Coeur Reports Fourth Quarter and Full Year 2016 Production Results and Provides 2017 Production Guidance

Coeur Mining Inc. (the "Company" or "Coeur") (NYSE:CDE) today announced fourth quarter production of 3.9 million ounces of silver and 102,500 ounces of gold, or 10.0 million silver equivalent¹ ounces, the highest quarterly silver equivalent¹ production in Company history.

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Full-year 2016 production was 14.8 million ounces of silver, in-line with the Company's guidance of 14.4 - 15.7 million ounces, and 358,170 ounces of gold, above the high-end of Company guidance of 333,000 - 355,000 gold ounces. Full-year silver equivalent¹ production totaled 36.3 million ounces, in line with guidance of 34.4 - 37.0 million ounces.

In 2017, Coeur expects to produce 16.4 - 18.0 million ounces of silver and 362,000 - 387,000 ounces of gold, or 38.1 - 41.2 million silver equivalent¹ ounces, an increase of over 9% year-over-year based on the midpoint of the 2017 guidance range.

Fourth quarter production highlights for each of Coeur's operations are provided below.

• Ramp-up of higher-grade, higher-margin underground operations advancing on schedule with Guadalupe and Independencia now mining at approximately 2,400 and 1,000 tons per day, respectively; targeting combined mining rate of 4,500 tons per day by year-end 2017 compared to an average of approximately 2,500 tons per day in 2016
• Full-year 2016 production of 4.4 million silver ounces and 73,913 gold ounces, or 8.9 million silver equivalent¹ ounces, was in-line with the Company's guidance range
• Full-year 2016 silver and gold grades improved 22% and 33% year-over-year to 4.68 and 0.08 oz/t, respectively
• Full-year 2016 recovery rates for silver and gold increased 4% and 6% to 88.4% and 86.5%, respectively, compared to full-year 2015 recovery rates
• Mining of the legacy underground area was completed during the fourth quarter
• Full-year 2017 production expected to increase to 6.5 - 7.0 million silver ounces and 110,000 - 120,000 gold ounces, or 13.1 - 14.2 million silver equivalent¹ ounces

• Silver equivalent¹ production increased 13% quarter-over-quarter due to improved Stage III leach pad performance resulting from strong ore placement rates throughout 2016
• Tons placed of 19.6 million in 2016 was approximately 19% higher year-over-year and the highest since Rochester first began operating in 1986
• Full-year 2016 production of 4.6 million silver ounces and 50,751 gold ounces, or 7.6 million silver equivalent¹ ounces, was in-line with the Company's guidance range
• Construction of the Stage IV leach pad expansion continues on schedule and on budget with commissioning expected in early 3Q 2017
• Full-year 2017 production expected to be 4.2 - 4.7 million ounces of silver and 47,000 - 52,000 ounces of gold, or 7.0 - 7.8 million silver equivalent¹ ounces

• Fourth quarter gold production was the highest of the year, increasing 27% quarter-over-quarter to 33,688 ounces due to higher tons milled and higher grades
• Full-year 2016 production of 124,331 ounces of gold was in-line with the Company's guidance range and relatively flat year-over-year
• Development of the Jualin decline continues on schedule with 64% completed as of year-end
• Gold production expected to be 120,000 - 125,000 ounces in 2017

• Gold production during the fourth quarter was the highest of the year at 30,675 ounces
• Grades decreased in the fourth quarter, as anticipated, due to seasonal mine sequencing
• Full-year 2016 gold production was 109,175 ounces, over 9,000 ounces above the high-end of the Company's guidance range, and 31,043 ounces higher than in 2015, primarily due to two additional months of production as well as improved grades and plant recovery rates
• Gold production expected to decrease in 2017 to 85,000 - 90,000 ounces due to of the anticipated completion of mining at the higher-grade Golden Reward deposit in mid-2017

• Silver production decreased 8% quarter-over-quarter to 1.3 million ounces due to an ongoing water shortage in Bolivia resulting from nationwide drought conditions
• Full-year 2016 production was just below the low-end of the Company's guidance range at 5.5 million ounces of silver
• 2017 silver production expected to be 5.4 - 5.9 million ounces

Coeur Capital, Inc.

