Coeur Reports Strong Operating Cash Flow and Record Gold Production in 2012; Expected Production Growth in 2013 Driven by Rochester Expansion

Coeur d'Alene Mines Corporation (NYSE: CDE) (TSX: CDM) reported strong
operating cash flow¹ of $338.7 million from metal sales of
$895.5 million for the full year 2012. Production totaled 18.0 million
silver ounces and a record 226,486 gold ounces. Coeur expects to
generate robust operating cash flow from anticipated 2013 production of
18.0 - 19.5 million ounces of silver and a record 250,000 - 265,000
ounces of gold.

Coeur repurchased nearly $20.0 million, or 0.9 million common shares,
during the second half of 2012. Coeur also acquired the remaining
interest of the Joaquin silver-gold project in Argentina in December
2012 for $60 million of cash and stock.

2012 Highlights

• 
  Silver production was 18.0 million ounces, a 6% decrease from 2011.
  
• 
  Gold production was a record 226,486 ounces, up 3% from 2011.
  
• 
  Average realized prices were $30.92 per silver ounce and $1,665 per
  gold ounce, down 12% for silver and up 7% for gold from 2011.
  
• 
  Net metal sales totaled $895.5 million, down 12% from 2011.
  
• 
  Operating cash flow¹ totaled $338.7 million, down 25% from
  2011. Including changes in working capital, net cash from operating
  activities was $271.6 million compared with $416.2 million in 2011.
  
• 
  Consolidated cash operating costs¹ were $7.57 per silver
  ounce compared with $6.31 per silver ounce in 2011.
  
• 
  Kensington's cash operating costs¹ per gold ounce were
  $1,358 compared with $1,088 in 2011 and ended 2012 at $950 per ounce
  during December.
  
• 
  Adjusted earnings¹ were $121.5 million or $1.36 per share,
  compared with $232.5 million, or $2.60 per share, in 2011. Net income
  for 2012, which included a non-cash fair market value adjustment of
  negative $23.5 million, was $48.7 million, or $0.54 per share,
  compared with net income of $93.5 million, or $1.05 per share, in 2011.
  
• 
  Cash, cash equivalents and short-term investments were $126.4 million
  at December 31, 2012, compared with $195.3 million a year ago.
  

2013 Outlook

• 
  Coeur expects to produce 18.0 - 19.5 million ounces of silver and
  250,000 - 265,000 ounces of gold in 2013.
  
• 
  Cash operating costs¹ per ounce are estimated at $8.00 -
  $9.00 per silver ounce, assuming a gold by-product price of $1,650 per
  ounce. Kensington's cash operating costs¹ are estimated at
  $900 - $950 per gold ounce.
  
• 
  Coeur expects to invest $40.0 million in exploration with the goal of
  increasing estimated mineral reserves and resources at year-end 2013.
  

Mitchell J. Krebs, Coeur's President and Chief Executive Officer, said,
'Coeur has grown considerably over the past five years and is now one of
the world's largest silver producers. Today, we have a new management
team, a stronger balance sheet and a disciplined but aggressive approach
to moving the Company forward which we believe will lead to operational
consistency, substantial growth and long-term value creation for our
shareholders.

'We expect 2013 to be a strong year for Coeur, supported by significant
expected growth at Rochester, a full year of steady state operations at
Kensington, and stable production at Palmarejo and San Bartolom?. We
worked through operational challenges at Palmarejo and San Bartolom? in
the fourth quarter and expect these operations to achieve sustainable
production rates in 2013 and beyond.

'Production at Rochester is expected to increase 35% - 50% this year
versus 2012 levels, which we anticipate will drive cash operating costs
down and significantly increase the mine's cash flow. This expansion
will require an investment of approximately $30 - $35 million in 2013
and we expect it will allow annual production of 4.5 - 5.0 million
silver ounces and approximately 45,000 gold ounces to continue for at
least seven years. We are enthusiastic about future opportunities to
expand production at Rochester even further that could make this asset
the second largest producer in our portfolio.

'We are pleased to see positive results at Kensington after taking six
months to re-tool the operation to generate consistent performance. We
will also invest approximately $20 million of capital at San Bartolom?
in 2013 in order to boost annual production by 10% - 15% in 2014 and
beyond. This investment is expected to generate a near triple digit rate
of return.'

