NYSE:CDEMetals and Mining
Coeur Mining’s New Gold Deal Recasts Scale Capital Returns And Risks
Coeur Mining (OTCPK:CDE) has completed its acquisition of New Gold Inc., adding the New Afton and Rainy River mines to its portfolio.
The company has initiated a semiannual dividend and authorized a US$750 million share repurchase program.
Coeur has issued new consolidated production guidance reflecting its larger asset base and amended its bylaws to allow for additional authorized shares.
The company has appointed new directors and secured a US$1 billion credit facility to support its...