COEUR MINING, INC., 10-Q filed on 8/6/2025
Quarterly Report
v3.25.2
Document and Entity Information - shares
 6 Months Ended
Jun. 30, 2025
Aug. 04, 2025
Cover [Abstract]    
Document Type 10-Q  
Document Quarterly Report true  
Document Period End Date Jun. 30, 2025  
Document Transition Report false  
Entity File Number 001-08641  
Entity Registrant Name COEUR MINING, INC.  
Entity Incorporation, State or Country Code DE  
Entity Tax Identification Number 82-0109423  
Entity Address, Address Line One 200 S. Wacker Dr.  
Entity Address, Address Line Two Suite 2100  
Entity Address, City or Town Chicago,  
Entity Address, State or Province IL  
Entity Address, Postal Zip Code 60606  
City Area Code 312  
Local Phone Number 489-5800  
Title of 12(b) Security Common Stock (par value $.01 per share)  
Trading Symbol CDE  
Security Exchange Name NYSE  
Entity Current Reporting Status Yes  
Entity Interactive Data Current Yes  
Entity Filer Category Large Accelerated Filer  
Entity Small Business false  
Entity Emerging Growth Company false  
Entity Shell Company false  
Entity Common Stock, Shares Outstanding   642,715,694
Entity Central Index Key 0000215466  
Amendment Flag false  
Document Fiscal Year Focus 2025  
Document Fiscal Period Focus Q2  
Current Fiscal Year End Date --12-31  
v3.25.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
CURRENT ASSETS    
Cash and cash equivalents $ 111,646 $ 55,087
Receivables 60,640 29,930
Inventory 201,679 78,617
Ore on leach pads 129,469 92,724
Prepaid expenses and other 22,875 16,741
Current assets 526,309 273,099
NON-CURRENT ASSETS    
Property, plant and equipment and mining properties, net 2,794,687 1,817,616
Goodwill 613,355 0
Ore on leach pads, noncurrent 102,078 106,670
Restricted assets 9,381 8,512
Receivables, Net, Current 14,447 19,583
Other assets 90,693 76,267
TOTAL ASSETS 4,150,950 2,301,747
CURRENT LIABILITIES    
Accounts payable 141,511 125,877
Accrued liabilities and other 139,145 156,609
Debt 29,889 31,380
Reclamation 17,129 16,954
Current liabilities 327,674 330,820
NON-CURRENT LIABILITIES    
Debt 350,833 558,678
Reclamation 257,903 243,538
Deferred tax liabilities 326,223 7,258
Other long-term liabilities 59,930 38,201
Non-current liabilities $ 994,889 $ 847,675
Common stock, shares outstanding (in shares) 642,701,753 399,235,632
STOCKHOLDERS' EQUITY    
Common stock, par value $0.01 per share; authorized 900,000,000 shares, 642,701,753 issued and outstanding at June 30, 2025 and 399,235,632 at December 31, 2024 $ 6,426 $ 3,992
Additional paid-in capital 5,780,143 4,181,521
Accumulated deficit (2,958,182) (3,062,261)
Stockholders' equity 2,828,387 1,123,252
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 4,150,950 $ 2,301,747
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 900,000,000 900,000,000
Common stock, shares issued (in shares) 642,701,753 399,235,632
v3.25.2
Consolidated Balance Sheets (Parenthetical) - $ / shares
Jun. 30, 2025
Dec. 31, 2024
STOCKHOLDERS' EQUITY    
Common stock, par value $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 900,000,000 900,000,000
Common stock, shares issued (in shares) 642,701,753 399,235,632
v3.25.2
Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenue $ 480,650 $ 222,026 $ 840,712 $ 435,086
COSTS AND EXPENSES        
Amortization 61,421 27,928 104,514 55,225
General and administrative 13,250 11,241 27,162 25,645
Pre-development, reclamation, and other 13,161 8,590 30,114 26,818
Total costs and expenses 340,542 205,350 638,448 421,767
Income from operations 140,108 16,676 202,264 13,319
OTHER INCOME (EXPENSE), NET        
Gain on debt extinguishment 0 (21) 0 417
Fair value adjustments, net, pretax 4 0 (342) 0
Interest expense, net of capitalized interest (8,251) (13,162) (18,701) (26,109)
Other, net [1] 1,460 5,122 1,866 7,895
Total other income (expense), net (6,787) (8,061) (17,177) (17,797)
Income (loss) before income and mining taxes 133,321 8,615 185,087 (4,478)
Income and mining tax (expense) benefit (62,595) (7,189) (81,008) (23,213)
NET INCOME (LOSS) 70,726 1,426 104,079 (27,691)
OTHER COMPREHENSIVE INCOME (LOSS), Net of Tax:        
Unrealized gain (loss) on hedger, net of tax 0 (10,881) 0 (18,507)
Reclassification adjustments for realized (gain) loss on cash flow hedges 0 (17,028) 0 (17,176)
Other comprehensive income (loss) 0 6,147 0 (1,331)
COMPREHENSIVE INCOME (LOSS) $ 70,726 $ 7,573 $ 104,079 $ (29,022)
Basic EPS        
Earnings Per Share, Basic $ 0.11 $ 0.00 $ 0.18 $ (0.07)
Diluted EPS        
Earnings Per Share, Diluted $ 0.11 $ 0.00 $ 0.18 $ (0.07)
Accumulated Deficit [Member]        
OTHER INCOME (EXPENSE), NET        
NET INCOME (LOSS) $ 70,726 $ 1,426 $ 104,079 $ (27,691)
Product        
COSTS AND EXPENSES        
Costs applicable to sales [2] 229,454 144,717 433,720 290,714
Mineral, Exploration        
COSTS AND EXPENSES        
Costs applicable to sales $ 23,256 $ 12,874 $ 42,938 $ 23,365
[1] See Note 14 -- Additional Comprehensive Income (Loss) Detail for additional detail.
[2] Excludes amortization.
v3.25.2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:        
Net income (loss) $ 70,726 $ 1,426 $ 104,079 $ (27,691)
Adjustments:        
Amortization 61,421 27,928 104,514 55,225
Accretion 4,900 4,154 9,632 8,230
Deferred income taxes (12,204) (9,217) (29,557) (4,788)
Gain on debt extinguishment 0 21 0 (417)
Fair value adjustments, net (4) 0 342 0
Stock-based compensation 4,217 2,732 7,515 6,980
Inventory Write-down 0 0 0 3,235
Revenue Recognized (192) (118) (42,508) (55,277)
Acquired inventory purchase price allocation 29,680 0 56,720 0
Foreign exchange and other 3,029 556 4,552 11,378
Changes in operating assets and liabilities:        
Receivables (4,766) 3,180 (821) (2,136)
Prepaid expenses and other current assets 2,424 4,176 84,489 3,537
Inventories (14,125) (19,774) (22,473) (39,468)
Accounts payable and accrued liabilities 61,845 185 (1,898) 40,570
Cash provided by (used in) operating activities 206,951 15,249 274,586 (622)
CASH FLOWS FROM INVESTING ACTIVITIES:        
Capital expenditures (60,807) (51,405) (110,809) (93,488)
Acquisitions, net 239 0 103,635 0
Proceeds from the sale of assets 80 0 80 24
Other (85) (148) (175) (215)
CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES (60,573) (51,553) (7,269) (93,679)
CASH FLOWS FROM FINANCING ACTIVITIES:        
Proceeds from Issuance of Common Stock 9,147 0 9,449 22,823
Issuance of notes and bank borrowings, net of issuance costs 47,000 115,000 146,500 250,000
Payments on long-term debt, capital leases, and associated costs (164,731) (71,653) (356,965) (163,878)
Share repurchases (2,004) 0 (2,004) 0
Other (2,184) (31) (7,905) (1,810)
CASH PROVIDED (USED IN) BY FINANCING ACTIVITIES (112,772) 43,316 (210,925) 107,135
Effect of exchange rate changes on cash and cash equivalents 496 (361) 204 (321)
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 34,102 6,651 56,596 12,513
Cash, cash equivalents and restricted cash at beginning of period 79,368 69,240 56,874 63,378
Cash, cash equivalents and restricted cash at end of period $ 113,470 $ 75,891 $ 113,470 $ 75,891
v3.25.2
Consolidated Statements of Changes in Stockholders' Equity - USD ($)
$ in Thousands
Total
Private Placement
Royalty Settlement [Domain]
Common Stock
Common Stock
Private Placement
Common Stock
Royalty Settlement [Domain]
Additional Paid-In Capital
Additional Paid-In Capital
Private Placement
Additional Paid-In Capital
Royalty Settlement [Domain]
Accumulated Deficit
Accumulated Other Comprehensive Income (Loss)
Balances, in shares at Dec. 31, 2023       386,283,000              
Balances at Dec. 31, 2023 $ 1,023,903     $ 3,863     $ 4,139,870     $ (3,121,161) $ 1,331
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income (loss) (29,117)                 (29,117)  
Common stock issued for the extinguishment of Senior Notes (in shares)       1,772,000              
Common stock issued for the extinguishment of Senior Notes 5,368     $ 18     5,350        
Other comprehensive income (loss) (7,478)                   (7,478)
Common stock issued (in shares)         7,705,000            
Common stock issued   $ 22,985     $ 77     $ 22,908      
Common stock issued/canceled under long-term incentive plans, annual incentive plans, director fees and options, net (in shares)       2,823,000              
Common stock issued/canceled under long-term incentive plans, annual incentive plans, director fees and options, net 2,468     $ 28     2,440        
Balances, in shares at Mar. 31, 2024       398,583,000              
Balances at Mar. 31, 2024 1,018,129     $ 3,986     4,170,568     (3,150,278) (6,147)
Balances, in shares at Dec. 31, 2023       386,283,000              
Balances at Dec. 31, 2023 1,023,903     $ 3,863     4,139,870     (3,121,161) 1,331
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income (loss) (27,691)                 (27,691)  
Other comprehensive income (loss) (1,331)                    
Balances, in shares at Jun. 30, 2024       399,241,000              
Balances at Jun. 30, 2024 1,031,808     $ 3,992     4,176,668     (3,148,852) 0
Balances, in shares at Mar. 31, 2024       398,583,000              
Balances at Mar. 31, 2024 1,018,129     $ 3,986     4,170,568     (3,150,278) (6,147)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income (loss) 1,426                 1,426  
Other comprehensive income (loss) 6,147                   6,147
Common stock issued (in shares)           738,000          
Common stock issued     $ 3,406     $ 7     $ 3,399    
Common stock issued/canceled under long-term incentive plans, annual incentive plans, director fees and options, net (in shares)       (80,000)              
Common stock issued/canceled under long-term incentive plans, annual incentive plans, director fees and options, net 2,700     $ (1)     2,701        
Balances, in shares at Jun. 30, 2024       399,241,000              
Balances at Jun. 30, 2024 1,031,808     $ 3,992     4,176,668     (3,148,852) 0
Balances, in shares at Dec. 31, 2024       399,236,000              
Balances at Dec. 31, 2024 1,123,252     $ 3,992     4,181,521     (3,062,261) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income (loss) 33,353                 33,353  
Common stock issued for the extinguishment of Senior Notes (in shares)       239,489,000              
Common stock issued for the extinguishment of Senior Notes 1,590,091     $ 2,395     1,587,696        
Common stock issued (in shares)           595,000          
Common stock issued     $ 3,655     $ 6     $ 3,649    
Common stock issued/canceled under long-term incentive plans, annual incentive plans, director fees and options, net (in shares)       (259,000)              
Common stock issued/canceled under long-term incentive plans, annual incentive plans, director fees and options, net (1,839)     $ (3)     (1,836)        
Balances, in shares at Mar. 31, 2025       639,061,000              
Balances at Mar. 31, 2025 2,748,512     $ 6,390     5,771,030     (3,028,908) 0
Balances, in shares at Dec. 31, 2024       399,236,000              
Balances at Dec. 31, 2024 1,123,252     $ 3,992     4,181,521     (3,062,261) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income (loss) $ 104,079                 104,079  
Stock options exercise (in shares) 3,202,452                    
Other comprehensive income (loss) $ 0                    
Balances, in shares at Jun. 30, 2025       642,702,000              
Balances at Jun. 30, 2025 2,828,387     $ 6,426     5,780,143     (2,958,182) 0
Balances, in shares at Mar. 31, 2025       639,061,000              
Balances at Mar. 31, 2025 2,748,512     $ 6,390     5,771,030     (3,028,908) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income (loss) 70,726                 70,726  
Stock options exercise (in shares)       2,139,000              
Stock options exercise 7,222     $ 21     7,201        
Stock repurchase program (in shares)       (216,000)              
Stock repurchase program (2,004)     $ (2)     (2,002)        
Other comprehensive income (loss) 0                    
Common stock issued/canceled under long-term incentive plans, annual incentive plans, director fees and options, net (in shares)       1,718,000              
Common stock issued/canceled under long-term incentive plans, annual incentive plans, director fees and options, net 3,931     $ 17     3,914        
Balances, in shares at Jun. 30, 2025       642,702,000              
Balances at Jun. 30, 2025 $ 2,828,387     $ 6,426     $ 5,780,143     $ (2,958,182) $ 0
v3.25.2
Basis of Presentation
 6 Months Ended
Jun. 30, 2025
Basis of Presentation [Abstract]  
Basis of Accounting BASIS OF PRESENTATIONThe interim condensed consolidated financial statements of Coeur Mining, Inc. and its subsidiaries (collectively, “Coeur” or the “Company”) are unaudited. In the opinion of management, all adjustments and disclosures necessary for the fair presentation of these interim statements have been included. The results reported in these interim statements may not be indicative of the results which will be reported for the year ending December 31, 2025. The condensed consolidated December 31, 2024 balance sheet data was derived from audited consolidated financial statements. Accordingly, these unaudited interim condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024 (the “2024 10-K”).
v3.25.2
Summary Of Significant Accounting Policies
 6 Months Ended
Jun. 30, 2025
Accounting Policies [Abstract]  
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Significant Accounting Policies
Please see Note 2 — Summary of Significant Accounting Policies contained in the 2024 10-K.
Use of Estimates
The Company's Condensed Consolidated Financial Statements have been prepared in accordance with United States Generally Accepted Accounting Principles (“U.S. GAAP”). The preparation of the Company’s Condensed Consolidated Financial Statements requires the Company to make estimates and assumptions that affect the reported amounts of assets and liabilities and the related disclosure of contingent assets and liabilities at the date of the Condensed Consolidated Financial Statements and reported amounts of revenues and expenses during the reporting period. The more significant areas requiring the use of management estimates and assumptions relate to metal prices and mineral reserves that are the basis for future cash flow estimates utilized in impairment calculations and units-of production amortization calculations, environmental, reclamation and closure obligations, estimates of recoverable silver and gold on stockpiles and leach pad inventories, estimates of fair value for certain reporting units and asset impairments, valuation allowances for deferred tax assets, and the fair value and accounting treatment of financial instruments, equity securities, asset acquisitions, the allocation of fair value to assets and liabilities assumed in connection with business combinations, and derivative instruments. The Company bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances. Accordingly, actual results will differ from the amounts estimated in these financial statements.
Ore on Leach Pads
The heap leach process extracts silver and gold by placing ore on an impermeable pad and applying a diluted cyanide solution that dissolves a portion of the contained silver and gold, which are then recovered in metallurgical processes. The Company uses several integrated steps to scientifically measure the metal content of ore placed on the leach pads. As the ore body is drilled in preparation for the blasting process, samples are taken of the drill residue which are assayed to determine estimated quantities of contained metal. The Company then processes the ore through crushing facilities where the output is again weighed and sampled for assaying. A metallurgical reconciliation with the data collected from the mining operation is completed with appropriate adjustments made to previous estimates. The crushed ore is then transported to the leach pad for application of the leaching solution. As the leach solution is collected from the leach pads, it is continuously sampled for assaying. The quantity of leach solution is measured by flow meters throughout the leaching and precipitation process. After precipitation, the product is converted to doré at the Rochester mine and a form of gold electrolytic cathodic sludge at the Wharf mine, representing the final product produced by each mine. The inventory is stated at lower of cost or net realizable value, with cost being determined using a weighted average cost method.

The historical cost of metal expected to be extracted within 12 months is classified as current and the historical cost of metals contained within the broken ore expected to be extracted beyond 12 months is classified as non-current. Ore on leach pads is valued based on actual production costs incurred to produce and place ore on the leach pad, less costs allocated to minerals recovered through the leach process.

