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 MARCH 31, 2018



In thousands	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenue	$	—		$	93,230		$	70,037		$	—		$	163,267
COSTS AND EXPENSES
Costs applicable to sales⁽¹⁾	—			68,245			31,095			—			99,340
Amortization	246			14,205			16,326			—			30,777
General and administrative	8,797			3			4			—			8,804
Exploration	459			2,245			3,979			—			6,683
Pre-development, reclamation, and other	406			1,947			1,872			—			4,225
Total costs and expenses	9,908			86,645			53,276			—			149,829
OTHER INCOME (EXPENSE), NET
Fair value adjustments, net	5,279			(292		)	—			—			4,987
Other, net	4,142			(137		)	(106		)	(3,719		)	180
Interest expense, net of capitalized interest	(5,083		)	(353		)	(4,248		)	3,719			(5,965		)
Total other income (expense), net	4,338			(782		)	(4,354		)	—			(798		)
Income (loss) from continuing operations before income and mining taxes	(5,570		)	5,803			12,407			—			12,640
Income and mining tax (expense) benefit	1,638			(1,120		)	(12,467		)	—			(11,949		)
Income (loss) from continuing operations	(3,932		)	4,683			(60		)	—			691
Equity income (loss) in consolidated subsidiaries	4,164			(38		)	(170		)	(3,956		)	—
Income (loss) from discontinued operations	1,009			(284		)	(175		)	—			550
NET INCOME (LOSS)	$	1,241		$	4,361		$	(405	)	$	(3,956	)	$	1,241
OTHER COMPREHENSIVE INCOME (LOSS), net of tax:
Unrealized gain (loss) on debt securities, net of tax	(278		)	—			—			—			(278		)
COMPREHENSIVE INCOME (LOSS)	$	963		$	4,361		$	(405	)	$	(3,956	)	$	963

(1) Excludes amortization.

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)

THREE MONTHS ENDED MARCH 31, 2017



In thousands	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenue	$	—		$	107,194		$	78,360		$	—		$	185,554
COSTS AND EXPENSES
Costs applicable to sales⁽¹⁾	—			71,202			43,288			—			114,490
Amortization	324			18,104			20,265			—			38,693
General and administrative	10,106			24			(5		)	—			10,125
Exploration	336			1,727			3,189			—			5,252
Pre-development, reclamation, and other	175			1,781			1,881			—			3,837
Total costs and expenses	10,941			92,838			68,618			—			172,397
OTHER INCOME (EXPENSE), NET
Fair value adjustments, net	—			(1,200		)	—			—			(1,200		)
Other, net	15,222			5,458			1,533			(1,414		)	20,799
Interest expense, net of capitalized interest	(3,279		)	(175		)	(1,539		)	1,414			(3,579		)
Total other income (expense), net	11,943			4,083			(6		)	—			16,020
Income (loss) from continuing operations before income and mining taxes	1,002			18,439			9,736			—			29,177
Income and mining tax (expense) benefit	1,588			(2,434		)	(10,032		)	—			(10,878		)
Income (loss) from continuing operations	2,590			16,005			(296		)	—			18,299
Equity income (loss) in consolidated subsidiaries	16,073			70			(67		)	(16,076		)	—
Income (loss) from discontinued operations	—			—			364			—			364
NET INCOME (LOSS)	$	18,663		$	16,075		$	1		$	(16,076	)	$	18,663
OTHER COMPREHENSIVE INCOME (LOSS), net of tax:
Unrealized gain (loss) on debt and equity securities, net of tax	(2,182		)	(279		)	—			279			(2,182		)
Reclassification adjustments for impairment of equity securities, net of tax	121			121			—			(121		)	121
Reclassification adjustments for realized loss on sale of equity securities, net of tax	1,471			(369		)	—			369			1,471
Other comprehensive income (loss)	(590		)	(527		)	—			527			(590		)
COMPREHENSIVE INCOME (LOSS)	$	18,073		$	15,548		$	1		$	(15,549	)	$	18,073

(1) Excludes amortization.

