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Coeur Mining, Inc. (CDE)

- NYSE
  • Dec. 17, 2014, 7:45 AM
    • Coeur Mining (NYSE:CDE) agrees to acquire Paramount Gold and Silver (NYSEMKT:PZG) for $146M in stock, as it expands its mining footprint in Mexico.
    • As part of the deal, PZG will spin off its non-Mexican assets into a stand-alone publicly listed company, of which CDE will own a 4.9% stake.
    • PZG's San Miguel mining project neighbors CDE's Palmarejo silver-gold mine in northern Mexico, and the merger enables Palmarejo to continue as one of the largest and highest grade silver and gold mines in the world.
    • PZG +21.8% premarket.
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  • Dec. 1, 2014, 8:12 AM
    • Coeur Mining (NYSE:CDE) is in advanced talks to acquire Paramount Gold and Silver (NYSEMKT:PZG), Reuters reports, as the biggest U.S. producer of silver seeks to expand its mining footprint in Mexico.
    • As part of the deal, PZG plans to spin off its non-Mexican assets into a stand-alone publicly listed company, in which CDE would hold a 4.9% stake, according to the report.
    • PZG's San Miguel mining project neighbors CDE's Palmarejo silver-gold mine in northern Mexico, and a deal would enable Palmarejo to continue as one of the largest and highest grade silver and gold mines in the world for at least another seven years.
    • PZG +4.5% premarket, CDE -0.2%.
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  • Feb. 26, 2013, 5:17 PM
    Coeur d'Alene (CDE) CEO Mitch Krebs says the silver producer is looking for more acquisitions after the purchase of Orko SIlver, with an eye for smaller deals near existing assets. Capital markets have been largely shut down for junior miners, he says, which "means opportunities for a company like us."
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  • Feb. 20, 2013, 9:14 AM
    With First Majestic (AG) out of the way, Coeur d'Alene (CDE) confirms a definitive agreement to acquire Orko Silver (OKOFF.PK) in a deal with a total value of ~C$350M. CDE -4.1%, AG +3.8% premarket.
    | 3 Comments
  • Feb. 19, 2013, 4:29 PM
    First Majestic Silver (AG) says it will not match Coeur d'Alene's (CDE) C$384M offer to acquire Orko Silver (OKOFF.PK). CDE wins the battle for the La Preciosa deposit in Mexico, one of the world's largest undeveloped silver projects. AG -0.1%, CDE -0.4% AH.
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  • Feb. 13, 2013, 8:34 AM
    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.
    | 2 Comments
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Company Description
Coeur Mining Inc is a silver producer with gold production and mines located in the United States, Mexico and Bolivia; a silver streaming interest in Australia; and exploration projects in Mexico and Argentina.
Industry: Silver
Country: United States