SUPPLEMENTAL GUARANTOR INFORMATION

6 Months Ended

12 Months Ended

Jun. 30, 2013

Dec. 31, 2012

Text Block [Abstract]

SUPPLEMENTAL GUARANTOR INFORMATION

NOTE 21 – 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. and Coeur South America Corp. (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.

CONDENSED CONSOLIDATING BALANCE SHEET

JUNE 30, 2013

	Coeur Mining, Inc.			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
ASSETS
Current Assets
Cash and cash equivalents	$	186,881		$	723	$	61,927		$	—		$	249,531
Short term investments		—			—		—			—			—
Receivables		1,414			9,300		53,893			—			64,607
Ore on leach pad		—			28,880		—			—			28,880
Metal and other inventory		—			34,933		113,353			—			148,286
Deferred tax assets		—			—		2,620			—			2,620
Restricted Assets		—			—		660			—			660
Prepaid expenses and other		3,384			8,480		6,081			—			17,945
		191,679			82,316		238,534			—			512,529
Non-Current Assets
Property, plant and equipment, net		1,700			203,350		455,283			—			660,333
Mining properties, net		—			297,594		2,060,095			—			2,357,689
Ore on leach pad, non-current portion		—			26,861		—			—			26,861
Restricted assets		18,682			60		5,726			—			24,468
Marketable securities		16,008			—		—			—			16,008
Receivables, non-current portion		—			—		38,539			—			38,539
Debt issuance costs, net		11,890			—		—			—			11,890
Deferred tax assets		955			—		14			—			969
Net investment in subsidiaries		1,878,855			—		1,578,799			(3,457,654	)		—
Other		52,443			14,717		318,635			(368,365	)		17,430
Total Assets	$	2,172,212		$	624,898	$	4,695,625		$	(3,826,019	)	$	3,666,716
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current Liabilities
Accounts payable	$	2,379		$	16,948	$	38,119		$	—		$	57,446
Accrued liabilities and other		2,309			2,254		4,806			—			9,369
Accrued income taxes		34			—		8,628			—			8,662
Accrued payroll and related benefits		3,231			4,312		8,033			—			15,576
Accrued interest payable		10,222			4		1,033			(1,022	)		10,237
Current portion of capital leases and other debt obligations		—			2,421		307,714			(304,650	)		5,485
Current portion of royalty obligation		—			2,911		41,694			—			44,605
Current portion of reclamation and mine closure		—			—		1,068			(595	)		473
Deferred tax liability		—			—		121			—			121
		18,175			28,850		411,216			(306,267	)		151,974
Non-Current Liabilities
Long-term debt and capital leases		305,333			312		63,625			(62,692	)		306,578
Non-current portion of royalty obligation		—			19,135		67,169			—			86,304
Reclamation and mine closure		—			24,009		11,104			595			35,708
Deferred income taxes		118,743			—		592,807			—			711,550
Other long term liabilities		955			705		21,450			—			23,110
Intercompany payable (receivable)		(622,486	)		392,288		230,198			—			—
		(197,455	)		436,449		986,353			(62,097	)		1,163,250
Stockholders’ Equity
Common stock		1,016			350		120,848			(121,198	)		1,016
Additional paid-in capital		2,770,953			107,734		3,235,572			(3,343,306	)		2,770,953
Accumulated deficit		(418,926	)		51,515		(58,364	)		6,849			(418,926	)
Accumulated other comprehensive loss		(1,551	)		—		—			—			(1,551	)
Total Liabilities and Stockholders’ Equity	$	2,172,212		$	624,898	$	4,695,625		$	(3,826,019	)	$	3,666,716

Coeur Mining, Inc. and Subsidiaries

Notes to Condensed Consolidated Financial Statements (Unaudited) – (Continued)

CONDENSED 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
Short term 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
Restricted Assets		—			—		396			—			396
Prepaid expenses and other		3,395			5,947		11,448			—			20,790
Total Current Assets		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, non-current portion		—			21,356		—			—			21,356
Restricted assets		18,922			60		5,988			—			24,970
Marketable securities		27,065			—		—			—			27,065
Receivables, non-current portion		—			—		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
Current portion of capital leases and other debt obligations		48,081			3,013		309,539			(304,650	)		55,983
Current portion of royalty obligation		—			—		65,104			—			65,104
Current portion of reclamation and mine closure		—			—		1,445			(777	)		668
Deferred tax liability		—			—		121			—			121
		60,650			32,401		451,620			(306,419	)		238,252
Non-Current Liabilities
Long-term debt and capital leases		—			1,675		53,367			(51,582	)		3,460
Non-current portion of royalty obligation		—			—		141,879			—			141,879
Reclamation and mine closure		—			23,149		10,744			777			34,670
Deferred income taxes		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	)
Total Liabilities and Stockholders’ Equity	$	1,747,094		$	627,026	$	4,043,805		$	(3,196,524	)	$	3,221,401