The estimate of both the ultimate recovery expected over time and the quantity of metal that may be extracted relative to the time the leach process occurs requires the use of estimates, which are inherently inaccurate due to the nature of the leaching process. The quantities of metal contained in the ore are based upon actual weights and assay analysis. The rate at which the leach process extracts gold and silver from the crushed ore is based upon laboratory testing and actual experience of more than 20 years of leach pad operations at the Rochester mine and 30 years of leach pad operations at the Wharf mine. The assumptions used by the Company to measure metal content during each stage of the inventory conversion process includes estimated recovery rates based on laboratory testing and assaying. The Company periodically reviews its estimates compared to
actual experience and revises its estimates when appropriate. The ultimate recovery will not be known until leaching operations cease. Variations between actual and estimated quantities resulting from changes in assumptions and estimates that do not result in write-downs to net realizable value are accounted for on a prospective basis. There are five reusable heap leach pads (load/offload) used at Wharf. Each pad goes through an approximate 24-month process of loading of ore, leaching and offloading which includes a neutralization and denitrification process. During the leaching cycle of each pad, revised estimated recoverable ounces for each of the pads may result in an upward or downward revision from time to time, which generally have not been significant. Updated recoverable ounce estimates are considered changes in estimate and were accounted for prospectively. As of June 30, 2025, the Company’s estimated recoverable ounces of gold and silver on the leach pads were 61,533 and 8.3 million, respectively.
Goodwill
Goodwill represents the excess of the purchase price over the estimated fair value of the net assets acquired in a business acquisition. Goodwill is allocated to reporting units and tested for impairment annually as of December 31 and when events or changes in circumstances indicate that the carrying value of a reporting unit exceeds its fair value. Each operating mine is considered a distinct reporting unit for purposes of goodwill impairment testing.
The Company may elect to perform a qualitative assessment if it is more likely than not that the fair value exceeds the carrying value. If the Company determines that it is more likely than not that the fair value is less than the carrying value, a quantitative goodwill impairment test is performed to determine the fair value of the reporting unit. The fair value of a reporting unit is determined using either the income approach utilizing estimates of discounted future cash flows or the market approach utilizing recent transaction activity for comparable properties. These approaches are considered Level 3 fair value measurements. If the carrying amount of the reporting unit exceeds its fair value, an impairment loss is recognized in an amount equal to that excess, limited to the total amount of goodwill allocated to that reporting unit.
Recently Adopted Accounting Standards
In November 2023, the FASB issued ASU 2023-07, “Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures”, which is intended to improve reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses. The guidance is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted. The guidance is to be applied retrospectively to all prior periods presented in the financial statements. Upon transition, the segment expense categories and amounts disclosed in the prior periods should be based on the significant segment expense categories identified and disclosed in the period of adoption. We have adopted the new standard effective December 31, 2024 retrospectively for all periods presented. See Note 4 -- Segment Reporting for all periods presented with the new required disclosures. The new standard did not impact our Consolidated Financial Statements.
Recently Issued Accounting Standards
In December 2023, the FASB issued ASU 2023-09, “Income Taxes (Topic 740): Improvements to Income Tax Disclosures”, which modifies the rules on income tax disclosures to require entities to disclose (1) specific categories in the rate reconciliation, (2) the income or loss from continuing operations before income tax expense or benefit (separated between domestic and foreign) and (3) income tax expense or benefit from continuing operations (separated by federal, state and foreign). ASU 2023-09 also requires entities to disclose their income tax payments to international, federal, state and local jurisdictions, among other changes. The guidance is effective for annual periods beginning after December 15, 2024. Although early adoption is permitted for annual financial statements that have not yet been issued or made available for issuance, the Company believes that there is no material impact to the reader in early adoption. The Company plans to adopt this new guidance on our Consolidated Financial Statements and related disclosures on reporting year ending December 31, 2025.
In November 2024, the FASB issued ASU 2024-03, Income Statement - Reporting Comprehensive Income (Topic 220): Expense Disaggregation Disclosures, which includes amendments to require the disclosure of certain specific costs and expenses that are included in a relevant expense caption on the face of the income statement. Specific costs and expenses that would be required to be disclosed include: purchases of inventory, employee compensation, depreciation and intangible asset amortization. Additionally, a qualitative description of other items is required, equal to the difference between the relevant expense caption and the separately disclosed specific costs. The amendments in ASU 2024-03 are effective for fiscal years beginning after December 15, 2026, and for interim periods beginning after December 15, 2027, and are applied either prospectively or retrospectively at the option of the Company. We are evaluating the impact of the amendments on our Condensed Consolidated Financial Statements and related disclosures.
v3.25.2
Acquisitions (Notes)
 6 Months Ended
Jun. 30, 2025
Business Combination [Abstract]  
Acquisitions ACQUISITIONS
On October 3, 2024, the Company entered into a definitive agreement (the “Agreement”) whereby, a wholly-owned subsidiary of Coeur would acquire all of the issued and outstanding shares of SilverCrest Metals Inc. (“SilverCrest”) pursuant to a court-approved plan of arrangement (the “Transaction”). Under the terms of the Agreement, SilverCrest shareholders received 1.6022 Coeur common shares for each SilverCrest common share (the “Exchange Ratio”).
On February 14, 2025, the Company completed the closing of the Transaction after receiving regulatory approval on February 3, 2025 followed by stockholder approval on February 6, 2025. Coeur acquired all of the issued and outstanding shares of SilverCrest in exchange for 239,331,799 common shares. Based on the closing price of Coeur common shares on the NYSE on February 14, 2025, the implied total equity value was approximately $1.58 billion based on SilverCrest’s common shares outstanding and the Exchange Ratio.
The Company retained an independent appraiser to assist with the determination of the preliminary fair value of assets acquired and liabilities assumed. In accordance with the acquisition method of accounting, the purchase price of SilverCrest has been allocated to the acquired assets and assumed liabilities based on their estimated acquisition date fair values. The fair value estimates were based on income, market and cost valuation methods. The excess of the total consideration over the estimated fair value of the amounts initially assigned to the identifiable assets acquired and liabilities assumed has been recorded as goodwill, which is not deductible for income tax purposes and was assigned to the Las Chispas segment. The goodwill balance comprises amounts attributable to the assembled workforce, potential strategic and financial benefits, including the financial flexibility to execute capital priorities, and new book to tax basis differences of assets acquired and liabilities assumed. The acquisition of SilverCrest increased the Company’s gold and other metal reserves and expanded our footprint in a jurisdiction where the Company has significant experience.
As of June 30, 2025, the Company had not yet fully completed the analysis to assign fair values to all assets acquired and liabilities assumed, and therefore the purchase price allocation for SilverCrest is preliminary. At June 30, 2025, remaining items to finalize include the fair value of property plant and mine development, goodwill, reclamation, unrecognized tax benefits, and deferred income tax assets and liabilities. The preliminary purchase price allocation will be subject to further refinement as the Company continues to refine its estimates and assumptions based on information available at the acquisition date. These refinements may result in material changes to the estimated fair value of assets acquired and liabilities assumed. The purchase price allocation adjustments can be made throughout the end of Coeur’s measurement period, which is not to exceed one year from the acquisition date. Prior to the closing of the Transaction, the Company entered into a loan with SilverCrest through which Coeur Rochester, Inc., a subsidiary of the Company, owed $72.3 million related to the purchase of bullion and metal inventory from SilverCrest that was in effect settled on the date of the Transaction. The acquired bullion and metal inventory was sold during the first quarter of 2025 for proceeds of $72.0 million. The proceeds are included in the operating cash flows for the first quarter and the $0.3 million loss was recorded in Fair value adjustments, net. Total transaction costs were $20.3 million with $11.7 million incurred in the six months ended June 30, 2025. These transaction costs are included in Pre-development, reclamation, and other on the Condensed Consolidated Statements of Comprehensive Income (loss) and are reflected in pro forma earnings in the table below for the three and six months ended June 30, 2025.
The following table summarizes the preliminary purchase price allocation for the Transaction as of June 30, 2025:
(Amounts in thousands, except shares and share price amounts)
Common shares issued (239,331,799 at $6.61)
$1,581,983 
Fair value of replacement stock-based compensation awarded(1)
8,539 
Fair value of Coeur payable to SilverCrest repurchased(72,311)
Total purchase price$1,518,211 
Assets:
Cash and cash equivalents$103,724 
Short-term receivables23,292 
Inventory153,826 
Prepaid expenses and other15,213 
Property, plant and equipment and mining properties1,006,736 
Other5,596 
Total Assets$1,308,387 
Liabilities:
Accounts payable16,774 
Accrued liabilities and other22,959 
Debt846 
Reclamation8,644 
Deferred tax liabilities (2)
335,563 
Other long-term liabilities18,745 
Total liabilities$403,531 
Net identifiable assets acquired$904,856 
Goodwill613,355 
Net assets acquired$1,518,211 
(1) As of June 30, 2025,2.3 million common shares were issued related to the exercise of 3.2 million replacement options.
(2) Deferred income tax liabilities represent the future tax expense associated with the differences between the preliminary fair value allocated to assets (excluding goodwill) and liabilities and a tax basis increase to the preliminary fair value of the assets acquired in Mexico and the historical carryover tax basis of assets and liabilities in all other jurisdictions. No deferred tax liability is recognized for the basis difference inherent in the preliminary fair value allocated to goodwill.
Pro Forma Financial Information
Sales and net income in the Condensed Consolidated Statement of Operations includes SilverCrest revenue of $102.7 million and $160.7 million and SilverCrest net loss of $16.0 million and $13.2 million in the three and six months ended June 30, 2025, respectively. The following unaudited pro forma financial information presents consolidated results assuming the Transaction occurred on January 1, 2024.
Three Months EndedSix Months Ended
June 30, 2025June 30, 2024June 30, 2025June 30, 2024
Revenue$480,650 $294,767 $895,689 $571,473 
Net income (loss)$103,230 $(38,360)$177,847 $(98,625)
Pro forma amounts assume that transaction costs were incurred in the first quarter of 2024. The pro forma results have been calculated after applying the Company’s accounting policies and adjusting the results of SilverCrest to reflect the additional depreciation, depletion and amortization that would have been recognized assuming the fair value adjustments to property, plant, and equipment, and mining properties and the impact of purchase price allocation on acquired inventory which have been applied from January 1, 2024, with the consequential tax effects.
v3.25.2
Segment Reporting
 6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
SEGMENT REPORTING SEGMENT REPORTING
The Company’s operating segments include the Las Chispas, Palmarejo, Rochester, Kensington and Wharf mines, and the Silvertip exploration project. Except for the Silvertip exploration project, all operating segments are engaged in the discovery, mining, and production of gold and/or silver. The Silvertip exploration project is engaged in the discovery of silver, zinc, lead, and other related metals. “Other” includes certain mineral interests, strategic equity investments, corporate office, elimination of intersegment transactions, and other items necessary to reconcile to consolidated amounts.
The Company’s Chief Operating Decision Maker (“CODM”), composed of Mitchell J. Krebs, Chairman, President and Chief Executive Officer, Thomas S. Whelan, Senior Vice President and Chief Financial Officer, and Michael Routledge, Senior Vice President and Chief Operating Officer, evaluates performance and allocates resources for all of the Company’s reportable segments based on Income (loss) from operations. The CODM uses segment Income (loss) from operations to allocate resources such as corporate employees, and financial or capital resources for each segment during the annual budget and forecasting processes. The CODM considers budget-to-actual variances on a monthly basis using the segment Income (loss) from operations measure when making decisions about allocating capital and personnel to the segments. The accounting policies of the reportable segments are the same as those described in Note 2 -- Summary of Significant Accounting Policies.
Financial information relating to the Company’s segments is as follows (in thousands):
Three Months Ended June 30, 2025Las ChispasPalmarejoRochesterKensingtonWharfSilvertip OtherTotal
Revenue
Gold sales$53,125 $56,067 $46,267 $89,726 $77,929 $— $— $323,114 
Silver sales49,525 58,072 48,710 40 1,189 — — 157,536 
Metal sales102,650 114,139 94,977 89,766 79,118 — — 480,650 
Costs and Expenses
Costs applicable to sales(1)
57,747 48,703 47,928 46,083 28,993 — — 229,454 
Amortization22,375 9,406 16,748 10,221 1,549 928 194 61,421 
Exploration3,262 4,014 1,224 1,535 3,479 9,228 514 23,256 
Other operating expenses(2)
925 2,989 2,651 622 1,118 2,929 15,177 26,411 
Costs and expenses84,309 65,112 68,551 58,461 35,139 13,085 15,885 340,542 
Income (loss) from operations18,341 49,027 26,426 31,305 43,979 (13,085)(15,885)140,108 
Other income (expense)
Fair value adjustments, net— — 4 — — — — 4 
Interest expense, net16 (84)(2,615)(80)(19)— (5,469)(8,251)
Other, net(3)
804 (1,264)(152)(176)(29)(84)2,361 1,460 
Income (loss) before income and mining taxes19,161 47,679 23,663 31,049 43,931 (13,169)(18,993)133,321 
Income and mining tax (expense) benefit(35,206)(9,415)(3,821)(2,397)(9,341)— (2,415)(62,595)
Net Income (loss) $(16,045)$38,264 $19,842 $28,652 $34,590 $(13,169)$(21,408)$70,726 
Segment assets(4)
$1,725,990 $308,483 $1,253,548 $246,478 $124,995 $221,675 $58,061 $3,939,230 
Capital expenditures$9,200 $5,643 $24,466 $16,318 $3,591 $1,528 $61 $60,807 

(1) Excludes amortization.
(2) Other operating expenses include General and administrative and Pre-development, reclamation, and other
(3) See Note 14 -- Additional Comprehensive Income (Loss) Detail for additional detail.
(4) Segment assets include receivables, prepaids, inventories, property, plant and equipment, mineral interests, and goodwill.
Three Months Ended June 30, 2024PalmarejoRochesterKensingtonWharfSilvertipOtherTotal
Revenue
Gold sales$42,411 $17,368 $51,104 $43,202 $— $— $154,085 
Silver sales40,835 25,396 (50)1,760 — — 67,941 
Metal sales83,246 42,764 51,054 44,962 — — 222,026 
Costs and Expenses
Costs applicable to sales(1)
48,227 36,655 40,721 19,114 — — 144,717 
Amortization10,843 8,570 6,445 1,067 790 213 27,928 
Exploration2,578 977 1,291 1,126 6,445 457 12,874 
Other operating expenses(2)
2,446 2,826 1,129 1,144 2,404 9,882 19,831 
Costs and expenses64,094 49,028 49,586 22,451 9,639 10,552 205,350 
Income (loss) from operations19,152 (6,264)1,468 22,511 (9,639)(10,552)16,676 
Other income (expense)
Gain on debt extinguishment— — — — — (21)(21)
Fair value adjustments, net— — — — — — — 
Interest expense, net397 (1,055)(499)(125)(4)(11,876)(13,162)
Other, net(3)
2,881 (146)(82)(45)18 2,496 5,122 
Income (loss) before income and mining taxes22,430 (7,465)887 22,341 (9,625)(19,953)8,615 
Income and mining tax (expense) benefit(7,311)672 — (1,872)— 1,322 (7,189)
Net Income (loss)$15,119 $(6,793)$887 $20,469 $(9,625)$(18,631)$1,426 
Segment assets(4)
$302,034 $1,125,586 $196,671 $108,268 $213,833 $51,885 $1,998,277 
Capital expenditures$5,871 $27,530 $16,477 $1,156 $350 $21 $51,405 

(1) Excludes amortization.
(2) Other operating expenses include General and administrative and Pre-development, reclamation, and other
(3) See Note 14 -- Additional Comprehensive Income (Loss) Detail for additional detail.
(4) Segment assets include receivables, prepaids, inventories, property, plant and equipment, mineral interests, and goodwill.

Six Months Ended June 30, 2025Las ChispasPalmarejoRochesterKensingtonWharfSilvertip OtherTotal
Revenue
Gold sales$81,007 $99,762 $88,050 $154,933 $134,689 $— $— $558,441 
Silver sales79,662 110,183 89,553 76 2,797 — — 282,271 
Metal sales160,669 209,945 177,603 155,009 137,486 — — 840,712 
Costs and Expenses
Costs applicable to sales(1)
100,581 92,406 96,464 88,239 56,030 — — 433,720 
Amortization31,311 18,587 31,655 17,692 3,023 1,874 372 104,514 
Exploration5,140 7,874 2,691 4,836 6,108 15,335 954 42,938 
Other operating expenses(2)
992 4,618 5,405 1,192 2,306 6,007 36,756 57,276 
Costs and expenses138,024 123,485 136,215 111,959 67,467 23,216 38,082 638,448 
Income (loss) from operations22,645 86,460 41,388 43,050 70,019 (23,216)(38,082)202,264 
Other income (expense)
Fair value adjustments, net— — (342)— — — — (342)
Interest expense, net(1)(69)(4,873)(257)(117)— (13,384)(18,701)
Other, net(3)
1,232 (1,952)(240)(261)(72)13 3,146 1,866 
Income (loss) before income and mining taxes23,876 84,439 35,933 42,532 69,830 (23,203)(48,320)185,087 
Income and mining tax (expense) benefit(37,058)(20,514)(4,434)(2,885)(11,863)— (4,254)(81,008)
Net Income (loss) $(13,182)$63,925 $31,499 $39,647 $57,967 $(23,203)$(52,574)$104,079 
Segment assets(4)
$1,725,990 $308,483 $1,253,548 $246,478 $124,995 $221,675 $58,061 $3,939,230 
Capital expenditures$14,538 $11,500 $39,319 $31,791 $10,955 $2,382 $324 $110,809 
(1) Excludes amortization.
(2) Other operating expenses include General and administrative and Pre-development, reclamation, and other
(3) See Note 14 -- Additional Comprehensive Income (Loss) Detail for additional detail.
(4) Segment assets include receivables, prepaids, inventories, property, plant and equipment, mineral interests, and goodwill.
Six Months Ended June 30, 2024PalmarejoRochesterKensingtonWharfSilvertipOtherTotal
Revenue
Gold sales$96,313 $30,049 $94,589 $84,903 $— $— $305,854 
Silver sales83,311 42,544 (16)3,393 — — 129,232 
Metal sales179,624 72,593 94,573 88,296 — — 435,086 
Costs and Expenses
Costs applicable to sales(1)
102,521 63,654 80,010 44,529 — — 290,714 
Amortization23,445 15,203 12,041 2,460 1,642 434 55,225 
Exploration5,063 1,408 2,836 1,249 11,725 1,084 23,365 
Other operating expenses(2)
4,700 8,576 8,755 2,245 5,109 23,078 52,463 
Costs and expenses135,729 88,841 103,642 50,483 18,476 24,596 421,767 
Income (loss) from operations43,895 (16,248)(9,069)37,813 (18,476)(24,596)13,319 
Other income (expense)
Gain on debt extinguishment— — — — — 417 417 
Fair value adjustments, net— — — — — — — 
Interest expense, net371 (2,395)(970)(277)(10)(22,828)(26,109)
Other, net(3)
3,427 (116)(163)(87)(40)4,874 7,895 
Income (loss) before income and mining taxes47,693 (18,759)(10,202)37,449 (18,526)(42,133)(4,478)
Income and mining tax (expense) benefit(18,994)906 — (3,008)— (2,117)(23,213)
Net Income (loss)$28,699 $(17,853)$(10,202)$34,441 $(18,526)$(44,250)$(27,691)
Segment assets(4)
$302,034 $1,125,586 $196,671 $108,268 $213,833 $51,885 $1,998,277 
Capital expenditures$12,632 $48,773 $29,735 $1,464 $859 $25 $93,488 
(1) Excludes amortization.
(2) Other operating expenses includes General and administrative and Pre-development, reclamation, and other
(3) See Note 14 -- Additional Comprehensive Income (Loss) Detail for additional detail.
(4) Segment assets include receivables, prepaids, inventories, property, plant and equipment, mineral interests, and goodwill.

Assets June 30, 2025December 31, 2024
Total assets for reportable segments$3,939,230 $2,161,881 
Cash and cash equivalents111,646 55,087 
Other assets100,074 84,779 
Total consolidated assets$4,150,950 $2,301,747 
Geographic Information
Long-Lived Assets June 30, 2025December 31, 2024
United States$1,327,020 $1,312,976 
Mexico1,842,870 267,144 
Canada237,919 237,263 
Other233 233 
Total$3,408,042 $1,817,616 
RevenueThree months ended June 30,Six months ended June 30,
2025202420252024
United States$263,861 $138,780 $470,098 $255,462 
Mexico216,789 83,246 370,614 179,624 
Total$480,650 $222,026 $840,712 $435,086 
v3.25.2
Receivables
 6 Months Ended
Jun. 30, 2025
Receivables [Abstract]  
RECEIVABLES RECEIVABLES
    Receivables consist of the following:
In thousandsJune 30, 2025December 31, 2024
Current receivables:
Trade receivables$13,470 $7,818 
VAT receivable28,974 12,684 
Income tax receivable11,489 8,509 
Other (1)
6,707 919 
$60,640 $29,930 
Non-current receivables:
Other tax receivable (1)
$418 $5,554 
Deferred cash consideration (2)
834 834 
Contingent consideration (3)
13,195 13,195 
$14,447 $19,583 
Total receivables$75,087 $49,513 
(1) Consists of exploration credit refunds at Silvertip.
(2) Represents the fair value of the contingent consideration related to the sale of La Preciosa Deferred Consideration, which included the right to an additional payment of $1.0 million on the first anniversary of initial production from any portion of the La Preciosa project. The fair value of the contingent consideration was valued using a discounted cash flow model and is measured at fair value on a non-recurring basis.
(3) Represents the fair value of the contingent consideration associated with the sale of Sterling/Crown exploration properties, which included the right to an additional payment of $50.0 million based on gold resources reported in the Sterling/Crown exploration properties by the buyer, its affiliates or its successors. The fair value of the contingent consideration was valued using a discounted cash flow model and is measured at fair value on a non-recurring basis.
v3.25.2
Inventory and Ore on Leach Pads
 6 Months Ended
Jun. 30, 2025
Inventory Disclosure [Abstract]  
INVENTORY AND ORE ON LEACH PADS INVENTORY AND ORE ON LEACH PADS
    Inventory consists of the following:
In thousandsJune 30, 2025December 31, 2024
Inventory:
Concentrate$3,543 $2,663 
Stockpile ore (1)
94,778 6,773 
Precious metals40,919 16,034 
Supplies62,439 53,147 
$201,679 $78,617 
Ore on Leach Pads:
Current$129,469 $92,724 
Non-current102,078 106,670 
$231,547 $199,394 
Long-term Stockpile (included in Other)
$41,966 $41,718 
Total Inventory and Ore on Leach Pads$475,192 $319,729 
    
