2013 Q2 Form 8-K Financial Statement

#000119312513365644 Filed on September 13, 2013

View on sec.gov

Income Statement

Concept 2013 Q2 2012 Q3 2012 Q2
Revenue $204.5M $230.6M $254.4M
YoY Change -19.61% -32.88% 10.09%
Cost Of Revenue $142.4M $124.4M $131.2M
YoY Change 8.54% -11.96% 70.14%
Gross Profit $3.948M $52.78M $61.56M
YoY Change -93.59% -63.26% -36.11%
Gross Profit Margin 1.93% 22.89% 24.2%
Selling, General & Admin $16.80M $10.50M $8.900M
YoY Change 88.76% -8.7% -31.01%
% of Gross Profit 425.53% 19.89% 14.46%
Research & Development $6.800M $7.000M $6.300M
YoY Change 7.94% 45.83% 53.66%
% of Gross Profit 172.24% 13.26% 10.23%
Depreciation & Amortization $56.89M $52.84M $61.02M
YoY Change -6.77% -9.9% 5.87%
% of Gross Profit 1441.08% 100.12% 99.13%
Operating Expenses $254.9M $18.79M $19.99M
YoY Change 1175.67% 15.44% 17.5%
Operating Profit -$50.96M $33.99M $41.57M
YoY Change -222.57% -73.32% -47.6%
Interest Expense $10.93M $7.351M $7.557M
YoY Change 44.63% -7.88% -18.46%
% of Operating Profit 21.63% 18.18%
Other Income/Expense, Net $39.05M -$32.34M $5.261M
YoY Change 642.27% -52.95% -127.22%
Pretax Income -$11.37M $1.654M $46.84M
YoY Change -124.27% -97.18% -21.96%
Income Tax $23.67M $17.48M $23.86M
% Of Pretax Income 1056.53% 50.95%
Net Earnings -$35.04M -$15.82M $22.97M
YoY Change -252.53% -150.94% -40.5%
Net Earnings / Revenue -17.13% -6.86% 9.03%
Basic Earnings Per Share -$0.35 -$0.18 $0.26
Diluted Earnings Per Share -$0.35 -$0.18 $0.26
COMMON SHARES
Basic Shares Outstanding 99.83M shares 89.43M shares 89.63M shares
Diluted Shares Outstanding 99.83M shares 89.43M shares 89.73M shares

Balance Sheet

Concept 2013 Q2 2012 Q3 2012 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $249.5M $143.6M $200.3M
YoY Change 24.58% -31.31% 86.68%
Cash & Equivalents $249.5M $142.9M $199.4M
Short-Term Investments $0.00 $657.0K $907.0K
Other Short-Term Assets $17.95M $25.46M $22.18M
YoY Change -19.11% -26.63% 13.18%
Inventory $148.3M $156.1M $145.1M
Prepaid Expenses
Receivables $64.61M $70.96M $70.44M
Other Receivables $54.90M $58.70M $60.90M
Total Short-Term Assets $512.5M $429.0M $471.2M
YoY Change 8.77% -5.51% 31.91%
LONG-TERM ASSETS
Property, Plant & Equipment $660.3M $691.2M $693.0M
YoY Change -4.72% -74.45% -74.56%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $16.00M $31.20M $21.20M
YoY Change -24.53% 124.46% 132.97%
Other Assets $17.43M $12.62M $12.40M
YoY Change 40.55% -77.55% -78.43%
Total Long-Term Assets $3.154B $2.751B $2.762B
YoY Change 14.19% -2.33% -2.45%
TOTAL ASSETS
Total Short-Term Assets $512.5M $429.0M $471.2M
Total Long-Term Assets $3.154B $2.751B $2.762B
Total Assets $3.667B $3.180B $3.234B
YoY Change 13.4% -2.77% 1.4%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $57.45M $68.71M $66.99M
YoY Change -14.25% -8.14% 1.19%
Accrued Expenses $35.20M $30.20M $27.90M
YoY Change 26.16% -5.03% 8.56%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $5.500M $56.30M $82.70M
YoY Change -93.35% 9.11% 48.21%
Total Short-Term Liabilities $152.0M $257.3M $269.6M
YoY Change -43.64% -6.92% 13.01%
LONG-TERM LIABILITIES
Long-Term Debt $306.6M $5.100M $54.00M
YoY Change 467.78% -95.9% -60.09%
Other Long-Term Liabilities $23.11M $37.89M $23.09M
YoY Change 0.08% -85.32% -90.2%
Total Long-Term Liabilities $1.163B $779.9M $803.2M
YoY Change 44.83% 103.83% 116.54%
TOTAL LIABILITIES
Total Short-Term Liabilities $152.0M $257.3M $269.6M
Total Long-Term Liabilities $1.163B $779.9M $803.2M
Total Liabilities $1.315B $1.037B $1.073B
YoY Change 22.6% -9.51% -1.88%
SHAREHOLDERS EQUITY
Retained Earnings -$418.9M -$433.7M -$417.9M
YoY Change 0.25%
Common Stock $2.772B $2.581B $2.589B
YoY Change 7.07%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.351B $2.143B $2.161B
YoY Change
Total Liabilities & Shareholders Equity $3.667B $3.180B $3.234B
YoY Change 13.4% -2.77% 1.4%

Cashflow Statement

Concept 2013 Q2 2012 Q3 2012 Q2
OPERATING ACTIVITIES
Net Income -$35.04M -$15.82M $22.97M
YoY Change -252.53% -150.94% -40.5%
Depreciation, Depletion And Amortization $56.89M $52.84M $61.02M
YoY Change -6.77% -9.9% 5.87%
Cash From Operating Activities $63.34M $79.74M $113.2M
YoY Change -44.05% -56.17% 1.92%
INVESTING ACTIVITIES
Capital Expenditures -$27.20M -$30.00M -$32.30M
YoY Change -15.79% -21.26% 25.19%
Acquisitions $101.6M $0.00 $0.00
YoY Change
Other Investing Activities -$100.6M -$3.300M -$5.200M
YoY Change 1834.62% -52.17% -40.91%
Cash From Investing Activities -$127.8M -$33.25M -$37.39M
YoY Change 241.68% -26.13% 8.23%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00 $9.971M $0.00
YoY Change
Debt Paid & Issued, Net $68.60M
YoY Change
Cash From Financing Activities -$17.36M -$103.0M -28.30M
YoY Change -38.65% 187.23% -17.05%
NET CHANGE
Cash From Operating Activities $63.34M $79.74M $113.2M
Cash From Investing Activities -$127.8M -$33.25M -37.39M
Cash From Financing Activities -$17.36M -$103.0M -28.30M
Net Change In Cash -$81.78M -$56.48M $47.51M
YoY Change -272.12% -155.89% 12.05%
FREE CASH FLOW
Cash From Operating Activities $63.34M $79.74M $113.2M
