Coeur Mining Forges North American Gold Giant with New Gold Acquisition

In a landmark transaction set to reshape the precious metals landscape, North American gold producer Coeur Mining has unveiled plans to acquire New Gold Inc. through an all-stock deal valued at approximately $7 billion. Announced on November 3, 2025, this represents one of the sector’s most significant consolidation moves for the year.

Despite ambitious growth projections outlined by Coeur, the initial market response was marked by skepticism. Following the announcement, share prices for both companies declined, effectively erasing the proposed acquisition premium.

The transaction terms specify that New Gold shareholders will receive 0.4959 Coeur shares for each of their existing shares. This represents a 16% premium over New Gold’s closing price from Read more...