# 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.

- Type: Acquisition
- Announced: 2025-11-03
- Where: Canada
- Value: $7.00B
- Status: announced
- Products: silver, gold, copper

## Companies

- [Coeur Mining](https://endata.com/companies/52553.md) (acquirer)
- [New Gold](https://endata.com/companies/68005.md) (target)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20251103107132/en/Coeur-Announces-Acquisition-of-New-Gold-to-Create-a-New-All-North-American-Senior-Precious-Metals-Producer), 2025-11-03: "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."
- [financialpost.com](https://financialpost.com/news/coeur-take-over-new-gold-all-stock-deal/), 2025-11-03: "The combined company would have over 1,700 employees in Canada with 450 more employed as contractors"

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.