Capital Expenditures -$27.20M -$30.00M -$32.30M
Free Cash Flow $90.54M $109.7M $145.5M
YoY Change -37.78% -50.12% 6.31%

Facts In Submission

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CY2011Q4 cde Entity Wide Disclosure On Geographic Areas Long Lived Assets In Entitys Country Of Domicile And Foreign Countries
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CY2011Q4 cde Ore On Leach Pad Current
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CY2012Q4 cde Alternative Minimum Tax Credits Carryforwards
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CY2012Q4 cde Change In Realized Revenues Due To Change In One Dollar Per Ounce Of Gold Price
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CY2012Q4 cde Change In Realized Revenues Due To Change In One Cent Per Ounce Of Silver Price
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CY2012Q4 cde Current Portion Of Royalty Obligation
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CY2012Q4 cde Cumulative Amount Of Temporary Differences Related To Investments In Foreign Subsidiaries
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170000000
CY2012Q4 cde Deferred Tax Assets Unrealized Foreign Currency Loss And Other
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1590000
CY2012Q4 cde Derivative Average Gold Price In Excess Of Minimum Contractual Deduction Rate
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400
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461742000
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42221000
CY2012Q4 cde Derivative Average Forward Contract Exchange Rate
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13.11 pure
CY2012Q4 cde Drilling And Related Costs
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13900000
CY2012Q4 cde Entity Wide Disclosure On Geographic Areas Long Lived Assets In Entitys Country Of Domicile And Foreign Countries
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CY2012Q4 cde Fair Value Of Gold And Silver Including Embedded Derivative
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34100000
CY2012Q4 cde Further Payment Made On Number Of Additional Ounces Of Gold
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197352 oz
CY2012Q4 cde Foreign Tax Credits Carryforwards
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19680000
CY2012Q4 cde Mineral Interest Accumulated Depletion
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257758000
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1564735000
CY2012Q4 cde Mineral Interest
MineralInterest
1822493000
CY2012Q4 cde Mining Properties
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1991951000
CY2012Q4 cde Noncurrent Portion Of Royalty Obligation
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141879000
CY2012Q4 cde Non Producing And Developmental Properties
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142000
CY2012Q4 cde Operational Mining Properties Gross
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686052000
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427074000
CY2012Q4 cde Ore On Leach Pad Current
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22991000
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21300000
CY2012Q4 cde Ore On Leach Pad Non Current Portion
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21356000
CY2012Q4 cde Operational Mining Properties Accumulated Depletion
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258978000
CY2012Q4 cde Outstanding Provisionally Priced Sales
OutstandingProvisionallyPricedSales
33200000
CY2012Q4 cde Outstanding Provisionally Priced Sales Consists Of Gold
OutstandingProvisionallyPricedSalesConsistsOfGold
11957 oz
CY2012Q4 cde Outstanding Provisionally Priced Sales Consists Of Silver
OutstandingProvisionallyPricedSalesConsistsOfSilver
400000 oz
CY2012Q4 cde Payment Of Royalty On Ounces Of Gold
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202648 oz
CY2012Q4 cde Percentage Of Labor Force Covered By Collective Bargaining Agreements
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0.100 pure
CY2012Q4 cde Property Plant And Equipment Net Before Construction In Progress
PropertyPlantAndEquipmentNetBeforeConstructionInProgress
665557000
CY2012Q4 cde Ratio Of Adjusted Earnings Before Interest Taxes Depreciation And Amortization To Interest Expense
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3.00 pure
CY2012Q4 cde Ratio Of Indebtedness To Earnings Before Interest Taxes Depreciation And Amortization
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3.25 pure
CY2012Q4 cde Remaining Minimum Obligationunder Royalty Agreements Current
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24000000
CY2012Q4 cde Reported Ore On Leach Pads Assets
ReportedOreOnLeachPadsAssets
44300000
CY2012Q4 cde Remaining Minimum Obligation Under Royalty Agreements
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61900000
CY2012Q4 cde Royalty Agreement Period
RoyaltyAgreementPeriod
P8Y