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

THREE MONTHS ENDED JUNE 30, 2013

	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Sales of metal	$	—		$	65,754		$	138,771		$	—		$	204,525
Production costs applicable to sales		—			(53,207	)		(89,717	)		—			(142,924	)
Depreciation, depletion and amortization		(231	)		(15,589	)		(41,833	)		—			(57,653	)
Gross Profit		(231	)		(3,042	)		7,221			—			3,948
COSTS AND EXPENSES
General and administrative		12,617			1,375			1,034			—			15,026
Exploration		314			1,398			5,062			—			6,774
Litigation Settlement					32,046									32,046
Loss on impairment and other		—			—			86			—			86
Pre-development, care, maintenance, and other		—			698			275			—			973
Total costs and expenses		12,931			35,517			6,457			—			54,905
OPERATING INCOME (LOSS)		(13,162	)		(38,559	)		764			—			(50,957	)
OTHER INCOME AND EXPENSE
Fair value adjustments, net		(662	)		6,350			61,066			—			66,754
Other than temporary impairment of marketable sec.		(17,192	)		—			—			—			(17,192	)
Interest and other, net		1,309			241			(247	)		(884	)		419
Interest expense, net of capitalized interest		(6,623	)		(100	)		(5,091	)		884			(10,930	)
Total other income and expense, net		(23,168	)		6,491			55,728			—			39,051
INCOME (LOSS) BEFORE INCOME TAXES		(36,330	)		(32,068	)		56,492			—			(11,906	)
Income tax provision		(824	)		(191	)		(22,119	)		—			(23,134	)
Total income (loss) after taxes		(37,154	)		(32,259	)		34,373			—			(35,040	)
Equity income (loss) in consolidated subsidiaries		2,114			—			—			(2,114	)		—
NET INCOME (LOSS)	$	(35,040	)	$	(32,259	)	$	34,373		$	(2,114	)	$	(35,040	)

CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (LOSS)

THREE MONTHS ENDED JUNE 30, 2013

	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries		Eliminations			Consolidated
NET INCOME (LOSS)	$	(35,040	)	$	(32,259	)	$	34,373	$	(2,114	)	$	(35,040	)
OTHER COMPREHENSIVE INCOME (LOSS) net of tax:
Unrealized loss on available for sale securities, net		(7,491	)		—			—		—			(7,491	)
Reclassification adjustments for losses included in net income		17,192			—			—		—			17,192
Other comprehensive income (loss)		9,701			—			—		—			9,701
COMPREHENSIVE INCOME (LOSS)	$	(25,339	)	$	(32,259	)	$	34,373	$	(2,114	)	$	(25,339	)

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

THREE MONTHS ENDED JUNE 30, 2012

	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Sales of metal	$	—		$	55,277		$	199,129		$	—		$	254,406
Production costs applicable to sales		—			(36,857	)		(94,966	)		—			(131,823	)
Depreciation, depletion and amortization		(131	)		(11,780	)		(49,113	)		—			(61,024	)
Gross Profit		(131	)		6,640			55,050			—			61,559
COSTS AND EXPENSES
General and administrative		7,989			432			173			—			8,594
Exploration		212			1,782			4,311			—			6,305
Loss on impairment and other		—			—			4,813			—			4,813
Pre-development, care, maintenance, and other		—			276			(3	)		—			273
Total costs and expenses		8,201			2,490			9,294			—			19,985
OPERATING INCOME (LOSS)		(8,332	)		4,150			45,756			—			41,574
OTHER INCOME AND EXPENSE
Fair value adjustments, net		(254	)		2,187			14,106			—			16,039
Interest and other income, net		2,176			325			(4,495	)		(1,227	)		(3,221	)
Interest expense, net of capitalized interest		(940	)		(908	)		(6,936	)		1,227			(7,557	)
Total other income and expense, net		982			1,604			2,675			—			5,261
INCOME (LOSS) BEFORE INCOME TAXES		(7,350	)		5,754			48,431			—			46,835
Income tax benefit (provision)		(388	)		—			(23,474	)		—			(23,862	)
Total income (loss) after taxes		(7,738	)		5,754			24,957			—			22,973
Equity income (loss) in consolidated subsidiaries		30,711			—			—			(30,711	)		—
NET INCOME (LOSS)	$	22,973		$	5,754		$	24,957		$	(30,711	)	$	22,973

