Coeur Mining — Nov 6, 2024 release
Fiscal 2024 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000215466-24-000121
Showing in the filing
Kensington infill drilling capex (within capex)
“$6 - $13 million”
Period
FY2024
Measure
Company-defined measure
Source
Prose
All guidance in this release · 42
Rochester ore tons expected to be placed und… for Q4 FY2024
“approximately 7.0 - 8.0 million tons”
Rochester Q4 tons placed on stage six leach … for Q4 FY2024
“approximately 7.0 - 8.0 million tons”
Rochester tons placed under leach for Q4 FY2024
“approximately 7.0 - 8.0 million tons”
Palmarejo gold sales sold under gold stream … for FY2024
“30% - 40%”
Palmarejo full-year 2024 gold production for FY2024
“95,000 - 103,000 ounces of gold”
Palmarejo full-year 2024 silver production for FY2024
“5.9 - 6.7 million ounces of silver”
Palmarejo capital expenditures for FY2024
“$27 - $37 million”
Rochester full-year 2024 silver production for FY2024
“4.8 - 6.6 million ounces of silver”
Rochester full-year 2024 gold production for FY2024
“37,000 - 50,000 ounces of gold”
Costs Applicable to Sales — Rochester (co-pr… for FY2024
“$18.00 - $20.00”
Rochester (co-product) CAS - silver for FY2024
“$18.00 - $20.00”
Rochester CAS (silver, second half 2024) for H2 FY2024
“$18.00 - $20.00 per silver ounce”
Rochester CAS (gold, second half 2024) for H2 FY2024
“$1,500 - $1,700 per gold ounce”
Rochester capital expenditures for FY2024
“$61 - $79 million”
Kensington full-year 2024 gold production for FY2024
“92,000 - 106,000 gold ounces”
Kensington 2024 CAS per gold ounce for FY2024
“$1,525 - $1,725 per gold ounce”
Kensington capital expenditures for FY2024
“$63 - $68 million”
Kensington accelerated underground developme… for FY2024
“$33 - $39 million”
Kensington infill drilling capex (within cap… for FY2024
“$6 - $13 million”
Wharf full-year 2024 gold production for FY2024
“86,000 - 96,000 gold ounces”
Wharf capital expenditures for FY2024
“$5 - $7 million”
Exploration investment, expansion drilling (… for FY2024
“$40 - $50 million”
Total exploration investment (expansion + in… for FY2024
“$40 - $50 million for expansion drilling (classified as exploration expense) and $15 - $20 million for infill drilling (capitalized exploration)”
Exploration investment, infill drilling (cap… for FY2024
“$15 - $20 million”
Silvertip exploration investment for FY2024
“$11 - $14 million”
Silvertip underground mine development and s… for FY2024
“$15 - $20 million”
Production — Palmarejo Silver (K oz) for FY2024
“5,900 - 6,700”
Production — Rochester Silver (K oz) for FY2024
“4,800 - 6,600”
Production — Total Gold (oz) for FY2024
“310,000 - 355,000”
Production — Total Silver (K oz) for FY2024
“10,700 - 13,300”
Costs Applicable to Sales — Palmarejo (co-pr… for FY2024
“$950 - $1,150”
Palmarejo (co-product) CAS - gold for FY2024
“$950 - $1,150”
Costs Applicable to Sales — Rochester (co-pr… for FY2024
“$1,500 - $1,700”
Rochester (co-product) CAS - gold for FY2024
“$1,500 - $1,700”
Costs Applicable to Sales — Kensington Gold … for FY2024
“$1,525 - $1,725”
Costs Applicable to Sales — Wharf (by-produc… for FY2024
“$950 - $1,050”
Wharf (by-product) CAS - gold for FY2024
“$950 - $1,050”
Capital Expenditures, Sustaining for FY2024
“$124 - $158”
Capital Expenditures, Development for FY2024
“$36 - $42”
General & Administrative Expenses for FY2024
“$36 - $40”
Costs Applicable to Sales — Palmarejo (co-pr… for FY2024
“$15.50 - $16.50”
Palmarejo (co-product) CAS - silver for FY2024
“$15.50 - $16.50”
Exhibit 99.1 · the passage around this item
… earlier in the release
The first detailed structural model has been completed and is being incorporated into exploration targeting and resource modeling 8 • Overall drilling at Kensington continues to demonstrate meaningful progress toward building a reserve base to support mine life for at least the next five years Guidance • Full-year 2024 production is expected to be 92,000 - 106,000 gold ounces • CAS 1 in 2024 are expected to be $1,525 - $1,725 per gold ounce • Capital expenditures are expected to be $63 - $68 million, of which approximately $33 - $39 million and $6 - $13 million is related to accelerated rates of underground development and infill drilling, respectively, as part of the Company’s multi-year exploration program Wharf, South Dakota (Dollars in millions, except per ounce amounts) 3Q24 2Q 2024 1Q 2024 4Q 2023 3Q 2023 Ore tons placed 1,424,649 1,162,437 1,251,955 1,290,562 1,254,267 Average gold grade (oz/t) 0.046 0.032 0.021 0.027 0.023 Gold ounces produced 33,650 22,021 20,395 29,675 22,674 Silver ounces produced (000’s) 42 69 67 90 69 Gold ounces sold 34,272 20,930 20,586 29,537 23,049 Silver ounces sold (000’s) 45 65 69 86 74 Average realized price per gold ounce $2,440 $2,064 $2,026 $1,982 $1,966 Metal sales $ 85.0 $ 45.0 $ 43.3 $ 60.7 $ 47.1 Costs applicable to sales 3 $ 31.8 $ 19.1 $ 25.4 $ 32.4 $ 31.0 Adjusted CAS per AuOz 1 $ 885 $ 822 $ 1,165 $ 997 $ 1,267 Prepayment, working capital cash flow $ — $ — $ — $ — $ 2.5 Exploration expense $ 2.3 $ 1.1 $ 0.1 $ — $ — Cash flow from operating activities $ 51.6 $ 17.0 $ 11.1 $ 28.9 $ 19.5 Sustaining capital expenditures (excludes capital lease payments) $ 2.8 $ 1.2 $ 0.3 $ 1.3 $ 0.6 Development capital expenditures $
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.