CY2012Q4 cde Share Based Compensation Arrangement By Share Based Payment Award Sars Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardSarsOutstandingNumber
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dei Trading Symbol
TradingSymbol
CDE
dei Entity Registrant Name
EntityRegistrantName
COEUR MINING, INC.
dei Amendment Flag
AmendmentFlag
false
dei Document Type
DocumentType
8-K
dei Document Period End Date
DocumentPeriodEndDate
2013-06-30
dei Entity Central Index Key
EntityCentralIndexKey
0000215466
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CY2010 us-gaap Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
-24244000
CY2010 us-gaap Income Taxes Paid Net
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9998000
CY2010 us-gaap Gross Profit
GrossProfit
116202000
CY2010 us-gaap Payments To Acquire Mineral Rights
PaymentsToAcquireMineralRights
0
CY2010 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-37628000
CY2010 us-gaap Amortization Of Debt Discount Premium
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4047000
CY2010 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
40000
CY2010 us-gaap Net Income Loss
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CY2010 us-gaap Nonoperating Income Expense
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CY2010 us-gaap Income Tax Reconciliation Other Adjustments
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-829000
CY2010 us-gaap Interest Paid Net
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12676000
CY2010 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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9861000
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
4089 shares
CY2010 us-gaap Proceeds From Convertible Debt
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176166000
CY2010 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-9481000
CY2010 us-gaap Income Loss From Continuing Operations Per Diluted Share
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CY2010 us-gaap Capital Lease Obligations Incurred
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23437000
CY2010 us-gaap Interest Expense
InterestExpense
30942000
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
15.30
CY2010 cde Depreciation And Depletion
DepreciationAndDepletion
143813000
CY2010 cde Income Tax Reconciliation Foreign Withholding Taxes
IncomeTaxReconciliationForeignWithholdingTaxes
2986000
CY2010 cde Accretion Expense On Royalty Obligation Discount
AccretionExpenseOnRoyaltyObligationDiscount
20500000
CY2010 cde Accretion Of Royalty Obligation
AccretionOfRoyaltyObligation
20502000
CY2010 cde Accretion Of Debt Discount
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2543000
CY2010 cde Additions To Restricted Assets
AdditionsToRestrictedAssets
2353000
CY2010 cde Approximate Percentage Of Sales Of Silver Concentrates To Third Party Smelters Related To Metal Sales
ApproximatePercentageOfSalesOfSilverConcentratesToThirdPartySmeltersRelatedToMetalSales
0.17 pure
CY2010 cde Approximate Percentage Of Sales Of Metals To Counterparties Companies Related To Metal Sales
ApproximatePercentageOfSalesOfMetalsToCounterpartiesCompaniesRelatedToMetalSales
0.83 pure
CY2010 cde Common Stock Issued For Payment Of Principal Interest And Financing Fees
CommonStockIssuedForPaymentOfPrincipalInterestAndFinancingFees
20006000
CY2010 cde Common Stock Issued To Extinguish Debt
CommonStockIssuedToExtinguishDebt
113434000
CY2010 cde Common Stock Cancelled Under Long Term Incentive Plans Net
CommonStockCancelledUnderLongTermIncentivePlansNet
594000
CY2010 cde Fair Value Adjustments Net
FairValueAdjustmentsNet
-115458000
CY2010 cde Income Tax Reconciliation Domestic And Foreign Nondeductible Expenses
IncomeTaxReconciliationDomesticAndForeignNondeductibleExpenses
9052000
CY2010 cde Income Tax Reconciliation Foreign Exchange Rates
IncomeTaxReconciliationForeignExchangeRates
7066000
CY2010 cde Income Tax Reconciliation Foreign Inflation And Indexing
IncomeTaxReconciliationForeignInflationAndIndexing
3352000
CY2010 cde Income Tax Reconciliation Percentage Depletion And Related Deductions
IncomeTaxReconciliationPercentageDepletionAndRelatedDeductions
-3093000
CY2010 cde Income Tax Reconciliation Nondeductible Imputed Interest
IncomeTaxReconciliationNondeductibleImputedInterest
1718000
CY2010 cde Increase Decrease In Receivables And Other Current Assets
IncreaseDecreaseInReceivablesAndOtherCurrentAssets
6228000
CY2010 cde Non Cash Interest Paid With Stock
NonCashInterestPaidWithStock
1756000
CY2010 cde Non Cash Capitalized Interest
NonCashCapitalizedInterest
3778000
CY2010 cde Pre Development
PreDevelopment
2877000
CY2010 cde Payments On Gold Lease Facility
PaymentsOnGoldLeaseFacility
37977000
CY2010 cde Proceeds From Gold Lease Facility
ProceedsFromGoldLeaseFacility
18445000
CY2010 cde Proceeds From Discontinued Operations Sale Of Assets And Other
ProceedsFromDiscontinuedOperationsSaleOfAssetsAndOther
5927000
