Coeur Mining
34 named things its latest annual report says its results depend on, each in the company's own words. 13 of them are also named by other companies we've read.
Customers
Kensington gold concentrate offtake agreement
earns fromOur gold concentrate product from the Kensington mine is sold under a long-term offtake agreement and is shipped to geographically diverse third-party smelters.Business (Item 1)
Suppliers
Third-party refiners and smelters
depends onnamed as a riskAny delay or loss of access to refiners or smelters may significantly impact our ability to generate revenues by selling doré and concentrate products.Risk factors (Item 1A)
Other companies
New Gold Inc.
termination fee of $413 millionnamed as a riskThe Arrangement Agreement provides that, upon termination of the Arrangement Agreement under certain circumstances, Coeur would be required to pay New Gold a termination fee of $413 million and reimburse New Gold for expenses incurred in connection with the New Gold Transaction.Risk factors (Item 1A)
SilverCrest Metals Inc.
239,331,799 Coeur common sharesnamed as a riskAs a result of the SilverCrest Transaction, Coeur’s business has expanded to include the Las Chispas mine in Sonora, Mexico.Risk factors (Item 1A)
Mexican government VAT receivable
$26.0 millionnamed as a riskWhile the Company believes that it remains legally entitled to be refunded the full amount of the unduly paid VAT receivable and intends to rigorously continue its recovery efforts, based on the continued failure to recover the receivable and unfavorable Mexican court decisions, the Company determined to write down the carrying value of the receivable of $26.0 million at September 2021.Risk factors (Item 1A)
Mexican ejidos
depends onnamed as a riskWhile we have agreements with the ejidos that impact all of our projects in Mexico, some of these agreements may be subject to renegotiation or legal challenges.Risk factors (Item 1A)
Palmarejo gold stream
named as a riskNo assurances can be given that all mineral reserves will be mined, as mineralized material that may qualify as reserves under applicable standards by virtue of being economic to mine may not generate attractive enough returns to be included in our mine plans, due to factors such as the impact of the gold stream at Palmarejo.Risk factors (Item 1A)
Fresnillo plc
Because mines have limited lives based on proven and probable mineral reserves, our ability to achieve significant additional growth in revenues and cash flows will depend upon our success in further developing and expanding existing properties and the opportunistic acquisition or development and start-up of exploration projects or new mining properties, such as the acquisition of mining concessions from a subsidiary of Fresnillo plc that are located adjacent to the existing Palmarejo site, the acquisition of SilverCrest Metals Inc. (“SilverCrest”) in February 2025, which operates the Las Chispas mine in Sonora, Mexico (the “SilverCrest Transaction”) and the expected integration of two Canadian mines, New Afton and Rainy River, as part of Coeur’s upcoming acquisition of New Gold.Risk factors (Item 1A)
Places
Mexico
concentrated innamed as a riskA significant portion of our revenues is generated by operations outside the United States, particularly Mexico.Risk factors (Item 1A)
Also named by AAP, AME, AMRC, ANET, AOS, ARES, AYI, AZO and 83 more
Nevada
operates innamed as a riskFor example, in Nevada, where the Rochester mine is located, in response to a significant loss of tourism and gaming revenue as a result of the COVID-19 pandemic, in June 2021, the Governor signed into law a new excise tax on gross proceeds derived from mining gold and silver.Risk factors (Item 1A)
Sonora, Mexico
operates innamed as a riskWhile the precise impact of these factors is uncertain, their convergence may render the Las Chispas mine economically unfeasible, potentially leading to closure.Risk factors (Item 1A)
Chihuahua, Mexico
operates innamed as a riskThese conditions, including security concerns in certain communities surrounding the Palmarejo complex impacting third-party deliveries of supplies to Palmarejo, could adversely impact our operations and lead to lower productivity and higher costs, which would adversely affect results of operations and cash flows.Risk factors (Item 1A)
Alaska
operates inThe Kensington underground gold mine, located north of Juneau, Alaska, which began operations in 2010.Business (Item 1)
South Dakota
operates inThe Wharf open pit heap leach gold mine, located near Lead, South Dakota, which began operations in 1982.Business (Item 1)
Hazards
Drug cartel violence in Mexico
operates innamed as a riskIn addition, higher incidences of criminal activity and violence in the area of some of our foreign operations, including drug cartel-related violence in Mexico, could adversely affect our ability to operate in an optimal fashion and may impose greater risks of extortion and theft, greater risks to our personnel and property, greater risks to the transport of materials to refineries, and greater risks to the supply of services and goods to our operations, including specialized equipment.Risk factors (Item 1A)
Wharf mine crushing facility fire
named as a riskFor example, a fire recently occurred in the Wharf mine crushing facility, which disabled the facility and necessitated the use of temporary crushers pending repairs.Risk factors (Item 1A)
Commodities and inputs
Gold