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

THREE MONTHS ENDED MARCH 31, 2018



In thousands	Coeur Mining, Inc.			Guarantor Subsidiaries				Non-Guarantor Subsidiaries			Eliminations			Consolidated
CASH FLOWS FROM OPERATING ACTIVITIES:
Cash provided by (used in) activities of continuing operations	$	(7,938	)	$	5,395			$	22,040		$	(3,956	)	15,541
Cash provided by (used in) activities of discontinued operations	—			—				(2,690		)	—			(2,690		)
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	(7,938		)	5,395				19,350			(3,956		)	12,851

CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures	(83		)	(14,341		)		(27,921		)	—			(42,345		)
Proceeds from the sale of assets	—			60				—			—			60
Purchase of investments	(361		)	—				—			—			(361		)
Sales of investments	1,067			552				—			—			1,619
Other	—			—				(65		)	—			(65		)
Investments in consolidated subsidiaries	(4,162		)	37				169			3,956			—
Cash provided by (used in) activities of continuing operations	(3,539		)	(13,692		)		(27,817		)	3,956			(41,092		)
Cash provided by (used in) activities of discontinued operations	—			—				(28,470		)	—			(28,470		)
CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	(3,539		)	(13,692		)		(56,287		)	3,956			(69,562		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Issuance of notes and bank borrowings, net of issuance costs	15,000			—			52,577	—			—			15,000
Payments on debt, capital leases, and associated costs	—			(2,395		)		(16,054		)	—			(18,449		)
Net intercompany financing activity	(20,381		)	(10,946		)		31,327			—			—
Other	(4,606		)	—				—			—			(4,606		)
Cash provided by (used in) activities of continuing operations	(9,987		)	(13,341		)		15,273			—			(8,055		)
Cash provided by (used in) activities of discontinued operations	—			—				(22		)	—			(22		)
CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	(9,987		)	(13,341		)		15,251			—			(8,077		)
Effect of exchange rate changes on cash and cash equivalents	—			2				555			—			557
Less net cash provided by (used in) discontinued operations	—			—				(32,930		)	—			(32,930		)
NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	(21,464		)	(21,636		)		11,799			—			(31,301		)
Cash, cash equivalents and restricted cash at beginning of period	56,033			52,239				95,130			—			203,402
Cash, cash equivalents and restricted cash at end of period	$	34,569		$	30,603			$	106,929		$	—		$	172,101

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

THREE MONTHS ENDED MARCH 31, 2017



In thousands	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
CASH FLOWS FROM OPERATING ACTIVITIES:
Cash provided by (used in) activities of continuing operations	$	(4,815	)	$	17,183		$	47,644		$	(16,076	)	43,936
Cash provided by (used in) activities of discontinued operations	—			—			11,335			—			11,335
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	(4,815		)	17,183			58,979			(16,076		)	55,271

CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures	(319		)	(16,975		)	(6,297		)	—			(23,591		)
Proceeds from the sale of assets	8,916			6,151			(48		)	—			15,019
Purchase of investments	(1,016		)	—			—			—			(1,016		)
Sales of investments	9,157			863			—			—			10,020
Other	46			—			(60		)	—			(14		)
Investments in consolidated subsidiaries	(12,454		)	(70		)	67			12,457			—
Cash provided by (used in) activities of continuing operations	4,330			(10,031		)	(6,338		)	12,457			418
Cash provided by (used in) activities of discontinued operations	—			—			(388		)	—			(388		)
CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	4,330			(10,031		)	(6,726		)	12,457			30
CASH FLOWS FROM FINANCING ACTIVITIES:
Payments on debt, capital leases, and associated costs	—			(1,874		)	(1,332		)	—			(3,206		)
Net intercompany financing activity	14,318			(9,325		)	(8,612		)	3,619			—
Other	(3,247		)	—			—			—			(3,247		)
Cash provided by (used in) activities of continuing operations	11,071			(11,199		)	(9,944		)	3,619			(6,453		)
Cash provided by (used in) activities of discontinued operations	—			—			(20		)	—			(20		)
CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	11,071			(11,199		)	(9,964		)	3,619			(6,473		)
Effect of exchange rate changes on cash and cash equivalents	—			—			555			—			555
Less net cash provided by (used in) discontinued operations	—			—			5,527			—			5,527
NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	10,586			(4,047		)	37,317			—			43,856
Cash, cash equivalents and restricted cash at beginning of period	66,337			50,023			10,241			—			126,601
Cash, cash equivalents and restricted cash at end of period	$	76,923		$	45,976		$	47,558		$	—		$	170,457

CONDENSED CONSOLIDATING BALANCE SHEET

MARCH 31, 2018



In thousands	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
ASSETS
CURRENT ASSETS
Cash and cash equivalents	$	22,111		$	30,603		$	106,929		$	—		$	159,643
Receivables	15,895			5,084			14,885			—			35,864
Ore on leach pads	—			75,584			—			—			75,584
Inventory	—			31,512			30,211			—			61,723
Prepaid expenses and other	8,892			3,193			6,118			—			18,203
	46,898			145,976			158,143			—			351,017
NON-CURRENT ASSETS
Property, plant and equipment, net	3,141			165,578			97,438			—			266,157
Mining properties, net	6,980			219,000			617,841			—			843,821
Ore on leach pads	—			67,430			—			—			67,430
Restricted assets	14,352			227			7,537			—			22,116
Equity and debt securities	36,772			545			—			—			37,317
Receivables	24,047			—			31,381			—			55,428
Net investment in subsidiaries	423,448			332			694			(424,474		)	—
Other	317,146			11,820			3,431			(313,748		)	18,649
TOTAL ASSETS	$	872,784		$	610,908		$	916,465		$	(738,222	)	$	1,661,935

LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES
Accounts payable	$	3,419		$	21,634		$	19,811		$	—		$	44,864
Other accrued liabilities	16,643			12,059			76,447			—			105,149
Debt	—			9,977			7,063			—			17,040
Reclamation	—			2,313			1,464			—			3,777
	20,062			45,983			104,785			—			170,830
NON-CURRENT LIABILITIES
Debt	360,280			31,116			319,336			(313,748		)	396,984
Reclamation	—			83,392			35,762			—			119,154
Deferred tax liabilities	2,641			4,978			97,605			—			105,224
Other long-term liabilities	2,602			2,751			50,079			—			55,432
Intercompany payable (receivable)	(327,111		)	307,016			20,095			—			—
	38,412			429,253			522,877			(313,748		)	676,794
STOCKHOLDERS’ EQUITY
Common stock	1,862			19,630			195,020			(214,650		)	1,862
Additional paid-in capital	3,355,710			145,024			1,882,610			(2,027,634		)	3,355,710
Accumulated deficit	(2,542,899		)	(28,982		)	(1,788,827		)	1,817,810			(2,542,898		)
Accumulated other comprehensive income (loss)	(363		)	—			—			—			(363		)
	814,310			135,672			288,803			(424,474		)	814,311
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	872,784		$	610,908		$	916,465		$	(738,222	)	$	1,661,935

CONDENSED CONSOLIDATING BALANCE SHEET

DECEMBER 31, 2017



In thousands	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
ASSETS
CURRENT ASSETS
Cash and cash equivalents	$	44,662		$	52,239		$	95,131		$	—		$	192,032
Receivables	137			7,922			11,010			—			19,069
Ore on leach pads	—			73,752			—			—			73,752
Inventory	—			29,769			28,461			—			58,230
Prepaid expenses and other	7,824			2,816			4,413			—			15,053
Assets held for sale	—			—			91,421			—			91,421
	52,623			166,498			230,436			—			449,557
NON-CURRENT ASSETS
Property, plant and equipment, net	4,007			161,487			89,243			—			254,737
Mining properties, net	—			216,281			613,288			—			829,569
Ore on leach pads	—			65,393			—			—			65,393
Restricted assets	13,251			227			7,369			—			20,847
Equity and debt securities	33,569			1,268			—			—			34,837
Receivables	—			—			28,750			—			28,750
Net investment in subsidiaries	422,074			223			(18		)	(422,279		)	—
Other	320,335			11,040			2,854			(316,744		)	17,485
TOTAL ASSETS	$	845,859		$	622,417		$	971,922		$	(739,023	)	$	1,701,175

LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES
Accounts payable	$	3,607		$	24,534		$	20,451		$	—		$	48,592
Other accrued liabilities	13,205			19,262			62,463			—			94,930
Debt	—			9,215			21,538			—			30,753
Reclamation	—			2,313			1,464			—			3,777
Liabilities held for sale	—			—			50,677			—			50,677
	16,812			55,324			156,593			—			228,729
NON-CURRENT LIABILITIES
Debt	345,088			28,313			323,912			(316,744		)	380,569
Reclamation	—			82,021			35,034			—			117,055
Deferred tax liabilities	4,110			5,127			95,911			—			105,148
Other long-term liabilities	2,311			3,063			49,323			—			54,697
Intercompany payable (receivable)	(337,439		)	317,759			19,680			—			—
	14,070			436,283			523,860			(316,744		)	657,469
STOCKHOLDERS’ EQUITY
Common stock	1,856			19,630			195,020			(214,650		)	1,856
Additional paid-in capital	3,357,345			149,194			1,885,046			(2,034,240		)	3,357,345
Accumulated deficit	(2,546,743		)	(34,551		)	(1,788,597		)	1,823,148			(2,546,743		)
Accumulated other comprehensive income (loss)	2,519			(3,463		)	—			3,463			2,519
	814,977			130,810			291,469			(422,279		)	814,977
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	845,859		$	622,417		$	971,922		$	(739,023	)	$	1,701,175