CY2010 cde Share Based Compensation Arrangement By Share Based Payment Award Option Exercises In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionExercisesInPeriodWeightedAverageGrantDateFairValue
9.81
CY2011 us-gaap Other Noncash Expense
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-335000
CY2011 us-gaap Gain Loss On Derivative Instruments Held For Trading Purposes Net
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-49162000
CY2011 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
342000 shares
CY2011 us-gaap Net Cash Provided By Used In Operating Activities
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416173000
CY2010 cde Share Based Compensation Arrangement By Share Based Payment Award Option Cancelled Forfeited In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionCancelledForfeitedInPeriodWeightedAverageGrantDateFairValue
23.31
CY2010 cde Share Based Compensation Arrangement By Share Based Payment Award Sars Exercises In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSarsExercisesInPeriod
16639 shares
CY2010 cde Share Based Compensation Arrangement By Share Based Payment Award Sars Exercises In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardSarsExercisesInPeriodWeightedAverageGrantDateFairValue
10.00
CY2010 cde Share Based Compensation Arrangement By Share Based Payment Award Sars Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSarsForfeituresInPeriod
16556 shares
CY2010 cde Share Based Compensation Arrangement By Share Based Payment Award Sars Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSarsGrantsInPeriod
151287 shares
CY2010 cde Share Based Compensation Arrangement By Share Based Payment Award Sars Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardSarsGrantsInPeriodWeightedAverageGrantDateFairValue
15.40
CY2010 cde Share Based Compensation Arrangement By Share Based Payment Award Sars Cancelled Forfeited In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardSarsCancelledForfeitedInPeriodWeightedAverageGrantDateFairValue
11.17
CY2010 cde Third Party Smelting And Refining Costs Recorded As Reduction Of Revenue
ThirdPartySmeltingAndRefiningCostsRecordedAsReductionOfRevenue
8600000
CY2011 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
CY2011 us-gaap Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
CY2011 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
0
CY2011 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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0.00
CY2011 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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-4975000
CY2011 us-gaap Gains Losses On Extinguishment Of Debt
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-5526000
CY2011 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
10600000
CY2011 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
49501000
CY2011 us-gaap Operating Income Loss
OperatingIncomeLoss
306796000
CY2011 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
2175000
CY2011 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
2648000
CY2011 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
1021200000
CY2011 us-gaap Fair Value Assumptions Risk Free Interest Rate
FairValueAssumptionsRiskFreeInterestRate
0.057 pure
CY2011 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
93499000
CY2011 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
1145000
CY2011 us-gaap Comprehensive Income Net Of Tax
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88524000
CY2011 us-gaap Payments To Acquire Royalty Interests In Mining Properties
PaymentsToAcquireRoyaltyInterestsInMiningProperties
73191000
CY2011 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
2936000
CY2011 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
-4975000
CY2011 us-gaap Sale Leaseback Transaction Net Proceeds
SaleLeasebackTransactionNetProceeds
0
CY2011 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
18000
CY2011 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
72743000
CY2011 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0
CY2011 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
224500000
CY2011 us-gaap Share Based Compensation
ShareBasedCompensation
8122000
CY2011 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.04
CY2011 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
904000
CY2011 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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22990000
CY2011 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
119988000
CY2011 us-gaap Gain Loss On Derivative Instruments Net Pretax
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-52050000
CY2011 us-gaap Stock Issued During Period Shares Stock Options Exercised
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129785 shares
CY2011 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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0
CY2011 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
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0
