Coeur Mining (CDE) Reports Q3 Production Results

Coeur Mining, Inc. (the "Company" or "Coeur") (NYSE: CDE) today announced third quarter production of 3.5 million ounces of silver and 84,871 ounces of gold, or 8.6 million silver equivalent1 ounces. Coeur is raising its 2016 production guidance to 34.4 - 37.0 million silver equivalent1 ounces from 33.8 - 36.8 million silver equivalent1 ounces.

Third quarter production highlights for each of Coeur's operations are provided below.

• Transition to lower-tonnage, higher-grade, higher-margin underground operations is progressing on schedule with Guadalupe mining nearly 2,300 tons per day during the quarter, surpassing its target mining rate of 2,200 tons per day
• Development of Independencia remains on-track to achieve a mining rate of 1,000 tons per day by year-end
• Silver and gold production decreased as a result of the installation of a new Merrill Crowe processing circuit during the quarter. Recovery rates and grades are expected to increase in the fourth quarter
• Limited mining of the legacy underground area has extended into the fourth quarter
• Increasing full-year 2016 production guidance to 4.1 - 4.6 million silver ounces from 3.9 - 4.4 million silver ounces and 70,000 - 75,000 gold ounces from 67,000 - 72,000 gold ounces

• Silver equivalent1 production decreased 7% quarter-over-quarter due to longer-than-expected recovery time from the Stage III leach pad
• Crushing rates remained strong while tons placed moderated in the third quarter as a result of a lower portion of run-of-mine material placed
• Construction of the Stage IV leach pad expansion commenced in July 2016 and is expected to be complete in mid-2017
• Revising full-year 2016 silver production guidance to 4.5 - 5.0 million ounces from 4.8 - 5.3 million ounces and maintaining gold production guidance of 48,000 - 55,000 ounces

• Gold production decreased 18% quarter-over-quarter due to mill downtime at the end of the quarter relating to a blocked tailings line. The blockage has been cleared and the mill has resumed operations at full capacity
• Development of the Jualin decline continues to advance with initial production expected in the second half of 2017
• Raising the low-end of full-year 2016 production guidance to 120,000 - 125,000 gold ounces from 115,000 - 125,000 gold ounces

• Gold equivalent1 production remained strong during the third quarter, increasing 6% over the second quarter largely due to a 31% increase in tons placed as well as a return to higher plant recovery rates
• Increasing full-year 2016 production guidance to 95,000 - 100,000 gold ounces from 90,000 - 95,000 gold ounces

• Silver production decreased 6% quarter-over-quarter. While civil unrest in Bolivia during the quarter did not impact mining operations, it hindered shipments of purchased ore to San Bartolomé's processing facilities. This led to a lower contribution of 27% of purchased ore to total production, down from approximately one-third in the second quarter
• Revising full-year 2016 production guidance to 5.5 - 5.8 million silver ounces from 5.8 - 6.1 million silver ounces

Coeur Capital, Inc.

• Silver production received from the Company's silver stream on the Endeavor mine in Australia remained at decreased levels following a curtailment of production by the operator earlier this year due to lower lead and zinc prices
• Coeur is increasing its revised 2016 production guidance for Endeavor to 215,000 - 235,000 silver ounces from 175,000 - 200,000 silver ounces

2016 Production Outlook

Coeur's 2016 silver and gold production guidance has been revised as shown below.

Financial Results and Conference Call

Coeur will report its full operational and financial results for third quarter 2016 on October 26, 2016 after the New York Stock Exchange closes for trading. There will be a conference call on October 27, 2016 at 11:00 a.m. Eastern time.

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