• Silver production from the Company's silver stream on the Endeavor mine in Australia decreased 21% quarter-over-quarter to 43,901 ounces
• 2017 production is expected to be 300,000 - 400,000 ounces of silver due to an anticipated increase in production following recent improvements in zinc and lead prices

2016 Production Results

Coeur's 2016 silver and gold production results are shown below, along with the Company's most recent production guidance as of October 26, 2016.

2017 Production Guidance

Financial Results and Conference Call

Coeur will report its full operational and financial results for fourth quarter and full-year 2016 on February 8, 2017 after the New York Stock Exchange closes for trading. There will be a conference call on February 9, 2017 at 11:00 a.m. Eastern time.

The conference call and presentation will also be webcast on the Company’s website www.coeur.com. Hosting the call will be Mitchell J. Krebs, President and Chief Executive Officer of Coeur, who will be joined by Peter C. Mitchell, Senior Vice President and Chief Financial Officer, Frank L. Hanagarne, Jr., Senior Vice President and Chief Operating Officer, Hans Rasmussen, Senior Vice President of Exploration, and other members of management. A replay of the call will be available through February 23, 2017.

About Coeur

Coeur Mining is a well-diversified, growing precious metals producer with five precious metals mines in the Americas employing approximately 2,000 people. Coeur produces from its wholly owned operations: the Palmarejo silver-gold complex in Mexico, the Rochester silver-gold mine in Nevada, the Kensington gold mine in Alaska, the Wharf gold mine in South Dakota, and the San Bartolomé silver mine in Bolivia. The Company also has a non-operating interest in the Endeavor mine in Australia. In addition, the Company has two silver-gold exploration stage projects - the La Preciosa project in Mexico and the Joaquin project in Argentina. Coeur conducts ongoing exploration activities in Alaska, Nevada, South Dakota and Mexico.

Cautionary Statement

This news release contains forward-looking statements within the meaning of securities legislation in the United States and Canada, including statements regarding anticipated production, operations at the Palmarejo complex, mining rates, expansion at Rochester and development efforts at Kensington. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause Coeur's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, the risk that anticipated production levels are not attained, the risks and hazards inherent in the mining business (including risks inherent in developing large-scale mining projects, environmental hazards, industrial accidents, weather or geologically related conditions), changes in the market prices of gold and silver and a sustained lower price environment, the uncertainties inherent in Coeur's production, exploratory and developmental activities, including risks relating to permitting and regulatory delays, ground conditions, grade variability, any future labor disputes or work stoppages, the uncertainties inherent in the estimation of gold and silver reserves, changes that could result from Coeur's future acquisition of new mining properties or businesses, reliance on third parties to operate certain mines where Coeur owns silver production and reserves and the absence of control over mining operations in which Coeur or its subsidiaries hold royalty or streaming interests and risks related to these mining operations including results of mining and exploration activities, environmental, economic and political risks of the jurisdiction in which the mining operations are located, the loss of any third-party smelter to which Coeur markets silver and gold, the effects of environmental and other governmental regulations, the risks inherent in the ownership or operation of or investment in mining properties or businesses in foreign countries, Coeur's ability to raise additional financing necessary to conduct its business, make payments or refinance its debt, as well as other uncertainties and risk factors set out in filings made from time to time with the United States Securities and Exchange Commission, and the Canadian securities regulators, including, without limitation, Coeur's most recent report on Forms 10-K and 10-Q. Actual results, developments and timetables could vary significantly from the estimates presented. Readers are cautioned not to put undue reliance on forward-looking statements. Coeur disclaims any intent or obligation to update publicly such forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, Coeur undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of Coeur, its financial or operating results or its securities.

Christopher Pascoe, Coeur's Director, Technical Services and a qualified person under Canadian National Instrument 43-101, approved the scientific and technical information concerning Coeur's mineral projects in this news release. For a description of the key assumptions, parameters and methods used to estimate mineral reserves and resources, as well as data verification procedures and a general discussion of the extent to which the estimates may be affected by any known environmental, permitting, legal, title, taxation, socio-political, marketing or other relevant factors, Canadian investors should refer to the Technical Reports for each of Coeur's properties as filed on SEDAR at sedar.com.

Notes
1. Silver and gold equivalence calculated using a 60:1 silver to gold ratio.

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Coeur Mining Inc.
Courtney Lynn, Vice President, Investor Relations and Treasurer
(312) 489-5837
www.coeur.com