Welcome to our dedicated page for Coeur Mng news (Ticker: CDE), a resource for investors and traders seeking the latest updates and insights on Coeur Mng stock.
CDE news coverage focuses on Coeur Mining, Inc.’s role as a U.S.-based precious metals producer and on developments across its gold and silver operations in North America. Company announcements highlight activity at its five wholly owned operations: the Las Chispas silver-gold mine in Sonora, Mexico, the Palmarejo gold-silver complex in Chihuahua, Mexico, the Rochester silver-gold mine in Nevada, the Kensington gold mine in Alaska, and the Wharf gold mine in South Dakota, as well as the Silvertip polymetallic critical minerals exploration project in British Columbia.
Investors following Coeur Mining news can expect regular updates on quarterly and full-year financial results, production levels for gold and silver, and related operating metrics. The company issues press releases and files Form 8-K reports to announce earnings, refine production and cost guidance, and discuss cash flow and capital allocation. These communications provide insight into how each mine contributes to consolidated revenue and production.
News about Coeur also covers exploration progress, particularly at the Palmarejo gold-silver complex, where the company has described its largest exploration campaign in years. Releases detail drilling results, extensions of mineralized vein systems, and new discoveries in areas such as San Miguel, La Unión, and the Camuchín trend in East Palmarejo.
Another key theme in CDE news is corporate and strategic activity. Coeur has announced a definitive arrangement agreement to acquire New Gold Inc. in a stock-for-stock transaction, with the goal of creating an all North American precious metals company with a portfolio of seven operations, subject to required approvals. The company also frequently reports participation in investor and precious metals conferences, where its leadership team presents to institutional audiences. For an ongoing view of these developments, readers can review the latest press releases and regulatory disclosures linked to CDE.
Coeur Mining, Inc. (NYSE: CDE) will feature its President and CEO, Mitchell J. Krebs, and CFO, Thomas S. Whelan, at the Goldman Sachs Credit & Leveraged Finance Conference on May 17, 2021. Whelan will engage in a virtual fireside chat at 1:20 p.m. CT. Both executives will also participate in the Bank of America Global Metals, Mining & Steel Conference on May 18, 2021. These events are invitation-only, and presentation materials will be accessible on the Company’s website. Coeur Mining operates five wholly-owned precious metals mines across North America.
Coeur Mining has agreed to acquire approximately 17.8% of Victoria Gold Corp's outstanding shares from Orion for C$13.20 per share, totaling about $117.2 million in aggregate consideration. This acquisition aligns with Coeur's strategy to enhance its investment in precious metals assets. The transaction is anticipated to close around May 11, 2021, subject to customary conditions. Orion will also receive about 4.9% of Coeur's shares, and the deal includes provisions for future strategic discussions. Coeur's solid operational footprint spans five wholly-owned mines across North America.
Coeur Mining, Inc. (CDE) reported Q1 2021 results with revenues of $202.1 million, a 17% year-over-year decline. However, adjusted EBITDA rose 42% to $65.9 million, driven by strong gold production of 85,225 ounces. Cash flow from operations was negative at $(4.4) million due to lower metal sales and increased cash taxes. The company reaffirmed its 2021 production guidance of 322,500-367,500 ounces of gold and 9.7-12.2 million ounces of silver. Key initiatives include refinancing senior notes and construction of the Rochester mine expansion, now 20% complete.
Coeur Mining (CDE) released its 2020 Responsibility Report, focusing on its environmental, social, and governance (ESG) initiatives. The report highlights adherence to frameworks like SASB, TCFD, and GRI, demonstrating Coeur's commitment to transparency and improving ESG standards. Key goals include enhanced diversity measures and emissions intensity reductions, aiming to drive long-term value for stakeholders. CEO Mitchell J. Krebs emphasized the integration of ESG principles across operations, reinforcing the company's dedication to responsible resource management.
Coeur Mining, Inc. (NYSE: CDE) will report its first quarter 2021 operational and financial results after market close on April 28, 2021. A conference call with management, including CEO Mitchell J. Krebs, is scheduled for April 29, 2021, at 11:00 a.m. ET. Investors can listen to a replay until May 6, 2021.
Coeur operates five wholly-owned precious metals mines across North America, reaffirming its status as a diversified and growing producer in the industry.
Coeur Mining, a prominent U.S.-based precious metals producer, will have its CEO, Mitchell J. Krebs, participate in the NYSE Materials Investor Access Day on March 9, 2021. This exclusive, virtual conference will feature investment presentations available on the company's website at www.coeur.com. Coeur operates five mining sites, including the Palmarejo complex in Mexico and the Rochester mine in Nevada, and also has interests in various precious metals exploration projects across North America.
Coeur Mining announced the expiration of its cash tender offer for 5.875% senior notes due 2024, with valid tenders totaling $102,817,000, or 44.70% of total outstanding notes. The company will purchase all validly tendered notes and expects payment on March 1, 2021. Remaining notes will be redeemed at 102.938% of their principal amount. Goldman Sachs is the dealer manager for this transaction. The tender offer is part of a broader debt financing strategy, though results may vary due to unforeseen risks.
Coeur Mining, Inc. (NYSE: CDE) will participate in the 30th Annual BMO Capital Markets Global Metals & Mining Conference. President and CEO Mitchell J. Krebs and CFO Thomas S. Whelan will represent the company at this virtual, invitation-only event on March 2, 2021, at 3:30 p.m. CT. A virtual fireside chat featuring Krebs will also take place. Presentation materials will be accessible on the company's website, and the webcast can be viewed online. Coeur operates five owned mines across North America, focusing on precious metals production.
Coeur Mining announced the upsizing of its offering of senior notes to $375 million with a 5.125% interest rate, maturing in 2029. This was increased from a previously announced amount of $350 million. The funds will primarily be used to repurchase existing 2024 senior notes worth $230 million and cover associated costs. The offering is expected to close around March 1, 2021, pending customary conditions. The notes will not be registered under the Securities Act, implying restrictions on their transferability.
Coeur Mining, Inc. (NYSE: CDE) has initiated a cash tender offer to acquire any and all of its 5.875% Senior Notes due 2024, totaling $230 million. The Tender Offer, set to expire on February 26, 2021, offers $1,029.38 per $1,000 principal amount of Notes validly tendered. Holders will also receive accrued interest. The offer is contingent on the company securing sufficient financing. A notice of redemption will be issued for any outstanding Notes after the offer concludes. Goldman Sachs & Co. LLC is the dealer manager for this Tender Offer.