CY2011 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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246617000
CY2011 us-gaap Net Cash Provided By Used In Investing Activities
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-160961000
CY2011 us-gaap Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions
1279000
CY2011 us-gaap Accretion Expense
AccretionExpense
21550000
CY2011 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
0
CY2011 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
108894000
CY2011 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
31379000
CY2011 us-gaap Loss Contingency Accrual Carrying Value Provision
LossContingencyAccrualCarryingValueProvision
2230000
CY2011 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
85519000
CY2011 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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8839000
CY2011 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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89725000 shares
CY2011 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
4041000
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
207836000
CY2011 us-gaap Income Tax Expense Benefit Continuing Operations
IncomeTaxExpenseBenefitContinuingOperations
114337000
CY2011 us-gaap Interest And Other Income
InterestAndOtherIncome
-6610000
CY2011 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.05
CY2011 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-146318000
CY2011 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.05
CY2011 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
1500000
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
19364 shares
CY2011 us-gaap Costs Of Metals Sold
CostsOfMetalsSold
19128000
CY2011 us-gaap Interest Costs Incurred
InterestCostsIncurred
34774000
CY2011 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
-2175000
CY2011 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2011 us-gaap Operating Expenses
OperatingExpenses
69948000
CY2011 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
6032000
CY2011 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-380000
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-38781000
CY2011 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
89383000 shares
CY2011 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
30408000
CY2011 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
14200000
CY2011 us-gaap Cost Of Goods Sold
CostOfGoodsSold
419956000
CY2011 us-gaap Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
-6246000
CY2011 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
44396000
CY2011 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
8100000
CY2011 us-gaap Gross Profit
GrossProfit
376744000
CY2011 us-gaap Payments To Acquire Mineral Rights
PaymentsToAcquireMineralRights
0
CY2011 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
2822000
CY2011 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
51792000
CY2011 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
2050000
CY2011 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
400000
CY2011 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
58000
CY2011 us-gaap Net Income Loss
NetIncomeLoss
93499000
CY2011 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-98960000
CY2011 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
3507000
CY2011 us-gaap Interest Paid Net
InterestPaidNet
11033000
CY2011 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-22795000
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
139916 shares
CY2011 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
27500000
CY2011 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
114337000
CY2011 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.04
CY2011 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
4510000
CY2011 us-gaap Interest Expense
InterestExpense
34774000
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
27.39
CY2011 cde Depreciation And Depletion
DepreciationAndDepletion
224500000
CY2011 cde Income Tax Reconciliation Foreign Withholding Taxes
IncomeTaxReconciliationForeignWithholdingTaxes
23246000
CY2011 cde Accretion Expense On Royalty Obligation Discount
AccretionExpenseOnRoyaltyObligationDiscount
22200000
CY2011 cde Accretion Of Royalty Obligation
AccretionOfRoyaltyObligation
22230000
CY2011 cde Accretion Of Debt Discount
AccretionOfDebtDiscount
2324000
CY2011 cde Additions To Restricted Assets
AdditionsToRestrictedAssets
1326000
CY2011 cde Approximate Percentage Of Sales Of Silver Concentrates To Third Party Smelters Related To Metal Sales
ApproximatePercentageOfSalesOfSilverConcentratesToThirdPartySmeltersRelatedToMetalSales
0.18 pure
CY2011 cde Approximate Percentage Of Sales Of Metals To Counterparties Companies Related To Metal Sales
ApproximatePercentageOfSalesOfMetalsToCounterpartiesCompaniesRelatedToMetalSales
0.82 pure
CY2011 cde Common Stock Cancelled Under Long Term Incentive Plans Net
CommonStockCancelledUnderLongTermIncentivePlansNet
7430000
CY2011 cde Distance Of Lynn Canal From Mines
