HighGravityData

Coeur Mining — Nov 6, 2024 release

Fiscal 2024 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000215466-24-000121
Open on SEC.gov ↗
Showing in the filing
Silvertip exploration investment
“$11 - $14 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
During the third quarter, Coeur invested approximately $25 million ($20 million expensed and $5 million capitalized), compared to roughly $18 million ($13 million expensed and $5 million capitalized) in the prior period. At Silvertip, exploration investment totaled approximately $9 million in the third quarter, compared to $6 million in the prior period. The Company expects to invest $11 - $14 million in exploration at Silvertip in 2024, which excludes $15 - $20 million related to underground mine development and site support costs. The objectives of the 2024 exploration program at Silvertip are to: (1) grow the known mineralized structures such as the Southern Silver zone from underground drilling focusing on along-strike and down-dip potential that has been identified; (2) drill much larger step-outs on major structures using surface drilling with a key focus on the Southern Silver, Saddle and Camp Creek zones; and (3) carry out district-scale field work to identify Silvertip lookalikes and other large structures with potential to host large ore bodies and to identify the outer limits of this large system. This three-pronged approach is progressing well with surface mapping and sampling completed during the quarter, surface drilling with two rigs were completed at the end of October and one underground drill rig continuing in November. 11 2024 Guidance Production during the third quarter was in-line with Coeur’s expectations, leading the Company to reaffirm 2024 production and cost guidance. The below exploration expense guidance excludes $15 - $20 million of underground mine
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.