Coeur Mining — Aug 5, 2026 release
Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000215466-26-000038
Showing in the filing
Total 2026 exploration investment - expansion drilling (expensed)
“$118 - $132 million”
Period
FY2026
Measure
Company-defined measure
Source
Prose
All guidance in this release · 102
Production for FY2026
“approximately 690,000 ounces of gold, 20 million ounces of silver, and 45 million pounds of copper”
Copper production for FY2026
“45 million pounds”
Adjusted EBITDA for FY2026
“$2.3 billion”
Free cash flow for FY2026
“$1.5 billion”
Year-end cash balance for FY2026
“approaching $2.0 billion”
Mining rate (New Afton C-Zone) for Q4 FY2026
“increase to 16,000 tonnes per day”
New Afton prorated gold production for FY2026
“50,000 - 60,000 ounces”
New Afton copper production for FY2026
“40 - 50”
New Afton prorated copper production for FY2026
“40 - 50 million pounds”
Total copper production for FY2026
“40 - 50”
New Afton prorated silver production for FY2026
“100,000 - 180,000 ounces”
New Afton prorated adjusted CAS per gold ounce for FY2026
“$1,300 - $1,600 per gold ounce”
New Afton prorated adjusted CAS per pound of… for FY2026
“$2.00 - $2.30 per pound of copper”
New Afton prorated capital expenditures for FY2026
“$51 - $61 million”
Prorated capital expenditures (New Afton)
“$51 - $61 million”
New Afton prorated exploration investment for FY2026
“$19 - $23 million”
Prorated exploration investment (New Afton)
“$19 - $23 million ($17 - $19 million expensed and $2 - $4 million capitalized)”
Underground production rate (Rainy River)
“ramp up to 5,000 tonnes per day”
Rainy River prorated gold production for FY2026
“190,000 - 230,000 ounces”
Rainy River prorated silver production for FY2026
“380,000 - 450,000 ounces”
Rainy River (by-product) Gold ($/oz) for FY2026
“$2,700 - $3,000”
Rainy River prorated adjusted CAS per gold o… for FY2026
“$2,700 - $3,000 per gold ounce”
Prorated adjusted CAS (Rainy River)
“$2,700 - $3,000 per gold ounce”
Rainy River prorated capital expenditures for FY2026
“$150 - $170 million”
Prorated capital expenditures (Rainy River)
“$150 - $170 million”
Rainy River prorated exploration investment for FY2026
“$8 - $10 million”
Prorated exploration investment (Rainy River)
“$8 - $10 million (substantially all expensed)”
Las Chispas full-year gold production for FY2026
“55,000 - 65,000 ounces”
Production (Las Chispas) for FY2026
“55,000 - 65,000 ounces of gold and 5.5 - 6.3 million ounces of silver”
Las Chispas full-year silver production for FY2026
“5.5 - 6.3 million ounces”
Adjusted CAS (Las Chispas) for FY2026
“$750 - $950 per gold ounce and $12.50 - $14.50 per silver ounce”
Las Chispas adjusted CAS per gold ounce for FY2026
“$750 - $950 per gold ounce”
Las Chispas adjusted CAS per silver ounce for FY2026
“$12.50 - $14.50 per silver ounce”
Capital expenditures (Las Chispas) for FY2026
“$71 - $84 million”
Exploration investment (Las Chispas) for FY2026
“$21 - $26 million ($11 - $14 million expensed and $10 - $12 million capitalized)”
Las Chispas exploration investment for FY2026
“$21 - $26 million”
Palmarejo 2026 gold sales sold under gold st… for FY2026
“approximately 40% - 50%”
Palmarejo full-year gold production for FY2026
“95,000 - 105,000 ounces”
Production (Palmarejo) for FY2026
“95,000 - 105,000 ounces of gold and 6.25 - 7.0 million ounces of silver”
Palmarejo full-year silver production for FY2026
“6.25 - 7.0 million ounces”
Adjusted CAS (Palmarejo) for FY2026
“$700 - $900 per gold ounce and $21.50 - $23.50 per silver ounce”
Palmarejo adjusted CAS per gold ounce for FY2026
“$700 - $900 per gold ounce”
Palmarejo (co-product) Silver ($/oz) for FY2026