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)

THREE MONTHS ENDED JUNE 30, 2012

	Coeur Mining, Inc.			Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Consolidated
NET INCOME (LOSS)	$	22,973		$	5,754	$	24,957	$	(30,711	)	$	22,973
OTHER COMPREHENSIVE INCOME (LOSS) net of tax:
Unrealized loss on available for sale securities, net		(5,676	)		—		—		—			(5,676	)
Other comprehensive income (loss)		(5,676	)		—		—		—			(5,676	)
COMPREHENSIVE INCOME (LOSS)	$	17,297		$	5,754	$	24,957	$	(30,711	)	$	17,297

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

SIX MONTHS ENDED JUNE 30, 2013

	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Sales of metal	$	—		$	144,502		$	231,820		$	—		$	376,322
Production costs applicable to sales		—			(98,274	)		(133,434	)		—			(231,708	)
Depreciation, depletion, and amortization		(450	)		(31,160	)		(76,479	)		—			(108,089	)
Gross Profit		(450	)		15,068			21,907			—			36,525
COSTS AND EXPENSES
General and administrative		22,354			1,542			1,357			—			25,253
Exploration		663			2,862			10,090			—			13,615
Litigation settlement					32,046									32,046
Loss on impairment and other		—			—			205			—			205
Pre-development, care, maintenance, and other		—			698			4,760			—			5,458
Total costs and expenses		23,017			37,148			16,412			—			76,577
OPERATING INCOME (LOSS)		(23,467	)		(22,080	)		5,495			—			(40,052	)
OTHER INCOME AND EXPENSE
Fair value adjustments, net		(1,522	)		10,577			75,495			—			84,550
Other than temporary impairment of marketable sec.		(17,227	)		—			—			—			(17,227	)
Interest and other, net		2,208			475			3,316			(1,724	)		4,275
Interest expense, net of capitalized interest		(12,320	)		(364	)		(9,702	)		1,724			(20,662	)
Total other income and expense, net		(28,861	)		10,688			69,109			—			50,936
INCOME (LOSS) BEFORE INCOME TAXES		(52,328	)		(11,392	)		74,604			—			10,884
Income tax benefit (provision)		(3,310	)		(246	)		(30,098	)		—			(33,654	)
Total income (loss) after taxes		(55,638	)		(11,638	)		44,506			—			(22,770	)
Equity income (loss) in consolidated subsidiaries		32,868			—			—			(32,868	)		—
NET INCOME (LOSS)	$	(22,770	)	$	(11,638	)	$	44,506		$	(32,868	)	$	(22,770	)

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)

SIX MONTHS ENDED JUNE 30, 2013

NET INCOME (LOSS)	$	(22,770	)	$	(11,638	)	$	44,506	$	(32,868	)	$	(22,770	)
OTHER COMPREHENSIVE INCOME (LOSS) net of tax:
Unrealized loss on Available for sale securities		(11,057	)		—			—		—			(11,057	)
Reclassification adjustments for losses included in net income		17,227			—			—		—			17,227
Other comprehensive income (loss)		6,170			—			—		—			6,170
COMPREHENSIVE INCOME (LOSS)	$	(16,600	)	$	(11,638	)	$	44,506	$	(32,868	)	$	(16,600	)

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

SIX MONTHS ENDED JUNE 30, 2012

	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Sales of metal	$	—		$	84,412		$	374,558		$	—		$	458,970
Production costs applicable to sales		—			(63,513	)		(160,864	)		—			(224,377	)
Depreciation, depletion and amortization		(248	)		(20,026	)		(93,342	)		—			(113,616	)
Gross Profit		(248	)		873			120,352			—			120,977
COSTS AND EXPENSES
General and administrative		15,035			766			389			—			16,190
Exploration		818			2,941			9,113			—			12,872
Loss on impairment and other		—			—			4,813			—			4,813
Pre-development, care, maintenance, and other		—			1,303			38			—			1,341
Total costs and expenses		15,853			5,010			14,353			—			35,216
OPERATING INCOME (LOSS)		(16,101	)		(4,137	)		105,999			—			85,761
OTHER INCOME AND EXPENSE
Fair value adjustments, net		2,795			1,636			(11,505	)		—			(7,074	)
Interest and other, net		3,670			784			199			(2,867	)		1,786
Interest expense, net of capitalized interest		(1,901	)		(1,808	)		(13,385	)		2,867			(14,227	)
Total other income and expense, net		4,564			612			(24,691	)		—			(19,515	)
INCOME (LOSS) BEFORE INCOME TAXES		(11,537	)		(3,525	)		81,308			—			66,246
Income tax benefit (provision)		(3,524	)		—			(35,774	)		—			(39,298	)
Total income (loss) after taxes		(15,061	)		(3,525	)		45,534			—			26,948
Equity income (loss) in consolidated subsidiaries		42,009			—			—			(42,009	)		—
NET INCOME (LOSS)	$	26,948		$	(3,525	)	$	45,534		$	(42,009	)	$	26,948