(1) Includes $88.9 million, $2.8 million, $2.5 million, and $0.5 million at Las Chispas, Kensington, Palmarejo, and Wharf at June 30, 2025, respectively. Includes $3.1 million, $0.5 million, and $3.2 million at Kensington, Palmarejo, and Wharf at December 31, 2024, respectively.
v3.25.2
Property, Plant and Equipment
 6 Months Ended
Jun. 30, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT PROPERTY, PLANT AND EQUIPMENT AND MINING PROPERTIES, NET
Property, plant and equipment and mining properties, net consist of the following:
In thousandsJune 30, 2025December 31, 2024
Mine development$1,587,846 $1,502,457 
Mineral interests1,683,564 833,564 
Land9,961 9,000 
Facilities and equipment(1)
1,706,072 1,517,170 
Construction in progress134,947 145,732 
Total$5,122,390 $4,007,923 
Accumulated depreciation, depletion and amortization(2)
(2,327,703)(2,190,307)
Property, plant and equipment and mining properties, net$2,794,687 $1,817,616 
(1) Includes $164.7 million and $170.1 million associated with facilities and equipment assets under finance leases at June 30, 2025 and December 31, 2024, respectively.
(2) Includes $77.5 million and $63.3 million of accumulated amortization related to assets under finance leases at June 30, 2025 and December 31, 2024, respectively.
v3.25.2
Debt
 6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Debt Disclosure DEBT
 June 30, 2025December 31, 2024
In thousandsCurrentNon-CurrentCurrentNon-Current
2029 Senior Notes, net(1)
$— $290,425 $— $290,058 
Revolving Credit Facility(2)
— — — 195,000 
Finance lease obligations29,889 60,408 31,380 73,620 
$29,889 $350,833 $31,380 $558,678 
(1) Net of unamortized debt issuance costs of $2.7 million and $3.1 million at June 30, 2025 and December 31, 2024, respectively.
(2) Unamortized debt issuance costs of $2.7 million and $3.4 million at June 30, 2025 and December 31, 2024, respectively, included in Other Non-Current Assets.
2029 Senior Notes
In March 2021, the Company completed an offering of $375.0 million in aggregate principal amount of senior notes in a private placement conducted pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended, for net proceeds of approximately $367.5 million (the “2029 Senior Notes”). For more details, please see Note 8 -- Debt contained in the 2024 10-K.
Revolving Credit Facility
At June 30, 2025, the Company had no outstanding draws, $20.2 million in outstanding letters of credit and $379.8 million available under the revolving credit facility (“RCF”). Future borrowing may be subject to certain financial covenants.
Finance Lease Obligations
From time to time, the Company acquires mining equipment and facilities under finance lease agreements. In the six months ended June 30, 2025, the Company entered into a new lease financing arrangement for mining equipment at Rochester for $0.8 million at an interest rate of 7.2%. All finance lease obligations are recorded, upon lease inception, at the present value of future minimum lease payments. For more details, please see Note 7 -- Leases in the 2024 10-K.
Interest Expense
 Three Months Ended June 30,Six Months Ended June 30,
In thousands2025202420252024
2029 Senior Notes$3,755 $3,755 $7,511 $7,575 
Revolving Credit Facility2,434 7,518 6,639 13,972 
Finance lease obligations1,561 997 3,219 2,256 
Amortization of debt issuance costs581 579 1,162 1,198 
Other obligations314 757 959 1,554 
Capitalized interest(394)(444)(789)(446)
Total interest expense, net of capitalized interest$8,251 $13,162 $18,701 $26,109 
v3.25.2
Reclamation
 6 Months Ended
Jun. 30, 2025
Asset Retirement Obligation Disclosure [Abstract]  
RECLAMATION RECLAMATION
Reclamation and mine closure costs are based principally on legal and regulatory requirements. Management estimates costs associated with reclamation of mining properties. On an ongoing basis, management evaluates its estimates and assumptions, and future expenditures could differ from current estimates. The asset retirement obligation increased in 2025 due to increased reclamation and mine closure costs associated with Las Chispas.
Changes to the Company’s asset retirement obligations for its operating sites are as follows:
Three Months Ended June 30,Six Months Ended June 30,
In thousands2025202420252024
Asset retirement obligation - Beginning$272,512 $216,989 $260,492 $214,013 
Accretion4,900 4,154 9,632 8,230 
Additions and changes to estimates— — 8,644 — 
Settlements(2,380)(1,226)(3,736)(2,326)
Asset retirement obligation - Ending$275,032 $219,917 $275,032 $219,917 
v3.25.2
Income and Mining Taxes
 6 Months Ended
Jun. 30, 2025
Income Tax Disclosure [Abstract]  
INCOME AND MINING TAXES INCOME AND MINING TAXES
    The following table summarizes the components of Income and mining tax (expense) benefit for the three and six months ended June 30, 2025 and 2024 by significant jurisdiction:
Three months ended June 30,Six months ended June 30,
 2025202420252024
In thousandsIncome (loss) before taxTax (expense) benefitIncome (loss) before taxTax (expense) benefitIncome (loss) before taxTax (expense) benefitIncome (loss) before taxTax (expense) benefit
United States$82,138 $(15,229)$(4,660)$1,677 $102,463 $(20,534)$(33,890)$(2,142)
Canada(15,099)(693)(9,628)(258)(25,051)(811)(18,535)(372)
Mexico66,879 (46,673)22,948 (8,608)107,969 (59,663)48,152 (20,699)
Other jurisdictions(597)— (45)— (294)— (205)— 
$133,321 $(62,595)$8,615 $(7,189)$185,087 $(81,008)$(4,478)$(23,213)
    During the second quarter of 2025, the Company reported estimated income and mining tax expense of approximately $62.6 million, resulting in an effective tax rate of 47.0%. This compares to income tax expense of $7.2 million for an effective tax rate of 83.4% during the second quarter of 2024. The comparability of the Company’s income and mining tax (expense) benefit and effective tax rate for the reported periods was impacted by multiple factors, primarily: (i) variations in our income before income taxes; (ii) geographic distribution of that income; (iii) foreign exchange rates; (iv) mining taxes; (v) the impact of uncertain tax positions; and (vi) percentage depletion. Fluctuations in foreign exchange rates on deferred tax balances increased income and mining tax expense by $28.3 million and decreased income and mining tax expense by $0.9 million for the three months ended June 30, 2025 and 2024, respectively. The impact of foreign exchange rates on deferred tax balances is predominantly due to the Mexican Peso and deferred taxes resulting from Las Chispas purchase price accounting. Therefore, the effective tax rate will fluctuate, sometimes significantly, period to period.
A valuation allowance is provided for deferred tax assets for which it is more likely than not that the related tax benefits will not be realized. The Company analyzes its deferred tax assets and, if it is determined that the Company will not realize all or a portion of its deferred tax assets, it will record or increase a valuation allowance. Conversely, if it is determined that the Company ultimately will be more likely than not able to realize all or a portion of the related benefits for which a valuation allowance has been provided, all or a portion of the related valuation allowance will be reduced. There are a number of factors that impact the Company’s ability to realize its deferred tax assets. For additional information, please see the section titled “Item 1A - Risk Factors” in the 2024 10-K.
The Company or one of its subsidiaries files income tax returns in the U.S. federal and state jurisdictions, in all identified foreign jurisdictions, and various others. The statute of limitations remains open from 2021 for the U.S. federal jurisdiction, for 2016 and from 2020 for the Mexico federal jurisdiction, and from 2018 for certain other foreign jurisdictions. Our 2016 federal tax return is currently under audit in Mexico. As a result of the statutes of limitation that will begin to expire within the next 12 months in various jurisdictions and possible settlements of audit-related issues with taxing authorities in various jurisdictions with respect to which none of the issues are individually significant, the Company believes that it is reasonably possible that the total amount of its net unrecognized income tax benefits will decrease between $2.2 and $2.7 million in the next twelve months.
At June 30, 2025 and December 31, 2024, the Company had $17.5 million and $0.0 million of total gross unrecognized tax benefits, respectively, that, if recognized, would positively impact the Company’s effective income tax rate. The Company’s continuing practice is to recognize potential interest and/or penalties related to unrecognized tax benefits as part of its income tax expense. At June 30, 2025 and December 31, 2024, the amount of accrued income-tax-related interest and penalties was $4.8 million and $0.0 million, respectively.
In 2021, the Organization for Economic Co-operation and Development (OECD) published Pillar Two Model Rules defining a global minimum tax, which calls for the taxation of large corporations at a minimum rate of 15%. The OECD has since issued administrative guidance providing transition and safe harbor rules around the implementation of the Pillar Two global minimum tax. Effective January 1, 2024, a number of countries have proposed or enacted legislation to implement core elements of the Pillar Two proposal. The Company’s worldwide revenues did not exceed the thresholds necessary to be subject to the Pillar Two rules during its year ended December 31, 2024.
As a result of 2025 business expansions, including the first quarter of 2025 closing of acquisition of SilverCrest Metals Inc., the Company expects to fall within the scope of the Pillar Two rules from January 1, 2025. The Company will continue to monitor developments and evaluate the potential impact on 2025 and future periods. At this time, based on the Company’s current analysis of the Pillar Two provisions and because the Company primarily does business in jurisdictions with a tax rate greater than 15%, the Company does not anticipate a material impact to its Consolidated Financial Statements.
On July 4, 2025, the One Big Beautiful Bill Act (“OBBBA”) was signed into law, extending key provisions of the 2017 Tax Cuts and Jobs Act including, but not limited to, federal bonus depreciation and deductions for domestic research and development expenditures. The Company is currently evaluating OBBBA; however, it is not expected to have a material impact on the Company’s consolidated financial statements.
v3.25.2
Stock-Based Compensation
 6 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
STOCK-BASED COMPENSATION STOCK-BASED COMPENSATION
    The Company has stock incentive plans for executives, directors and eligible employees. Stock awards include performance shares, restricted stock and stock options. Stock-based compensation expense in the three and six months ended June 30, 2025 was $4.2 million and $7.5 million, respectively, compared to $2.7 million and $6.9 million in the three and six months ended June 30, 2024. At June 30, 2025, there was $24.2 million of unrecognized stock-based compensation cost which is expected to be recognized over a weighted-average remaining vesting period of 1.9 years.
Performance shares granted during 2025 vest at the end of a three-year service period if relative stockholder return and internal performance metrics are met. The existence of a market condition requires recognition of compensation cost for the performance share awards over the requisite period regardless of whether the relative stockholder return metric is met. On the other hand, the existence of a performance condition requires recognition of compensation cost for the performance share awards based on the performance achieved ranging from 0%-200%. Outstanding performance shares granted prior to 2025 will vest at the end of a three-year service period if internal performance metrics are met, with the number of shares vesting impacted by the inclusion of a modifier based upon a relative stockholder return metric.
The following table summarizes the grants awarded during the six months ended June 30, 2025:
Grant dateRestricted
stock		Grant date fair
value of
restricted stock
Stock options(1)
Grant date fair
value of
stock options(1)
Performance
shares		Grant date fair
value of
performance
shares
February 14, 2025— $— 3,488,137 $6.61 — $— 
March 12, 202580,954 $5.71 — $— 32,520 $9.94 
May 14, 20251,722,782 $7.39 — $— 1,074,680 $10.42 
(1) Includes 3.3 million shares of Coeur common stock (“Coeur Options”) granted as replacement awards for SilverCrest options that are fully vested and are exercisable at the Transaction date.
    During the six months ended June 30, 2025, 3,202,452 Coeur Options were exercised at a weighted average price of $6.76.
v3.25.2
Fair Value Measurements
 6 Months Ended
Jun. 30, 2025
Fair Value Disclosures [Abstract]  
FAIR VALUE MEASUREMENTS FAIR VALUE MEASUREMENTS
 Three Months Ended June 30,Six Months Ended June 30,
In thousands2025202420252024
Acquired bullion and metal inventory monetization4 — (342)— 
Fair value adjustments, net$4 $— $(342)$— 
Coeur Rochester, Inc., a subsidiary of the Company, had a loan payable of $72.3 million related to the purchase of bullion and metal inventory from SilverCrest that was in effect settled on the date of the Transaction. The acquired bullion and metal inventory was sold during the first quarter of 2025 for proceeds of $72.0 million. The proceeds are included in the operating cash flows for the first quarter and the $0.3 million loss was recorded in Fair value adjustments, net.
Accounting standards establish a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1), secondary priority to quoted prices in inactive markets or observable inputs (Level 2), and the lowest priority to unobservable inputs (Level 3).
The following table presents the Company’s financial assets and liabilities measured at fair value on a recurring basis (at least annually) by level within the fair value hierarchy. Assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement:
 Fair Value at June 30, 2025
In thousandsTotalLevel 1Level 2Level 3  
Assets:
Provisional metal sales contracts$299 $— $299 $— 
Liabilities:
Provisional metal sales contracts$62 $— $62 $— 
 
 Fair Value at December 31, 2024
In thousandsTotalLevel 1Level 2Level 3  
Assets:
Provisional metal sales contracts$222 $— $222 $— 
Liabilities:
Provisional metal sales contracts$70 $— $70 $— 
The Company’s provisional metal sales contracts include concentrate and certain doré sales contracts that are valued using pricing models with inputs derived from observable market data, including forward market prices.
No assets or liabilities were transferred between fair value levels in the six months ended June 30, 2025.
The fair value of financial assets and liabilities carried at book value in the financial statements at June 30, 2025 and December 31, 2024 is presented in the following table:
 June 30, 2025
In thousandsBook ValueFair ValueLevel 1Level 2Level 3  
Liabilities:
2029 Senior Notes(1)
$290,425 $283,528 $— $283,528 $— 
Deferred Cash Due 2025$10,000 $10,000 $— $10,000 $— 
Deferred Cash Due 2026$4,664 $4,599 $— $4,599 $— 
(1) Net of unamortized debt issuance costs of $2.7 million.
 December 31, 2024
In thousandsBook ValueFair ValueLevel 1Level 2Level 3  
Liabilities:
2029 Senior Notes(1)
$290,058 $278,014 $— $278,014 $— 
Revolving Credit Facility(2)
$195,000 $195,000 $— $195,000 $— 
Deferred Cash Due 2025$9,644 $9,673 $— $9,673 $— 
Deferred Cash Due 2026$4,505 $4,533 $— $4,533 $— 
(1) Net of unamortized debt issuance costs of $3.1 million.
(2) Unamortized debt issuance costs of $3.4 million included in Other Non-Current Assets.
The fair value of the 2029 Senior Notes was estimated using quoted market prices. The fair value of the RCF approximates book value as the liability is secured, has a variable interest rate, and lacks significant credit concerns.
In July 2024, the Company completed the purchase of mining concessions adjacent to the Palmarejo complex from Fresnillo. Total consideration includes a cash payment of $10 million paid at closing, the Deferred Cash Due 2025 of $10 million, which was paid in July 2025, and the Deferred Cash Due 2026 of $5 million. The fair value of the Deferred Cash Due 2025 and Deferred Cash Due 2026 was estimated using the pricing model with inputs derived from observable data, including yield curves and credit spreads. The model inputs can generally be verified and do not involve significant management judgment. Such instruments are classified within Level 2 of the fair value hierarchy.
v3.25.2
Derivative Financial Instruments
 6 Months Ended
Jun. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
DERIVATIVE FINANCIAL INSTRUMENTS DERIVATIVE FINANCIAL INSTRUMENTS & HEDGING ACTIVITIES
The Company is exposed to various market risks, including the effect of changes in metal prices, foreign currency exchange rates and interest rates, and uses derivatives to manage financial exposures that occur in the normal course of business. Derivative gains and losses are included in operating cash flows in the period in which they contractually settle. The Company does not hold or issue derivatives for trading or speculative purposes.
The Company may elect to designate certain derivatives as hedging instruments under U.S. GAAP. The Company formally documents all relationships between designated hedging instruments and hedged items as well as its risk management objectives and strategies for undertaking hedge transactions. This process includes linking all derivatives designated as hedges to either recognized assets or liabilities or forecasted transactions and assessing, both at inception and on an ongoing basis, the effectiveness of the hedging relationships.
Derivatives Designated as Cash Flow Hedging Strategies
To protect the Company’s exposure to fluctuations in metal prices, particularly during times of elevated capital expenditures, in the past the Company has entered into forward contracts. The contracts were net settled monthly, and if the actual price of gold or silver at the time of expiration is lower than the fixed price or higher than the fixed price, it resulted in a realized gain or loss, respectively. The Company elected to designate these instruments as cash flow hedges of forecasted transactions at their inception. At June 30, 2025 and December 31, 2024, the Company had no outstanding derivative cash flow hedge instruments.
The effective portions of cash flow hedges were recorded in Accumulated other comprehensive income (loss) (“AOCI”) until the hedged item was recognized in earnings. Deferred gains and losses associated with cash flow hedges of metal sales revenue were recognized as a component of Revenue in the same period as the related sale is recognized.
The following table sets forth the after-tax gains (losses) on derivatives designated as cash flow hedges that have been included in AOCI and the Condensed Consolidated Statement of Comprehensive Income (Loss) for the three and six months ended June 30, 2025 and 2024, respectively (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
 Amount of Gain (Loss) Recognized in AOCI
Gold forwards$— $(3,893)$— $(10,886)
Silver forwards— (6,988)— (7,621)
$— $(10,881)$— $(18,507)
Amount of (Gain) Loss Reclassified from AOCI to Earnings
Gold forwards$— $11,887 $— $12,867 
Silver forwards— 5,141 — 4,309 
$— $17,028 $— $17,176 
Derivatives Not Designated as Hedging Instruments
Provisional Metal Sales
The Company enters into sales contracts with third-party smelters, refiners and off-take customers which, in some cases, provide for a provisional payment based upon preliminary assays and quoted metal prices. The provisionally priced sales contracts contain an embedded derivative that is required to be separated from the host contract for accounting purposes. The host contract is the receivable recorded at the forward price at the time of sale. The embedded derivatives do not qualify for hedge accounting and are marked to market through earnings each period until final settlement.
The Company acquired existing zero cost collar hedges for 1,600 ounces of gold and 200,000 ounces of silver on February 14, 2025 as part of its acquisition of SilverCrest that settled monthly through March 2025. The Company had no outstanding gold or silver hedging contracts at June 30, 2025.
At June 30, 2025, the Company had the following derivative instruments that settle as follows:
In thousands except average prices and notional ounces20252026 and Thereafter
Provisional gold sales contracts$44,127 $— 
Average gold price per ounce$3,349 $— 
Notional ounces13,175 — 
The following summarizes the classification of the fair value of the derivative instruments:
 June 30, 2025
In thousandsPrepaid expenses and otherAccrued liabilities and other
Provisional metal sales contracts$299 $62 
 December 31, 2024
In thousandsPrepaid expenses and otherAccrued liabilities and other
Provisional metal sales contracts$222 $70 
The following represent mark-to-market gains (losses) on derivative instruments in the three and six months ended June 30, 2025 and 2024, respectively (in thousands):
 Three Months Ended June 30,Six Months Ended June 30,
Financial statement lineDerivative2025202420252024
RevenueProvisional metal sales contracts$(122)$(998)$85 $(508)
$(122)$(998)$85 $(508)
Credit Risk
The credit risk exposure related to any derivative instrument is limited to the unrealized gains, if any, on outstanding contracts based on current market prices. To reduce counter-party credit exposure, the Company enters into contracts with institutions management deems credit-worthy and limits credit exposure to each institution. The Company does not anticipate non-performance by any of its counterparties.
v3.25.2
Additional Comprehensive Income (Loss) Detail
 6 Months Ended
Jun. 30, 2025
Other Income and Expenses [Abstract]  
Additional Comprehensive Income (Loss) Detail ADDITIONAL COMPREHENSIVE INCOME (LOSS) DETAIL
Pre-development, reclamation, and other consists of the following:
 Three Months Ended June 30,Six Months Ended June 30,
In thousands2025202420252024
Silvertip ongoing carrying costs$2,423 $2,055 $5,050 $4,416 
Loss on sale of assets120 640 303 4,176 
Asset retirement accretion4,900 4,154 9,632 8,230 
Kensington royalty settlement(1)
— — (95)6,750 
Transaction costs2,823 — 11,710 — 
Other2,895 1,741 3,514 3,246 
Pre-development, reclamation and other$13,161 $8,590 $30,114 $26,818 
(1) See Note 17 -- Commitments and Contingencies for additional details on the Kensington royalty settlement.

