Coeur d'Alene Mines (CDE) proposes to buy Orko Silver (OKOFF.PK) for ~C$384M, two months after...

|About: Coeur Mining, Inc. (CDE)|By:, SA News Editor

Coeur d'Alene Mines (CDE) proposes to buy Orko Silver (OKOFF.PK) for ~C$384M, two months after Orko agreed to be sold to First Majestic Silver (AG). Orko's board says CDE's stock and cash offer is superior, and gives AG until Feb. 19 to match it. At the heart of the battle for Orko is the La Preciosa deposit in Mexico, one of the world's largest undeveloped silver projects. CDE -6% premarket.