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)

SIX MONTHS ENDED JUNE 30, 2012

	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries		Eliminations			Consolidated
NET INCOME (LOSS)	$	26,948		$	(3,525	)	$	45,534	$	(42,009	)	$	26,948
OTHER COMPREHENSIVE INCOME (LOSS) net of tax:
Unrealized loss on available for sale securities		(5,252	)		—			—		—			(5,252	)
Other comprehensive income (loss)		(5,252	)		—			—		—			(5,252	)
COMPREHENSIVE INCOME (LOSS)	$	21,696		$	(3,525	)	$	45,534	$	(42,009	)	$	21,696

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

THREE MONTHS ENDED JUNE 30, 2013

	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Cash Flows From Operating Activities
Cash provided by operating activities	$	(4,115	)	$	3,768		$	65,798		$	(2,113	)	$	63,338
Cash Flows From Investing Activities
Purchase of short term investments and marketable securities		—			(23	)		(660	)		—			(683	)
Proceeds from sales and maturities of short term investments, marketable securities		1,498			24			—			—			1,522
Capital expenditures		(129	)		(14,003	)		(13,069	)		—			(27,201	)
Acquisition of Orko Silver Corporation		(107,249	)		—			3,488			2,113			(101,648	)
Other		(18	)		205			67			—			254
Cash provided by (used in) investing activities		(105,898	)		(13,797	)		(10,174	)		2,113			(127,756	)
Cash Flows From Financing Activities
Payments on long-term debt, capital leases, and associated costs		—			(715	)		(1,142	)		—			(1,857	)
Payments on gold lease obligation		—			—			(15,480	)		—			(15,480	)
Net intercompany borrowings (repayments)		(11,666	)		11,183			483			—			—
Other		(25	)		—			—			—			(25	)
Cash provided by (used in) financing activities		(11,691	)		10,468			(16,139	)		—			(17,362	)
Increase (decrease) in cash and cash equivalents		(121,704	)		439			39,485			—			(81,780	)
Cash and cash equivalents at beginning of period		308,585			284			22,442			—			331,311
Cash and cash equivalents at end of period	$	186,881		$	723		$	61,927		$	—		$	249,531

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

THREE MONTHS ENDED JUNE 30, 2012

	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Cash Flows From Operating Activities
Cash provided by operating activities	$	26,729		$	(2,913	)	$	120,097		$	(30,710	)	$	113,203
Cash Flows From Investing Activities
Purchase of short term investments and marketable securities		(6,807	)		(24	)		—			—			(6,831	)
Proceeds from sales and maturities of short term investments, marketable securities		659			24			—			—			683
Capital expenditures		(466	)		(12,269	)		(19,503	)		—			(32,238	)
Other		1,038			—			(43	)		—			995
Investments in unconsolidated subsidiaries		(30,710	)		—			—			30,710			—
Cash provided by (used in) investing activities		(36,286	)		(12,269	)		(19,546	)		30,710			(37,391	)
Cash Flows From Financing Activities
Payments on long-term debt, capital leases, and associated costs		—			(4,702	)		(4,092	)		—			(8,794	)
Payments on gold production royalty		—			—			(19,287	)		—			(19,287	)
Net intercompany borrowings (repayments)		55,024			20,330			(75,354	)		—			—
Other		(217	)		—			—			—			(217	)
Cash provided by financing activities		54,807			15,628			(98,733	)		—			(28,298	)
Increase (decrease) in cash & cash equivalents		45,250			446			1,818			—			47,514
Cash and cash equivalents at beginning of period		79,656			91			72,136			—			151,883
Cash and cash equivalents at end of period	$	124,906		$	537		$	73,954		$	—		$	199,397