exposed to its price · A 10% change in realized gold prices would cause revenue to vary by $5.8 million.named as a riskBecause we derive all of our revenues from sales of these metals, our results of operations and cash flows will fluctuate as the prices of these metals change.Risk factors (Item 1A)
Also named by AMKR, APH, BLK, DC, EZPW, FCFS, FCX, HL and 10 more
Copper
exposed to its pricenamed as a riskAdditionally, with the upcoming acquisition of New Gold, our results of operations and cash flows will fluctuate as the prices of copper changes.Risk factors (Item 1A)
Also named by AAON, AGX, AMKR, APG, APH, APLD, BMI, BWA and 58 more
Water
depends onnamed as a riskIn particular, our properties in Mexico and Nevada are in areas where water is scarce and competition among users for continuing access to water is significant.Risk factors (Item 1A)
Also named by ADM, BF/B, CELH, CNX, CRGY, DE, EOG, EQIX and 9 more
Zinc
exposed to its pricenamed as a riskDeclines in the market prices of gold, silver, zinc or lead may render mineral reserves and mineral resources containing relatively lower grades of mineralization uneconomic to exploit, and we may be required to reduce mineral reserve and mineral resource estimates, discontinue development or mining at one or more of our properties or write down assets as impaired.Risk factors (Item 1A)
Also named by FBIN, HL, HLMN, JBI, LFUS, LNN, MAS, MLI and 6 more
Regulators
U.S. Department of Energy
subject tonamed as a riskThe DOE is undergoing processes to designate such a facility and to establish storage and handling fees, which is not yet final.Risk factors (Item 1A)
Also named by AAON, AMRC, AOS, BWXT, CDRE, CEG, CLF, CW and 16 more
U.S. Mine Safety and Health Administration (MSHA)
subject tonamed as a riskU.S. surface and underground mines like the Kensington, Rochester and Wharf mines are regularly inspected by the U.S. Mine Safety and Health Administration (“MSHA”).Risk factors (Item 1A)
Also named by AESI, ARLP, BTU, GVA, HCC, HL, MLM, MP and 4 more
Mexican Supreme Court
subject tonamed as a riskFor example, in January 2024, the Mexican Supreme Court issued a ruling that invalidated certain non-material surface water rights previously utilized at Palmarejo.Risk factors (Item 1A)
Mexican Secretaría del Trabajo y Previsión Social
subject tonamed as a riskSimilar inspections are conducted at the Silvertip exploration property in British Columbia, Canada by the British Columbia Ministry of Mining and Critical Minerals, in Mexico at the Palmarejo complex and Las Chispas mine by the Mexican Secretaria del Trabajo y Prevision Social (Secretary of Labor and Social Safety).Risk factors (Item 1A)
London Bullion Market Association
subject toThe doré produced at the Las Chispas mine, Palmarejo complex, and Rochester mine, as well as the electrolytic cathodic sludge produced by the Wharf mine, is refined by a geographically diverse group of third-party refiners into gold and silver bullion according to benchmark standards set by the London Bullion Market Association, which regulates the acceptable requirements for bullion traded in the London precious metals markets.Business (Item 1)
Laws and programs
CERCLA
subject tonamed as a riskIn addition, if any of these wastes causes contamination in or damage to the environment at a U.S. mining facility, that facility could be designated as a “Superfund” site under the Comprehensive Environmental Response, Compensation, and Liability Act (“CERCLA”).Risk factors (Item 1A)
Also named by AA, AAOI, ALB, AN, APD, APLD, ATI, AWK and 27 more
Resource Conservation and Recovery Act (RCRA)
subject tonamed as a riskIf the EPA were to repeal this exemption and designate these mining wastes as hazardous under RCRA, we would be required to make significant expenditures to manage the waste and to construct hazardous waste storage or disposal facilities.Risk factors (Item 1A)
Also named by AN, CLH, CTAS, ESI, HL, LB, MLM, NUE and 7 more
Investment Canada Act
subject tonamed as a riskThe New Gold Transaction is conditional upon, among other closing conditions, approval by the Canadian government under the Investment Canada Act.Risk factors (Item 1A)
Also named by QSR
Mexico mining royalties and taxes
subject tonamed as a riskIn late 2024, Mexico raised taxes (which are labeled as fees) on EBITDA and revenues from gold and silver.Risk factors (Item 1A)
Mexico mining, water and environmental law amendments
subject tonamed as a riskRecent amendments to mining, water and environmental laws in Mexico, and the subsequent corresponding regulations thereto, could impose additional restrictions on our ability to obtain and maintain mining and water rights and operate in Mexico, among other potentially adverse provisions.Risk factors (Item 1A)
Mercury Export Ban Act of 2008
subject tonamed as a riskThe outcome could result in material cost being incurred to ship and store mercury from our Rochester operation.Risk factors (Item 1A)
Las Chispas operating permit
subject tonamed as a riskHowever, we are in the process of amending an operating permit at Las Chispas that is set to expire in November 2026, which is expected to support future planned activities.Business (Item 1)
General Law of Ecological Balance and Protection of the Environment (GLEBPE)
subject tonamed as a riskAirborne emissions are subject to controls under air pollution statutes implementing the Clean Air Act in the U.S. and are regulated under the Environmental Management Act in British Columbia (Canada) and the GLEBPE and the regulations under GLEBPE related to prevention and control of the pollution of the atmosphere in Mexico.Risk factors (Item 1A)