“$21.50 - $23.50”
Palmarejo adjusted CAS per silver ounce for FY2026
“$21.50 - $23.50 per silver ounce”
Capital expenditures (Palmarejo) for FY2026
“$35 - $41 million”
Exploration investment (Palmarejo) for FY2026
“$24 - $28 million ($22 - $24 million expensed and $2 - $4 million capitalized)”
Palmarejo exploration investment for FY2026
“$24 - $28 million”
Production (Rochester) for FY2026
“6.4 - 7.8 million ounces of silver and 70,000 - 90,000 ounces of gold”
Rochester full-year silver production for FY2026
“6.4 - 7.8 million ounces”
Rochester full-year gold production for FY2026
“70,000 - 90,000 ounces”
Adjusted CAS (Rochester) for FY2026
“$23.00 - $25.00 per silver ounce and $1,350 - $1,550 per gold ounce”
Rochester (co-product) Silver ($/oz) for FY2026
“$23.00 - $25.00”
Rochester adjusted CAS per silver ounce for FY2026
“$23.00 - $25.00 per silver ounce”
Rochester adjusted CAS per gold ounce for FY2026
“$1,350 - $1,550 per gold ounce”
Capital expenditures (Rochester) for FY2026
“$96 - $110 million”
Exploration investment (Rochester) for FY2026
“$14 - $17 million ($7 - $9 million expensed and $7 - $8 million capitalized)”
Rochester exploration investment for FY2026
“$14 - $17 million”
Kensington full-year gold production for FY2026
“98,000 - 110,000 gold ounces”
Kensington adjusted CAS per gold ounce for FY2026
“$1,750 - $1,950 per gold ounce”
Capital expenditures (Kensington) for FY2026
“$54 - $63 million”
Exploration investment (Kensington) for FY2026
“$14 - $15 million ($8 - $9 million expensed and $6 - $6 million capitalized)”
Kensington exploration investment for FY2026
“$14 - $15 million”
Production (Wharf) for FY2026
“72,000 - 90,000 ounces of gold and 50,000 - 200,000 ounces of silver”
Wharf full-year gold production for FY2026
“72,000 - 90,000 ounces”
Wharf full-year silver production for FY2026
“50,000 - 200,000 ounces”
Wharf adjusted CAS per gold ounce for FY2026
“$1,400 - $1,600 per gold ounce”
Capital expenditures (Wharf) for FY2026
“$17 - $23 million”
Exploration investment (Wharf) for FY2026
“$10 - $12 million ($8 - $9 million expensed and $2 - $3 million capitalized)”
Wharf exploration investment for FY2026
“$10 - $12 million”
Total 2026 exploration investment - expansio… for FY2026
“$118 - $132 million”
Total exploration investment for FY2026
“$118 - $132 million for expansion drilling (classified as exploration expense) and $29 - $37 million for infill drilling (capitalized exploration) for a total expected investment of $147 - $169 million”
Total 2026 exploration investment - infill d… for FY2026
“$29 - $37 million”
Total 2026 exploration investment for FY2026
“$147 - $169 million”
Capital expenditure for FY2026
“$520 - $605 million”
Cash income and mining tax for FY2026
“$350 - $450 million”
Amortization for FY2026
“$1.1 - $1.2 billion”
New Afton silver production for FY2026
“100 - 180”
Rainy River silver production for FY2026
“380 - 450”
Las Chispas silver production for FY2026
“5,500 - 6,300”
Palmarejo Silver (K oz) for FY2026
“6,250 - 7,000”
Palmarejo silver production for FY2026
“6,250 - 7,000”
Rochester Silver (K oz) for FY2026
“6,400 - 7,800”
Rochester silver production for FY2026
“6,400 - 7,800”
Wharf Silver (K oz) for FY2026
“50 - 200”
Wharf silver production for FY2026
“50 - 200”
Total gold production for FY2026
“630,000 - 750,000”
Total Silver (K oz) for FY2026
“18,680 - 21,930”
Total silver production for FY2026
“18,680 - 21,930”
Las Chispas (co-product) Gold ($/oz) for FY2026
“$750 - $950”
Palmarejo (co-product) Gold ($/oz) for FY2026
“$700 - $900”
Rochester (co-product) Gold ($/oz) for FY2026
“$1,350 - $1,550”
