SUPPLEMENTAL GUARANTOR INFORMATION

The following 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 its subsidiaries, and Coeur Capital, Inc. (collectively, the “Subsidiary Guarantors”) of the 2024 Senior Notes. The following schedules present 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 and joint and several obligations. There are no restrictions on the ability of Coeur to obtain funds from the Subsidiary Guarantors by dividend or loan.

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)

THREE MONTHS ENDED JUNE 30, 2017



In thousands	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenue	$	—		$	95,371		$	77,983		$	—		$	173,354
COSTS AND EXPENSES
Costs applicable to sales⁽¹⁾	—			67,916			57,705			—			125,621
Amortization	298			15,835			16,813			—			32,946
General and administrative	6,960			(4		)	86			—			7,042
Exploration	395			3,217			4,201			—			7,813
Pre-development, reclamation, and other	598			1,890			1,878			—			4,366
Total costs and expenses	8,251			88,854			80,683			—			177,788
OTHER INCOME (EXPENSE), NET
Loss on debt extinguishments	(9,342		)	—			—			—			(9,342		)
Fair value adjustments, net	—			336			—			—			336
Other, net	2,000			2,477			1,071			(1,412		)	4,136
Interest expense, net of capitalized interest	(3,377		)	(264		)	(1,520		)	1,412			(3,749		)
Total other income (expense), net	(10,719		)	2,549			(449		)	—			(8,619		)
Loss before income and mining taxes	(18,970		)	9,066			(3,149		)	—			(13,053		)
Income and mining tax (expense) benefit	3,395			(938		)	(359		)	—			2,098
Total loss after income and mining taxes	(15,575		)	8,128			(3,508		)	—			(10,955		)
Equity income (loss) in consolidated subsidiaries	4,620			1,139			(238		)	(5,521		)	—
NET INCOME (LOSS)	$	(10,955	)	$	9,267		$	(3,746	)	$	(5,521	)	$	(10,955	)
OTHER COMPREHENSIVE INCOME (LOSS), net of tax:
Unrealized gain (loss) on marketable securities, net of tax	(18		)	(469		)	—			469			(18		)
Reclassification adjustments for impairment of equity securities, net of tax	305			305			—			(305		)	305
Reclassification adjustments for realized gain (loss) on sale of equity securities, net of tax	(203		)	(203		)	—			203			(203		)
Other comprehensive income (loss)	84			(367		)	—			367			84
COMPREHENSIVE INCOME (LOSS)	$	(10,871	)	$	8,900		$	(3,746	)	$	(5,154	)	$	(10,871	)

(1) Excludes amortization.

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
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		)
Income (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
Income (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 equity 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 CASH FLOWS

THREE MONTHS ENDED JUNE 30, 2017



In thousands	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
CASH FLOWS FROM OPERATING ACTIVITIES:
Cash provided by (used in) operating activities	$	(5,005	)	$	14,844		$	24,961		$	(5,521	)	29,279

CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures	(989		)	(23,937		)	(12,556		)	—			(37,482		)
Proceeds from the sale of long-lived assets	1			443			(8		)	—			436
Purchase of investments	(8,948		)	—			—			—			(8,948		)
Sales and maturities of investments	—			898			—			—			898
Other	—			—			(61		)	—			(61		)
Investments in consolidated subsidiaries	(550		)	823			240			(513		)	—
CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	(10,486		)	(21,773		)	(12,385		)	(513		)	(45,157		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Issuance of notes and bank borrowings	244,958			—			—			—			244,958
Payments on debt, capital leases, and associated costs	(185,538		)	(2,021		)	(1,372		)	—			(188,931		)
Net intercompany financing activity	(6,680		)	10,886			(10,240		)	6,034			—
Other	(473		)	—			—			—			(473		)
CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	52,267			8,865			(11,612		)	6,034			55,554
Effect of exchange rate changes on cash and cash equivalents	—			—			329			—			329
NET CHANGE IN CASH AND CASH EQUIVALENTS	36,776			1,936			1,293			—			40,005
Cash and cash equivalents at beginning of period	67,102			45,976			96,955			—			210,033
Cash and cash equivalents at end of period	$	103,878		$	47,912		$	98,248		$	—		$	250,038

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:
Issuance of common stock	73,071			—			—			—			73,071
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			—
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 COMPREHENSIVE INCOME (LOSS)

