XML 35 R22.htm IDEA: XBRL DOCUMENT v3.26.1
Supplemental Guarantor Information
6 Months Ended
Jun. 30, 2026
Condensed Financial Information Disclosure [Abstract]  
SUPPLEMENTAL GUARANTOR INFORMATION SUPPLEMENTAL GUARANTOR INFORMATION
The following summarized financial information is presented to satisfy disclosure requirements of Rule 13-01 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, Coeur Capital, Inc., Sterling Intermediate Holdco, Inc., Coeur Sterling Holdings LLC, 1561611 B.C. Ltd, Coeur Silvertip Holdings Ltd., and New Gold Inc. (collectively, the “Subsidiary Guarantors”) of the 2029 Senior Notes. The following schedules present summarized financial information of (a) Coeur, the parent company, and (b) the Subsidiary Guarantors (collectively, the “Obligor Group”). The summarized financial information of the Obligor Group is presented on a combined basis with intercompany balances and transactions between entities in the Obligor Group eliminated. The Obligor Group’s amounts due from, amounts due to and transactions with certain wholly-owned domestic and foreign subsidiaries of the Company have been presented in separate line items, if they are material. 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.
SUMMARIZED BALANCE SHEET
Coeur Mining, Inc.Subsidiary Guarantors
In thousandsJune 30, 2026
December 31, 2025(1)
June 30, 2026
December 31, 2025((1)
Current assets$384,440 $375,741 $996,431 $291,673 
Non-current assets(2)
$8,487,248 $1,110,145 $11,462,792 $1,494,435 
Non-guarantor intercompany assets$4,885 $3,008 $— $— 
Current liabilities$23,351 $33,646 $295,365 $166,385 
Non-current liabilities$747,643 $311,921 $3,129,631 $216,889 
Non-guarantor intercompany liabilities$288,014 $1,423 $— $1,608 
(1) Financial information excludes 1561611 B.C. Ltd., Coeur Silvertip Holdings Ltd., and New Gold Inc., which were added as subsidiary guarantors in the second quarter of 2026.
(2) Coeur Mining, Inc.’s non-current assets include its investment in Guarantor Subsidiaries.

SUMMARIZED STATEMENTS OF INCOME
SIX MONTHS ENDED JUNE 30, 2026
In thousandsCoeur Mining, Inc.Subsidiary Guarantors
Revenue$— $1,213,427 
Gross profit (loss)$(445)$245,213 
Net income$368,614 $124,203 
The following summarized financial information is presented to satisfy disclosure requirements of Rule 13-01 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, Coeur Capital, Inc., Sterling Intermediate Holdco, Inc., Coeur Sterling Holdings LLC, 1561611 B.C. Ltd, Coeur Silvertip Holdings Ltd., and New Gold Inc. (collectively, the “2032 Subsidiary Guarantors”) of the 2032 Senior Notes. The following schedules present summarized financial information of (a) Coeur, the parent company, and (b) the Subsidiary Guarantors (collectively, the “2032 Obligor Group”). The summarized financial information of the 2032 Obligor Group is presented on a combined basis with intercompany balances and transactions between entities in the 2032 Obligor Group eliminated. The 2032 Obligor Group’s amounts due from, amounts due to and transactions with certain wholly-owned domestic and foreign subsidiaries of the Company have been presented in separate line items, if they are material. Each of the 2032 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 2032 Subsidiary Guarantors by dividend or loan.
SUMMARIZED BALANCE SHEET
Coeur Mining, Inc.Subsidiary Guarantors
In thousandsJune 30, 2026June 30, 2026
Current assets$384,440 $996,431 
Non-current assets(1)
$8,487,248 $11,462,792 
Non-guarantor intercompany assets$4,885 $— 
Current liabilities$23,351 $295,365 
Non-current liabilities$747,643 $3,129,631 
Non-guarantor intercompany liabilities$288,014 $— 
(1) Coeur Mining, Inc.’s non-current assets include its investment in Guarantor Subsidiaries.

SUMMARIZED STATEMENTS OF INCOME
SIX MONTHS ENDED JUNE 30, 2026
In thousandsCoeur Mining, Inc.Subsidiary Guarantors
Revenue$— $1,213,427 
Gross profit (loss)$(445)$245,213 
Net income$368,614 $124,203 
The following summarized financial information is presented to satisfy disclosure requirements of Rule 13-01 of Regulation S-X resulting from the guarantee by New Gold Inc. of the New Gold 2032 Senior Notes. The following schedules present summarized financial information of New Gold Inc. In conjunction with the New Gold Transaction, Coeur completed the Exchange Offer for any and all of the New Gold 2032 Senior Notes for up to $400.0 million aggregate principal amount of 6.875% Senior Notes due 2032 to be issued by the Company and cash. The Exchange Offer expired on April 20, 2026 and the Amended New Gold Indenture became operative upon consummation of the Exchange Offer on the final settlement date on April 22, 2026. Under the Exchange Offer, of the $400.0 million aggregate principal amount of New Gold 2032 Senior Notes, $385.8 million aggregate principal amount of New Gold 2032 Senior Notes were exchanged for approximately $385.8 million aggregate principal amount of Coeur’s 2032 Senior Notes, and $14.2 million of New Gold 2032 Senior Notes remained outstanding as obligations of New Gold and governed by the Amended New Gold Indenture. Following the repurchase of $1.6 million of the outstanding New Gold 2032 Senior Notes during the second quarter, approximately $12.6 million of New Gold 2032 Senior Notes remained outstanding as at June 30, 2026. Coeur is not an obligor or guarantor of such remaining New Gold 2032 Senior Notes. See Note 8 -- Debt for additional details.
SUMMARIZED BALANCE SHEET
New Gold Inc.
In thousandsJune 30, 2026
Current assets$620,586 
Non-current assets$9,681,447 
Non-guarantor intercompany assets$— 
Current liabilities$133,879 
Non-current liabilities$2,903,988 
Non-guarantor intercompany liabilities$— 


SUMMARIZED STATEMENTS OF INCOME
SIX MONTHS ENDED JUNE 30, 2026
In thousandsNew Gold Inc.
Revenue$899,185 
Gross profit$111,246 
Net income$(83,427)