Kensington Gold ($/oz) for FY2026
“$1,750 - $1,950”
Wharf (by-product) Gold ($/oz) for FY2026
“$1,400 - $1,600”
Capital Expenditures, Sustaining for FY2026
“$360 - $405”
Capital Expenditures, Development for FY2026
“$160 - $200”
Exploration, Expensed for FY2026
“$118 - $132”
Exploration, Capitalized for FY2026
“$29 - $37”
General & Administrative Expenses for FY2026
“$90 - $100”
Effective Tax Rate (%) for FY2026
“34% - 38%”
New Afton (co-product) Gold ($/oz) for FY2026
“$1,300 - $1,600”
Las Chispas (co-product) Silver ($/oz) for FY2026
“$12.50 - $14.50”
New Afton (co-product) Copper ($/lb) for FY2026
“$2.00 - $2.30”
Exhibit 99.1 · the passage around this item
… earlier in the release
Other targets, including Annie Creek and Summit Flat, are also expected to undergo expansion and infill drilling, while scout drilling is expected to commence to continue development of the inferred resource pipeline • Exploration investment during the second quarter totaled $5 million ($2 million expensed and $3 million capitalized) compared to $3 million (substantially all expensed) in the prior quarter, and was focused on a mix of expansion and infill drilling at Juno, North Foley, Boston and Summit Flat targets Guidance • Full-year 2026 production is expected to be 72,000 - 90,000 ounces of gold and 50,000 - 200,000 ounces of silver, which is unchanged from previous guidance range • Adjusted CAS 1 in 2026 are expected to be $1,400 - $1,600 per gold ounce, which are unchanged from previous guidance range • Capital expenditures in 2026 are expected to be $17 - $23 million, which reflects remediation of the existing crusher and planned infrastructure upgrades, which are unchanged from previous guidance range • Exploration investment in 2026 is expected to be $10 - $12 million ($8 - $9 million expensed and $2 - $3 million capitalized), which is unchanged from previous guidance range 15 Exploration During the second quarter, Coeur invested approximately $44 million ($34 million expensed and $10 million capitalized) compared to roughly $32 million ($26 million expensed and $6 million capitalized) in the prior period and focused on a mix of near-mine expansion and infill programs with multiple sites also commencing significant summer programs that involve early-stage exploration and scout drilling. The Company’s exploration investment in 2026 is expected to total $118 - $132 million for expansion drilling (classified as exploration expense) and $29 - $37 million for infill drilling (capitalized exploration) for a total expected investment of $147 - $169 million. Top exploration priorities for 2026 are: (i) continuing to extend and infill known deposits to support future life of mine, and building the inferred pipeline at Las Chispas, in addition to restarting regional exploration; (ii) infill drilling at Hidalgo and Independencia Sur to support near-term life of mine additions at Palmarejo, also building the inferred pipeline to provide optionality to the operation, with particular emphasis on the Eastern District outside the Franco-Nevada gold stream boundary; (iii) completing drilling to support the next stage of mine permit expansion at Rochester, along with regional studies and scout drilling across the district to build the exploration pipeline; (iv) maintaining a five-year reserve-based mine life at Kensington and increasing focus on scout drilling to add inferred resources; (v) continuing the expansion and infill programs at Wharf to further add to the life of mine and conduct district-scale work to support long-term mine life additions; (vi) drilling
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.