Coeur Mining (NYSE: CDE) President & CEO Mitch Krebs says the company’s acquisition of New Gold marks a transformational step, accelerating Coeur into a larger, more resilient North American silver, gold, and copper producer. Speaking with Kitco Mining at the 35th BMO Global Metals, Mining & Critical Minerals Conference, Krebs said the deal 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 transaction strengthens the balance sheet, supports potential investment-grade metrics, and opens the door to broader institutional ownership, including eligibility for major U.S. equity indexes. “It’s a massive leap forward,” he said, describing the acquisition as positioning Coeur to perform through commodity cycles while maintaining its silver-dominant profile and expanding capital return options post-closing.

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00:43 - Why Coeur Is Acquiring New Gold Now
02:52 - “It’s a Massive Leap Forward”
04:23 - Building Scale and Through-Cycle Resilience
05:25 - Costs, Cash Flow, and Investment-Grade Balance Sheet
07:23 - Exploration Growth and Capital Return Strategy
09:18 - Investor Interest Surges at BMO Conference
10:27 - Seven-Asset Portfolio and Integration Focus
11:27 - 2026 Milestones Including Silver Tip Project
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