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

SIX MONTHS ENDED JUNE 30, 2013

	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Cash Flows From Operating Activities
Cash provided by operating activities	$	18,859		$	20,659		$	69,621		$	(32,867	)	$	76,272
Cash Flows From Investing Activities
Purchase of short term investments and marketable securities		(1,598	)		(39	)		(3,695	)		—			(5,332	)
Proceeds from sales and maturities of short term investments, marketable securities		2,873			38			3,433			—			6,344
Capital expenditures		(557	)		(20,629	)		(18,842	)		—			(40,028	)
Acquisition of Orko Silver Corporation		(149,568	)		—			3,487			32,867			(113,214	)
Other		(6	)		443			772			—			1,209
Cash provided by (used in) investing activities		(148,856	)		(20,187	)		(14,845	)		32,867			(151,021	)
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		(52,565	)		(1,955	)		(2,677	)		—			(57,197	)
Payments on gold production royalty		—			—			(30,929	)		—			(30,929	)
Share repurchases		(12,557	)		—			—			—			(12,557	)
Net intercompany borrowings (repayments)		(4,311	)		1,806			2,505			—			—
Other		(477	)		—			—			—			(477	)
Cash provided by (used in) financing activities		230,090			(149	)		(31,101	)		—			198,840
Increase (decrease) in cash & cash equivalents		100,093			323			23,675			—			124,091
Cash and cash equivalents at beginning of period		86,788			400			38,252			—			125,440
Cash and cash equivalents at end of period	$	186,881		$	723		$	61,927		$	—		$	249,531

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

SIX MONTHS ENDED JUNE 30, 2012

	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Cash Flows From Operating Activities
Cash provided by operating activities	$	29,931		$	(9,217	)	$	151,498		$	(42,008	)	$	130,204
Cash Flows From Investing Activities
Purchase of short term investments and marketable securities		(7,843	)		(23	)		—			—			(7,866	)
Proceeds from sales and maturities of short term investments, marketable securities		20,677			24			—			—			20,701
Capital expenditures		(559	)		(25,787	)		(37,539	)		—			(63,885	)
Other		1,666			—			(486	)		—			1,180
Investments in unconsolidated subsidiaries		(42,008	)		—			—			42,008			—
Cash used in investing activities		(28,067	)		(25,786	)		(38,025	)		42,008			(49,870	)
Cash Flows From Financing Activities
Payments on long-term debt, capital leases, and associated costs		(282	)		(6,068	)		(7,894	)		—			(14,244	)
Payments on gold production royalty		—			—			(40,660	)		—			(40,660	)
Net intercompany borrowings (repayments)		38,697			41,175			(79,872	)		—			—
Other		(1,045	)		—			—			—			(1,045	)
Cash provided by financing activities		37,370			35,107			(128,426	)		—			(55,949	)
Increase (decrease) in cash & cash equivalents		39,234			104			(14,953	)		—			24,385
Cash and cash equivalents at beginning of period		85,672			433			88,907			—			175,012
Cash and cash equivalents at end of period	$	124,906		$	537		$	73,954		$	—		$	199,397

NOTE 26 – 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. and Coeur South America Corp. (collectively, the “Subsidiary Guarantors”) of the $300 million aggregate principal amount of 7.875% Senior Notes issued by Coeur on January 29, 2013. See Note 21—Subsequent events for additional discussion. 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.

CONDENSED 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
Short term 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
Restricted Assets		—			—		396			—			396
Prepaid expenses and other		3,395			5,947		11,448			—			20,790
		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, non-current portion		—			21,356		—			—			21,356
Restricted assets		18,922			60		5,988			—			24,970
Marketable securities		27,065			—		—			—			27,065
Receivables, non-current portion		—			—		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
Current portion of debt and capital leases		48,081			3,013		309,539			(304,650	)		55,983
Current portion of royalty obligation		—			—		65,104			—			65,104
Current portion of reclamation and mine closure		—			—		1,445			(777	)		668
Deferred tax liability		—			—		121			—			121
		60,650			32,401		451,620			(306,419	)		238,252
Non-Current Liabilities
Long-term debt and capital leases		—			1,675		53,367			(51,582	)		3,460
Non-current portion of royalty obligation		—			—		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
COMMITMENTS AND CONTINGENCIES
Shareholders’ 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	)
Total Liabilities and Shareholders’ Equity	$	1,747,094		$	627,026	$	4,043,805		$	(3,196,524	)	$	3,221,401

CONDENSED CONSOLIDATING BALANCE SHEET

DECEMBER 31, 2011

	Coeur Mining, Inc.			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
ASSETS
Current Assets
Cash and cash equivalents	$	85,672		$	433	$	88,907		$	—		$	175,012
Short term investments		20,254			—		—			—			20,254
Receivables		8,697			13,251		61,549			—			83,497
Ore on leach pad		—			27,252		—			—			27,252
Metal and other inventory		—			19,302		113,479			—			132,781
Deferred tax assets		—			—		1,869			—			1,869
Restricted Assets		—			—		60			—			60
Prepaid expenses and other		3,803			7,323		13,092			—			24,218
		118,426			67,561		278,956			—			464,943
Non-Current Assets
Property, plant and equipment, net		3,420			202,311		481,945			—			687,676
Mining properties, net		—			309,287		1,691,740			—			2,001,027
Ore on leach pad, non-current portion		—			6,679		—			—			6,679
Restricted assets		18,904			4,705		5,302			—			28,911
Marketable securities		19,844			—		—			—			19,844
Receivables, non-current portion		—			—		40,314			—			40,314
Debt issuance costs, net		434			1,455		—			—			1,889
Deferred tax assets		—			—		263			—			263
Net investment in subsidiaries		1,437,711			—		1,285,863			(2,723,574	)		—
Other		35,867			6,023		318,533			(347,528	)		12,895
Total Assets	$	1,634,606		$	598,021	$	4,102,916		$	(3,071,102	)	$	3,264,441
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current Liabilities
Accounts payable	$	1,433		$	17,697	$	59,460		$	—		$	78,590
Accrued liabilities and other		3,467			3,938		5,721			—			13,126
Accrued income taxes		—			—		47,803			—			47,803
Accrued payroll and related benefits		7,125			5,470		3,645			—			16,240
Accrued interest payable		461			16		1,043			(961	)		559
Current portion of debt and capital leases		—			19,418		313,184			(300,000	)		32,602
Current portion of royalty obligation		—			—		61,721			—			61,721
Current portion of reclamation and mine closure		—			—		7			1,380			1,387
Deferred tax liability		—			—		53			—			53
		12,486			46,539		492,637			(299,581	)		252,081
Non-Current Liabilities
Long-term debt and capital leases		45,544			65,082		51,801			(46,566	)		115,861
Non-current portion of royalty obligation		—			—		169,788			—			169,788
Reclamation and mine closure		—			21,591		12,162			(1,382	)		32,371
Deferred tax liabilities		110,195			—		417,378			—			527,573
Other long term liabilities		2,274			18,698		9,074			—			30,046
Intercompany payable (receivable)		(672,614	)		304,089		368,525			—			—
		(514,601	)		409,460		1,028,728			(47,948	)		875,639
COMMITMENTS AND CONTINGENCIES
Shareholders’ Equity
Common stock		897			350		7,301			(7,651	)		897
Additional paid-in capital		2,585,632			102,316		2,692,055			(2,794,371	)		2,585,632
Accumulated deficit		(444,833	)		39,356		(117,805	)		78,449			(444,833	)
Accumulated other comprehensive loss		(4,975	)		—		—			—			(4,975	)
Total Liabilities and Shareholders’ Equity	$	1,634,606		$	598,021	$	4,102,916		$	(3,071,102	)	$	3,264,441

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

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		—			(161,346	)		(295,411	)		—			(456,757	)
Depreciation, depletion, and amortization		(521	)		(49,750	)		(168,586	)		—			(218,857	)
Gross Profit		(521	)		32,284			188,115			—			219,878
COSTS AND EXPENSES
Administrative and general		30,699			1,101			1,177			—			32,977
Exploration		1,946			7,930			16,394			—			26,270
Loss on impairment		—			—			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		(33,166	)		23,615			163,096			—			153,545
OTHER INCOME AND EXPENSE, NET
Loss on debt extinguishments		—			(1,036	)		—			—			(1,036	)
Fair value adjustments, net		3,477			4,089			(31,053	)		—			(23,487	)
Interest and other income, net		5,135			861			13,073			(4,633	)		14,436
Interest expense, net of capitalized interest		(4,158	)		(2,997	)		(23,647	)		4,633			(26,169	)
Total other income and expense, net		4,454			917			(41,627	)		—			(36,256	)
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE TAXES		(28,712	)		24,532			121,469			—			117,289
Income (provision) tax benefit		(3,844	)		(735	)		(64,033	)		—			(68,612	)
Total income (loss) from continuing operations		(32,556	)		23,797			57,436			—			48,677
Equity income (loss) in consolidated subsidiaries		81,229			—			—			(81,229	)		—
NET INCOME (LOSS)	$	48,673		$	23,797		$	57,436		$	(81,229	)	$	48,677

CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

YEAR ENDED DECEMBER 31, 2012

	Coeur Mining, Inc.			Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Consolidated
NET INCOME (LOSS)	$	48,673		$	23,797	$	57,436	$	(81,229	)	$	48,677
OTHER COMPREHENSIVE INCOME (LOSS) net of tax:
Unrealized loss on available for sale securities, net		(2,746	)		—		—		—			(2,746	)
Other comprehensive income (loss)		(2,746	)		—		—		—			(2,746	)
COMPREHENSIVE INCOME (LOSS)	$	45,927		$	23,797	$	57,436	$	(81,229	)	$	45,931

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

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		—			(129,929	)		(290,027	)		—			(419,956	)
Depreciation, depletion, and amortization		(450	)		(38,670	)		(185,380	)		—			(224,500	)
Gross Profit		(450	)		39,918			337,276			—			376,744
COSTS AND EXPENSES
Administrative and general		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		(30,361	)		15,916			321,241			—			306,796
OTHER INCOME AND EXPENSE, NET
Loss on debt extinguishments		(5,526	)		—			—			—			(5,526	)
Fair value adjustments, net		(3,566	)		(8,438	)		(40,046	)		—			(52,050	)
Interest and other income, 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) FROM CONTINUING OPERATIONS BEFORE TAXES		(36,910	)		3,738			241,008			—			207,836
Income tax (provision) benefit		(20,904	)		(31	)		(93,402	)		—			(114,337	)
Total income (loss) from continuing operations		(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

Coeur d’Alene Mines Corporation and Subsidiaries

Notes to Consolidated Financial Statements – (Continued)

CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

YEAR ENDED DECEMBER 31, 2011

	Coeur Mining, Inc.			Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Consolidated
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, net		(4,975	)		—		—		—			(4,975	)
Other comprehensive income (loss)		(4,975	)		—		—		—			(4,975	)
COMPREHENSIVE INCOME (LOSS)	$	88,524		$	3,707	$	147,606	$	(151,313	)	$	88,524

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

YEAR ENDED DECEMBER 31, 2010

	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Sales of metal	$	—		$	77,951		$	437,506		$	—		$	515,457
Production costs applicable to sales		—			(38,803	)		(218,833	)		—			(257,636	)
Depreciation, depletion, and amortization		(500	)		(19,448	)		(121,671	)		—			(141,619	)
Gross Profit		(500	)		19,700			97,002			—			116,202
COSTS AND EXPENSES
Administrative and general		23,138			112			926			—			24,176
Exploration		2,019			1,249			10,981			—			14,249
Pre-development, care, maintenance, and other		—			2,000			877			—			2,877
Total costs and expenses		25,157			3,361			12,784			—			41,302
OPERATING INCOME		(25,657	)		16,339			84,218			—			74,900
OTHER INCOME AND EXPENSE
Loss on debt extinguishments		(20,300	)		—			—			—			(20,300	)
Fair value adjustments, net		(4,605	)		(13,783	)		(98,706	)		—			(117,094	)
Interest and other income, net		10,577			1,216			(906	)		(10,116	)		771
Interest expense, net of capitalized interest		(7,368	)		(1,591	)		(32,444	)		10,461			(30,942	)
Total other income and expense, net		(21,696	)		(14,158	)		(132,056	)		345			(167,565	)
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE TAXES		(47,353	)		2,181			(47,838	)		345			(92,665	)
Income tax benefit (provision)		16,367			(8	)		(6,878	)		—			9,481
Income (Loss) from continuing operations		(30,986	)		2,173			(54,716	)		345			(83,184	)
Loss from discontinued operations		—			—			(5,684	)		(345	)		(6,029	)
Loss on sale of net assets of discontinued operations		(2,090	)		(5	)		—			—			(2,095	)
Total income (loss) from continuing operations		(33,076	)		2,168			(60,400	)		—			(91,308	)
Equity income (loss) in consolidated subsidiaries		(58,232	)		—			—			58,232			—
NET INCOME (LOSS)	$	(91,308	)	$	2,168		$	(60,400	)	$	58,232		$	(91,308	)

CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

YEAR ENDED DECEMBER 31, 2010

	Coeur Mining, Inc.			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations		Consolidated
NET INCOME (LOSS)	$	(91,308	)	$	2,168	$	(60,400	)	$	58,232	$	(91,308	)
OTHER COMPREHENSIVE INCOME (LOSS) net of tax:
Unrealized loss on available for sale securities, net		(5	)		—		—			—		(5	)
Other comprehensive income (loss)		(5	)		—		—			—		(5	)
COMPREHENSIVE INCOME (LOSS)	$	(91,313	)	$	2,168	$	(60,400	)	$	58,232	$	(91,313	)