Other, net consists of the following:
 Three Months Ended June 30,Six Months Ended June 30,
In thousands2025202420252024
Foreign exchange gain (loss)$246 $2,089 $(512)$1,724 
Flow-through shares112 1,455 741 3,945 
RMC bankruptcy distribution38 1,199 38 1,199 
Other1,064 379 1,599 1,027 
Other, net$1,460 $5,122 $1,866 $7,895 
v3.25.2
Net Income (Loss) Per Share
 6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Earnings Per Share NET INCOME (LOSS) PER SHARE
Basic net income (loss) per share is computed by dividing net income (loss) available to common stockholders by the weighted average number of shares of the Company’s common stock outstanding during the period. Diluted net income (loss) per share reflects the potential dilution that would occur if securities or other contracts to issue common stock were exercised or converted into common stock.
For the three and six months ended June 30, 2025, there were 1.1 million and 2.8 million common stock equivalents, respectively, related to equity-based awards that were not included in the diluted earnings per share calculation as the shares would be antidilutive. Similarly, 29,130 and 4.6 million common stock equivalents were excluded in the diluted earnings per share calculation for the three and six months ended June 30, 2024, respectively.
Three months ended June 30,Six months ended June 30,
In thousands except per share amounts2025202420252024
Net income (loss) available to common stockholders$70,726 $1,426 $104,079 $(27,691)
Weighted average shares:
Basic637,173 393,838 576,176 389,403 
Effect of stock-based compensation plans5,903 6,071 6,244 — 
Diluted643,076 399,909 582,420 389,403 
Income (loss) per share:
Basic$0.11 $0.00 $0.18 $(0.07)
Diluted$0.11 $0.00 $0.18 $(0.07)
On May 27, 2025, the Company announced a $75.0 million share repurchase program (the “Program”), effective through May 31, 2026. Under the Program, repurchases may be carried out from time to time through opportunistic open-market purchases or by other means in amounts and at prices that Coeur deems appropriate, subject to market and business conditions, applicable legal requirements and other considerations. On June 11, 2025, the Company entered into a 10b-18 share repurchase agreement (the “10b-18 Agreement”) and an issuer securities repurchase 10b5-1 plan (the “Company 10b5-1 Plan”) with BMO Capital Markets Corp. as the Company’s broker.
The following table summarizes repurchases made pursuant to the 10b-18 Agreement in the quarter ended June 30, 2025 and the approximate dollar value of stock that may yet be purchased pursuant to the Program:
Period(a) Total number of shares purchased(b) Average price paid per share(c) Total number of shares purchased as part of publicly announced Program (d) Approximate dollar value of shares that may yet be purchased under the Program (in millions)
April 1, 2025 - April 30, 2025— — — — 
May 1, 2025 - May 31, 2025— — — $75.0 
June 1, 2025 - June 30, 2025216,500 $9.24 216,500 $73.0 
Total216,500 $9.24 216,500 
v3.25.2
Supplemental Guarantor Information
 6 Months Ended
Jun. 30, 2025
Condensed Financial Information Disclosure [Abstract]  
SUPPLEMENTAL GUARANTOR INFORMATION SUPPLEMENTAL GUARANTOR INFORMATION
The following summarized financial information is presented to satisfy disclosure requirements of Rule 13-01 of Regulation S-X resulting from the guarantees by Coeur Alaska, Inc., Coeur Explorations, Inc., Coeur Rochester, Inc., Coeur South America Corp., Wharf Resources (U.S.A.), Inc. and its subsidiaries, Coeur Capital, Inc., Sterling Intermediate Holdco, Inc., and Coeur Sterling Holdings LLC (collectively, the “Subsidiary Guarantors”) of the 2029 Senior Notes. The following schedules present summarized financial information of (a) Coeur, the parent company, and (b) the Subsidiary Guarantors (collectively the “Obligor Group”). The summarized financial information of the Obligor Group is presented on a combined basis with intercompany balances and transactions between entities in the Obligor Group eliminated. The Obligor Group’s amounts due from, amounts due to and transactions with certain wholly-owned domestic and foreign subsidiaries of the Company have been presented in separate line items, if they are material. Each of the Subsidiary Guarantors is 100% owned by Coeur and the guarantees are full and unconditional and joint and several obligations. There are no restrictions on the ability of Coeur to obtain funds from the Subsidiary Guarantors by dividend or loan.
SUMMARIZED BALANCE SHEET
Coeur Mining, Inc.Subsidiary Guarantors
In thousandsJune 30, 2025December 31, 2024June 30, 2025December 31, 2024
Current assets$13,127 $13,782 $223,934 $164,627 
Non-current assets(1)
$643,977 $516,209 $1,489,129 $1,483,632 
Non-guarantor intercompany assets$2,588 $3,144 $— $— 
Current liabilities$16,849 $31,841 $160,616 $202,329 
Non-current liabilities$306,734 $496,976 $255,266 $260,210 
Non-guarantor intercompany liabilities$2,402 $2,642 $1,663 $1,570 
(1) Coeur Mining, Inc.’s non-current assets include its investment in Guarantor Subsidiaries.



SUMMARIZED STATEMENTS OF INCOME
SIX MONTHS ENDED JUNE 30, 2025
In thousandsCoeur Mining, Inc.Subsidiary Guarantors
Revenue$— $470,098 
Gross profit (loss)$(370)$176,996 
Net income (loss)$104,079 $129,122 
v3.25.2
Commitments and Contingencies
 6 Months Ended
Jun. 30, 2025
Commitments and Contingencies Disclosure [Abstract]  
COMMITMENTS AND CONTINGENCIES COMMITMENTS AND CONTINGENCIES
Mexico Litigation Matters
As of June 30, 2025, $27.9 million in principal is due from the Mexican government associated with amounts that were paid as VAT under Coeur Mexicana, S.A. de C.V.’s (“Coeur Mexicana’s”) prior royalty agreement with a subsidiary of Franco-Nevada Corporation, which was terminated in 2016. Coeur Mexicana applied for and initially received refunds in the normal course of these amounts paid as VAT associated with the royalty payments; however, in 2011 the Mexican tax authorities began denying refunds of these amounts based on the argument that VAT was not legally due on the royalty payments. Accordingly, Coeur Mexicana began to request refunds of these amounts paid as VAT as undue payments, which the Mexican tax authorities also denied. The Company has since been engaged in ongoing efforts to recover these amounts from the Mexican government (including through refiling refund requests as undue payments rather than refunds of VAT that were due, litigation and international arbitration). Despite a favorable ruling from Mexican tax courts in this matter in 2019, Mexico still has not returned the payments. While the Company believes that it remains legally entitled to be refunded the full amount of the receivable and intends to rigorously continue its recovery efforts, based on the continued failure to recover the receivable and certain unfavorable Mexican court decisions, the Company determined to write down the carrying value of the receivable at September 30, 2021. Coeur initiated an arbitration proceeding against Mexico under Annex 14-C of the United States-Mexico-Canada Agreement, or USMCA, for violations of the North American Free Trade Agreement, or NAFTA, to pursue recovery of the unduly paid VAT plus interest and other damages. Outcomes in arbitration and the process for recovering funds even if there is a successful outcome in arbitration can be lengthy and unpredictable.
Palmarejo Gold Stream
Coeur Mexicana currently sells 50% of Palmarejo gold production (excluding production from certain properties acquired in 2015 and 2024) to a subsidiary of Franco-Nevada Corporation (“Franco-Nevada”) under a gold stream agreement for the lesser of $800 or spot price per ounce (“Franco-Nevada Gold Stream Agreement”). The Franco-Nevada Gold Stream Agreement supersedes an earlier arrangement made in January 2009 in which Franco-Nevada purchased a royalty covering 50% of the gold produced by Coeur Mexicana from its Palmarejo silver and gold mine in Mexico in exchange for total consideration of $78.0 million, consisting of $75.0 million in cash plus a warrant to acquire Franco-Nevada Common Shares that was then-valued at $3.0 million (the “Prior Gold Stream Agreement”). The Prior Gold Stream Agreement was terminated in 2014 and its minimum ounce delivery requirement satisfied in 2016, after which sales under the Franco-Nevada Gold Stream Agreement commenced. Under the Franco-Nevada Gold Stream Agreement, Coeur Mexicana received a $22.0 million deposit toward future deliveries. In accordance with generally accepted accounting principles, although Coeur Mexicana has satisfied its contractual obligation to repay the deposit to Franco-Nevada, the deposit is accounted for as deferred revenue and is recognized as revenue on a units-of-production basis as ounces are sold to Franco-Nevada. Because there is no minimum obligation associated with the deposit, it is not considered a financing, and each shipment is considered to be a separate performance obligation. The Franco-Nevada Gold Stream Agreement represents a contract liability under ASC 606, which
requires the Company to ratably recognize a portion of the deposit as revenue for each gold ounce delivered to Franco-Nevada. The remaining unamortized balance is included in Accrued liabilities and other and Other long-term liabilities on the Consolidated Balance Sheet.
The following table presents a roll forward of the Franco-Nevada contract liability balance:
Three Months Ended June 30,Six Months Ended June 30,
In thousands2025202420252024
Opening Balance$6,230 $6,784 $6,382 $6,943 
Revenue Recognized(192)(118)(344)(277)
Closing Balance$6,038 $6,666 $6,038 $6,666 
Metal Sales Prepayments
In December 2024, Wharf and Rochester received additional prepayments of $12.5 million and $17.5 million, respectively, all of which were recognized as revenue in the first quarter of 2025. At June 30, 2025, there was no remaining contract liability.
In June 2019, Coeur amended its existing sales and purchase contract with a metal sales counterparty for gold concentrate from its Kensington mine (the “Amended Sales Contract”). From time to time thereafter, the Amended Sales Contract has been further amended to allow for additional prepayments. The metal sales prepayments represented a contract liability under ASC 606, which required the Company to recognize ratably a portion of the deposit as revenue for each gold and silver ounce delivered to the customer. The remaining contract liability was included in Accrued liabilities and other on the Condensed Consolidated Balance Sheet.
The following table presents a roll forward of the prepayment contract liability balance:
Three Months Ended June 30,Six Months Ended June 30,
In thousands2025202420252024
Opening Balance$— $55,112 $42,164 $55,082 
Additions— 30,175 — 85,205 
Revenue Recognized— (42,005)(42,164)(97,005)
Closing Balance$— $43,282 $— $43,282 
Kensington Royalty Matter
On March 28, 2024, the Company and its subsidiary Coeur Alaska, Inc. (“Coeur Alaska”) entered into a settlement agreement to resolve litigation with Maverix Metals Inc. and Maverix Metals (Nevada) Inc. (collectively, “Maverix”) regarding the terms of a royalty impacting a portion of the Kensington mine property (the “Maverix Litigation”). While Coeur Alaska continued to believe its claims and counterclaims in the matter were valid, it determined that the settlement was appropriate given the inherent uncertainty presented in litigation matters. Coeur Alaska and Maverix agreed to amend the terms of the royalty to decrease the effective rate of the royalty and to eliminate the concept of cost recoupment provided for in the original royalty. The amended royalty now provides that Coeur Alaska pays a net returns royalty on up to two million troy ounces of gold produced at a rate of: (i) 1.25% for production occurring from January 1, 2024 through December 31, 2026 and (ii) 1.5% for production occurring on or after January 1, 2027. The Company also agreed to issue shares of its common stock to an affiliate of Maverix (“Settlement Shares”), consisting of 737,210 shares that were issued in April 2024 and 595,267 shares that were issued in March 2025. The issuances of the Settlement Shares were made pursuant to the exemption from the registration requirements afforded by Section 4(a)(2) of the Securities Act of 1933, as amended.
Other Commitments and Contingencies
The Company, either directly or through its subsidiaries, has a number of active litigation matters related to labor and employment matters involving its operations in the U.S. and Mexico. Although the Company intends to vigorously defend its interests in these matters, litigation is inherently uncertain and the Company has determined it is reasonably possible that it may incur a loss of $1 million to $13 million in these matters. This good faith estimate of the potential loss in these matters includes estimates of penalties and interest through the date of this Report, but such penalties and interest may continue to grow during the course of legal proceedings.
As part of its ongoing business and operations, the Company and its affiliates are required to provide surety bonds, bank letters of credit, bank guarantees and, in some cases, cash as financial support for various purposes, including
environmental remediation, reclamation, and other general corporate purposes. As of June 30, 2025 and December 31, 2024, the Company had surety bonds totaling $363.9 million and $363.7 million, respectively, in place as financial support for future reclamation and closure costs. The obligations associated with these instruments are generally related to performance requirements that the Company addresses through its ongoing operations and, from time to time, the Company may be required to post collateral, including cash or letters of credit which reduce availability under its revolving credit facility, to support these instruments. As the specific requirements are met, the beneficiary of the associated instrument cancels and/or returns the instrument to the issuing entity. Certain of these instruments are associated with operating sites with long-lived assets and will remain outstanding until closure. The Company believes it is in compliance with all applicable bonding obligations and will be able to satisfy future bonding requirements through existing or alternative means, as they arise.
v3.25.2
Additional Balance Sheet Detail and Supplemental Cash Flow Information
 6 Months Ended
Jun. 30, 2025
Supplemental Cash Flow Information [Abstract]  
Cash Flow, Supplemental Disclosures [Text Block] ADDITIONAL BALANCE SHEET DETAIL AND SUPPLEMENTAL CASH FLOW INFORMATION
Accrued liabilities and other consist of the following:
In thousandsJune 30, 2025December 31, 2024
Accrued salaries and wages$29,460 $31,151 
Flow-through share premium received112 853 
Deferred revenue (1)
750 42,863 
Income and mining taxes53,790 36,490 
Kensington royalty settlement (1)
— 3,750 
Deferred Cash Due 2025(2)
10,000 9,644 
Accrued operating costs7,032 6,577 
Unrealized losses on derivatives62 70 
Taxes other than income and mining17,472 5,491 
Accrued interest payable6,921 8,122 
Operating lease liabilities13,546 11,598 
Accrued liabilities and other$139,145 $156,609 
(1) See Note 17 -- Commitments and Contingencies for additional details on deferred revenue liabilities.
(2) See Note 12 -- Fair Value Measurements for additional details on Deferred Cash Due 2025.
The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the Condensed Consolidated Balance Sheets that total the same such amounts shown in the Condensed Consolidated Statements of Cash Flows in the three and six months ended June 30, 2025 and 2024:
In thousandsJune 30, 2025June 30, 2024
Cash and cash equivalents$111,646 $74,136 
Restricted cash equivalents(1)
1,824 1,755 
Total cash, cash equivalents and restricted cash shown in the statement of cash flows$113,470 $75,891 
(1) Restricted cash equivalents are included in Prepaid expenses and other and Restricted assets on the Condensed Consolidated Balance Sheet.
v3.25.2
Insider Trading Arrangements
 3 Months Ended
Jun. 30, 2025
shares
Trading Arrangements, by Individual  
Rule 10b5-1 Arrangement Adopted false
Non-Rule 10b5-1 Arrangement Adopted false
Non-Rule 10b5-1 Arrangement Terminated false
Mitchell J. Krebs [Member]  
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement
On June 5, 2025, Mitchell J. Krebs, Chairman, President and Chief Executive Officer, terminated the trading arrangement for the sale of shares of the Company’s common stock he had previously adopted on February 21, 2025 (the “February Krebs 10b5-1 Plan”) in accordance with Rule 10b5-1 of the Exchange Act. On June 6, 2025, Mr. Krebs adopted a new trading arrangement for the sale of the shares of the Company’s common stock (the “June Krebs 10b5-1 Plan”). The June Krebs 10b5-1 Plan was entered into during an open trading window in accordance with the Company’s Insider Trading Policy and is intended to satisfy the affirmative defense requirements of Rule 10b5-1(c) under the Exchange Act. The June Krebs 10b5-1 Plan provides for the sale of up to 250,000 shares of the Company’s common stock between September 5, 2025 and February 15, 2026, pursuant to terms specified in the June Krebs 10b5-1 Plan.
Name Mitchell J. Krebs
Title Chairman, President and Chief Executive Officer
Rule 10b5-1 Arrangement Terminated true
Termination Date June 5, 2025
Expiration Date February 15, 2026
Arrangement Duration 255 days
Aggregate Available 250,000
v3.25.2
Summary of Significant Accounting Policies (Policies)
 6 Months Ended
Jun. 30, 2025
Accounting Policies [Abstract]  
Risks and Uncertainties
Please see Note 2 — Summary of Significant Accounting Policies contained in the 2024 10-K.
Use of Estimates, Policy
Use of Estimates
The Company's Condensed Consolidated Financial Statements have been prepared in accordance with United States Generally Accepted Accounting Principles (“U.S. GAAP”). The preparation of the Company’s Condensed Consolidated Financial Statements requires the Company to make estimates and assumptions that affect the reported amounts of assets and liabilities and the related disclosure of contingent assets and liabilities at the date of the Condensed Consolidated Financial Statements and reported amounts of revenues and expenses during the reporting period. The more significant areas requiring the use of management estimates and assumptions relate to metal prices and mineral reserves that are the basis for future cash flow estimates utilized in impairment calculations and units-of production amortization calculations, environmental, reclamation and closure obligations, estimates of recoverable silver and gold on stockpiles and leach pad inventories, estimates of fair value for certain reporting units and asset impairments, valuation allowances for deferred tax assets, and the fair value and accounting treatment of financial instruments, equity securities, asset acquisitions, the allocation of fair value to assets and liabilities assumed in connection with business combinations, and derivative instruments. The Company bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances. Accordingly, actual results will differ from the amounts estimated in these financial statements.
Ore on Leach Pad
Ore on Leach Pads
The heap leach process extracts silver and gold by placing ore on an impermeable pad and applying a diluted cyanide solution that dissolves a portion of the contained silver and gold, which are then recovered in metallurgical processes. The Company uses several integrated steps to scientifically measure the metal content of ore placed on the leach pads. As the ore body is drilled in preparation for the blasting process, samples are taken of the drill residue which are assayed to determine estimated quantities of contained metal. The Company then processes the ore through crushing facilities where the output is again weighed and sampled for assaying. A metallurgical reconciliation with the data collected from the mining operation is completed with appropriate adjustments made to previous estimates. The crushed ore is then transported to the leach pad for application of the leaching solution. As the leach solution is collected from the leach pads, it is continuously sampled for assaying. The quantity of leach solution is measured by flow meters throughout the leaching and precipitation process. After precipitation, the product is converted to doré at the Rochester mine and a form of gold electrolytic cathodic sludge at the Wharf mine, representing the final product produced by each mine. The inventory is stated at lower of cost or net realizable value, with cost being determined using a weighted average cost method.

The historical cost of metal expected to be extracted within 12 months is classified as current and the historical cost of metals contained within the broken ore expected to be extracted beyond 12 months is classified as non-current. Ore on leach pads is valued based on actual production costs incurred to produce and place ore on the leach pad, less costs allocated to minerals recovered through the leach process.

