---
schema_version: "secwatch.filing_event.v1"
accession: "0000215466-23-000125"
form_type: "8-K"
ticker: "CDE"
cik: "0000215466"
company_name: "Coeur Mining, Inc."
filed_at: "2023-08-09T23:59:59+00:00"
generated_at: "2026-06-11T23:38:06.903879+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Coeur Q2 net loss $0.10/sh; Rochester expansion cost up $40-60M; gold guidance cut 5%

## Summary
- Q2 revenue $177M; GAAP net loss $32.4M ($0.10/sh); adjusted net loss $20.2M ($0.06/sh).
- Gold production 68,406 oz, silver 2.4M oz; average realized gold price $1,809/oz, silver $23.91/oz.
- Rochester expansion 97% complete; total project cost expected $710M-730M, ~$40-60M above prior guidance.
- 2023 gold production guidance lowered to 304,000-352,500 oz (~5% cut); silver guidance maintained at 10-12M oz.
- Wharf received state permit for 50-acre Boston expansion; RCF covenant amended to 5.5x net leverage for Q3.

## SEC filing metadata
- accession: 0000215466-23-000125
- form_type: 8-K
- ticker: CDE
- cik: 0000215466
- company_name: Coeur Mining, Inc.
- filed_at: 2023-08-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/215466/000021546623000125/0000215466-23-000125-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/215466/000021546623000125/cde-20230809.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000215466-23-000125
- JSON: https://secwatch.observer/filing/0000215466-23-000125.json
- Plain text: https://secwatch.observer/filing/0000215466-23-000125.txt

## Key facts
- Earnings Releases
  Coeur Mining, Inc. updated its 2023 guidance (lowered).
  - Period: 2023
  - Guidance: lowered
  - Result: guidance update
  source text: Full-year silver production guidance maintained; gold production guidance revised to reflect lower outlook at Kensington – 2023 silver production is expected to be 10 - 12 million ounces. 2023 gold production is expected to be 304,000 - 352,500 ounces, approximately 5% lower than prior full-year gold production guidance, after taking Kensington’s lower than anticipated second quarter production into account
  evidence_url: https://www.sec.gov/Archives/edgar/data/215466/000021546623000125/0000215466-23-000125-index.htm
- Earnings Releases
  Coeur Mining, Inc. reported quarter ended June 30, 2023 results: revenue $177 million, net income GAAP net loss from continuing operations of $32 million, EPS $0.10 per share.
  - Period: quarter ended June 30, 2023
  - Revenue: $177 million
  - Net income: GAAP net loss from continuing operations of $32 million
  - EPS: $0.10 per share
  - Result: reported results
  source text: Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSE: CDE) today reported second quarter 2023 financial results, including revenue of $177 million and cash flow from operating activities of $39 million. The Company reported GAAP net loss from continuing operations of $32 million, or $0.10 per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/215466/000021546623000125/0000215466-23-000125-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