CONDENSED 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
Capital expenditures		(1,531	)		(48,788	)		(65,322	)		—			(115,641	)
Acquisition of Joaquin mineral interests		(29,338	)		—			41			—			(29,297	)
Purchase of short term investments and marketable securities		(12,913	)		(46	)		—			—			(12,959	)
Proceeds from sales and maturities of short term investments, marketable securities		21,590			45			60			—			21,695
Other		3,538			130			(581	)		—			3,087
Investments in unconsolidated subsidiaries		(81,229	)		—			—			81,229			—
Cash 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 (additions to) restricted assets associated with the Kensington Term Facility		—			4,645			—			—			4,645
Share repurchases		(19,971	)		—			—			—			(19,971	)
Net intercompany borrowings (repayments)		67,082			86,394			(153,476	)		—			—
Other		(861	)		—			—			—			(861	)
Cash provided by financing activities		42,245			11,200			(241,536	)		—			(188,091	)
Increase (decrease) in cash & 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

CONDENSED 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
Capital expenditures		(567	)		(61,288	)		(58,133	)		—			(119,988	)
Purchase of short term investments and marketable securities		(49,321	)		(60	)		(120	)		—			(49,501	)
Proceeds from sales and maturities of short term investments, marketable securities		6,138			48			60			—			6,246
Other		1,216			903			163			—			2,282
Investments in unconsolidated subsidiaries		(151,313	)		—			—			151,313			—
Cash used in investing activities		(193,847	)		(60,397	)		(58,030	)		151,313			(160,961	)
Cash Flows From Financing Activities
Proceeds from bank borrowings		—			27,500			—			—			27,500
Payments on long-term debt, capital leases, and associated costs		(37,983	)		(30,493	)		(17,043	)		—			(85,519	)
Payments on gold production royalty		—			—			(73,191	)		—			(73,191	)
(Additions) reductions to funds held financing		—			(1,326	)		—			—			(1,326	)
Payments on gold lease facility		(13,800	)		—			—			—			(13,800	)
Net intercompany borrowings (repayments)		163,224			26,239			(189,463	)		—			—
Other		18			—			—			—			18
Cash provided by financing activities		111,459			21,920			(279,697	)		—			(146,318	)
Increase (decrease) in cash & 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

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

YEAR ENDED DECEMBER 31, 2010

	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Cash Flows From Operating Activities
Cash provided by operating activities	$	(73,501	)	$	13,770		$	167,062		$	58,232		$	165,563
Cash Flows From Investing Activities
Capital expenditures		(421	)		(95,086	)		(60,487	)		—			(155,994	)
Purchase of short term investments and marketable securities		(5,847	)		(25	)		—			—			(5,872	)
Proceeds from sales and maturities of short term investments, marketable securities		14,232			25			9,987			—			24,244
Proceeds from (payment for) other assets		15,038			630			(9,741	)		—			5,927
Investments in unconsolidated subsidiaries		58,232			—			—			(58,232	)		—
Discontinued operations
Cash used in investing activities		81,234			(94,456	)		(60,241	)		(58,232	)		(131,695	)
Cash Flows From Financing Activities
Proceeds from issuance of notes and bank borrowings		100,000			58,766			17,400			—			176,166
Payments on long-term debt, capital leases, and associated costs		(68,772	)		(3,765	)		(34,290	)		—			(106,827	)
Payments on gold production royalty		—			—			(43,125	)		—			(43,125	)
Proceeds from gold lease facility		18,445			—			—			—			18,445
Payments on gold lease facility		(37,977	)		—			—			—			(37,977	)
Proceeds from sale-leaseback transactions		—			—			4,853			—			4,853
Reductions of (additions to) restricted assets associated with the Kensington Term Facility		—			(2,353	)		—			—			(2,353	)
Net intercompany borrowings (repayments)		12,863			28,552			(41,415	)		—			—
Other		286			—			—			—			286
Cash Provided by Financing Activities		24,845			81,200			(96,577	)		—			9,468
Increase (decrease) in cash & cash equivalents		32,578			514			10,244			—			43,336
Cash and cash equivalents at beginning of period		3,164			244			19,374			—			22,782
Cash and cash equivalents at end of period	$	35,742		$	758		$	29,618		$	—		$	66,118