Coeur Mining, Inc. acquires New Gold Inc. for US$7 billion
Goodmans LLP acted for Coeur Mining, Inc. in connection with its acquisition of New Gold Inc. for US$7 billion.
This acquisition was pivotal, creating a new, all North American senior precious metals producer with a pro forma market capitalization of approximately US$20 billion. The combined company is among the top 10 largest precious metals companies and top 5 largest silver producers globally, with silver representing 30% of total metals reserves.
Coeur is a US-based, well-diversified, precious metals mining company that operates five mines located in North America.
New Gold is a Canadian-focused intermediate mining Company with a portfolio of two core producing assets in Canada, the New Afton and Rainy River mines.
Featured Work
-
Mining
Coeur Mining, Inc. acquires New Gold Inc. for US$7 billion
Goodmans LLP acted for Coeur Mining, Inc. in connection with its acquisition of New Gold Inc. for US$7 billion… -
Capital Markets
Century Lithium completes private placement
Goodmans LLP advised Century Lithium Corp. in connection with the closing of a C$7 million listed issuer financing exemption offering (the “Life Offering”) of its 14,893,616 units… -
Mining
Hudbay Minerals to acquire Arizona Sonoran for US$1.48 billion
Goodmans LLP is advising Hudbay Minerals Inc. in connection with its definitive agreement to acquire Arizona Sonoran Copper Company Inc. (“ASCU”) for US$1.48 billion in an all-share transaction… -
Mining
Gold Candle Ltd. to acquire Fokus Mining Corporation
Goodmans LLP is advising Gold Candle Ltd. in connection with its definitive agreement to acquire all of the issued and outstanding common shares in the capital of Fokus by way of a plan of arrangement… -
Mining
Fresnillo acquires Probe Gold in C$770 million all-cash transaction
Goodmans LLP acted for Fresnillo plc (“Fresnillo”) in connection with its acquisition of Probe Gold Inc. (“Probe”), pursuant to which a wholly-owned subsidiary of Fresnillo acquired 100% of the issued… -
Mining
Newmont Corporation completes its non-core divestiture program
Goodmans LLP acted as primary counsel to Newmont Corporation in connection with various divestitures…