M&A Deal Summary

Coeur Mining Acquires New Gold

On November 3, 2025, Coeur Mining acquired metals/mining company New Gold for 7.0B USD

Acquisition Highlights
  • This is Coeur Mining’s 8th transaction in the Metals/Mining sector.
  • This is Coeur Mining’s largest (disclosed) transaction.
  • This is Coeur Mining’s 6th transaction in Canada.
  • This is Coeur Mining’s 1st transaction in Ontario.

M&A Deal Summary

Date 2025-11-03
Target New Gold
Sector Metals/Mining
Buyer(s) Coeur Mining
Deal Type Merger
Deal Value 7.0B USD
Advisor(s) National Bank Financial (Financial)
Davies Ward Phillips & Vineberg
Paul, Weiss, Rifkind, Wharton & Garrison (Legal)

Target

New Gold

Toronto, Ontario, Canada
New Gold is a mining company focused on the exploration, development, and operation of gold, silver, and copper properties. The Company’s core producing assets include the Rainy River gold-silver mine in Ontario and the New Afton gold-copper mine in British Columbia. New Gold was founded in 1980 and is headquartered in Toronto, Ontario.

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Buyer(S) 1

Buyer

Coeur Mining

Chicago, Illinois, United States

Category Company
Founded 1928
Sector Metals/Mining
Employees2,116
Revenue 1.1B USD (2024)
DESCRIPTION

Coeur Mining is a silver and 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 8 of 8
Sector: Metals/Mining M&A 8 of 8
Type: Merger M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 6 of 6
Year: 2025 M&A 1 of 1
Size (of disclosed) 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-04 SilverCrest

Vancouver, British Columbia, Canada

SilverCrest is a precious metals producer. The Company's ongoing initiative to increase its asset base by expanding current resources and reserves, acquiring, discovering, and developing high value precious metals projects and ultimately operating multiple silver-gold mines in the Americas. SilverCrest was formed in 2015 and is headquartered in Vancouver, British Columbia.

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