Major Mining Merger: Coeur to Buy New Gold for US$7 Billion
Coeur Mining’s acquisition of New Gold represents one of the largest consolidations in the North American mining sector in recent years. Mid-tier precious metals miner Coeur Mining (NYSE:CDE) announced on Monday (November 3) it plans to acquire New Gold (TSX:NGD,NYSEAMERICAN:NGD) in an all-stock deal valued at US$7 billion. Set to be completed in the first