Commenting on further 2013 goals, Mr. Krebs said, 'For good reason,
investors are demanding that mining companies demonstrate capital
discipline, focus on true value creation, return capital to
shareholders, and control costs in order to provide operating leverage
to higher metals prices. Our organization is focusing on these
priorities and on reducing the risks to our business in order to provide
investors a compelling rationale to own our shares. Our key objectives
in 2013 are:

• 
  Achieve excellence in employee health and safety, environmental
  stewardship and community relations.
  
• 
  Double our efforts to achieve operational consistency and reliability
  by improving planning, maintenance and execution of our key capital
  projects.
  
• 
  Invest in accretive, high-return internal and external growth
  opportunities - including our own shares - in order to build net asset
  value and resources on a per share basis.
  
• 
  Maximize free cash flow by containing operating costs, identifying
  revenue enhancement opportunities, proactively managing working
  capital.
  
• 
  Continue strengthening our organizational structure and management.
  
• 
  Maintain an aggressive approach toward investing in exploration, which
  served the Company well in 2012.?
  

Net metal sales for 2012 decreased from 2011 to $895.5 million
due to lower second half production at Palmarejo and San Bartolom?,
closure of the Martha underground mine in Argentina and a lower average
realized silver price. This decrease in metal sales was partially offset
by increased production at Rochester and a higher average realized gold
price compared with 2011. Silver contributed 61% of the Company's total
metal sales in 2012 compared with 65% in 2011.

Consolidated production costs were $456.8 million in 2012, a 9%
increase from 2011. During the fourth quarter of 2012, total production
costs of $107.4 million were flat compared with the fourth quarter 2011.

Higher cash operating costs¹ per silver ounce
were due to lower production compared with 2011, including low
production from Martha, which ceased active mining operations in
September 2012. Unit costs were also impacted by remediation work in the
underground operations and increased stripping of waste tons in the open
pit operations at Palmarejo and overall increased maintenance costs.

Prior to changes in working capital, Coeur generated $338.7 million in operating
cash flow¹ in 2012 compared with $454.4 million in
2011. Including changes in working capital, net cash from operating
activities was $271.6 million compared with $416.2 million in 2011.
Fourth quarter operating cash flow¹ of $79.2 million improved
from $77.3 million in the third quarter 2012 but decreased from $97.5
million in the fourth quarter 2011.

Coeur reports a non-U.S. GAAP metric of adjusted earnings¹
as a measure of operating income, which excludes non-cash fair value
adjustments, other non-cash adjustments, deferred taxes and discontinued
operations. Adjusted earnings were $121.5 million ($1.36 per share) in
2012, compared with $232.5 million ($2.60 per share) in 2011. Fourth
quarter adjusted earnings were $26.2 million ($0.29 per share) compared
with $25.8 million ($0.29 per share) in the third quarter 2012 and $43.2
million ($0.48 per share) in the fourth quarter 2011.

On a U.S. GAAP basis, the Company realized net income of $48.7
million ($0.54 per share) in 2012 compared with net income of $93.5
million ($1.05 per share) in 2011. Reduced metal sales and fair value
adjustments of negative $23.5 million reduced net income for 2012, while
2011 net income was reduced by fair value adjustments of negative $52.1
million. Fourth quarter net income, after fair value adjustments of
$21.2 million, was $37.6 million ($0.42 per share) compared with net
loss of $15.8 million, or $0.18 per share, after fair value adjustments
of negative $37.6 million, in the third quarter 2012 and a net income of
$11.4 million, or $0.13 per share, after fair value adjustments of $19.0
million, in the fourth quarter 2011.

Fair value adjustments are driven primarily by lower or higher gold
prices, which decrease or increase, respectively, the estimated future
liabilities related to a gold royalty obligation at Palmarejo.

Capital expenditures were $115.6 million in 2012, a 4% decrease
from 2011. Capital expenditures were primarily related to capitalized
exploration drilling and development of the Guadalupe satellite
operation located six kilometers from the main Palmarejo operation,
underground development at Palmarejo, and tailings expansion,
underground development and infrastructure improvements at Kensington.

Cash, cash equivalents and short-term investments were $126.4
million at December 31, 2012. In August 2012, the Company entered into a
four year senior secured revolving credit facility of up to $100
million, which remains undrawn.

In January 2013, Coeur raised net proceeds of $291.1 million in 7.875%
Senior Notes due 2021, resulting in current cash, cash equivalents and
short term investments of approximately $400 million. Including the
undrawn revolving credit facility, the Company has available liquidity
of approximately $500 million.

