Mining Stock Daily

Morning Briefing: Coeur Mining to Acquire New Gold

Nov 3, 2025
Discover the latest buzz in the mining sector with news on Coeur Mining's bold move to acquire New Gold. Alaska Silver celebrates a significant high-grade silver discovery, while Omai Gold Mines reveals promising drill results. Kenorland Minerals wraps up its fall drill program, and AMARC Resources shares exciting assay highlights. Meridian Mining also updates on its Cabosol permitting progress. Join in for key insights and developments shaping the industry!
Ask episode
AI Snips
Chapters
Transcript
Episode notes
INSIGHT

Major Merger Creates $20B Gold Company

  • Core Mining will acquire New Gold, creating a combined company with roughly $20 billion pro forma market cap.
  • The deal implies about $7 billion equity value for New Gold and gives combined shareholders ~62% Core, ~38% New Gold.
INSIGHT

Large Cash Flow Expected Post-Deal

  • The combined company is forecast to generate about $3 billion EBITDA and $2 billion free cash flow next year.
  • Those projected cash flows underline the strategic rationale for the transaction.
INSIGHT

High-Grade Silver Zone Discovered

  • Alaska Silver discovered the high-grade Silver Sage Zone 4.8 km from its Water Pump Creek resource.
  • Surface samples returned >1,100 g/t silver with high lead, indicating CRD-style mineralization and significant exploration upside.
Get the Snipd Podcast app to discover more snips from this episode
Get the app