amortization.

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)

THREE MONTHS ENDED MARCH 31, 2013



	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenue	$	—		$	78,748		$	93,049		$	—		$	171,797
COSTS AND EXPENSES
Costs applicable to sales⁽¹⁾	—			44,342			43,717			—			88,059
Amortization	219			15,141			34,364			—			49,724
General and administrative	9,736			168			323			—			10,227
Exploration	349			1,464			5,028			—			6,841
Write-downs	—			—			119			—			119
Pre-development, reclamation, and other	—			429			4,768			—			5,197
Total costs and expenses	10,304			61,544			88,319			—			160,167
OTHER INCOME (EXPENSE), NET
Fair value adjustments, net	(860		)	4,227			14,429			—			17,796
Impairment of marketable securities	(35		)	—			—			—			(35		)
Interest income and other, net	899			234			3,563			(840		)	3,856
Interest expense, net of capitalized interest	(5,698		)	(264		)	(4,610		)	840			(9,732		)
Total other income (expense), net	(5,694		)	4,197			13,382			—			11,885
Loss before income and mining taxes	(15,998		)	21,401			18,112			—			23,515
Income and mining tax (expense) benefit	(2,486		)	(780		)	(7,979		)	—			(11,245		)
Total loss after income and mining taxes	(18,484		)	20,621			10,133			—			12,270
Equity income (loss) in consolidated subsidiaries	30,754			—			—			(30,754		)	—
NET INCOME (LOSS)	$	12,270		$	20,621		$	10,133		$	(30,754	)	$	12,270
OTHER COMPREHENSIVE INCOME (LOSS), net of tax:
Unrealized gain (loss) on marketable securities, net of tax	(3,566		)	—			—			—			(3,566		)
Reclassification adjustments for impairment of marketable securities	35			—			—			—			35
Other comprehensive loss	(3,531		)	—			—			—			(3,531		)
COMPREHENSIVE INCOME (LOSS)	$	8,739		$	20,621		$	10,133		$	(30,754	)	$	8,739

(1) Excludes amortization.

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

THREE MONTHS ENDED MARCH 31, 2014



	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
CASH FLOWS FROM OPERATING ACTIVITIES:
Cash provided by (used in) operating activities	$	(37,623	)	$	4,932		$	10,082		$	12,982		(9,627		)
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures	(945		)	(5,670		)	(5,321		)	—			(11,936		)
Purchase of short term investments and marketable securities	(45,796		)	(424		)	—			—			(46,220		)
Sales and maturities of short term investments	90			—			—			—			90
Other	—			—			(25		)	—			(25		)
Investments in consolidated subsidiaries	13,160			(178		)	—			(12,982		)	—
CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	(33,491		)	(6,272		)	(5,346		)	(12,982		)	(58,091		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Issuance of notes and bank borrowings	153,000			—			—			—			153,000
Payments on long-term debt, capital leases, and associated costs	(3,196		)	(412		)	(503		)	—			(4,111		)
Gold production royalty payments	—			—			(14,683		)	—			(14,683		)
Net intercompany borrowings (lending)	(11,475		)	1,515			9,960			—			—
Other	(246		)	—			—			—			(246		)
CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	138,083			1,103			(5,226		)	—			133,960
NET CHANGE IN CASH AND CASH EQUIVALENTS	66,969			(237		)	(490		)	—			66,242
Cash and cash equivalents at beginning of period	137,076			991			68,623			—			206,690
Cash and cash equivalents at end of period	$	204,045		$	754		$	68,133		$	—		$	272,932

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

THREE MONTHS ENDED MARCH 31, 2013



	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
CASH FLOWS FROM OPERATING ACTIVITIES:
Cash provided by (used in) operating activities	$	22,976		$	16,889		$	3,823		$	(30,754	)	$	12,934
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures	(428		)	(6,626		)	(5,773		)	—			(12,827		)
Purchase of short term investments and marketable securities	(1,598		)	(16		)	(3,035		)	—			(4,649		)
Sales and maturities of short term investments	1,375			14			3,433			—			4,822
Other	(11,553		)	238			705			—			(10,610		)
Investments in consolidated subsidiaries	(30,754		)	—			—			30,754			—
CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	(42,958		)	(6,390		)	(4,670		)	30,754			(23,264		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Issuance of notes and bank borrowings	300,000			—			—			—			300,000
Payments on long-term debt, capital leases, and associated costs	(52,565		)	(1,240		)	(1,535		)	—			(55,340		)
Gold production royalty payments	—			—			(15,448		)	—			(15,448		)
Share repurchases	(12,557		)	—			—			—			(12,557		)
Net intercompany borrowings (lending)	7,355			(9,377		)	2,022			—			—
Other	(454		)	—			—			—			(454		)
CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	241,779			(10,617		)	(14,961		)	—			216,201
NET CHANGE IN CASH AND CASH EQUIVALENTS	221,797			(118		)	(15,808		)	—			205,871
Cash and cash equivalents at beginning of period	86,788			400			38,252			—			125,440
Cash and cash equivalents at end of period	$	308,585		$	282		$	22,444		$	—		$	331,311