Shares outstanding at the end of 2012 totaled 90.3 million.

Palmarejo, Mexico - Lower Grades Offset Higher Tons Mined

• 
  Palmarejo produced 8.2 million ounces of silver and 106,038 ounces of
  gold in 2012, down 9% and 15%, respectively, compared with 2011.
  
• 
  Cash operating costs¹ per silver ounce of $1.33 in 2012
  compared with negative cash operating costs¹ of $0.97 in
  2011 were a result of lower production, remediation work in the
  underground operations, accelerated open pit mining and higher
  maintenance costs.
  
• 
  Normal mining rates resumed in the underground operation late in the
  fourth quarter in the upper 76 zone and production from zone 108
  commenced as planned. A lower overall mining rate in zone 76 was
  partially offset by planned mining rates in zone 108, which contains
  lower grade ore.
  
• 
  A record 465,498 tons were mined in the open pit in the fourth
  quarter, a 10% increase from the third quarter 2012 and 45% higher
  than open pit tons mined in the fourth quarter 2011. Silver grades in
  the new phase of the pit are expected to increase gradually over 2013.
  
• 
  A record 563,123 tons of ore processed partially offset lower mill
  feed grades in 2012. The Palmarejo mill recorded solid recovery rates
  of 84.2% in silver and 91.4% in gold for the fourth quarter.
  
• 
  Sales and operating cash flow¹ totaled $442.1 million and
  $233.1 million, respectively, in 2012, including $79.4 million and
  $33.2 million in the fourth quarter. Capital expenditures were $38.5
  million in 2012.
  
• 
  The Company is optimizing the mine plan for Guadalupe and will provide
  operational details during the second half of the year. Guadalupe is
  expected to commence initial production in the second half of 2013.
  

San Bartolom?, Bolivia - High Return Capital Investment Expected to
Increase Production in 2014

• 
  Silver production was 5.9 million ounces in 2012, compared with 7.5
  million ounces in 2011. Fourth quarter production of 1.3 million
  ounces of silver decreased from the third quarter due to lower silver
  grade and downtime resulting from grinding mill maintenance.
  
• 
  Cash operating costs¹ per silver ounce were $11.76 in 2012
  compared to $9.10 in 2011, primarily due to lower production despite
  flat operational spending.
  
• 
  Sales and operating cash flow¹ totaled $178.0 million and
  $72.4 million, respectively, in 2012, including $37.0 million and
  $17.4 million, respectively, in the fourth quarter 2012. Capital
  expenditures were $25.7 million.
  
• 
  The Company plans to increase mill capacity approximately 15% through
  an estimated capital expenditure of $17.0 - $20.0 million. This
  expansion is expected to increase the mine's annual production to 6.0
  million ounces of silver over the next seven years at reduced cash
  operating costs per ounce¹.
  
• 
  Duilio Rivero has joined the Company as General Manager of San
  Bartolom?. Mr. Rivero was most recently the General Manager at
  Nyrstar's Campo Morado Mine in Mexico. Previously, he was General
  Manager for Nyrstar's El Toqui mine in Chile and for Yamana's
  Gualcamayo mine in Argentina. He is a mining engineer with over 20
  years of experience in diverse roles in open pit and underground mines
  in South America. Mr. Rivero graduated from the University of San
  Juan, Argentina.
  

Rochester, Nevada - High Return Investment Drives Expanded Production
in 2013 and Beyond

• 
  Rochester achieved its highest production quarter of the year in the
  fourth quarter, reaching full year production of 2.8 million silver
  ounces and 38,066 gold ounces, significantly higher than 2011.
  Increased production was the result of the first full year of
  production from a new heap leach pad, which was commissioned in late
  2011.
  
• 
  Cash operating costs¹ of $9.62 per silver ounce in 2012
  were 58% lower than $22.97 in 2011. Fourth quarter cash operating costs¹
  were $2.17 per silver ounce compared to $37.99 per silver ounce
  in the fourth quarter of 2011.
  
• 
  Sales and operating cash flow¹ totaled $132.4 million and
  $53.5 million, respectively, in 2012, including $43.2 million and
  $21.5 million, respectively, in the fourth quarter 2012. Capital
  expenditures were $11.8 million.
  
• 
  In 2013, the Company plans a major crusher and heap leach capacity
  expansion at Rochester to boost production to 4.5 - 4.9 million ounces
  of silver and 44,000 - 46,000 ounces of gold.
  
