Coeur Mining : RBC Capital Markets Global Mining & Materials Conference Presentation
CDE
Published on 06/12/2025 at 06:12
RBC Capital Markets Global Mining & Materials Conference
June 2025
NYSE: CDE
Headquartered in Chicago, IL, Coeur Mining (NYSE: CDE) is a growing, multi-asset precious metals producer with a focus on generating sustainable, high-quality cash flow from its North American asset base
U.S. organic growth offers unique near-term catalyst
Silvertip
Kensington
Wharf
Rochester
Corporate Office
Las Chispas
Palmarejo
Operating Mine
Exploration Project
2025E1 Revenue Mix
~57%
~43%
Ag
~33%
Au
~67%
NYSE: CDE
Based on midpoint of guidance as published by Coeur on May 7, 2025. Based on spot price of $2,900 per ounce of gold and $32.00 per ounce of silver.
NYSE: CDE 3
Silver and Silver Equivalent Grade1
(g/t)
520
395
343
328
327
378
366
270
355
399
299
254
260
276
234
253
248
217
172
192
154
152
124
127
965
867
784
712
539
574
407
380
350
502
690
442
598
588
639
444
398
223
270
283
Las Chispas
Saucito Greens Creek
La Colorada
San Julian
San Dimas
Fresnillo Juanicipio CLG Puna Palmarejo
2023 Actual Silver Cost & Margin2,3
($/oz & %)
$22.47
67%
$16.49
54%
$15.09
$15.93
$16.07
$13.64
$12.11
$12.51
$10.76
$7.73
50%
46%
42%
38%
32%
33%
28%
2%
Las Chispas
Greens Creek
CLG
San Dimas
San Julian
Palmarejo
Saucito
Fresnillo
Puna
La Colorada
NYSE: CDE
Source: Public disclosures, SilverCrest disclosure.
Note: All figures in U.S. dollars unless denoted otherwise.
Silver equivalent calculated based on longer term Street consensus pricing of US$2,022/oz Au and US$25.98/oz Ag.
Excludes Juanicipio due to 2023 being a ramp-up year.
Silver CAS shown where available, silver equivalent cash cost shown otherwise (equivalent calculation and margin based on average realized silver prices in 2023).
NYSE: CDE 4
Rochester is one of the largest operations of its kind in the world and is America's largest source of domestically produced and refined silver. 2025 represents the first full year post-expansion with significant expected production increases, materially lower expected costs, and a substantially larger reserve base
18 %
20 %
193
191
180
1.3
1.2
161
1.2
1.1
Production and Cost Profile Proven and Probable Reserves3
$2,268
$1,691
$1,922
$1,663
$1,250 - $1,450
$23.57 $25.74 $23.97
$20.07 $14.50 - $16.50
7.0 - 8.3
4.4
60 - 75
3.2
3.1
3.4
27
35
39
39
2021 2022 2023 2024 2025E1
2021 2022 2023 2024
Costs Per Ton
Adj. CAS per AgOz2 Adj. CAS per AuOz2
Gold (M oz)
Silver (M oz)
($)
2021
2022
2023
2024
2025E6
Y-o-Y %
Mining costs per ton mined
$2.64
$2.55
$2.89
$2.57
$1.50 - $1.75
(37%)
Processing costs per ton processed4
$4.62
$4.82
$6.61
$3.82
$2.75 - $3.25
(21%)
G&A per ton processed5
$1.35
$1.30
$1.85
$1.38
$1.00 - $1.25
(18%)
NYSE: CDE
Guidance as published by Coeur on May 7, 2025.
See applicable non-GAAP reconciliation tables in the appendix to this presentation.
See slides in appendix for additional information related to mineral reserves and resources.
Excludes third-party refining charges.
Excludes management fee allocated from corporate.
Estimates based upon range of 28 - 32 million tons mined and processed in 2025.
Based on midpoint of 2025E ranges.
NYSE: CDE 5
Disclaimer
Coeur Mining Inc. published this content on June 12, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on June 12, 2025 at 10:11 UTC.