CONDENSED CONSOLIDATING BALANCE SHEET

MARCH 31, 2014



	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
ASSETS
CURRENT ASSETS
Cash and cash equivalents	$	204,045		$	754		$	68,133		$	—		$	272,932
Investments	45,628			—			—			—			45,628
Receivables	102			13,121			62,583			—			75,806
Ore on leach pads	—			59,895			—			—			59,895
Inventory	—			37,386			96,192			—			133,578
Deferred tax assets	—			—			34,998			—			34,998
Prepaid expenses and other	3,729			9,449			17,657			—			30,835
	253,504			120,605			279,563			—			653,672
NON-CURRENT ASSETS
Property, plant and equipment, net	6,576			141,364			328,897			—			476,837
Mining properties, net	—			236,130			1,504,344			—			1,740,474
Ore on leach pads	—			34,485			—			—			34,485
Restricted assets	830			50			6,546			—			7,426
Marketable securities	—			15,646			—			—			15,646
Receivables	—			—			36,271			—			36,271
Debt issuance costs, net	11,356			—			—			—			11,356
Deferred tax assets	955						(126		)	—			829
Net investment in subsidiaries	1,231,366			24,202			1,600,990			(2,856,558		)	—
Other	54,521			31,372			324,489			(400,393		)	9,989
TOTAL ASSETS	$	1,559,108		$	603,854		$	4,080,974		$	(3,256,951	)	$	2,986,985

LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES
Accounts payable	$	1,301		$	17,840		$	30,817		$	—		$	49,958
Accrued liabilities and other	9,811			7,904			13,214			(1,068		)	29,861
Debt	5,334			1,903			335,137			(334,279		)	8,095
Royalty obligations	—			4,951			45,299			—			50,250
Reclamation	—			—			643			119			762
Deferred tax liabilities	—			847			1,011			—			1,858
	16,446			33,445			426,121			(335,228		)	140,784
NON-CURRENT LIABILITIES
Debt	452,964			2,765			65,469			(65,046		)	456,152
Royalty obligations	—			17,352			45,038			—			62,390
Reclamation	—			46,627			12,122			(119		)	58,630
Deferred tax liabilities	37,096			1,618			505,382			—			544,096
Other long-term liabilities	2,634			518			24,084			—			27,236
Intercompany payable (receivable)	(647,729		)	428,962			218,767			—			—
	(155,035		)	497,842			870,862			(65,165		)	1,148,504
STOCKHOLDERS’ EQUITY
Common stock	1,035			250			122,666			(122,916		)	1,035
Additional paid-in capital	2,783,520			79,712			3,258,037			(3,337,749		)	2,783,520
Accumulated deficit	(1,083,910		)	(4,544		)	(596,712		)	601,256			(1,083,910		)
Accumulated other comprehensive loss	(2,948		)	(2,851		)	—			2,851			(2,948		)
	1,697,697			72,567			2,783,991			(2,856,558		)	1,697,697
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	1,559,108		$	603,854		$	4,080,974		$	(3,256,951	)	$	2,986,985

CONDENSED 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 pads	—			50,495			—			—			50,495
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 pads	—			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	16,693			8,016			14,611			(1,054		)	38,266
Debt	—			1,262			309,472			(308,229		)	2,505
Royalty obligations	—			3,934			44,085			—			48,019
Reclamation	—			—			794			119			913
Deferred tax liabilities	—			—			1,011			—			1,011
	18,656			29,076			405,993			(309,164		)	144,561
NON-CURRENT LIABILITIES
Debt	305,335			255			64,820			(64,280		)	306,130
Royalty obligations	—			17,696			47,446			—			65,142
Reclamation	—			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