• 
  Total capital expenditures are expected to be $30.0 - $35.0 million in
  2013, including $23.0 - $26.0 million of growth capital and the
  remainder for sustaining capital. The Company is investing $4.0
  million during 2013 to expand the capacity of the primary crusher from
  9.0 million tons to the currently permitted annual rate of 14.0
  million tons. In addition (subject to final permits) the Company
  expects to expand the mine's heap leach capacity on existing pads to
  approximately 67.0 million tons at an estimated capital cost of
  approximately $15.0 million to accommodate higher production rates of
  ore coming from historic stockpiles.
  
• 
  Further expansion potential is being planned. Engineering and
  permitting are underway for 40.0 million tons of additional pad
  capacity with expected initial production in 2016 to further extend
  the mine life and increase production rates from historic stockpiles.
  This capital project is estimated to cost $10.0 million scheduled for
  2015-2016.
  

Kensington, Alaska - First Full Year of Steady Operations to Drive
Higher Production and Cash Flow

• 
  Kensington produced 28,717 ounces of gold in the fourth quarter, its
  highest quarterly production for the year, and 18% higher than third
  quarter. Full year 2012 gold production was 82,125 ounces.
  
• 
  Cash operating costs¹ per gold ounce were $1,358 in 2012,
  compared to $1,088 per ounce in 2011, due to a short-term production
  scale back to complete several underground and surface infrastructure
  projects and to establish increased underground development footage.
  
• 
  As production ramped up in April 2012, cash operating costs¹
  per gold ounce declined 40% through year-end to $1,065 per ounce in
  the fourth quarter and to $950 per ounce in December 2012.
  
• 
  Sales totaled $111.0 million in 2012 and $43.0 million in the fourth
  quarter 2012. Kensington generated $14.5 million in operating cash flow¹
  in the fourth quarter and $14.5 million for the full year 2012 after
  roughly breaking even on a cash flow basis after the first nine months
  of 2012. Capital expenditures were $37.0 million in 2012.
  

Organizational Update

Frank L. Hanagarne, Jr. was appointed Senior Vice President and Chief
Operating Officer effective February 4, 2013, as reported in the
Company's Form 8-K filed on February 7, 2013. The Company is conducting
a search for a new Chief Financial Officer while Mr. Hanagarne continues
in that role in the interim. Mr. Hanagarne joined Coeur as Senior Vice
President and Chief Financial Officer in October 2011 and assumed the
duties of principal operating officer in January 2013. Mr. Hanagarne has
over 30 years of industry experience in operations, finance and business
development. He was previously the Chief Operating Officer of Valcambi,
a precious metal refiner in Switzerland in which Newmont has an equity
interest. Prior to that, he was Director of Corporate Development for
Newmont. In his 17 years at Newmont, Frank also served as Mill Project
Superintendent, Advisor in Corporate Health and Safety and Loss
Prevention and held various positions of increasing responsibility in
operations, business functions and environmental, health and safety. ?Mr.
Hanagarne has a Master's in Business Administration degree from the
University of Nevada, Reno, and a Bachelor of Metallurgical Engineering
degree from the New Mexico Institute of Mining and Technology.

In addition, Antonio Adames has been promoted to Vice President of
Mexican and South American Operations. In his new role, Mr. Adames is
responsible for overseeing the Palmarejo and San Bartolom? mines, the
Joaquin project, new projects and business development, directing
operational procedures and site management teams. Mr. Adames joined
Coeur in 2008 as the Operations Manager for San Bartolom? and was
promoted to General Manager of the mine in 2010. He was previously the
Commissioning Manager for Pan American's San Vicente project in Bolivia.
He has broad mining and processing experience in Bolivia, Honduras,
Nicaragua and the Dominican Republic. Mr. Adames graduated with a
Bachelor of Science degree in Chemical Engineering from the University
of Santo Domingo, Dominican Republic.

Acquisition of Full Interest in Joaquin Project

In December 2012, Coeur consolidated its ownership of the Joaquin
project in the prolific mining province of Santa Cruz, Argentina, in a
stock and cash transaction. As noted in the Company's news release of
December 11, 2012, the Company believes that Joaquin has substantial
exploration upside and potential to become a significant silver
producer. Joaquin has measured and indicated resources of 65.2 million
ounces of silver and 61,000 ounces of gold, and inferred resources of
3.1 million ounces of silver and 4,000 ounces of gold at year-end 2012.²
Coeur intends to continue the drilling program at Joaquin and advance
feasibility work during 2013. The subsequent development decision will
be based on the economics of the project and our assessment of the
political and business environment in Argentina at that time.

