Major Mining Merger: Coeur to Acquire New Gold for $7 Billion

Coeur Mining plans to acquire New Gold in an all-stock deal valued at $7 billion, one of the largest consolidations in the North American mining sector in recent years. The deal will bolster Coeur's gold and silver production, diversify the miner into the copper market, and position Coeur as one of the five largest silver producers in the world. The merger is expected to generate $3 billion in EBITDA and $2 billion in free cash flow in 2026.