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.