Mineral Reserves and Resources²

As reported in its news release dated February 15, 2013, Coeur increased
its total combined proven and probable reserves and measured and
indicated resources of silver and gold by 19% and 12%, respectively,
resulting in the addition of 85.2 million silver ounces and 462,000 gold
ounces at year-end 2012 over 2011. These gains exclude the 18.0 million
ounces of silver and 226,486 ounces of gold produced during 2012.

Companywide proven and probable silver reserves increased 2% from 2011
to 220.4 million ounces. Measured and indicated silver resources
increased 36% in 2012 compared to 305.0 million ounces in 2011. Proven
and probable gold reserves declined 13% to 2.0 million ounces in 2012
while measured and indicated gold resources increased 45% to 2.4 million
ounces compared to year-end 2011.

At Rochester, the Company increased silver and gold reserves by 52% and
25%, respectively, over 2011 after producing 2.8 million silver ounces
and 38,071 gold ounces in 2012. As described in the Company's January
17, 2013 news release, Rochester expects to increase production by 35 -
50% based on continued processing of historic stockpiles. These historic
stockpiles contributed to the increases in silver and gold reserves.

At Palmarejo, year-end 2012 consolidated silver and gold measured and
indicated resources increased 169% from 17.0 million to 45.7 million
ounces of silver and 370% from 205,000 to 964,000 ounces of gold
compared to year-end 2011.

Exploration

The Company invested $40.0 million in exploration in 2012, a 51%
increase from 2011. A total of 625,152 feet (190,546 meters) were
completed at the operations, with approximately 88% devoted to the
operations. A similar portion of the $40.0 million exploration program
for 2013 is focused on resource-to-reserve conversion at the operations.

During 2013, the Company plans to invest another $40.0 million in
exploration with a goal to increase mineral resources and to further
define its measured, indicated and inferred resources, which should
drive increases in its mineral reserves. The Company will focus in 2013
on 1) continuing to drill the historic stockpiles at Rochester to add
low-cost reserves and resources; 2) expanding the existing reserves and
resources at Palmarejo, including the nearby Guadalupe and La Patria
deposits; 3) adding high-grade mineral resources at Kensington; 4)
expanding the size of the mineral resources at the Joaquin project in
Argentina; and 5) exploring for new silver and gold deposits at all of
our properties.

Palmarejo, Mexico²

In 2012, the $19.9 million exploration program at the Palmarejo district
completed 341,975 ?feet (104,234 meters) of drilling. This included
149,635 feet (45,609 meters) of surface and underground drilling around
the current Palmarejo mine. The remainder was devoted to the Guadalupe
and La Patria deposits and other new targets such as La Independencia in
the district. In 2013, over 95% of a $15.8 million exploration program
in Mexico is earmarked for the Palmarejo district.

• 
  Year-end silver and gold measured and indicated resources grew 169%
  from 17.0 million to 45.7 million ounces of silver and 370% from
  205,000 to 964,000 ounces of gold compared to year-end 2011. Gains
  were realized in the immediate Palmarejo mine area followed by La
  Patria and Guadalupe.
  
• 
  Guadalupe grew by 42% in silver and 31% in gold measured and indicated
  resources to 11.9 million ounces of silver and 134,000 ounces of gold,
  respectively.
  
• 
  First time indicated resources from La Patria, located approximately
  nine kilometers from the main Palmarejo mine processing facility,
  totaled 9.8 million ounces of silver and 0.5 million ounces of gold.
  La Patria is being evaluated for standalone mining and processing and
  as feed for Palmarejo.
  
• 
  During 2012, drilling to expand the main known Palmarejo deposits
  focused on the Tucson-Chapotillo zones with surface drilling and on
  the Rosario, 76 and 108 zones with underground drilling.
  
• 
  At year-end 2012, Palmarejo's proven and probable reserves totaled
  53.1 million ounces of silver and 665,000 ounces of gold.
  