DistanceOfLynnCanalFromMines
45 mi
CY2011 cde Fair Value Adjustments Net
FairValueAdjustmentsNet
-46450000
CY2011 cde Income Tax Reconciliation Domestic And Foreign Nondeductible Expenses
IncomeTaxReconciliationDomesticAndForeignNondeductibleExpenses
10648000
CY2011 cde Income Tax Reconciliation Foreign Exchange Rates
IncomeTaxReconciliationForeignExchangeRates
4440000
CY2011 cde Income Tax Reconciliation Foreign Inflation And Indexing
IncomeTaxReconciliationForeignInflationAndIndexing
3829000
CY2011 cde Income Tax Reconciliation Percentage Depletion And Related Deductions
IncomeTaxReconciliationPercentageDepletionAndRelatedDeductions
0
CY2011 cde Income Tax Reconciliation Nondeductible Imputed Interest
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808000
CY2011 cde Increase Decrease In Receivables And Other Current Assets
IncreaseDecreaseInReceivablesAndOtherCurrentAssets
21950000
CY2011 cde Loss Contingency Accrual Plan Termination
LossContingencyAccrualPlanTermination
0
CY2011 cde Maturity Of Cash And Cash Equivalents Include All Highly Liquid Investments
MaturityOfCashAndCashEquivalentsIncludeAllHighlyLiquidInvestments
Three months
CY2011 cde Non Cash Interest Paid With Stock
NonCashInterestPaidWithStock
0
CY2011 cde Non Cash Capitalized Interest
NonCashCapitalizedInterest
681000
CY2011 cde Pre Development
PreDevelopment
19441000
CY2011 cde Payments On Gold Lease Facility
PaymentsOnGoldLeaseFacility
13800000
CY2011 cde Proceeds From Gold Lease Facility
ProceedsFromGoldLeaseFacility
0
CY2011 cde Proceeds From Discontinued Operations Sale Of Assets And Other
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2282000
CY2011 cde Share Based Compensation Arrangement By Share Based Payment Award Option Exercises In Period Weighted Average Grant Date Fair Value
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11.41
CY2011 cde Share Based Compensation Arrangement By Share Based Payment Award Option Cancelled Forfeited In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionCancelledForfeitedInPeriodWeightedAverageGrantDateFairValue
40.16
CY2011 cde Share Based Compensation Arrangement By Share Based Payment Award Sars Exercises In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSarsExercisesInPeriod
119801 shares
CY2011 cde Share Based Compensation Arrangement By Share Based Payment Award Sars Exercises In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardSarsExercisesInPeriodWeightedAverageGrantDateFairValue
13.10
CY2011 cde Share Based Compensation Arrangement By Share Based Payment Award Sars Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSarsForfeituresInPeriod
3123 shares
CY2011 cde Share Based Compensation Arrangement By Share Based Payment Award Sars Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSarsGrantsInPeriod
0 shares
CY2011 cde Share Based Compensation Arrangement By Share Based Payment Award Sars Cancelled Forfeited In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardSarsCancelledForfeitedInPeriodWeightedAverageGrantDateFairValue
14.46
CY2011 cde Third Party Smelting And Refining Costs Recorded As Reduction Of Revenue
ThirdPartySmeltingAndRefiningCostsRecordedAsReductionOfRevenue
17700000
CY2011 cde Additions Reductions To Funds Held Financing
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1326000
CY2012 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
CY2012 us-gaap Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
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CY2012 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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0
CY2012 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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0.00
CY2012 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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-2746000
CY2012 us-gaap Gains Losses On Extinguishment Of Debt
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-1036000
CY2012 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
956000
CY2012 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
12959000
CY2012 us-gaap Operating Income Loss
OperatingIncomeLoss
153545000
CY2012 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
2663000
CY2012 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
2911000
CY2012 us-gaap Sales Revenue Goods Net
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895492000
CY2012 us-gaap Fair Value Assumptions Risk Free Interest Rate
FairValueAssumptionsRiskFreeInterestRate
0.042 pure
CY2012 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
48677000
CY2012 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-1101000
CY2012 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
45931000
CY2012 us-gaap Payments To Acquire Royalty Interests In Mining Properties
PaymentsToAcquireRoyaltyInterestsInMiningProperties
74734000
CY2012 us-gaap Capital Expenditures Incurred But Not Yet Paid
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3402000
CY2012 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
