secwatch.observer — SEC 8-K summary
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Issuer:     Coeur Mining, Inc. (CDE)
CIK:        0000215466
Form:       8-K
Filed at:   2023-08-09T23:59:59+00:00
Accession:  0000215466-23-000125
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/215466/000021546623000125/0000215466-23-000125-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/215466/000021546623000125/cde-20230809.htm
  HTML page:      https://secwatch.observer/filing/0000215466-23-000125

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer