Coeur Mining to acquire New Gold for $7 billion

Coeur Mining has entered into a definitive agreement to acquire all shares of New Gold. New Gold shareholders will receive 0.4959 Coeur shares per share, implying a total equity value of approximately $7 billion.

“The addition of New Gold's two Canadian mines results in a combined company with seven North American operations generating $3 billion of expected EBITDA and $2 billion of expected free cash flow in 2026.”businesswire.com

• 2 sources
• businesswire.comCoeur Announces Acquisition of New Gold to Create a New, All North American Senior Precious Metals ProducerFor Additional InformationNov 3, 2025
• financialpost.comCoeur to take over Canada's New Gold in $7 billion dealNaim KarimNov 3, 2025

Summarized from public sources; check the original articles before acting on it.