The estimate of both the ultimate recovery expected over time and the quantity of metal that may be extracted relative to the time the leach process occurs requires the use of estimates, which are inherently inaccurate due to the nature of the leaching process. The quantities of metal contained in the ore are based upon actual weights and assay analysis. The rate at which the leach process extracts gold and silver from the crushed ore is based upon laboratory testing and actual experience of more than 20 years of leach pad operations at the Rochester mine and 30 years of leach pad operations at the Wharf mine. The assumptions used by the Company to measure metal content during each stage of the inventory conversion process includes estimated recovery rates based on laboratory testing and assaying. The Company periodically reviews its estimates compared to
actual experience and revises its estimates when appropriate. The ultimate recovery will not be known until leaching operations cease. Variations between actual and estimated quantities resulting from changes in assumptions and estimates that do not result in write-downs to net realizable value are accounted for on a prospective basis. There are five reusable heap leach pads (load/offload) used at Wharf. Each pad goes through an approximate 24-month process of loading of ore, leaching and offloading which includes a neutralization and denitrification process. During the leaching cycle of each pad, revised estimated recoverable ounces for each of the pads may result in an upward or downward revision from time to time, which generally have not been significant. Updated recoverable ounce estimates are considered changes in estimate and were accounted for prospectively. As of June 30, 2025, the Company’s estimated recoverable ounces of gold and silver on the leach pads were 61,533 and 8.3 million, respectively.
Goodwill and Intangible Assets, Goodwill, Policy
Goodwill
Goodwill represents the excess of the purchase price over the estimated fair value of the net assets acquired in a business acquisition. Goodwill is allocated to reporting units and tested for impairment annually as of December 31 and when events or changes in circumstances indicate that the carrying value of a reporting unit exceeds its fair value. Each operating mine is considered a distinct reporting unit for purposes of goodwill impairment testing.
The Company may elect to perform a qualitative assessment if it is more likely than not that the fair value exceeds the carrying value. If the Company determines that it is more likely than not that the fair value is less than the carrying value, a quantitative goodwill impairment test is performed to determine the fair value of the reporting unit. The fair value of a reporting unit is determined using either the income approach utilizing estimates of discounted future cash flows or the market approach utilizing recent transaction activity for comparable properties. These approaches are considered Level 3 fair value measurements. If the carrying amount of the reporting unit exceeds its fair value, an impairment loss is recognized in an amount equal to that excess, limited to the total amount of goodwill allocated to that reporting unit.
Recent Accounting Standards
Recently Issued Accounting Standards
In December 2023, the FASB issued ASU 2023-09, “Income Taxes (Topic 740): Improvements to Income Tax Disclosures”, which modifies the rules on income tax disclosures to require entities to disclose (1) specific categories in the rate reconciliation, (2) the income or loss from continuing operations before income tax expense or benefit (separated between domestic and foreign) and (3) income tax expense or benefit from continuing operations (separated by federal, state and foreign). ASU 2023-09 also requires entities to disclose their income tax payments to international, federal, state and local jurisdictions, among other changes. The guidance is effective for annual periods beginning after December 15, 2024. Although early adoption is permitted for annual financial statements that have not yet been issued or made available for issuance, the Company believes that there is no material impact to the reader in early adoption. The Company plans to adopt this new guidance on our Consolidated Financial Statements and related disclosures on reporting year ending December 31, 2025.
In November 2024, the FASB issued ASU 2024-03, Income Statement - Reporting Comprehensive Income (Topic 220): Expense Disaggregation Disclosures, which includes amendments to require the disclosure of certain specific costs and expenses that are included in a relevant expense caption on the face of the income statement. Specific costs and expenses that would be required to be disclosed include: purchases of inventory, employee compensation, depreciation and intangible asset amortization. Additionally, a qualitative description of other items is required, equal to the difference between the relevant expense caption and the separately disclosed specific costs. The amendments in ASU 2024-03 are effective for fiscal years beginning after December 15, 2026, and for interim periods beginning after December 15, 2027, and are applied either prospectively or retrospectively at the option of the Company. We are evaluating the impact of the amendments on our Condensed Consolidated Financial Statements and related disclosures.
Recently Adopted Accounting Standards
Recently Adopted Accounting Standards
In November 2023, the FASB issued ASU 2023-07, “Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures”, which is intended to improve reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses. The guidance is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted. The guidance is to be applied retrospectively to all prior periods presented in the financial statements. Upon transition, the segment expense categories and amounts disclosed in the prior periods should be based on the significant segment expense categories identified and disclosed in the period of adoption. We have adopted the new standard effective December 31, 2024 retrospectively for all periods presented. See Note 4 -- Segment Reporting for all periods presented with the new required disclosures. The new standard did not impact our Consolidated Financial Statements.
v3.25.2
Acquisitions (Tables)
 6 Months Ended
Jun. 30, 2025
Business Combination [Abstract]  
Schedule of Purchase Price and Acquired Assets and Liabilities
The following table summarizes the preliminary purchase price allocation for the Transaction as of June 30, 2025:
(Amounts in thousands, except shares and share price amounts)
Common shares issued (239,331,799 at $6.61)
$1,581,983 
Fair value of replacement stock-based compensation awarded(1)
8,539 
Fair value of Coeur payable to SilverCrest repurchased(72,311)
Total purchase price$1,518,211 
Assets:
Cash and cash equivalents$103,724 
Short-term receivables23,292 
Inventory153,826 
Prepaid expenses and other15,213 
Property, plant and equipment and mining properties1,006,736 
Other5,596 
Total Assets$1,308,387 
Liabilities:
Accounts payable16,774 
Accrued liabilities and other22,959 
Debt846 
Reclamation8,644 
Deferred tax liabilities (2)
335,563 
Other long-term liabilities18,745 
Total liabilities$403,531 
Net identifiable assets acquired$904,856 
Goodwill613,355 
Net assets acquired$1,518,211 
(1) As of June 30, 2025,2.3 million common shares were issued related to the exercise of 3.2 million replacement options.
(2) Deferred income tax liabilities represent the future tax expense associated with the differences between the preliminary fair value allocated to assets (excluding goodwill) and liabilities and a tax basis increase to the preliminary fair value of the assets acquired in Mexico and the historical carryover tax basis of assets and liabilities in all other jurisdictions. No deferred tax liability is recognized for the basis difference inherent in the preliminary fair value allocated to goodwill.
Schedule of Pro Forma Information The following unaudited pro forma financial information presents consolidated results assuming the Transaction occurred on January 1, 2024.
Three Months EndedSix Months Ended
June 30, 2025June 30, 2024June 30, 2025June 30, 2024
Revenue$480,650 $294,767 $895,689 $571,473 
Net income (loss)$103,230 $(38,360)$177,847 $(98,625)
v3.25.2
Segment Reporting (Tables)
 6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Financial information relating to the reporting segments
Financial information relating to the Company’s segments is as follows (in thousands):
Three Months Ended June 30, 2025Las ChispasPalmarejoRochesterKensingtonWharfSilvertip OtherTotal
Revenue
Gold sales$53,125 $56,067 $46,267 $89,726 $77,929 $— $— $323,114 
Silver sales49,525 58,072 48,710 40 1,189 — — 157,536 
Metal sales102,650 114,139 94,977 89,766 79,118 — — 480,650 
Costs and Expenses
Costs applicable to sales(1)
57,747 48,703 47,928 46,083 28,993 — — 229,454 
Amortization22,375 9,406 16,748 10,221 1,549 928 194 61,421 
Exploration3,262 4,014 1,224 1,535 3,479 9,228 514 23,256 
Other operating expenses(2)
925 2,989 2,651 622 1,118 2,929 15,177 26,411 
Costs and expenses84,309 65,112 68,551 58,461 35,139 13,085 15,885 340,542 
Income (loss) from operations18,341 49,027 26,426 31,305 43,979 (13,085)(15,885)140,108 
Other income (expense)
Fair value adjustments, net— — 4 — — — — 4 
Interest expense, net16 (84)(2,615)(80)(19)— (5,469)(8,251)
Other, net(3)
804 (1,264)(152)(176)(29)(84)2,361 1,460 
Income (loss) before income and mining taxes19,161 47,679 23,663 31,049 43,931 (13,169)(18,993)133,321 
Income and mining tax (expense) benefit(35,206)(9,415)(3,821)(2,397)(9,341)— (2,415)(62,595)
Net Income (loss) $(16,045)$38,264 $19,842 $28,652 $34,590 $(13,169)$(21,408)$70,726 
Segment assets(4)
$1,725,990 $308,483 $1,253,548 $246,478 $124,995 $221,675 $58,061 $3,939,230 
Capital expenditures$9,200 $5,643 $24,466 $16,318 $3,591 $1,528 $61 $60,807 

(1) Excludes amortization.
(2) Other operating expenses include General and administrative and Pre-development, reclamation, and other
(3) See Note 14 -- Additional Comprehensive Income (Loss) Detail for additional detail.
(4) Segment assets include receivables, prepaids, inventories, property, plant and equipment, mineral interests, and goodwill.
Three Months Ended June 30, 2024PalmarejoRochesterKensingtonWharfSilvertipOtherTotal
Revenue
Gold sales$42,411 $17,368 $51,104 $43,202 $— $— $154,085 
Silver sales40,835 25,396 (50)1,760 — — 67,941 
Metal sales83,246 42,764 51,054 44,962 — — 222,026 
Costs and Expenses
Costs applicable to sales(1)
48,227 36,655 40,721 19,114 — — 144,717 
Amortization10,843 8,570 6,445 1,067 790 213 27,928 
Exploration2,578 977 1,291 1,126 6,445 457 12,874 
Other operating expenses(2)
2,446 2,826 1,129 1,144 2,404 9,882 19,831 
Costs and expenses64,094 49,028 49,586 22,451 9,639 10,552 205,350 
Income (loss) from operations19,152 (6,264)1,468 22,511 (9,639)(10,552)16,676 
Other income (expense)
Gain on debt extinguishment— — — — — (21)(21)
Fair value adjustments, net— — — — — — — 
Interest expense, net397 (1,055)(499)(125)(4)(11,876)(13,162)
Other, net(3)
2,881 (146)(82)(45)18 2,496 5,122 
Income (loss) before income and mining taxes22,430 (7,465)887 22,341 (9,625)(19,953)8,615 
Income and mining tax (expense) benefit(7,311)672 — (1,872)— 1,322 (7,189)
Net Income (loss)$15,119 $(6,793)$887 $20,469 $(9,625)$(18,631)$1,426 
Segment assets(4)
$302,034 $1,125,586 $196,671 $108,268 $213,833 $51,885 $1,998,277 
Capital expenditures$5,871 $27,530 $16,477 $1,156 $350 $21 $51,405 

(1) Excludes amortization.
(2) Other operating expenses include General and administrative and Pre-development, reclamation, and other
(3) See Note 14 -- Additional Comprehensive Income (Loss) Detail for additional detail.
(4) Segment assets include receivables, prepaids, inventories, property, plant and equipment, mineral interests, and goodwill.

Six Months Ended June 30, 2025Las ChispasPalmarejoRochesterKensingtonWharfSilvertip OtherTotal
Revenue
Gold sales$81,007 $99,762 $88,050 $154,933 $134,689 $— $— $558,441 
Silver sales79,662 110,183 89,553 76 2,797 — — 282,271 
Metal sales160,669 209,945 177,603 155,009 137,486 — — 840,712 
Costs and Expenses
Costs applicable to sales(1)
100,581 92,406 96,464 88,239 56,030 — — 433,720 
Amortization31,311 18,587 31,655 17,692 3,023 1,874 372 104,514 
Exploration5,140 7,874 2,691 4,836 6,108 15,335 954 42,938 
Other operating expenses(2)
992 4,618 5,405 1,192 2,306 6,007 36,756 57,276 
Costs and expenses138,024 123,485 136,215 111,959 67,467 23,216 38,082 638,448 
Income (loss) from operations22,645 86,460 41,388 43,050 70,019 (23,216)(38,082)202,264 
Other income (expense)
Fair value adjustments, net— — (342)— — — — (342)
Interest expense, net(1)(69)(4,873)(257)(117)— (13,384)(18,701)
Other, net(3)
1,232 (1,952)(240)(261)(72)13 3,146 1,866 
Income (loss) before income and mining taxes23,876 84,439 35,933 42,532 69,830 (23,203)(48,320)185,087 
Income and mining tax (expense) benefit(37,058)(20,514)(4,434)(2,885)(11,863)— (4,254)(81,008)
Net Income (loss) $(13,182)$63,925 $31,499 $39,647 $57,967 $(23,203)$(52,574)$104,079 
Segment assets(4)
$1,725,990 $308,483 $1,253,548 $246,478 $124,995 $221,675 $58,061 $3,939,230 
Capital expenditures$14,538 $11,500 $39,319 $31,791 $10,955 $2,382 $324 $110,809 
(1) Excludes amortization.
(2) Other operating expenses include General and administrative and Pre-development, reclamation, and other
(3) See Note 14 -- Additional Comprehensive Income (Loss) Detail for additional detail.
(4) Segment assets include receivables, prepaids, inventories, property, plant and equipment, mineral interests, and goodwill.
Six Months Ended June 30, 2024PalmarejoRochesterKensingtonWharfSilvertipOtherTotal
Revenue
Gold sales$96,313 $30,049 $94,589 $84,903 $— $— $305,854 
Silver sales83,311 42,544 (16)3,393 — — 129,232 
Metal sales179,624 72,593 94,573 88,296 — — 435,086 
Costs and Expenses
Costs applicable to sales(1)
102,521 63,654 80,010 44,529 — — 290,714 
Amortization23,445 15,203 12,041 2,460 1,642 434 55,225 
Exploration5,063 1,408 2,836 1,249 11,725 1,084 23,365 
Other operating expenses(2)
4,700 8,576 8,755 2,245 5,109 23,078 52,463 
Costs and expenses135,729 88,841 103,642 50,483 18,476 24,596 421,767 
Income (loss) from operations43,895 (16,248)(9,069)37,813 (18,476)(24,596)13,319 
Other income (expense)
Gain on debt extinguishment— — — — — 417 417 
Fair value adjustments, net— — — — — — — 
Interest expense, net371 (2,395)(970)(277)(10)(22,828)(26,109)
Other, net(3)
3,427 (116)(163)(87)(40)4,874 7,895 
Income (loss) before income and mining taxes47,693 (18,759)(10,202)37,449 (18,526)(42,133)(4,478)
Income and mining tax (expense) benefit(18,994)906 — (3,008)— (2,117)(23,213)
Net Income (loss)$28,699 $(17,853)$(10,202)$34,441 $(18,526)$(44,250)$(27,691)
Segment assets(4)
$302,034 $1,125,586 $196,671 $108,268 $213,833 $51,885 $1,998,277 
Capital expenditures$12,632 $48,773 $29,735 $1,464 $859 $25 $93,488 
(1) Excludes amortization.
(2) Other operating expenses includes General and administrative and Pre-development, reclamation, and other
(3) See Note 14 -- Additional Comprehensive Income (Loss) Detail for additional detail.
(4) Segment assets include receivables, prepaids, inventories, property, plant and equipment, mineral interests, and goodwill.
Consolidated Assets
Assets June 30, 2025December 31, 2024
Total assets for reportable segments$3,939,230 $2,161,881 
Cash and cash equivalents111,646 55,087 
Other assets100,074 84,779 
Total consolidated assets$4,150,950 $2,301,747 
Long Lived Assets by Country
Geographic Information
Long-Lived Assets June 30, 2025December 31, 2024
United States$1,327,020 $1,312,976 
Mexico1,842,870 267,144 
Canada237,919 237,263 
Other233 233 
Total$3,408,042 $1,817,616 
Revenue from External Customers by Geographic Areas
RevenueThree months ended June 30,Six months ended June 30,
2025202420252024
United States$263,861 $138,780 $470,098 $255,462 
Mexico216,789 83,246 370,614 179,624 
Total$480,650 $222,026 $840,712 $435,086 
v3.25.2
Receivables (Tables)
 6 Months Ended
Jun. 30, 2025
Receivables [Abstract]  
Receivables Receivables consist of the following:
In thousandsJune 30, 2025December 31, 2024
Current receivables:
Trade receivables$13,470 $7,818 
VAT receivable28,974 12,684 
Income tax receivable11,489 8,509 
Other (1)
6,707 919 
$60,640 $29,930 
Non-current receivables:
Other tax receivable (1)
$418 $5,554 
Deferred cash consideration (2)
834 834 
Contingent consideration (3)
13,195 13,195 
$14,447 $19,583 
Total receivables$75,087 $49,513 
(1) Consists of exploration credit refunds at Silvertip.
(2) Represents the fair value of the contingent consideration related to the sale of La Preciosa Deferred Consideration, which included the right to an additional payment of $1.0 million on the first anniversary of initial production from any portion of the La Preciosa project. The fair value of the contingent consideration was valued using a discounted cash flow model and is measured at fair value on a non-recurring basis.
(3) Represents the fair value of the contingent consideration associated with the sale of Sterling/Crown exploration properties, which included the right to an additional payment of $50.0 million based on gold resources reported in the Sterling/Crown exploration properties by the buyer, its affiliates or its successors. The fair value of the contingent consideration was valued using a discounted cash flow model and is measured at fair value on a non-recurring basis.
v3.25.2
Inventory and Ore on Leach Pads (Tables)
 6 Months Ended
Jun. 30, 2025
Inventory Disclosure [Abstract]  
Inventories Inventory consists of the following:
In thousandsJune 30, 2025December 31, 2024
Inventory:
Concentrate$3,543 $2,663 
Stockpile ore (1)
94,778 6,773 
Precious metals40,919 16,034 
Supplies62,439 53,147 
$201,679 $78,617 
Ore on Leach Pads:
Current$129,469 $92,724 
Non-current102,078 106,670 
$231,547 $199,394 
Long-term Stockpile (included in Other)
$41,966 $41,718 
Total Inventory and Ore on Leach Pads$475,192 $319,729 
    