Rochester, Nevada, USA²

The Company spent $3.9 million in exploration at Rochester in 2012,
resulting in significant increases in reserves and measured and
indicated resources at year-end 2012. The Company completed 138,121 feet
(42,099 meters) of reverse circulation, Sonic ? (rotary vibratory
drilling) and core drilling at the Rochester North and West historic
stockpiles, and Northwest Rochester, Nevada Packard and South Mystic
areas in 2012. The Company has allocated $3.5 ?million for exploration at
the Rochester property in 2013.

• 
  Drilling on just two of six historic stockpiles was successful in
  defining new mineral resources and mineral reserves at Rochester.
  Drilling will continue on these and the other stockpiles in 2013.
  
• 
  Rochester's year-end silver proven and probable reserves were 44.9
  million ounces of silver and 308,000 of gold, up 52% and 25%,
  respectively, over 2011. Silver measured and indicated resources
  increased 7% from 112.3 million ounces at year-end 2011 to 120.7
  million ounces at year-end 2012.
  

Kensington, Alaska, USA²

During 2012, the Company spent $7.1 million on exploration at
Kensington, completing 143,796 ?feet (43,829 meters) of core drilling
mostly devoted to in-fill drilling of Block K and the Raven veins.
Additional drilling focused on other targets such as Kensington South,
the Ann Trend, Elmira and the historic Jualin mine. The Company plans
for an additional underground drilling program in 2013 on Zone 10, Zone
50, Zone 30, Kensington South, Elmira vein, and Ann. Continued surface
drilling is planned at Jualin and several other targets on the property.
The total 2013 Kensington exploration program is expected to be $8.6
million.

• 
  Increased definition drilling to $3.9 million improved model
  reconciliation to production in 2012 has improved the Company's
  overall understanding of the Kensington deposit. This has enabled the
  Company to develop a more reliable and accurate mine plan, and improve
  exploration targeting, which is expected to subsequently add to the
  reserve and resource base.
  
• 
  Drilling results at the Raven vein, located approximately 2,000 feet
  (600 meters) from the main underground workings at Kensington,
  identified initial proven and probable reserves of 50,400 ounces
  contained within 151,000 tons, at an average gold grade of 0.33 opt,
  51% higher than the overall average reserve grade at Kensington.
  
• 
  Kensington's proven and probable reserves totaled 1.0 million ounces
  of gold compared with 1.3 million ounces of gold in 2011.
  

San Bartolom?, Bolivia²

In 2012, the Company invested $0.4 million in exploration trenching and
sampling at several silver-bearing gravel deposits at San Bartolom?. The
Company has planned a $0.7 million exploration program in 2013.

• 
  Exploration in the second half of 2012 confirmed a new silver
  discovery called Pucka Loma, which occurs approximately 2.4 miles (4
  kilometers) northwest of the San Bartolom? mill facility. Exploration
  trenching and sampling has defined silver mineralization in two
  separate zones. The largest of which, Pucka Loma Main, measures
  approximately 1,300 feet (400 meters) east to west by 2,800 feet (850
  meters) north to south. Infill trenching and sampling are underway
  now, ?the results of which will be used to prepare an estimate of the
  in-situ silver tons and grade.
  
• 
  San Bartolom? has long lived proven and probable reserves of 109.1
  million ounces of silver, after production of 5.9 million ounces of
  silver in 2012, compared with 118.0 million ounces of silver at
  year-end 2011.
  

Joaquin Project, Argentina²

The Company spent $5.8 million at the Joaquin project in the prolific
mining province of Santa Cruz, Argentina, completing 54,809 ?feet of
drilling (16,706 meters) at the two known deposits, La ?Negra and
La ?Morocha, and conducting preliminary metallurgical work. Joaquin is
located about 70 kilometers north of the Company's former Martha mine,
which closed in September 2012. In December 2012, the Company acquired
the remaining interest in Joaquin to consolidate its ownership. The
Company has earmarked $3.3 million for exploration drilling in 2013,
which is expected to expand the two deposits, allow the Company to test
new targets on the property and to conduct further engineering and
metallurgical work to advance the feasibility work.

• 
  Joaquin's silver and gold ounces of measured and indicated resources
  increased by over 234% and 74%, respectively, from the pro forma 100%
  interest year-end 2011 mineral estimates, to 65.2 million ounces of
  silver and 61,000 ounces of gold.
  
• 
  The average silver grade of the measured and indicated mineral
  resources increased 52% from 2.48 to 3.78 ounces per ton.
  

