Coeur Mining to Acquire New Gold in $7-Billion Deal, Creating Largest Gold Miner in North America.

Coeur Mining to acquire New Gold and its two Canadian gold mines in an all-stock deal worth $7-billion. The deal implies a value of $8.51 per New Gold share and will result in a combined company with seven operations producing 1.25 million gold equivalent ounces in 2026. Existing Coeur shareholders will own 62% of the combined company, while New Gold shareholders will hold 38%.