(1) Includes $88.9 million, $2.8 million, $2.5 million, and $0.5 million at Las Chispas, Kensington, Palmarejo, and Wharf at June 30, 2025, respectively. Includes $3.1 million, $0.5 million, and $3.2 million at Kensington, Palmarejo, and Wharf at December 31, 2024, respectively.
v3.25.2
Property, Plant and Equipment (Tables)
 6 Months Ended
Jun. 30, 2025
Property, Plant and Equipment [Abstract]  
Property, plant and equipment
Property, plant and equipment and mining properties, net consist of the following:
In thousandsJune 30, 2025December 31, 2024
Mine development$1,587,846 $1,502,457 
Mineral interests1,683,564 833,564 
Land9,961 9,000 
Facilities and equipment(1)
1,706,072 1,517,170 
Construction in progress134,947 145,732 
Total$5,122,390 $4,007,923 
Accumulated depreciation, depletion and amortization(2)
(2,327,703)(2,190,307)
Property, plant and equipment and mining properties, net$2,794,687 $1,817,616 
(1) Includes $164.7 million and $170.1 million associated with facilities and equipment assets under finance leases at June 30, 2025 and December 31, 2024, respectively.
(2) Includes $77.5 million and $63.3 million of accumulated amortization related to assets under finance leases at June 30, 2025 and December 31, 2024, respectively.
v3.25.2
Debt (Tables)
 6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Long term debt and capital lease obligations
 June 30, 2025December 31, 2024
In thousandsCurrentNon-CurrentCurrentNon-Current
2029 Senior Notes, net(1)
$— $290,425 $— $290,058 
Revolving Credit Facility(2)
— — — 195,000 
Finance lease obligations29,889 60,408 31,380 73,620 
$29,889 $350,833 $31,380 $558,678 
(1) Net of unamortized debt issuance costs of $2.7 million and $3.1 million at June 30, 2025 and December 31, 2024, respectively.
(2) Unamortized debt issuance costs of $2.7 million and $3.4 million at June 30, 2025 and December 31, 2024, respectively, included in Other Non-Current Assets.
Interest Expenses Incurred for Various Debt Instruments [Table Text Block]
Interest Expense
 Three Months Ended June 30,Six Months Ended June 30,
In thousands2025202420252024
2029 Senior Notes$3,755 $3,755 $7,511 $7,575 
Revolving Credit Facility2,434 7,518 6,639 13,972 
Finance lease obligations1,561 997 3,219 2,256 
Amortization of debt issuance costs581 579 1,162 1,198 
Other obligations314 757 959 1,554 
Capitalized interest(394)(444)(789)(446)
Total interest expense, net of capitalized interest$8,251 $13,162 $18,701 $26,109 
v3.25.2
Reclamation (Tables)
 6 Months Ended
Jun. 30, 2025
Asset Retirement Obligation Disclosure [Abstract]  
Asset Retirement Obligation
Changes to the Company’s asset retirement obligations for its operating sites are as follows:
Three Months Ended June 30,Six Months Ended June 30,
In thousands2025202420252024
Asset retirement obligation - Beginning$272,512 $216,989 $260,492 $214,013 
Accretion4,900 4,154 9,632 8,230 
Additions and changes to estimates— — 8,644 — 
Settlements(2,380)(1,226)(3,736)(2,326)
Asset retirement obligation - Ending$275,032 $219,917 $275,032 $219,917 
v3.25.2
Income and Mining Taxes (Tables)
 6 Months Ended
Jun. 30, 2025
Income Tax Disclosure [Abstract]  
Schedule of Components of Income Tax Expense (Benefit) The following table summarizes the components of Income and mining tax (expense) benefit for the three and six months ended June 30, 2025 and 2024 by significant jurisdiction:
Three months ended June 30,Six months ended June 30,
 2025202420252024
In thousandsIncome (loss) before taxTax (expense) benefitIncome (loss) before taxTax (expense) benefitIncome (loss) before taxTax (expense) benefitIncome (loss) before taxTax (expense) benefit
United States$82,138 $(15,229)$(4,660)$1,677 $102,463 $(20,534)$(33,890)$(2,142)
Canada(15,099)(693)(9,628)(258)(25,051)(811)(18,535)(372)
Mexico66,879 (46,673)22,948 (8,608)107,969 (59,663)48,152 (20,699)
Other jurisdictions(597)— (45)— (294)— (205)— 
$133,321 $(62,595)$8,615 $(7,189)$185,087 $(81,008)$(4,478)$(23,213)
v3.25.2
Stock-Based Compensation (Tables)
 6 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Summary of Grants Awarded
The following table summarizes the grants awarded during the six months ended June 30, 2025:
Grant dateRestricted
stock		Grant date fair
value of
restricted stock
Stock options(1)
Grant date fair
value of
stock options(1)
Performance
shares		Grant date fair
value of
performance
shares
February 14, 2025— $— 3,488,137 $6.61 — $— 
March 12, 202580,954 $5.71 — $— 32,520 $9.94 
May 14, 20251,722,782 $7.39 — $— 1,074,680 $10.42 
(1) Includes 3.3 million shares of Coeur common stock (“Coeur Options”) granted as replacement awards for SilverCrest options that are fully vested and are exercisable at the Transaction date.
v3.25.2
Fair Value Measurements (Tables)
 6 Months Ended
Jun. 30, 2025
Fair Value Disclosures [Abstract]  
Schedule of Fair Value Adjustments to Comprehensive income (Loss)
 Three Months Ended June 30,Six Months Ended June 30,
In thousands2025202420252024
Acquired bullion and metal inventory monetization4 — (342)— 
Fair value adjustments, net$4 $— $(342)$— 
Financial assets and liabilities measured at fair value on recurring basis
The following table presents the Company’s financial assets and liabilities measured at fair value on a recurring basis (at least annually) by level within the fair value hierarchy. Assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement:
 Fair Value at June 30, 2025
In thousandsTotalLevel 1Level 2Level 3  
Assets:
Provisional metal sales contracts$299 $— $299 $— 
Liabilities:
Provisional metal sales contracts$62 $— $62 $— 
 
