Company Description
Coeur Mining, Inc. (NYSE: CDE) is a U.S.-based precious metals producer focused on gold and silver mining. According to company disclosures, Coeur is described as a "well-diversified, growing precious metals producer" with operations across North America. The company is involved in the discovery and mining of gold and silver and generates revenue from the sale of these metals. Coeur’s activities place it within the gold ore mining industry and the broader mining, quarrying, and oil and gas extraction sector.
The company’s operating footprint spans several jurisdictions in the Americas. Coeur reports 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. In addition, Coeur wholly owns the Silvertip polymetallic critical minerals exploration project in British Columbia. Earlier descriptions of the business also reference operating mines named Palmarejo, Rochester, Wharf, and Kensington, and note that its projects are located in the United States, Canada, and Mexico.
Coeur’s public filings and news releases emphasize its role as a precious metals producer with a portfolio of gold and silver assets. The company highlights that it is U.S.-based and that its operations are wholly owned, which means Coeur directly controls these mines and projects. The Las Chispas, Palmarejo, Rochester, Kensington, and Wharf operations provide exposure to different mining districts and ore bodies, while Silvertip adds a polymetallic critical minerals exploration component in Canada.
Business focus and operations
According to available information, Coeur’s core business is the discovery, mining, and sale of gold and silver. The company’s mines and projects are located in multiple North American jurisdictions, including Mexico (Sonora and Chihuahua), the United States (Nevada, Alaska, South Dakota), and Canada (British Columbia). Coeur’s operations are described as precious metals mines or complexes, reflecting a focus on deposits that contain both gold and silver in varying proportions.
The company’s Rochester mine in Nevada is identified as a silver-gold mine, while Kensington and Wharf are described as gold mines. Palmarejo is referred to as a gold-silver complex, and Las Chispas as a silver-gold mine. These designations indicate the primary metals produced at each site, based on company descriptions. Silvertip is characterized as a polymetallic critical minerals exploration project, distinguishing it from the producing operations.
Corporate developments and strategic direction
Coeur’s recent disclosures include a material agreement to acquire New Gold Inc. through a stock-for-stock transaction, as detailed in an 8-K filing and joint press releases. Under an arrangement agreement, a wholly owned Coeur subsidiary agreed to acquire all issued and outstanding New Gold common shares, with New Gold shareholders to receive shares of Coeur common stock at a specified exchange ratio, subject to shareholder, court, regulatory, and stock exchange approvals. The transaction is structured as a plan of arrangement under the Business Corporations Act (British Columbia).
Company communications describe the rationale for this proposed acquisition as creating a new, all North American precious metals mining company with a portfolio that would include New Gold’s two Canadian operations alongside Coeur’s existing five operating mines. The combined entity is described in the transaction materials as a senior precious metals producer focused entirely on North America, with operations in the U.S., Canada, and Mexico. Completion of the transaction is subject to conditions outlined in the arrangement agreement and related filings.
Exploration and growth initiatives
Coeur reports active exploration programs, particularly at its Palmarejo gold-silver complex in Chihuahua, Mexico. Company news describes Palmarejo as the site of its largest exploration campaign in many years, with extensive diamond drilling across a large land package. The exploration program is focused on near-mine and district-scale targets, including the Hidalgo Corridor, Independencia Sur and Independencia Norte areas, and new zones in East Palmarejo such as San Miguel, La Unión, and the Camuchín trend.
According to Coeur’s exploration updates, drilling at Palmarejo has extended multiple vein systems and identified additional mineralized structures. The company highlights step-out drilling along the Hidalgo, Libertad, and San Juan veins, validation drilling at Independencia Sur, and inaugural drilling at East Palmarejo targets. These activities are described as supporting resource growth opportunities and potential mine life extensions at Palmarejo.
Financial reporting and public market presence
Coeur Mining, Inc. trades on the New York Stock Exchange under the ticker symbol CDE. The company issues regular financial updates, including quarterly results and guidance, through press releases and Form 8-K filings. For example, Coeur has reported quarterly revenue, production volumes for gold and silver, and other operating metrics in its earnings releases, and has filed corresponding 8-Ks referencing these results.
