Table of Contents
Click on a title to visit that section.
Front Cover
Financial Highlights
Letter to Shareholders
growing reserves and production
long-life mines in mining-friendly jurisdictions
safety is a top priority
social responsibility
solid, experienced workforce
strong, flexible financial position
diversified revenue sources
low-cost producer with strong margins
our newest mine brings growth and cost reduction
two world-class silver assets
FORM 10-K
TABLE OF CONTENTS
SPECIAL NOTE ON FORWARD-LOOKING STATEMENTS
PART I
ITEM 1. BUSINESS
ITEM 1A. RISK FACTORS
ITEM 1B. UNRESOLVED STAFF COMMENTS
ITEM 2. PROPERTIES
ITEM 3. LEGAL PROCEEDINGS
ITEM 4. MINE SAFETY DISCLOSURES
PART II
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
ITEM 6. SELECTED FINANCIAL DATA
ITEM 7. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURES
ITEM 9A. CONTROLS AND PROCEDURES
PART III
ITEM 10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE
ITEM 11. EXECUTIVE COMPENSATION
ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS
ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE
ITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES
PART IV
ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES
SIGNATURES
CONSOLIDATED FINANCIAL STATEMENTS
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
CONSOLIDATED BALANCE SHEETS
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)
CONSOLIDATED STATEMENTS OF CASH FLOWS
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Note 1: Summary of Significant Accounting Policies
Note 2. Cash, Investments, and Restricted Cash
Note 3: Properties, Plants, Equipment and Mineral Interests, and Lease Commitments
Note 4: Environmental and Reclamation Activities
Note 5: Income Taxes
Note 6: Senior Notes, Credit Facilities and Capital Leases
Note 7: Commitments, Contingencies, and Obligations
Note 8: Employee Benefit Plans
Note 9: Stockholders’ Equity
Note 10: Derivative Instruments
Note 11: Business Segments and Significant Customers
Note 12: Fair Value Measurement
Note 13: Income (Loss) per Common Share
Note 14: Other Comprehensive Income (Loss)
Note 15: Related Party Transactions
Note 16: Acquisitions
Note 17: Guarantor Subsidiaries
RECONCILIATION OF ADJUSTED EBITDA (NON-GAAP) TO NET INCOME (LOSS) (GAAP)
TEN-YEAR FINANCIAL REVIEW
ESTIMATED MINERAL RESERVES AND RESOURCES
Corporate Information
Back Cover