U.S.-based Coeur Mining has entered into a definitive agreement to acquire North American peer SilverCrest Metals, adding the Las Chispas underground mine in Sonora, Mexico, to its portfolio. Under the terms of the agreement, a wholly-owned subsidiary of Coeur will acquire all of the issued and outstanding shares of SilverCrest pursuant to a court-approved plan of arrangement. The transaction is…
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Coeur Mining said its newly expanded Rochester silver-gold mine in Nevada achieved commercial production as of March 31. It is expected to become America’s largest source of domestically produced and refined silver.
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BQE Water has reported the successful completion of on-site pilot demonstration of its patented Selen-IX process at Coeur Mining’s Wharf open-pit mine in the northern Black Hills of South Dakota. The project is now fast-tracked for full-scale implementation later this year. Full story.
Read MoreCoeur Mining subsidiary Coeur Mexicana has signed a purchase agreement with a subsidiary of Fresnillo to acquire mining concessions adjacent to the Palmarejo gold-silver complex in the state of Chihuahua, Mexico, for US$25 million in cash. Full story.
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The transaction to sell U.S.-based Coeur Mining’s Crown and Sterling holdings in Nevada to a subsidiary of AngloGold Ashanti has closed. Read full article.
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The National Mining Association (NMA) has elected Coeur Mining’s Mitchell Krebs as the chairman of its board of directors. Read full article.
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Coeur Mining has entered into a definitive agreement with a subsidiary of AngloGold Ashanti to sell its Crown and Sterling properties in Nevada for a cash consideration of $150 million.
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The National Mining Association, the organizers and hosts for MINExpo International 2021, has announced the winners of its annual Sentinels of Safety awards – with 40 mining operations taking home honors this year from the Las Vegas event.
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