Reconciliation of Non-U.S. GAAP Costs Applicable to Sales per AgEq oz

  Silver Gold  
(dollars in thousands except per ounce costs) Palmarejo Rochester San Bartolomé Endeavor Total Kensington Total
Costs applicable to sales, including amortization (U.S. GAAP) $256,707 $112,252 $109,082 $8,514 $486,555 $148,961 $635,516
Amortization 69,431 20,790 19,423 4,308 113,952 43,619 157,571
Costs applicable to sales 187,276 91,462 89,659 4,206 372,603 105,342 477,945
Silver equivalent ounces sold 12,161,719 6,309,912 6,275,769 586,242 25,333,642 --  
Gold ounces sold -- -- -- -- -- 110,822  
Costs applicable to sales per ounce $15.40 $14.49 $14.29 $7.17 $14.71 $951  
Inventory adjustment -0.96 -0.18 -0.28 -- -0.53 -11  
Adjusted costs applicable to sales per ounce $14.44 $14.31 $14.01 $7.17 $14.18 $940  

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Coeur Mining, Inc.
104 S. Michigan Avenue, Suite 900 Chicago, Illinois, 60603 - (312) 489-5800