Lejano Project, Argentina²

The Lejano project in Argentina, located approximately 80 kilometers
north of Joaquin, reported first time indicated resources of 3.0 million
ounces of silver and 10,000 ounces of gold and inferred resources of 5.7
million ounces of silver and 19,000 ounces of gold. In 2012, the Company
invested $1.4 million at at Lejano completing 4,888 feet of drilling
(1,490 meters). Coeur expects to invest $1.8 million in exploration
activities at Lejano in 2013.

2013 Outlook

Estimated production for 2013 is provided in the table below and was
reported in the Company's January 17, 2013 news release. 2013 cash
operating costs¹ after by-product credit (assuming the
current gold price of approximately $1,650 per ounce), are expected to
be $8.00 - $9.00 per silver ounce. Kensington's 2013 cash operating costs¹
are expected to decline significantly to $900 - $950 per gold
ounce. Higher silver and gold production and corresponding lower cash
operating costs¹ per ounce of silver and gold are expected in
the second half of 2013 compared to the first half of the year. Capital
expenditures for 2013 are estimated at $125 - $140 million, including
$64 - $69 million in sustaining capital and $60 - $71 million in growth
capital.

Conference Call Information

Coeur will hold a conference call to discuss the Company's 2012 and
fourth quarter 2012 results at 1 p.m. Eastern time on February 21, 2013.

The conference call and presentation will also be webcast on the
Company's website at www.coeur.com.
A replay of the call will be available through March 14, 2013.

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 operating results, production levels,
exploration results and operating costs. 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 permits necessary for
the planned Rochester expansion may not be obtained, the risks and
hazards inherent in the mining business (including environmental
hazards, industrial accidents, weather or geologically related
conditions), changes in the market prices of gold and silver, the
uncertainties inherent in Coeur's production, exploratory and
developmental activities, including risks relating to permitting and
regulatory delays and disputed mining claims, any future labor disputes
or work stoppages, the uncertainties inherent in the estimation of gold
and silver ore 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, 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 reports on Form 10-K and Form 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. Current mineralized
material estimates include disputed and undisputed claims at Rochester.
While the Company believes it holds a superior position in the ongoing
claim dispute, the Company believes an adverse legal outcome would cause
it to modify mineralized material estimates. 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.

Donald J. Birak, Coeur's Senior Vice President of Exploration and a
qualified person under Canadian National Instrument 43-101, supervised
the preparation of 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, please see the
Technical Reports for each of Coeur's properties as filed on SEDAR at www.sedar.com.

Cautionary Note to U.S. Investors-The United States Securities and
Exchange Commission permits U.S. mining companies, in their filings with
the SEC, to disclose only those mineral deposits that a company can
economically and legally extract or produce. We may use certain terms in
public disclosures, such as 'measured,' 'indicated,' 'inferred? and
'resources,' that are recognized by Canadian regulations, but that SEC
guidelines generally prohibit U.S. registered companies from including
in their filings with the SEC. U.S. investors are urged to consider
closely the disclosure in our Form 10-K which may be secured from us, or
from the SEC's website at http://www.sec.gov.

Non-U.S. GAAP Measures

We supplement the reporting of our financial information determined
under United States generally accepted accounting principles (U.S. GAAP)
with certain non-U.S. GAAP financial measures, including cash operating
costs, operating cash flow, adjusted earnings, and EBITDA. We believe
that these adjusted measures provide meaningful information to assist
management, investors and analysts in understanding our financial
results and assessing our prospects for future performance. We believe
these adjusted financial measures are important indicators of our
recurring operations because they exclude items that may not be
indicative of, or are unrelated to our core operating results, and
provide a better baseline for analyzing trends in our underlying
businesses. We believe cash operating costs, operating cash flow,
adjusted earnings and EBITDA are important measures in assessing the
Company's overall financial performance.

About Coeur

Coeur d'Alene Mines Corporation is the largest U.S.-based primary silver
producer and a growing gold producer. The Company has four precious
metals mines in the Americas generating strong production, sales and
cash flow in continued robust metals markets. Coeur produces from its
wholly owned operations: the Palmarejo silver-gold mine in Mexico, the
San Bartolom? silver mine in Bolivia, the Rochester silver-gold mine in
Nevada and the Kensington gold mine in Alaska. The Company also owns a
non-operating interest in a low-cost mine in Australia, and conducts
ongoing exploration activities in Mexico, Argentina, Nevada, Alaska and
Bolivia.