SIX MONTHS ENDED JUNE 30, 2017



In thousands	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenue	$	—		$	202,565		$	176,927		$	—		$	379,492
COSTS AND EXPENSES
Costs applicable to sales⁽¹⁾	—			139,118			119,215			—			258,333
Amortization	622			33,939			38,489			—			73,050
General and administrative	17,066			20			89			—			17,175
Exploration	731			4,944			7,390			—			13,065
Pre-development, reclamation, and other	773			3,671			4,503			—			8,947
Total costs and expenses	19,192			181,692			169,686			—			370,570
OTHER INCOME (EXPENSE), NET
Loss on debt extinguishments	(9,342		)	—			—			—			(9,342		)
Fair value adjustments, net	—			(864		)	—			—			(864		)
Other, net	17,222			7,935			2,944			(2,826		)	25,275
Interest expense, net of capitalized interest	(6,656		)	(439		)	(3,066		)	2,826			(7,335		)
Total other income (expense), net	1,224			6,632			(122		)	—			7,734
Loss before income and mining taxes	(17,968		)	27,505			7,119			—			16,656
Income and mining tax (expense) benefit	4,983			(3,372		)	(10,559		)	—			(8,948		)
Total loss after income and mining taxes	(12,985		)	24,133			(3,440		)	—			7,708
Equity income (loss) in consolidated subsidiaries	20,693			1,209			(305		)	(21,597		)	—
NET INCOME (LOSS)	$	7,708		$	25,342		$	(3,745	)	$	(21,597	)	$	7,708
OTHER COMPREHENSIVE INCOME (LOSS), net of tax:
Unrealized gain (loss) on marketable securities, net of tax	(2,200		)	(748		)	—			748			(2,200		)
Reclassification adjustments for impairment of equity securities, net of tax	426			426			—			(426		)	426
Reclassification adjustments for realized gain (loss) on sale of equity securities, net of tax	1,268			(572		)	—			572			1,268
Other comprehensive income (loss)	(506		)	(894		)	—			894			(506		)
COMPREHENSIVE INCOME (LOSS)	$	7,202		$	24,448		$	(3,745	)	$	(20,703	)	$	7,202

(1) Excludes amortization.

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
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		)
Income (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		)
Income (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 CASH FLOWS

SIX MONTHS ENDED JUNE 30, 2017



In thousands	Coeur Mining, Inc.			Guarantor Subsidiaries				Non-Guarantor Subsidiaries			Eliminations			Consolidated
CASH FLOWS FROM OPERATING ACTIVITIES:
Cash provided by (used in) operating activities	$	(9,820	)	$	32,027		52,577	$	83,940		$	(21,597	)	84,550

CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures	(1,308		)	(40,912		)	52,577	(19,241		)	—			(61,461		)
Proceeds from the sale of long-lived assets	8,917			6,594			52,577	(56		)	—			15,455
Purchase of investments	(9,964		)	—			52,577	—			—			(9,964		)
Sales and maturities of investments	9,157			1,761			52,577	—			—			10,918
Other	(1,486		)	—			52,577	(121		)	—			(1,607		)
Investments in consolidated subsidiaries	(13,004		)	753			52,577	307			11,944			—
CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	(7,688		)	(31,804		)		(19,111		)	11,944			(46,659		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Issuance of notes and bank borrowings	244,958			—			52,577	—			—			244,958
Payments on debt, capital leases, and associated costs	(185,538		)	(3,895		)	52,577	(2,724		)	—			(192,157		)
Net intercompany financing activity	7,638			1,561			52,577	(18,852		)	9,653			—
Other	(3,720		)	—			52,577	—			—			(3,720		)
CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	63,338			(2,334		)		(21,576		)	9,653			49,081
Effect of exchange rate changes on cash and cash equivalents	—			—				884			—			884
NET CHANGE IN CASH AND CASH EQUIVALENTS	45,830			(2,111		)		44,137			—			87,856
Cash and cash equivalents at beginning of period	58,048			50,023				54,111			—			162,182
Cash and cash equivalents at end of period	$	103,878		$	47,912			$	98,248		$	—		$	250,038

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:
Issuance of common stock	73,071			—			—			—			73,071
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			—
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 BALANCE SHEET

JUNE 30, 2017



In thousands	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
ASSETS
CURRENT ASSETS
Cash and cash equivalents	$	103,878		$	47,912		$	98,248		$	—		$	250,038
Receivables	54			13,527			56,075			—			69,656
Ore on leach pads	—			75,699			—			—			75,699
Inventory	—			35,099			32,796			—			67,895
Prepaid expenses and other	6,696			2,366			9,501			—			18,563
	110,628			174,603			196,620			—			481,851
NON-CURRENT ASSETS
Property, plant and equipment, net	3,908			146,826			77,004			—			227,738
Mining properties, net	4,000			210,785			335,462			—			550,247
Ore on leach pads	—			69,954			—			—			69,954
Restricted assets	11,711			226			7,357			—			19,294
Equity securities	9,930			1,942			—			—			11,872
Receivables	—			—			15,140			—			15,140
Net investment in subsidiaries	274,908			12,858			(861		)	(286,905		)	—
Other	211,384			10,186			8,366			(211,384		)	18,552
TOTAL ASSETS	$	626,469		$	627,380		$	639,088		$	(498,289	)	$	1,394,648

LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES
Accounts payable	$	1,599		$	24,168		$	33,033		$	—		$	58,800
Other accrued liabilities	5,638			12,299			23,313			—			41,250
Debt	—			7,338			5,676			—			13,014
Reclamation	—			2,749			850			—			3,599
	7,237			46,554			62,872			—			116,663
NON-CURRENT LIABILITIES
Debt	244,827			22,163			216,160			(211,384		)	271,766
Reclamation	—			77,743			21,798			—			99,541
Deferred tax liabilities	5,304			6,137			63,947			—			75,388
Other long-term liabilities	2,390			4,758			46,631			—			53,779
Intercompany payable (receivable)	(410,800		)	336,771			74,029			—			—
	(158,279		)	447,572			422,565			(211,384		)	500,474
STOCKHOLDERS’ EQUITY
Common stock	1,814			250			193,175			(193,425		)	1,814
Additional paid-in capital	3,316,407			182,611			1,809,559			(1,992,170		)	3,316,407
Accumulated deficit	(2,537,716		)	(46,225		)	(1,849,083		)	1,895,308			(2,537,716		)
Accumulated other comprehensive income (loss)	(2,994		)	(3,382		)	—			3,382			(2,994		)
	777,511			133,254			153,651			(286,905		)	777,511
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	626,469		$	627,380		$	639,088		$	(498,289	)	$	1,394,648

CONDENSED CONSOLIDATING BALANCE SHEET

DECEMBER 31, 2016



In thousands	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
ASSETS
CURRENT ASSETS
Cash and cash equivalents	$	58,048		$	50,023		$	54,111		$	—		$	162,182
Receivables	12			6,865			53,554			—			60,431
Ore on leach pads	—			64,167			—			—			64,167
Inventory	—			49,393			56,633			—			106,026
Prepaid expenses and other	3,803			1,459			12,719			—			17,981
	61,863			171,907			177,017			—			410,787
NON-CURRENT ASSETS
Property, plant and equipment, net	3,222			139,885			73,689			—			216,796
Mining properties, net	—			195,791			362,664			—			558,455
Ore on leach pads	—			67,231			—			—			67,231
Restricted assets	10,170			226			7,201			—			17,597
Equity securities	—			4,488			—			—			4,488
Receivables	—			—			30,951			—			30,951
Net investment in subsidiaries	273,056			11,650			—			(284,706		)	—
Other	221,381			9,263			3,344			(221,384		)	12,604
TOTAL ASSETS	$	569,692		$	600,441		$	654,866		$	(506,090	)	$	1,318,909

LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES
Accounts payable	$	2,153		$	24,921		$	26,261		$	—		$	53,335
Other accrued liabilities	12,881			13,664			16,198			—			42,743
Debt	—			6,516			5,523			—			12,039
Royalty obligations	—			4,995			—			—			4,995
Reclamation	—			2,672			850			—			3,522
	15,034			52,768			48,832			—			116,634
NON-CURRENT LIABILITIES
Debt	175,991			15,214			229,036			(221,384		)	198,857
Royalty obligations	—			4,292			—			—			4,292
Reclamation	—			75,183			20,621			—			95,804
Deferred tax liabilities	13,810			6,179			54,809			—			74,798
Other long-term liabilities	1,993			4,750			53,294			—			60,037
Intercompany payable (receivable)	(405,623		)	336,813			68,810			—			—
	(213,829		)	442,431			426,570			(221,384		)	433,788
STOCKHOLDERS’ EQUITY
Common stock	1,809			250			197,913			(198,163		)	1,809
Additional paid-in capital	3,314,590			181,009			1,864,261			(2,045,270		)	3,314,590
Accumulated deficit	(2,545,424		)	(73,529		)	(1,882,710		)	1,956,239			(2,545,424		)
Accumulated other comprehensive income (loss)	(2,488		)	(2,488		)	—			2,488			(2,488		)
	768,487			105,242			179,464			(284,706		)	768,487
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	569,692		$	600,441		$	654,866		$	(506,090	)	$	1,318,909