In its financial communications, Coeur discusses metrics such as revenue from gold and silver sales, costs applicable to sales, cash flow from operating activities, and free cash flow. The company also provides production guidance ranges for its operations and discusses capital expenditures and exploration spending. These disclosures are made available through SEC filings, press releases, and investor presentations referenced in its 8-K filings.
Geographic footprint
Based on company descriptions and prior summaries, Coeur’s mines and projects are located in the United States, Canada, and Mexico. Within the U.S., operations are located in Nevada (Rochester), Alaska (Kensington), and South Dakota (Wharf). In Mexico, Coeur operates Las Chispas in Sonora and Palmarejo in Chihuahua. In Canada, the company owns the Silvertip polymetallic critical minerals exploration project in British Columbia. Transaction materials related to the proposed New Gold acquisition also reference New Gold’s Canadian operations in British Columbia and Ontario, which are expected to become part of the combined portfolio if the transaction closes.
Company status
There is no indication in the provided SEC filings or news that Coeur Mining, Inc. has been delisted, deregistered, or has ceased operations. The company continues to file current reports on Form 8-K, announce earnings calls, and participate in investor conferences. Coeur’s common stock is described as listed on the New York Stock Exchange, and transaction materials reference a planned Toronto Stock Exchange listing for Coeur shares in connection with the New Gold transaction, subject to approvals.
Frequently asked questions (FAQ)
- What does Coeur Mining, Inc. do?
Coeur Mining, Inc. is a U.S.-based precious metals producer focused on the discovery, mining, and sale of gold and silver. The company operates wholly owned mines and projects in the United States, Canada, and Mexico.
- Where does Coeur Mining operate?
According to company descriptions, Coeur operates 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. It also owns the Silvertip polymetallic critical minerals exploration project in British Columbia.
- On which exchange is Coeur Mining listed and what is its ticker?
Coeur Mining, Inc. is listed on the New York Stock Exchange under the ticker symbol CDE, as referenced in multiple company press releases and SEC filings.
- What metals does Coeur Mining produce?
Coeur identifies itself as a precious metals producer focused on gold and silver. Its operating mines are described as gold, silver, or gold-silver/silver-gold operations, and its financial reports discuss revenue from gold and silver sales.
- What is the Palmarejo gold-silver complex?
The Palmarejo gold-silver complex is one of Coeur’s wholly owned operations in Chihuahua, Mexico. Company exploration updates describe Palmarejo as the focus of a large exploration program involving near-mine and district-scale drilling to identify resource growth and potential mine life extensions.
- What is the Silvertip project?
Silvertip is described by Coeur as a wholly owned polymetallic critical minerals exploration project located in British Columbia. It is distinguished from Coeur’s producing mines and is referenced in company overviews and transaction-related communications.
- What is Coeur’s relationship with New Gold Inc.?
Coeur Mining, Inc. and New Gold Inc. entered into an arrangement agreement under which a wholly owned Coeur subsidiary agreed to acquire all issued and outstanding New Gold common shares in a stock-for-stock transaction. The transaction is subject to shareholder, court, regulatory, and stock exchange approvals, as detailed in Coeur’s Form 8-K and related press releases.
- Does Coeur provide regular financial updates?
Yes. Coeur issues periodic press releases announcing quarterly financial and operating results and files corresponding Form 8-K reports. These communications include information such as revenue, production volumes for gold and silver, and guidance for production and costs.
- Is Coeur Mining still an active company?
Based on the provided news and SEC filings, Coeur Mining, Inc. remains active. It continues to report quarterly results, announce earnings calls, conduct exploration programs, and pursue corporate transactions such as the proposed acquisition of New Gold.
- In which countries does Coeur have mines or projects?
Coeur’s mines and projects are located in the United States, Canada, and Mexico, as indicated in company descriptions and transaction materials.