Video News/BMO Capital Markets 2026

Coeur Mining (NYSE: CDE) President & CEO Mitch Krebs said the company’s acquisition of New Gold represents a transformational step, positioning Coeur as a larger, more resilient North American silver, gold and copper producer. Speaking at the 35th BMO Global Metals, Mining & Critical Minerals Conference, Krebs said the transaction builds on last year’s SilverCrest acquisition and moves Coeur into a new peer group with roughly $25 billion in market capitalization, more than $3 billion in EBITDA and over $2 billion in projected free cash flow on a pro forma basis. The combined company is expected to produce approximately 20 million ounces of silver, 900,000 ounces of gold and 100 million pounds of copper annually, while lowering overall costs by close to 20%. Krebs said the strengthened balance sheet and expanded cash flow profile will support reinvestment, potential capital returns and broader institutional ownership, including eligibility for major U.S. equity indexes. “It’s a massive leap forward,” he said, describing the acquisition as accelerating Coeur’s goal of building a more durable company capable of performing through commodity cycles.