M&A Deal Summary

Coeur Mining Acquires Alio Gold - Lincoln Hill Wilco Project & Gold Ridge Property

On October 16, 2018, Coeur Mining acquired metals/mining company Alio Gold - Lincoln Hill Wilco Project & Gold Ridge Property from Alio Gold for 19M USD

Acquisition Highlights
  • This is Coeur Mining’s 6th transaction in the Metals/Mining sector.
  • This is Coeur Mining’s 5th largest (disclosed) transaction.
  • This is Coeur Mining’s 2nd transaction in the United States.
  • This is Coeur Mining’s 1st transaction in Nevada.

M&A Deal Summary

Date 2018-10-16
Target Alio Gold - Lincoln Hill Wilco Project & Gold Ridge Property
Sector Metals/Mining
Buyer(s) Coeur Mining
Sellers(s) Alio Gold
Deal Type Divestiture
Deal Value 19M USD

Target

Alio Gold - Lincoln Hill Wilco Project & Gold Ridge Property

Nevada, United States
Lincoln Hill Project is an open-pit, heap leach mine in northern Nevada, providing significant operational synergies. Wilco Project is a gold-silver exploration project that covers approximately 8,900 acres.

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Buyer(S) 1

Buyer

Coeur Mining

Chicago, Illinois, United States

Category Company
Founded 1928
Sector Metals/Mining
Employees2,074
Revenue 821M USD (2023)
DESCRIPTION

Coeur Mining is a silver and a gold producer with five precious metals mines in the Americas. Coeur Mining was founded in 1928 and is based in Chicago, Illinois.


DEAL STATS #
Overall 6 of 6
Sector (Metals/Mining) 6 of 6
Type (Divestiture) 2 of 2
State (Nevada) 1 of 1
Country (United States) 2 of 2
Year (2018) 2 of 2
Size (of disclosed) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-02 Northern Empire Resources

Vancouver, British Columbia, Canada

Northern Empire Resources Corp. is expanding and discovering heap leach gold deposits in Nevada. Northern Empire presently has initial resource statements on four potentially heap-leachable deposits, three of which are past producing, at the 100%-owned Sterling Gold Project. Northern Empire Resources is based in Vancouver, British Columbia.

Buy $90M

Seller(S) 1

SELLER

Alio Gold

Vancouver, British Columbia, Canada

Category Company
Founded 2005
Sector Metals/Mining
Revenue 112M USD (2019)
DESCRIPTION

Alio Gold is an exploration, development, and operation of mineral resource property in Mexico. The company primarily mines gold and silver. Alio Gold was founded in 2005 and is based in Vancouver, Canada.


DEAL STATS #
Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Divestiture) 1 of 1
State (Nevada) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1
Size (of disclosed) 1 of 1