 Fair Value at December 31, 2024
In thousandsTotalLevel 1Level 2Level 3  
Assets:
Provisional metal sales contracts$222 $— $222 $— 
Liabilities:
Provisional metal sales contracts$70 $— $70 $— 
Financial Assets and Liabilities not Measured at Fair Value
The fair value of financial assets and liabilities carried at book value in the financial statements at June 30, 2025 and December 31, 2024 is presented in the following table:
 June 30, 2025
In thousandsBook ValueFair ValueLevel 1Level 2Level 3  
Liabilities:
2029 Senior Notes(1)
$290,425 $283,528 $— $283,528 $— 
Deferred Cash Due 2025$10,000 $10,000 $— $10,000 $— 
Deferred Cash Due 2026$4,664 $4,599 $— $4,599 $— 
(1) Net of unamortized debt issuance costs of $2.7 million.
 December 31, 2024
In thousandsBook ValueFair ValueLevel 1Level 2Level 3  
Liabilities:
2029 Senior Notes(1)
$290,058 $278,014 $— $278,014 $— 
Revolving Credit Facility(2)
$195,000 $195,000 $— $195,000 $— 
Deferred Cash Due 2025$9,644 $9,673 $— $9,673 $— 
Deferred Cash Due 2026$4,505 $4,533 $— $4,533 $— 
(1) Net of unamortized debt issuance costs of $3.1 million.
(2) Unamortized debt issuance costs of $3.4 million included in Other Non-Current Assets.
v3.25.2
Derivative Financial Instruments (Tables)
 6 Months Ended
Jun. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair value of the derivative instruments
The following table sets forth the after-tax gains (losses) on derivatives designated as cash flow hedges that have been included in AOCI and the Condensed Consolidated Statement of Comprehensive Income (Loss) for the three and six months ended June 30, 2025 and 2024, respectively (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
 Amount of Gain (Loss) Recognized in AOCI
Gold forwards$— $(3,893)$— $(10,886)
Silver forwards— (6,988)— (7,621)
$— $(10,881)$— $(18,507)
Amount of (Gain) Loss Reclassified from AOCI to Earnings
Gold forwards$— $11,887 $— $12,867 
Silver forwards— 5,141 — 4,309 
$— $17,028 $— $17,176 
The following summarizes the classification of the fair value of the derivative instruments:
 June 30, 2025
In thousandsPrepaid expenses and otherAccrued liabilities and other
Provisional metal sales contracts$299 $62 
 December 31, 2024
In thousandsPrepaid expenses and otherAccrued liabilities and other
Provisional metal sales contracts$222 $70 
Derivative instruments, future settlement
At June 30, 2025, the Company had the following derivative instruments that settle as follows:
In thousands except average prices and notional ounces20252026 and Thereafter
Provisional gold sales contracts$44,127 $— 
Average gold price per ounce$3,349 $— 
Notional ounces13,175 — 
Gain losses on derivative instruments
The following represent mark-to-market gains (losses) on derivative instruments in the three and six months ended June 30, 2025 and 2024, respectively (in thousands):
 Three Months Ended June 30,Six Months Ended June 30,
Financial statement lineDerivative2025202420252024
RevenueProvisional metal sales contracts$(122)$(998)$85 $(508)
$(122)$(998)$85 $(508)
Credit Risk
The credit risk exposure related to any derivative instrument is limited to the unrealized gains, if any, on outstanding contracts based on current market prices. To reduce counter-party credit exposure, the Company enters into contracts with institutions management deems credit-worthy and limits credit exposure to each institution. The Company does not anticipate non-performance by any of its counterparties.
v3.25.2
Additional Comprehensive Income (Loss) Detail (Tables)
 6 Months Ended
Jun. 30, 2025
Other Income and Expenses [Abstract]  
Schedule of Other Operating Cost and Expense, by Component
Pre-development, reclamation, and other consists of the following:
 Three Months Ended June 30,Six Months Ended June 30,
In thousands2025202420252024
Silvertip ongoing carrying costs$2,423 $2,055 $5,050 $4,416 
Loss on sale of assets120 640 303 4,176 
Asset retirement accretion4,900 4,154 9,632 8,230 
Kensington royalty settlement(1)
— — (95)6,750 
Transaction costs2,823 — 11,710 — 
Other2,895 1,741 3,514 3,246 
Pre-development, reclamation and other$13,161 $8,590 $30,114 $26,818 
(1) See Note 17 -- Commitments and Contingencies for additional details on the Kensington royalty settlement.
Schedule of Nonoperating Income (Expense)
Other, net consists of the following:
 Three Months Ended June 30,Six Months Ended June 30,
In thousands2025202420252024
Foreign exchange gain (loss)$246 $2,089 $(512)$1,724 
Flow-through shares112 1,455 741 3,945 
RMC bankruptcy distribution38 1,199 38 1,199 
Other1,064 379 1,599 1,027 
Other, net$1,460 $5,122 $1,866 $7,895 
v3.25.2
Net Income (Loss) Per Share (Tables)
 6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
Three months ended June 30,Six months ended June 30,
In thousands except per share amounts2025202420252024
Net income (loss) available to common stockholders$70,726 $1,426 $104,079 $(27,691)
Weighted average shares:
Basic637,173 393,838 576,176 389,403 
Effect of stock-based compensation plans5,903 6,071 6,244 — 
Diluted643,076 399,909 582,420 389,403 
Income (loss) per share:
Basic$0.11 $0.00 $0.18 $(0.07)
Diluted$0.11 $0.00 $0.18 $(0.07)
Schedule of Repurchase Agreements
The following table summarizes repurchases made pursuant to the 10b-18 Agreement in the quarter ended June 30, 2025 and the approximate dollar value of stock that may yet be purchased pursuant to the Program:
Period(a) Total number of shares purchased(b) Average price paid per share(c) Total number of shares purchased as part of publicly announced Program (d) Approximate dollar value of shares that may yet be purchased under the Program (in millions)
April 1, 2025 - April 30, 2025— — — — 
May 1, 2025 - May 31, 2025— — — $75.0 
June 1, 2025 - June 30, 2025216,500 $9.24 216,500 $73.0 
Total216,500 $9.24 216,500 
v3.25.2
Supplemental Guarantor Information (Tables)
 6 Months Ended
Jun. 30, 2025
Condensed Financial Information Disclosure [Abstract]  
Condensed Balance Sheet
SUMMARIZED BALANCE SHEET
Coeur Mining, Inc.Subsidiary Guarantors
In thousandsJune 30, 2025December 31, 2024June 30, 2025December 31, 2024
Current assets$13,127 $13,782 $223,934 $164,627 
Non-current assets(1)
$643,977 $516,209 $1,489,129 $1,483,632 
Non-guarantor intercompany assets$2,588 $3,144 $— $— 
Current liabilities$16,849 $31,841 $160,616 $202,329 
Non-current liabilities$306,734 $496,976 $255,266 $260,210 
Non-guarantor intercompany liabilities$2,402 $2,642 $1,663 $1,570 
(1) Coeur Mining, Inc.’s non-current assets include its investment in Guarantor Subsidiaries.
Schedule of Comprehensive Income (Loss)
SUMMARIZED STATEMENTS OF INCOME
SIX MONTHS ENDED JUNE 30, 2025
In thousandsCoeur Mining, Inc.Subsidiary Guarantors
Revenue$— $470,098 
Gross profit (loss)$(370)$176,996 
Net income (loss)$104,079 $129,122 
v3.25.2
Commitment and Contingencies (Tables)
 6 Months Ended
Jun. 30, 2025
Commitments and Contingencies Disclosure [Abstract]  
Summary of Contract Liability
The following table presents a roll forward of the Franco-Nevada contract liability balance:
Three Months Ended June 30,Six Months Ended June 30,
In thousands2025202420252024
Opening Balance$6,230 $6,784 $6,382 $6,943 
Revenue Recognized(192)(118)(344)(277)
Closing Balance$6,038 $6,666 $6,038 $6,666 
The following table presents a roll forward of the prepayment contract liability balance:
Three Months Ended June 30,Six Months Ended June 30,
In thousands2025202420252024
Opening Balance$— $55,112 $42,164 $55,082 
Additions— 30,175 — 85,205 
Revenue Recognized— (42,005)(42,164)(97,005)
Closing Balance$— $43,282 $— $43,282 
v3.25.2
Additional Balance Sheet Detail and Supplemental Cash Flow Information (Tables)
 6 Months Ended
Jun. 30, 2025
Supplemental Cash Flow Information [Abstract]  
Schedule of Accrued Liabilities [Table Text Block]
Accrued liabilities and other consist of the following:
In thousandsJune 30, 2025December 31, 2024
Accrued salaries and wages$29,460 $31,151 
Flow-through share premium received112 853 
Deferred revenue (1)
750 42,863 
Income and mining taxes53,790 36,490 
Kensington royalty settlement (1)
— 3,750 
Deferred Cash Due 2025(2)
10,000 9,644 
Accrued operating costs7,032 6,577 
Unrealized losses on derivatives62 70 
Taxes other than income and mining17,472 5,491 
Accrued interest payable6,921 8,122 
Operating lease liabilities13,546 11,598 
Accrued liabilities and other$139,145 $156,609 
(1) See Note 17 -- Commitments and Contingencies for additional details on deferred revenue liabilities.
(2) See Note 12 -- Fair Value Measurements for additional details on Deferred Cash Due 2025.
Schedule of Cash Flow, Supplemental Disclosures [Table Text Block]
The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the Condensed Consolidated Balance Sheets that total the same such amounts shown in the Condensed Consolidated Statements of Cash Flows in the three and six months ended June 30, 2025 and 2024:
In thousandsJune 30, 2025June 30, 2024
Cash and cash equivalents$111,646 $74,136 
Restricted cash equivalents(1)
1,824 1,755 
Total cash, cash equivalents and restricted cash shown in the statement of cash flows$113,470 $75,891 
(1) Restricted cash equivalents are included in Prepaid expenses and other and Restricted assets on the Condensed Consolidated Balance Sheet.
v3.25.2
Acquisitions - Narrative (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Feb. 14, 2025
Oct. 03, 2024
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Business Combination [Line Items]              
Common stock, shares issued (in shares)     642,701,753   642,701,753   399,235,632
Common stock, shares outstanding (in shares)     642,701,753   642,701,753   399,235,632
Inventories     $ 14,125 $ 19,774 $ 22,473 $ 39,468  
Fair value adjustments, net, pretax     (4) 0 342 0  
Acquisition related costs     $ 2,823 $ 0 11,710 $ 0  
Business Combination, Total Transaction Costs         $ 20,300    
SilverCrest              
Business Combination [Line Items]              
Common stock, shares issued (in shares) 239,331,799   239,331,799   239,331,799    
Common stock, shares outstanding (in shares) 239,331,799            
Common shares issued (value) $ 1,580,000   $ 1,581,983        
Fair value of Coeur payable to SilverCrest repurchased     (72,311)        
Inventories     $ (72,000)        
Company Subsidary              
Business Combination [Line Items]              
Common stock portion, number of Coeur stock for each share of Silvercrest common stock converted (in shares)   1.6022          
v3.25.2
Acquisitions - Purchase Price Allocation (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended 6 Months Ended
Feb. 14, 2025
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2024
Jun. 30, 2025
Dec. 31, 2024
Assets:            
Short-term receivables   $ 23,292     $ 23,292  
LIABILITIES            
Goodwill   $ 613,355     $ 613,355 $ 0
Common stock, shares issued (in shares)   642,701,753     642,701,753 399,235,632
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period         3,202,452  
Common Stock            
LIABILITIES            
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period   2,139,000        
Common Stock | Royalty Settlement [Domain]            
LIABILITIES            
Common stock issued for investment (in shares)     595,000 738,000    
SilverCrest            
Business Combination [Line Items]            
Common shares issued (value) $ 1,580,000 $ 1,581,983        
Fair value of replacement stock-based compensation awarded(1) [1]   8,539        
Fair value of Coeur payable to SilverCrest repurchased   72,311        
Total purchase price   1,518,211        
Assets:            
Cash and cash equivalents   103,724     $ 103,724  
Inventory   153,826     153,826  
Prepaid expenses and other   15,213     15,213  
Property, plant and equipment and mining properties   1,006,736     1,006,736  
Other   5,596     5,596  
Total Assets   1,308,387     1,308,387  
LIABILITIES            
Accounts payable   16,774     16,774  
Accrued liabilities and other   22,959     22,959  
Debt   846     846  
Reclamation   8,644     8,644  
Deferred tax liabilities [2]   335,563     335,563  
Other long-term liabilities   18,745     18,745  
Total liabilities   403,531     403,531  
Net assets acquired   904,856     904,856  
Goodwill   613,355     613,355  
Net assets acquired   $ 1,518,211     $ 1,518,211  
Common stock, shares issued (in shares) 239,331,799 239,331,799     239,331,799  
Shares issued (in dollars per share)   $ 6.61     $ 6.61  
SilverCrest | Common Stock | SilverCrest Acquisition            
LIABILITIES            
Common stock issued for investment (in shares)         2,300,000  
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period         3,200,000  
[1] As of June 30, 2025,2.3 million common shares were issued related to the exercise of 3.2 million replacement options.
[2] Deferred income tax liabilities represent the future tax expense associated with the differences between the preliminary fair value allocated to assets (excluding goodwill) and liabilities and a tax basis increase to the preliminary fair value of the assets acquired in Mexico and the historical carryover tax basis of assets and liabilities in all other jurisdictions. No deferred tax liability is recognized for the basis difference inherent in the preliminary fair value allocated to goodwill.
v3.25.2
Acquisitions - Pro Forma (Details) - SilverCrest - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Business Combination [Line Items]        
Revenue $ 480,650 $ 294,767 $ 895,689 $ 571,473
Net income (loss) $ 103,230 $ (38,360) $ 177,847 $ (98,625)
v3.25.2
Segment Reporting (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Financial information relating to reporting segments          
Revenue $ 480,650 $ 222,026 $ 840,712 $ 435,086  
Amortization 61,421 27,928 104,514 55,225  
Other operating expenses 26,411 19,831 57,276 [1] 52,463  
Costs and Expenses 340,542 205,350 638,448 421,767  
Income from operations 140,108 16,676 202,264 13,319  
Gain on debt extinguishment 0 (21) 0 417  
Fair value adjustments, net, pretax 4 0 (342) 0  
Interest Income (Expense), Nonoperating (8,251) (13,162) (18,701) (26,109)  
Other, net [2] 1,460 5,122 1,866 7,895  
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest 133,321 8,615 185,087 (4,478)  
Income and mining tax (expense) benefit (62,595) (7,189) (81,008) (23,213)  
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent 70,726 1,426 104,079 (27,691)  
Assets, Net 3,939,230 [3] 1,998,277 3,939,230 [3] 1,998,277 $ 2,161,881
Capital expenditures 60,807 51,405 110,809 93,488  
Las Chispas          
Financial information relating to reporting segments          
Amortization 22,375   31,311    
Other operating expenses [1] 925   992    
Costs and Expenses 84,309   138,024    
Income from operations 18,341   22,645    
Fair value adjustments, net, pretax 0   0    
Interest Income (Expense), Nonoperating (16)   1    
Other, net [2] 804   1,232    
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest 19,161   23,876    
Income and mining tax (expense) benefit (35,206)   (37,058)    
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent (16,045)   (13,182)    
Assets, Net [3] 1,725,990   1,725,990    
Capital expenditures 9,200   14,538    
Palmarejo          
Financial information relating to reporting segments          
Amortization 9,406 10,843 18,587 23,445  
Other operating expenses 2,989 2,446 4,618 [1] 4,700  
Costs and Expenses 65,112 64,094 123,485 135,729  
Income from operations 49,027 19,152 86,460 43,895  
Gain on debt extinguishment   0   0  
Fair value adjustments, net, pretax 0 0 0 0  
Interest Income (Expense), Nonoperating 84 397 (69) 371  
Other, net (1,264) 2,881 (1,952) [2] 3,427  
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest 47,679 22,430 84,439 47,693  
Income and mining tax (expense) benefit (9,415) (7,311) (20,514) (18,994)  
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent 38,264 15,119 63,925 28,699  
Assets, Net 308,483 [3] 302,034 308,483 [3] 302,034  
Capital expenditures 5,643 5,871 11,500 12,632  
Rochester          
Financial information relating to reporting segments          
Amortization 16,748 8,570 31,655 15,203  
Other operating expenses 2,651 2,826 5,405 [1] 8,576  
Costs and Expenses 68,551 49,028 136,215 88,841  
Income from operations 26,426 (6,264) 41,388 (16,248)  
Gain on debt extinguishment   0   0  
Fair value adjustments, net, pretax 4 0 (342) 0  
Interest Income (Expense), Nonoperating 2,615 (1,055) 4,873 (2,395)  
Other, net (152) (146) (240) [2] (116)  
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest 23,663 (7,465) 35,933 (18,759)  
Income and mining tax (expense) benefit (3,821) 672 (4,434) 906  
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent 19,842 (6,793) 31,499 (17,853)  
Assets, Net 1,253,548 [3] 1,125,586 1,253,548 [3] 1,125,586  
Capital expenditures 24,466 27,530 39,319 48,773  
Kensington          
Financial information relating to reporting segments          
Amortization 10,221 6,445 17,692 12,041  
Other operating expenses 622 1,129 1,192 [1] 8,755  
Costs and Expenses 58,461 49,586 111,959 103,642  
Income from operations 31,305 1,468 43,050 (9,069)  
Gain on debt extinguishment   0   0  
Fair value adjustments, net, pretax 0 0 0 0  
Interest Income (Expense), Nonoperating 80 (499) 257 (970)  
Other, net (176) (82) (261) [2] (163)  
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest 31,049 887 42,532 (10,202)  
Income and mining tax (expense) benefit (2,397) 0 (2,885) 0  
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent 28,652 887 39,647 (10,202)  
Assets, Net 246,478 [3] 196,671 246,478 [3] 196,671  
Capital expenditures 16,318 16,477 31,791 29,735  
Wharf          
Financial information relating to reporting segments          
Amortization 1,549 1,067 3,023 2,460  
Other operating expenses 1,118 1,144 2,306 [1] 2,245  
Costs and Expenses 35,139 22,451 67,467 50,483  
Income from operations 43,979 22,511 70,019 37,813  
Gain on debt extinguishment   0   0  
Fair value adjustments, net, pretax 0 0 0 0  
Interest Income (Expense), Nonoperating 19 (125) 117 (277)  
Other, net (29) (45) (72) [2] (87)  
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest 43,931 22,341 69,830 37,449  
Income and mining tax (expense) benefit (9,341) (1,872) (11,863) (3,008)  
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent 34,590 20,469 57,967 34,441  
Assets, Net 124,995 [3] 108,268 124,995 [3] 108,268  
Capital expenditures 3,591 1,156 10,955 1,464  
Silvertip [Member]          
Financial information relating to reporting segments          
Amortization 928 790 1,874 1,642  
Other operating expenses 2,929 2,404 6,007 [1] 5,109  
Costs and Expenses 13,085 9,639 23,216 18,476  
Income from operations (13,085) (9,639) (23,216) (18,476)  
Gain on debt extinguishment   0   0  
Fair value adjustments, net, pretax 0 0 0 0  
Interest Income (Expense), Nonoperating 0 (4) 0 (10)  
Other, net (84) 18 13 [2] (40)  
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest (13,169) (9,625) (23,203) (18,526)  
Income and mining tax (expense) benefit 0 0 0 0  
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent (13,169) (9,625) (23,203) (18,526)  
Assets, Net 221,675 [3] 213,833 221,675 [3] 213,833  
Capital expenditures 1,528 350 2,382 859  
Other Mining Properties [Member]          
Financial information relating to reporting segments          
Amortization 194 213 372 434  
Other operating expenses 15,177 9,882 36,756 [1] 23,078  
Costs and Expenses 15,885 10,552 38,082 24,596  
Income from operations (15,885) (10,552) (38,082) (24,596)  
Gain on debt extinguishment   (21)   417  
Fair value adjustments, net, pretax 0 0 0 0  
Interest Income (Expense), Nonoperating 5,469 (11,876) 13,384 (22,828)  
Other, net 2,361 2,496 3,146 [2] 4,874  
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest (18,993) (19,953) (48,320) (42,133)  
Income and mining tax (expense) benefit (2,415) 1,322 (4,254) (2,117)  
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent (21,408) (18,631) (52,574) (44,250)  
Assets, Net 58,061 [3] 51,885 58,061 [3] 51,885  
Capital expenditures 61 21 324 25  
Gold [Member]          
Financial information relating to reporting segments          
Revenue 323,114 154,085 558,441 305,854  
Gold [Member] | Las Chispas          
Financial information relating to reporting segments          
Revenue 53,125   81,007    
Gold [Member] | Palmarejo          
Financial information relating to reporting segments          
Revenue 56,067 42,411 99,762 96,313  
Gold [Member] | Rochester          
Financial information relating to reporting segments          
Revenue 46,267 17,368 88,050 30,049  
Gold [Member] | Kensington          
Financial information relating to reporting segments          
Revenue 89,726 51,104 154,933 94,589  
Gold [Member] | Wharf          
Financial information relating to reporting segments          
Revenue 77,929 43,202 134,689 84,903  
Gold [Member] | Silvertip [Member]          
Financial information relating to reporting segments          
Revenue 0 0 0 0  
Gold [Member] | Other Mining Properties [Member]          
Financial information relating to reporting segments          
Revenue 0 0 0 0  
Product, Silver          
Financial information relating to reporting segments          
Revenue 157,536 67,941 282,271 129,232  
Product, Silver | Las Chispas          
Financial information relating to reporting segments          
Revenue 49,525   79,662    
Product, Silver | Palmarejo          
Financial information relating to reporting segments          
Revenue 58,072 40,835 110,183 83,311  
Product, Silver | Rochester          
Financial information relating to reporting segments          
Revenue 48,710 25,396 89,553 42,544  
Product, Silver | Kensington          
Financial information relating to reporting segments          
Revenue 40 (50) 76 (16)  
Product, Silver | Wharf          
Financial information relating to reporting segments          
Revenue 1,189 1,760 2,797 3,393  
Product, Silver | Silvertip [Member]          
Financial information relating to reporting segments          
Revenue 0 0 0 0  
Product, Silver | Other Mining Properties [Member]          
Financial information relating to reporting segments          
Revenue 0 0 0 0  
Product, Metal [Member]          
Financial information relating to reporting segments          
Revenue 480,650 222,026 840,712 435,086  
Product, Metal [Member] | Las Chispas          
Financial information relating to reporting segments          
Revenue 102,650   160,669    
Product, Metal [Member] | Palmarejo          
Financial information relating to reporting segments          
Revenue 114,139 83,246 209,945 179,624  
Product, Metal [Member] | Rochester          
Financial information relating to reporting segments          
Revenue 94,977 42,764 177,603 72,593  
Product, Metal [Member] | Kensington          
Financial information relating to reporting segments          
Revenue 89,766 51,054 155,009 94,573  
Product, Metal [Member] | Wharf          
Financial information relating to reporting segments          
Revenue 79,118 44,962 137,486 88,296  
Product, Metal [Member] | Silvertip [Member]          
Financial information relating to reporting segments          
Revenue 0 0 0 0  
Product, Metal [Member] | Other Mining Properties [Member]          
Financial information relating to reporting segments          
Revenue 0 0 0 0  
Product          
Financial information relating to reporting segments          
Costs applicable to sales [4] 229,454 144,717 433,720 290,714  
Product | Las Chispas          
Financial information relating to reporting segments          
Costs applicable to sales [4] 57,747   100,581    
Product | Palmarejo          
Financial information relating to reporting segments          
Costs applicable to sales 48,703 48,227 92,406 [4] 102,521  
Product | Rochester          
Financial information relating to reporting segments          
Costs applicable to sales 47,928 36,655 96,464 [4] 63,654  
Product | Kensington          
Financial information relating to reporting segments          
Costs applicable to sales 46,083 40,721 88,239 [4] 80,010  
Product | Wharf          
Financial information relating to reporting segments          
Costs applicable to sales 28,993 19,114 56,030 [4] 44,529  
Product | Silvertip [Member]          
Financial information relating to reporting segments          
Costs applicable to sales 0 0 0 [4] 0  
Product | Other Mining Properties [Member]          
Financial information relating to reporting segments          
Costs applicable to sales 0 0 0 [4] 0  
Mineral, Exploration          
Financial information relating to reporting segments          
Costs applicable to sales 23,256 12,874 42,938 23,365  
Mineral, Exploration | Las Chispas          
Financial information relating to reporting segments          
Costs applicable to sales 3,262   5,140    
Mineral, Exploration | Palmarejo          
Financial information relating to reporting segments          
Costs applicable to sales 4,014 2,578 7,874 5,063  
Mineral, Exploration | Rochester          
Financial information relating to reporting segments          
Costs applicable to sales 1,224 977 2,691 1,408  
Mineral, Exploration | Kensington          
Financial information relating to reporting segments          
Costs applicable to sales 1,535 1,291 4,836 2,836  
Mineral, Exploration | Wharf          
Financial information relating to reporting segments          
Costs applicable to sales 3,479 1,126 6,108 1,249  
Mineral, Exploration | Silvertip [Member]          
Financial information relating to reporting segments          
Costs applicable to sales 9,228 6,445 15,335 11,725  
Mineral, Exploration | Other Mining Properties [Member]          
Financial information relating to reporting segments          
Costs applicable to sales $ 514 $ 457 $ 954 $ 1,084  
[1] Other operating expenses include General and administrative and Pre-development, reclamation, and other
[2] See Note 14 -- Additional Comprehensive Income (Loss) Detail for additional detail.
[3] Segment assets include receivables, prepaids, inventories, property, plant and equipment, mineral interests, and goodwill
[4] Excludes amortization.
v3.25.2
Segment Reporting (Details 1) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Jun. 30, 2024
Segment Reporting [Abstract]      
Assets, Net $ 3,939,230 [1] $ 2,161,881 $ 1,998,277
Cash and cash equivalents 111,646 55,087 $ 74,136
Other assets 100,074 84,779  
TOTAL ASSETS $ 4,150,950 $ 2,301,747  
[1] Segment assets include receivables, prepaids, inventories, property, plant and equipment, mineral interests, and goodwill
v3.25.2
Segment Reporting (Details 2) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Long Lived Assets          
Long Lived Assets in Entity's Country of Domicile $ 3,408,042   $ 3,408,042   $ 1,817,616
Revenues          
Revenue 480,650 $ 222,026 840,712 $ 435,086  
United States          
Long Lived Assets          
Long Lived Assets in Entity's Country of Domicile 1,327,020   1,327,020   1,312,976
Revenues          
Revenue 263,861 138,780 470,098 255,462  
Canada          
Long Lived Assets          
Long Lived Assets in Entity's Country of Domicile 237,919   237,919   237,263
Mexico          
Long Lived Assets          
Long Lived Assets in Entity's Country of Domicile 1,842,870   1,842,870   267,144
Revenues          
Revenue 216,789 $ 83,246 370,614 $ 179,624  
Other Foreign Countries [Member]          
Long Lived Assets          
Long Lived Assets in Entity's Country of Domicile $ 233   $ 233   $ 233
v3.25.2
Segment Reporting - Summary of Concentration Risk (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Concentration Risk [Line Items]        
Revenue $ 480,650 $ 222,026 $ 840,712 $ 435,086
v3.25.2
Receivables (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Receivables - current portion    
Accounts receivable - trade $ 13,470 $ 7,818
Refundable value added tax 28,974 12,684
Income Taxes Receivable 11,489 8,509
Accounts receivable - other 6,707 919
Receivables, net current portion 60,640 29,930
Receivables - non-current portion    
Other tax receivable [1] 418 5,554
Deferred cash consideration (2) [2] 834 834
Contingent consideration (3) [3] 13,195 13,195
Non-current receivables: 14,447 19,583
Total receivables $ 75,087 $ 49,513
[1] Consists of exploration credit refunds at Silvertip.
[2] Represents the fair value of the contingent consideration related to the sale of La Preciosa Deferred Consideration, which included the right to an additional payment of $1.0 million on the first anniversary of initial production from any portion of the La Preciosa project. The fair value of the contingent consideration was valued using a discounted cash flow model and is measured at fair value on a non-recurring basis.
