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Coeur Reports Strong Second Quarter Production Results And Reaffirms Full-Year Production Guidance

Coeur Mining, Inc. (the “Company” or “Coeur”) (NYSE: CDE) (TSX: CDM) announced it produced 4.6 million ounces of silver and 60,757 ounces of gold during the second quarter of 2013. These production levels represent increases of 21% for silver and 7% for gold compared to the first quarter. Palmarejo's silver and gold production increased 24% and 23%, respectively, over the first quarter of 2013.

The Company also reaffirmed its full-year 2013 consolidated production guidance of 18.0-19.5 million ounces of silver and 250,000-265,000 ounces of gold.

Coeur will report its full second quarter operating and financial results on August 8, 2013.

Table 1: Operational Highlights: Production

(silver ounces in thousands)       2Q 2013       1Q 2013      

Quarter

Variance

        Silver       Gold       Silver       Gold       Silver       Gold  
Palmarejo 2,045       28,191       1,646       22,965       24 %     23 %
San Bartolomé 1,523 1,391 9 % n.a.
Rochester 844 9,404 648 8,742 30 % 8 %
Kensington 23,162 25,206 n.a. (8 %)
Endeavor       221             150             47 %     n.a.
Total       4,633       60,757       3,835       56,913       21 %     7 %
 

2013 Outlook

The Company's 2013 production guidance remains unchanged. Coeur anticipates higher than planned silver production from San Bartolomé and higher than planned gold production from Palmarejo to offset lower than planned silver and gold production from Rochester.

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