-2746000
CY2012 us-gaap Sale Leaseback Transaction Net Proceeds
SaleLeasebackTransactionNetProceeds
0
CY2012 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-861000
CY2012 us-gaap Line Of Credit Facility Commitment Fee Amount
LineOfCreditFacilityCommitmentFeeAmount
200000
CY2012 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
41051000
CY2012 us-gaap Asset Impairment Charges
AssetImpairmentCharges
5825000
CY2012 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
218857000
CY2012 us-gaap Share Based Compensation
ShareBasedCompensation
8010000
CY2012 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.54
CY2012 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
9227000
CY2012 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-31019000
CY2012 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
115641000
CY2012 us-gaap Gain Loss On Derivative Instruments Net Pretax
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-23487000
CY2012 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
40173 shares
CY2012 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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696000
CY2012 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
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64133000
CY2012 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
19971000
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
122927000
CY2012 us-gaap Other Noncash Expense
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279000
CY2012 us-gaap Gain Loss On Derivative Instruments Held For Trading Purposes Net
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-23426000
CY2012 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
19971000
CY2012 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
166000 shares
CY2012 us-gaap Variable Interest Entity Ownership Percentage
VariableInterestEntityOwnershipPercentage
0.50 pure
CY2012 us-gaap Net Cash Provided By Used In Operating Activities
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271634000
CY2012 us-gaap Net Cash Provided By Used In Investing Activities
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473000
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CY2012 us-gaap Line Of Credit Facility Increase Additional Borrowings
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<div> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2"><b>NOTE 1 &#x2013; NATURE OF OPERATIONS</b></font></p> <p style="MARGIN-TOP: 6px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: Times New Roman" size="2">The Company is a large primary silver producer with significant gold assets located in North America and is engaged, through its subsidiaries, in the operation and ownership, development and exploration of silver and gold mining properties and companies located primarily within South America (Argentina and Bolivia), Mexico (Chihuahua), the United States (Nevada and Alaska) and Australia (New South Wales). Coeur is an Idaho corporation incorporated in 1928.</font></p> </div>
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<div> <p style="MARGIN-TOP: 12px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: Times New Roman" size="2"><u>Use of Estimates:</u> The preparation of the Company&#x2019;s consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in their consolidated financial statements and accompanying notes. The areas requiring the use of management&#x2019;s estimates and assumptions relate to recoverable ounces from proven and probable reserves that are the basis of future cash flow estimates and units-of-production depreciation and amortization calculations; useful lives utilized for depreciation, depletion and amortization; estimates of future cash flows for long lived assets; estimates of recoverable gold and silver ounces in ore on leach pads; the amount and timing of reclamation and remediation costs; valuation allowance for deferred tax assets; and other employee benefit liabilities.</font></p> </div>
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CY2012 cde Approximate Percentage Of Sales Of Metals To Counterparties Companies Related To Metal Sales
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4167 oz
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CY2012 cde Non Cash Capitalized Interest
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CY2012 cde Ownership Interest In Equity Method
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3087000
CY2012 cde Quantity Of Gold On Which Monthly Minimum Obligation To Be Paid
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400000 oz
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CY2012 cde Share Based Compensation Arrangement By Share Based Payment Award Sars Exercises In Period
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1000000 oz
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RoyaltyAgreementMinimumObligationForPerMonth
4167 oz

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