[3] Represents the fair value of the contingent consideration associated with the sale of Sterling/Crown exploration properties, which included the right to an additional payment of $50.0 million based on gold resources reported in the Sterling/Crown exploration properties by the buyer, its affiliates or its successors. The fair value of the contingent consideration was valued using a discounted cash flow model and is measured at fair value on a non-recurring basis.
v3.25.2
Inventory and Ore on Leach Pads (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Inventory [Line Items]    
Inventory, Finished Goods, Net of Reserves $ 3,543 $ 2,663
Stockpile ore 94,778 6,773
Other Inventory, Net of Reserves 40,919 16,034
Inventory, Supplies, Net of Reserves 62,439 53,147
Inventory 201,679 78,617
Ore on Leach Pad, Current 129,469 92,724
Ore on leach pads, noncurrent 102,078 106,670
Inventory, Ore Stockpiles on Leach Pads, Gross 231,547 199,394
Long-Term Inventory Stockpile 41,966 41,718
Inventory and Ore on Leach Pads 475,192 319,729
Las Chispas    
Inventory [Line Items]    
Stockpile ore 88,900  
Kensington    
Inventory [Line Items]    
Stockpile ore 2,800 3,100
Palmarejo    
Inventory [Line Items]    
Stockpile ore 2,500 500
Wharf    
Inventory [Line Items]    
Stockpile ore $ 500 $ 3,200
v3.25.2
Property, Plant and Equipment (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Property, plant and equipment    
Operational Mining Properties Gross $ 1,587,846 $ 1,502,457
Mineral Interest 1,683,564 833,564
Land 9,961 9,000
Buildings and Improvements, Gross [1] 1,706,072 1,517,170
Property, Plant and Equipment, Gross 5,122,390 4,007,923
Accumulated depreciation and amortization [2] (2,327,703) (2,190,307)
Construction in Progress, Gross 134,947 145,732
Property, plant and equipment and mining properties, net $ 2,794,687 $ 1,817,616
[1] Includes $164.7 million and $170.1 million associated with facilities and equipment assets under finance leases at June 30, 2025 and December 31, 2024, respectively.
[2] Includes $77.5 million and $63.3 million of accumulated amortization related to assets under finance leases at June 30, 2025 and December 31, 2024, respectively.
v3.25.2
Property, Plant and Equipment (Details Textual) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Property, Plant and Equipment [Line Items]    
Finance Lease, Right-of-Use Asset, before Accumulated Amortization $ 164,700 $ 170,100
Construction in Progress, Gross 134,947 145,732
Finance Lease, Right-Of-Use Asset, Accumulated Depreciation $ 77,500 $ 63,300
v3.25.2
Property, Plant and Equipment and Mining Properties, Net (Narrtive) (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Property, Plant and Equipment [Line Items]    
Mineral Interest $ 1,683,564 $ 833,564
Accrued liabilities and other 139,145 156,609
Other long-term liabilities $ 59,930 $ 38,201
v3.25.2
Debt (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Long term debt and capital lease obligations    
Current $ 29,889 $ 31,380
Debt 350,833 558,678
Senior Notes due 2029    
Long term debt and capital lease obligations    
Net unamortized debt issuance costs 2,700 3,100
Senior Notes due 2029    
Long term debt and capital lease obligations    
Debt [1]   290,058
Revolving Credit Facility    
Long term debt and capital lease obligations    
Debt [2] 0 195,000
Finance Lease Obligations    
Long term debt and capital lease obligations    
Debt 60,408 73,620
Senior Notes due 2029    
Long term debt and capital lease obligations    
Current [1] 0 0
Revolving Credit Facility    
Long term debt and capital lease obligations    
Current [2] 0 0
Finance Lease Obligations    
Long term debt and capital lease obligations    
Current 29,889 31,380
Revolving Credit Facility    
Long term debt and capital lease obligations    
Net unamortized debt issuance costs $ 2,700 $ 3,400
[1] Net of unamortized debt issuance costs of $2.7 million and $3.1 million at June 30, 2025 and December 31, 2024, respectively.
[2] Unamortized debt issuance costs of $2.7 million and $3.4 million at June 30, 2025 and December 31, 2024, respectively, included in Other Non-Current Assets
v3.25.2
Debt (Details Textual) - USD ($)
$ in Thousands
 1 Months Ended 3 Months Ended 6 Months Ended
Mar. 31, 2021
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Debt Instrument [Line Items]          
Gain on debt extinguishment   $ 0 $ (21) $ 0 $ 417
Finance Lease Obligations       $ 800  
Line of Credit          
Debt Instrument [Line Items]          
Stated interest rate   7.20%   7.20%  
Senior Notes due 2029          
Debt Instrument [Line Items]          
Debt Instrument, Face Amount $ 375,000        
Proceeds from debt $ 367,500        
Revolving Credit Facility          
Debt Instrument [Line Items]          
Letters of credit outstanding, amount   $ 20,200   $ 20,200  
Revolving Credit Facility | Line of Credit          
Debt Instrument [Line Items]          
Amount available subject to debt covenants   $ 379,800   $ 379,800  
v3.25.2
Debt - Interest Expense (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Debt Disclosure [Abstract]        
Interest paid on Senior Notes due 2029 $ 3,755 $ 3,755 $ 7,511 $ 7,575
Interest paid on Revolving Credit Facility 2,434 7,518 6,639 13,972
Finance Lease, Interest Expense 1,561 997 3,219 2,256
Amortization of Debt Issuance Costs 581 579 1,162 1,198
Interest Expense, Other 314 757 959 1,554
Interest Costs Capitalized Adjustment (394) (444) (789) (446)
Interest Costs Incurred $ 8,251 $ 13,162 $ 18,701 $ 26,109
v3.25.2
Reclamation (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Mar. 31, 2025
Dec. 31, 2024
Mar. 31, 2024
Dec. 31, 2023
Asset Retirement Obligation Disclosure [Abstract]                
Asset Retirement Obligation $ 275,032 $ 219,917 $ 275,032 $ 219,917 $ 272,512 $ 260,492 $ 216,989 $ 214,013
Asset Retirement Obligation, Accretion Expense, Excluding Held for Sale Disposal Group. 4,900 4,154 9,632 8,230        
Asset Retirement Obligation, Revision of Estimate 0 0 8,644 0        
Asset Retirement Obligation, Liabilities Settled $ (2,380) $ (1,226) $ (3,736) $ (2,326)        
v3.25.2
Income and Mining Taxes - Income (Loss) Before Income Taxes (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Tax Examination [Line Items]        
Income (loss) before income and mining taxes $ 133,321 $ 8,615 $ 185,087 $ (4,478)
Tax (expense) benefit 62,595 7,189 81,008 23,213
United States        
Income Tax Examination [Line Items]        
United States, Income (loss) before tax 82,138 (4,660) 102,463 (33,890)
Tax (expense) benefit (15,229) 1,677 (20,534) (2,142)
Canada        
Income Tax Examination [Line Items]        
Foreign, Income (loss) before tax 15,099 9,628 25,051 18,535
Tax (expense) benefit (693) (258) (811) (372)
Mexico        
Income Tax Examination [Line Items]        
Foreign, Income (loss) before tax (66,879) (22,948) (107,969) (48,152)
Tax (expense) benefit (46,673) (8,608) (59,663) (20,699)
Other jurisdictions        
Income Tax Examination [Line Items]        
Foreign, Income (loss) before tax 597 45 294 205
Tax (expense) benefit $ 0 $ 0 $ 0 $ 0
v3.25.2
Income and Mining Taxes - Narrative (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Income Tax Disclosure [Abstract]          
Tax (expense) benefit $ 62,595 $ 7,189 $ 81,008 $ 23,213  
Effective income tax rate 47.00% 83.40%      
Increase (decrease) income tax expense $ 28,300 $ (900)      
Unrecognized tax benefits 17,500   17,500   $ 0
Income-tax related interest and penalties $ 4,800   $ 4,800   $ 0
v3.25.2
Stock-Based Compensation - Narrative (Details) - USD ($)
$ / shares in Units, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Unrecognized stock-based compensation cost $ 24.2   $ 24.2  
Unrecognized stock-based compensation cost, weighted-average period recognized     1 year 10 months 24 days  
Stock options exercised (in shares)     (3,202,452)  
Weighted average exercise price, options (in dollars per share)     $ 6.76  
Annual Incentive Plan and Long Term Incentive Plan        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Compensation expense for stock based compensation awards $ 4.2 $ 2.7 $ 7.5 $ 6.9
v3.25.2
Stock-Based Compensation - Summary of Grants Awarded (Details)
 6 Months Ended
Jun. 30, 2025
$ / shares
shares
Restricted stock | February 26, 2024  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Restricted stock 80,954
Grant date fair value of restricted stock | $ / shares $ 5.71
Restricted stock | February 14, 2025  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Restricted stock 0
Grant date fair value of restricted stock | $ / shares $ 0
Restricted stock | May 14, 2025  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Restricted stock 1,722,782
Grant date fair value of restricted stock | $ / shares $ 7.39
Performance shares | February 26, 2024  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Performance shares 32,520
Grant date fair value of performance shares | $ / shares $ 9.94
Performance shares | February 14, 2025  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Performance shares 0
Grant date fair value of performance shares | $ / shares $ 0
Performance shares | May 14, 2025  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Performance shares 1,074,680
Grant date fair value of performance shares | $ / shares $ 10.42
Stock Options | SilverCrest  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Performance shares 3,300,000
Stock Options | February 26, 2024  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Performance shares 0
Grant date fair value of performance shares | $ / shares $ 0
Stock Options | February 14, 2025  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Performance shares 3,488,137
Grant date fair value of performance shares | $ / shares $ 6.61
Stock Options | May 14, 2025  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Performance shares 0
Grant date fair value of performance shares | $ / shares $ 0
v3.25.2
Fair Value Measurements - Summary of Gain (Loss) Derivative Instruments (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Fair Value Disclosures [Abstract]        
Termination of gold zero cost collars $ 4 $ 0 $ (342) $ 0
Fair value adjustments, net $ 4 $ 0 $ (342) $ 0
v3.25.2
Fair Value Measurements - Summary of Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - Provisional metal sales contracts - Fair Value, Recurring - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Liabilities:    
Embedded Derivative, Fair Value of Embedded Derivative Asset $ 299 $ 222
Fair Value of Derivative Liability 62 70
Level 1    
Liabilities:    
Embedded Derivative, Fair Value of Embedded Derivative Asset 0 0
Fair Value of Derivative Liability 0 0
Level 2    
Liabilities:    
Embedded Derivative, Fair Value of Embedded Derivative Asset 299 222
Fair Value of Derivative Liability 62 70
Level 3      
Liabilities:    
Embedded Derivative, Fair Value of Embedded Derivative Asset 0 0
Fair Value of Derivative Liability $ 0 $ 0
v3.25.2
Fair Value Measurements - Summary of Assets and Liabilities Carried at Book Value (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Debt $ 350,833 $ 558,678
Revolving Credit Facility    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Debt [1] 0 195,000
Senior Notes due 2029    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Book value 290,425 290,058
Debt [2]   290,058
Deferred Cash Due Two Thousand Twenty Five    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Book value 10,000 9,644
Deferred Cash Due Two Thousand Twenty Six    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Book value 4,664 4,505
Portion at Other than Fair Value Measurement | Revolving Credit Facility    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Fair value of long-term debt   195,000
Portion at Other than Fair Value Measurement | Revolving Credit Facility | Level 1    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Fair value of long-term debt   0
Portion at Other than Fair Value Measurement | Revolving Credit Facility | Level 2    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Fair value of long-term debt   195,000
Portion at Other than Fair Value Measurement | Revolving Credit Facility | Level 3      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Fair value of long-term debt   0
Portion at Other than Fair Value Measurement | Senior Notes due 2029    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Fair value of long-term debt 283,528 278,014
Portion at Other than Fair Value Measurement | Senior Notes due 2029 | Level 1    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Fair value of long-term debt 0 0
Portion at Other than Fair Value Measurement | Senior Notes due 2029 | Level 2    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Fair value of long-term debt 283,528 278,014
Portion at Other than Fair Value Measurement | Senior Notes due 2029 | Level 3      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Fair value of long-term debt 0 0
Portion at Other than Fair Value Measurement | Deferred Cash Due Two Thousand Twenty Five    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Fair value of long-term debt 10,000 9,673
Portion at Other than Fair Value Measurement | Deferred Cash Due Two Thousand Twenty Five | Level 1    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Fair value of long-term debt 0 0
Portion at Other than Fair Value Measurement | Deferred Cash Due Two Thousand Twenty Five | Level 2    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Fair value of long-term debt 10,000 9,673
Portion at Other than Fair Value Measurement | Deferred Cash Due Two Thousand Twenty Five | Level 3      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Fair value of long-term debt 0 0
Portion at Other than Fair Value Measurement | Deferred Cash Due Two Thousand Twenty Six    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Fair value of long-term debt 4,599 4,533
Portion at Other than Fair Value Measurement | Deferred Cash Due Two Thousand Twenty Six | Level 1    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Fair value of long-term debt 0 0
Portion at Other than Fair Value Measurement | Deferred Cash Due Two Thousand Twenty Six | Level 2    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Fair value of long-term debt 4,599 4,533
Portion at Other than Fair Value Measurement | Deferred Cash Due Two Thousand Twenty Six | Level 3      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Fair value of long-term debt 0 0
Senior Notes due 2029    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Net unamortized debt issuance costs 2,700 3,100
Revolving Credit Facility    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Net unamortized debt issuance costs $ 2,700 $ 3,400
[1] Unamortized debt issuance costs of $2.7 million and $3.4 million at June 30, 2025 and December 31, 2024, respectively, included in Other Non-Current Assets
[2] Net of unamortized debt issuance costs of $2.7 million and $3.1 million at June 30, 2025 and December 31, 2024, respectively.
v3.25.2
Fair Value Measurements - Narrative (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Jul. 31, 2024
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Inventories $ 14,125 $ 19,774 $ 22,473 $ 39,468  
Fair value adjustments, net, pretax 4 $ 0 $ (342) $ 0  
Mining Concessions Purchase Agreement Member          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Cash payment at closing         $ 10,000
Cash payment 12 months after closing         10,000
Cash payment 24 months after closing         $ 5,000
SilverCrest          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Fair value of Coeur payable to SilverCrest repurchased 72,311        
Inventories $ (72,000)        
v3.25.2
Derivative Financial Instruments - Summary of Provisionally Priced Sales (Details) - Gold concentrates sales agreements
$ in Thousands
Jun. 30, 2025
USD ($)
oz
$ / oz
2025  
Derivative instruments Settlement  
Notional Amount Derivative | $ $ 44,127
Derivative average price | $ / oz 3,349
Outstanding Provisionally Priced Sales Consists of Gold | oz 13,175
2026 and Thereafter  
Derivative instruments Settlement  
Notional Amount Derivative | $ $ 0
Derivative average price | $ / oz 0
Outstanding Provisionally Priced Sales Consists of Gold | oz 0
v3.25.2
Derivative Financial Instruments - Summary of Classification of Fair Value of Derivative Instruments (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Provisional metal sales contracts | Fair Value, Recurring    
Fair value of the derivative instruments    
Embedded Derivative, Fair Value of Embedded Derivative Asset $ 299 $ 222
Fair Value of Derivative Liability 62 70
Provisional metal sales contracts | Level 1 | Fair Value, Recurring    
Fair value of the derivative instruments    
Embedded Derivative, Fair Value of Embedded Derivative Asset 0 0
Fair Value of Derivative Liability 0 0
Provisional metal sales contracts | Level 2 | Fair Value, Recurring    
Fair value of the derivative instruments    
Embedded Derivative, Fair Value of Embedded Derivative Asset 299 222
Fair Value of Derivative Liability 62 70
Provisional metal sales contracts | Level 3   | Fair Value, Recurring    
Fair value of the derivative instruments    
Embedded Derivative, Fair Value of Embedded Derivative Asset 0 0
Fair Value of Derivative Liability 0 0
Silver and Gold Concentrate Sales Agreements | Prepaid expenses and other    
Fair value of the derivative instruments    
Embedded Derivative, Fair Value of Embedded Derivative Asset $ 299 $ 222
v3.25.2
Derivative Financial Instruments - Summary of Mark-to-Market Gain (Losses) on Derivative Instruments (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]        
Provisional gain (loss) on derivatives and commodity contracts $ (122) $ (998) $ 85 $ (508)
Termination of gold zero cost collars 4 0 (342) 0
Fair value adjustments, net $ (122) $ (998) $ 85 $ (508)
v3.25.2
Derivative Financial Instruments - Narrative (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Derivative [Line Items]        
Provisional gain (loss) on derivatives and commodity contracts $ (122) $ (998) $ 85 $ (508)
Termination of gold zero cost collars (4) 0 342 0
Unrealized gain (loss) on hedger, net of tax $ 0 $ (10,881) $ 0 $ (18,507)
v3.25.2
Derivative Financial Instruments - Summary of Pre-tax Gains (Losses) On Derivatives Designated as Cash Flow Hedges (Details) - Designated as Hedging Instrument - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Gains (losses) recognized in OCI - effective portion: $ 0 $ (10,881) $ 0 $ (18,507)
Gains (losses) reclassified from AOCI into net income - effective portion: 0 17,028 0 17,176
Gold Forwards        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Gains (losses) recognized in OCI - effective portion: 0 (3,893) 0 (10,886)
Gains (losses) reclassified from AOCI into net income - effective portion: 0 11,887 0 12,867
SIlver Forwards        
Derivative Instruments and Hedging Activities Disclosures [Line Items]        
Gains (losses) recognized in OCI - effective portion: 0 (6,988) 0 (7,621)
Gains (losses) reclassified from AOCI into net income - effective portion: $ 0 $ 5,141 $ 0 $ 4,309
v3.25.2
Additional Comprehensive Income (Loss) Detail - Summary of Pre-development, reclamation and other (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Other Income and Expenses [Abstract]        
Care and maintenance costs $ 2,423 $ 2,055 $ 5,050 $ 4,416
(Gain) loss on sale of assets 120 640 303 4,176
Accretion 4,900 4,154 9,632 8,230
Gain (Loss) from Litigation Settlement [1] 0   (95)  
Royalty settlement [1]   0   6,750
Acquisition related costs 2,823 0 11,710 0
Other Operating Income (Expense), Net 2,895 1,741 3,514 3,246
Pre-development, reclamation, and other $ 13,161 $ 8,590 $ 30,114 $ 26,818
[1] See Note 17 -- Commitments and Contingencies for additional details on the Kensington royalty settlement
v3.25.2
Additional Comprehensive Income (Loss) Detail - Summary of Other Non-Operating (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Other Income and Expenses [Abstract]        
Foreign exchange gain (loss) $ 246 $ 2,089 $ (512) $ 1,724
Flow-through shares 112 1,455 741 3,945
RMC bankruptcy distribution 38 1,199 38 1,199
Interest Income, Other 1,064 379 1,599 1,027
Other, net [1] $ 1,460 $ 5,122 $ 1,866 $ 7,895
[1] See Note 14 -- Additional Comprehensive Income (Loss) Detail for additional detail.
v3.25.2
Net Income (Loss) Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2024
Mar. 31, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Earnings Per Share (Textual) [Abstract]              
Number of antidilutive shares of common stock equivalents 1,100,000   29,130   2,800,000 4,600,000  
Common stock, shares issued (in shares) 642,701,753       642,701,753   399,235,632
Common stock, par value (in dollars per share) $ 0.01       $ 0.01   $ 0.01
Net Income (Loss) Attributable to Coeur Stockholders              
NET INCOME (LOSS) $ 70,726 $ 33,353 $ 1,426 $ (29,117) $ 104,079 $ (27,691)  
Weighted Average Number of Shares Outstanding              
Weighted Average Number of Shares Outstanding, Basic 637,173,000   393,838,000   576,176,000 389,403,000  
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements 5,903,000   6,071,000   6,244,000 0  
Weighted Average Number of Shares Outstanding, Diluted 643,076,000   399,909,000   582,420,000 389,403,000  
Basic EPS              
Earnings Per Share, Basic $ 0.11   $ 0.00   $ 0.18 $ (0.07)  
Diluted EPS              
Earnings Per Share, Diluted $ 0.11   $ 0.00   $ 0.18 $ (0.07)  
v3.25.2
Net Income (Loss) Per Share - Share Repurchase Program (Details) - USD ($)
$ / shares in Units, $ in Millions
 1 Months Ended
Jun. 30, 2025
Jun. 30, 2025
May 31, 2025
Apr. 30, 2025
May 27, 2025
Earnings Per Share [Abstract]          
Share repurchase program, authorized, amount         $ 75.0
Shares repurchased   216,500 0 0  
Total shares repurchased 216,500 216,500      
(b) Average price paid per share $ 9.24 $ 9.24 $ 0 $ 0  
(d) Approximate dollar value of shares that may yet be purchased under the Program (in millions)   $ 73.0 $ 75.0 $ 0.0  
v3.25.2
Supplemental Guarantor Information Condensed Consolidated Balance Sheets (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Condensed Financial Statements, Captions [Line Items]    
Current assets $ 526,309 $ 273,099
Current liabilities 327,674 330,820
Non-current liabilities 994,889 847,675
Coeur Mining, Inc.    
Condensed Financial Statements, Captions [Line Items]    
Current assets 13,127 13,782
Non-current assets(1) [1] 643,977 516,209
Non-guarantor intercompany assets 2,588 3,144
Current liabilities 16,849 31,841
Non-current liabilities 306,734 496,976
Non-guarantor intercompany liabilities 2,402 2,642
Subsidiary Guarantors    
Condensed Financial Statements, Captions [Line Items]    
Current assets 223,934 164,627
Non-current assets(1) [1] 1,489,129 1,483,632
Non-guarantor intercompany assets 0 0
Current liabilities 160,616 202,329
Non-current liabilities 255,266 260,210
Non-guarantor intercompany liabilities $ 1,663 $ 1,570
[1] Coeur Mining, Inc.’s non-current assets include its investment in Guarantor Subsidiaries.
v3.25.2
Supplemental Guarantor Information Condensed Consolidated Statements of Comprehensive Income (Loss) (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2024
Mar. 31, 2024
Jun. 30, 2025
Jun. 30, 2024
Condensed Financial Statements, Captions [Line Items]            
Revenue $ 480,650   $ 222,026   $ 840,712 $ 435,086
Net income (loss) $ 70,726 $ 33,353 $ 1,426 $ (29,117) 104,079 $ (27,691)
Coeur Mining, Inc.            
Condensed Financial Statements, Captions [Line Items]            
Revenue         0  
Gross Profit         (370)  
Net income (loss)         104,079  
Subsidiary Guarantors            
Condensed Financial Statements, Captions [Line Items]            
Revenue         470,098  
Gross Profit         176,996  
Net income (loss)         $ 129,122  
v3.25.2
Commitments and Contigencies (Details Textual)
ozt in Millions
 3 Months Ended 6 Months Ended 36 Months Ended
Jan. 01, 2027
Oct. 02, 2014
USD ($)
Jun. 30, 2025
USD ($)
shares
Jun. 30, 2024
USD ($)
Jun. 30, 2025
USD ($)
shares
Jun. 30, 2024
USD ($)
Dec. 31, 2026
Mar. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
shares
Apr. 03, 2024
shares
Mar. 31, 2024
USD ($)
Mar. 28, 2024
ozt
Dec. 31, 2023
USD ($)
Business Combination [Line Items]                          
Valued-added Tax Outstanding     $ 27,900,000   $ 27,900,000                
Revenue Recognized     $ 192,000 $ 118,000 $ 42,508,000 $ 55,277,000              
Common stock, shares issued (in shares) | shares     642,701,753   642,701,753       399,235,632        
Common stock fair value     $ 6,426,000   $ 6,426,000       $ 3,992,000        
Surety Bonds Outstanding     363,900,000   363,900,000       363,700,000        
Minimum                          
Business Combination [Line Items]                          
Estimate of possible loss     1,000,000   1,000,000                
Maximum                          
Business Combination [Line Items]                          
Estimate of possible loss     $ 13,000,000   $ 13,000,000                
Kensington Royalty Matter | Settled Litigation                          
Business Combination [Line Items]                          
Royalty payment | ozt                       2  
Common stock, shares issued (in shares) | shares     595,267   595,267         737,210      
Kensington Royalty Matter | Settled Litigation | Forecast                          
Business Combination [Line Items]                          
Royalty payment rate 1.50%           1.25%            
Palmarejo gold production royalty                          
Business Combination [Line Items]                          
Production to be sold, percent   50.00%                      
Price per ounce under agreement   $ 800                      
Aggregate deposit to be received   $ 22,000,000.0                      
Franco-Nevada Gold Stream Agreement                          
Business Combination [Line Items]                          
Production to be sold, percent   50.00%                      
Total consideration   $ 78,000,000                      
Payments to acquire businesses, gross   75,000,000                      
Common shares issued (value)   $ 3,000,000                      
Kensington                          
Business Combination [Line Items]                          
Revenue Recognized     $ 0 (42,005,000) $ (42,164,000) (97,005,000)              
Revenue liability     0 $ 43,282,000 0 $ 43,282,000   $ 0 $ 42,164,000   $ 55,112,000   $ 55,082,000
Rochester | June 2024 Prepayment                          
Business Combination [Line Items]                          
Revenue liability     17,500,000   17,500,000                
Wharf | June 2024 Prepayment                          
Business Combination [Line Items]                          
Revenue liability     $ 12,500,000   $ 12,500,000                
v3.25.2
Commitments and Contingencies - Contract Liability (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Business Combination [Line Items]        
Revenue Recognized $ 192 $ 118 $ 42,508 $ 55,277
Franco-Nevada        
Business Combination [Line Items]        
Opening Balance 6,230 6,784 6,382 6,943
Revenue Recognized (192) (118) (344) (277)
Closing Balance 6,038 6,666 6,038 6,666
Kensington        
Business Combination [Line Items]        
Opening Balance 0 55,112 42,164 55,082
Additions 0 30,175 0 85,205
Revenue Recognized 0 (42,005) (42,164) (97,005)
Closing Balance $ 0 $ 43,282 $ 0 $ 43,282
v3.25.2
Additional Balance Sheet Detail and Supplemental Cash Flow Information (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Supplemental Cash Flow Information [Abstract]    
Accrued Salaries, Current $ 29,460 $ 31,151
Flow-through share premium received (including over-allotment) 112 853
Deferred Revenue [1] 750 42,863
Accrued Income Taxes, Current 53,790 36,490
Royalty settlement [2] 0 3,750
Fresnillo deferred cash payment 10,000 9,644
Other Accrued Liabilities 7,032 6,577
Unrealized Gain (Loss) on Derivatives 62 70
Accrual for Taxes Other than Income Taxes, Current 17,472 5,491
Interest Payable, Current 6,921 8,122
Operating Lease, Liability, Current 13,546 11,598
Accrued liabilities and other $ 139,145 $ 156,609
[1] See Note 17 -- Commitments and Contingencies for additional details on deferred revenue liabilities.
(2) See Note 12 -- Fair Value Measurements for additional details on Deferred Cash Due 2025.
[2] See Note 17 -- Commitments and Contingencies for additional details on the Kensington royalty settlement
v3.25.2
Additional Balance Sheet Detail and Supplemental Cash Flow Information (Details 1) - USD ($)
$ in Thousands
Jun. 30, 2025
Mar. 31, 2025
Dec. 31, 2024
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Supplemental Cash Flow Information [Abstract]            
Cash and Cash Equivalents $ 111,646   $ 55,087 $ 74,136    
Restricted Cash Equivalent [1] 1,824     1,755    
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $ 113,470 $ 79,368 $ 56,874 $ 75,891 $ 69,240 $ 63,378
[1] Restricted cash equivalents are included in Prepaid expenses and other and Restricted assets on the Condensed Consolidated Balance Sheet.